Company DescriptionFairmont Ramla, Riyadh is a luxury hospitality destination offering premium serviced residences, exceptional dining experiences, and world-class guest services. As part of the renowned Fairmont brand, the property is committed to excellence and innovation, delivering unforgettable experiences through high standards in hospitality
Job DescriptionTo lead the Finance Team in all financial aspects of the hotel’s operations, to ensure that all local & corporate policies & procedures are observed, and to supervise the day-to-day operations of the Finance office. We are looking for an experienced Director of Finance to oversee all financial aspects of business and drive the company’s financial strategy and planning.
You will be responsible for:
Duties & Responsibilities:* Directs, coordinates, and participates in all activities of Accounting personnel, such as: * preparing management reports, financial statements, and related accounting reports; * receiving, storing, issuing, accounting for, and controlling the cost of food, beverage, general supplies, operating equipment, and fixed assets; * requisition needed equipment, materials, and supplies; * receiving, keeping, depositing, investing, and disbursing funds; * preparing, controlling, and maintaining all vouchers and cheques; * processing and preparing all credit applications; * auditing all revenue reports of the hotel; * Ensures that all accounting reports and financial statements are prepared according to the uniform system of accounts for the hotel. * Sees to the accurate and timely preparation and submission of all accounting reports, financial statements, and tax returns. * Complies in conjunction with the mgt. Department heads are responsible for all budgets and forecasts covering all hotel activities, and maintain all budget control procedures. * Analyzes and interprets financial statements and accounting reports of the hotel; reports to management. * Maintains all proper control systems and procedures and conducts continuous audit of all hotel accounts, records, and transactions. * Implements and administers credit and collection policies and procedures established by the General Manager. * Ensures the maintenance of ledgers and subsidiary records of authorized appropriations and expenditures are properly authorized and accounted for. * Ensures the maintenance of all subsidiary records in connection with inventories, accounts receivables, accounts payables, operating equipment, fixed assets, etc. * Supervises and directs the receiving, storing, and issuing functions to ensure that proper procedures and controls are in effect. * Assists all department heads in the preparation of their respective budgets and feasibility studies, and whenever any financial information or expertise is required. * Ensures the cleanliness and maintenance of all accounting machines and equipment. * Maintains good relations with banks to facilitate the handling of such arrangements as overdrafts, placing funds in time deposits, etc. * Maintains good relationships with the government to facilitate the handling of such hotel functions as tax matters, import licenses, and customs clearances. * Performs related duties as assigned.
Qualifications
Additional Information
Your Work Environment:Note: The description can be adjusted to meet specific local or legal requirements, such as work permits.
Our Commitment to Diversity & Inclusion:We are an inclusive company, and our goal is to attract, hire, and develop diverse talent.
Requirements:
Working Conditions:
Compensation:
