Financial Controller

3 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia PAUSEAWAY Full time

Riyadh, Saudi Arabia | Posted on 08/22/2024

We are looking for a Financial Controller who will be responsible for managing the day-to-day operations of the accounting department, including the preparation and management of PAUSEAWAY financial budgets, implementing and overseeing all activities related to the financial aspects of the managed properties in compliance with local tax laws.

Additionally, the Financial Controller will be responsible for financial analysis, reporting, budgeting, forecasting, audit and control, asset and liability reconciliation, working capital, and cash control. He/She will also ensure the safekeeping and updating of all legal documentation related to the financial status of PAUSEAWAY and managed properties.

Are you equipped with the right tools and ready for a unique journey? Then you are welcomed.

Responsibilities:

  • Manage books and accounting department for the main brand and all managed properties.
  • Verify all financial reports and ensure that all transactions are accurate and in compliance with local government regulations.
  • Direct oversight of accounting staff including training and development.
  • Assist with monitoring, assessing, and maintaining internal controls and corporate policies and procedures.
  • Prepare balance sheet account reconciliations, including bank reconciliations and others.
  • Prepare various monthly closing entries and assist with the month-end close process, analysis, and reporting.
  • Prepare and assist with monthly, quarterly, and yearly forecasting.
  • Prepare and file monthly and quarterly taxes.
  • Support management in controlling costs within the budget and forecast.
  • Assist with completion of the annual budgeting process.
  • Assist with revenue enhancement possibilities and with profit improvement opportunities for property operations.
  • Achieve and exceed goals including performance goals, budget goals, team goals, etc.
Requirements
  • Proven working experience as a financial controller or assistant financial controller for at least 7 years in the hospitality and construction industries.
  • Advanced computer skills on MS Office, accounting software, and databases.
  • Knowledge of Hotel Software and Property Management Systems like FIDELIO, OPERA, Protel, etc.
  • High attention to detail and accuracy.
  • Ability to direct and supervise.
  • BS degree in Accounting or Finance; CPA and CFA are huge pluses.
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