Director of Finance

4 weeks ago

Riyadh, Saudi Arabia IHG Full time

**About us**
The only Resort in Riyadh City Characterized by the architectural grandeur, The InterContinental Durrat Al Riyadh Resort & Spa is cradled within the distinguished neighborhood of Banban, Riyadh. This unique property resides on 154,000 sqm of a lush green oasis enhanced by eco-friendly water features. Whether travelling for business or leisure, guests will enjoy from a wide array of culinary venues to an extensive range of recreational facilities including SPA, Indoor & Outdoor pools. Equipped with 162 remarkable abodes, including 121 extensive guestrooms, 31 luxurious suites and 10 stately private villas each with an outdoor swimming pool. Elegantly designed by beautifully weaving the opulence of the Arabian heritage, the resort offers guests a retreat that is a cut above the rest. Bring the warmth of Royals to your wedding day or host a successful meeting or a conference at any of our event venues; timeless and fit for any occasion. Add a touch of glamour and style to your experience as you choose between the Grand Durrat Hall, eight meeting rooms or stunning outdoor spaces, perfect for soirees, corporate meetings and exhibitions. Our dedicated team of professional and engaging event specialists will orchestrate every detail to perfection. To complete the experience, The InterContinental Durrat Al Riyadh Resort also presents gracious service and world-class dining. When you're a part of IHG, you’re more than your job title. And that’s what we love the individual talents, interests and dreams that make you who you are because we know that a team with different perspectives and skills can only make our business stronger.
**Your day to day**
People - Manage everyday activities, plan and assign work ensuring you always have the right staffing numbers - Develop your team and improve their performance through coaching and feedback, and create performance and development goals - recognise good performance - Train your team to make sure they deliver with compliance, to our standards and have the tools they need to work efficiently - Recommend or initiate any HR elated actions where needed - Direct the team on how decision-making impacts profits - Drive a great working environment for teams to thrive - connect departments to create sense of one team Responsible Business - Implement and maintain acceptable accounting practices as required by company policy and procedures - Ensure financial control procedures and systems are ethical and legal - Participate in local recognised professional and industry organisations - Manage hotel contracts (example: vendor leases and/or service contracts) - Other ad-hoc duties - unexpected moments when we have to pull together to get a task done - Financial - Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximise financial return - Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost saving and productivity opportunities for department heads - Ensure all accounts are reconciled on a monthly basis and oversee the process of credit extension and collection of overdue accounts - Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings - Manage accounts payable to balance cash flow and reputation with suppliers - Analyse ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved - Maximise cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances Accountabilities This is the top Accounting job in a large, luxury, or resort hotel. Typically supervises clerical accounting employees in a full range of functions such as Accounts Payable, Accounts Receivable, Credit/Collections, Purchasing, Audit, Payroll, and/or Accounting Operations.
**What we need from you**:

- Bachelor’s degree / higher education qualification / equivalent in Accounting and Finance - 4-8 years’ experience in hotel accounting or audit with at least one year in an Assistant Controller or similar supervisory role, or an equivalent combination of education and work-related experience - Knowledge of accounting management duties e.g. negotiating hotel space and tenant leases; processing payroll; performing asset management duties; providing business projections, displacement analysis, preparing government reports, filing tax returns etc - Professional accounting or finance designation or certification preferred. - Must speak local language(s). Other languages preferred
**What we offer**
We’ll reward all your hard work with a great salary and benefits. Join us and you’ll become part of the global IHG family - and like all families, all our individual team members share some winning characteristics. As a team, we work better together - we tru

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