Finance Manager
4 weeks ago
About Us
- When you build a career at Ascott, we want to bring out the best in you. Whether you're an experienced professional pursuing a hospitality career or a student aspiring to learn more about the dynamic serviced residence sector, Ascott offers ample opportunities for individuals seeking to expand their horizons beyond boundaries.- Across a variety of roles in hospitality management and corporate support functions, we welcome to bring your personality and style and be part of the Ascott team that is deeply committed to providing heartfelt service and creating award-winning experiences for our guests.- Be Yourself, Be Part of Our Journey- Job Description
- The Finance Manager ensures and maintains the efficient operation of the Finance Department.- He/She will be responsible for all financial and accounting matters encompassing planning and forecasting, management reporting, internal control, accounting, cash, and tax management for the Serviced Residence Property.- Job Requirement
- 1. Financial Management and Reporting: Oversee all aspects of financial management, including budgeting, forecasting, cash flow management, and preparing accurate financial statements and reports in compliance with local and international accounting standards.- 2. Tax and Compliance Knowledge: Ensure the hotel complies with KSA tax regulations, legal requirements, and corporate policies. Manage audits and compliance processes effectively.- 3. Cost Control and Profitability: Implement cost-saving measures, manage operating expenses, and improve profitability through financial analysis, risk assessment, and strategic decision-making.- 4. Experience in Hospitality Finance: At least 8 years of experience in financial management, preferably in the hospitality industry. Familiarity with industry-specific financial software and multi-currency transactions.- 5. Degree in Accounting or Finance: A bachelor’s degree in Accounting, Finance, or a related field is required.- 6. Financial Software Proficiency: Strong skills in financial management software, ERP systems, and advanced Excel are essential for tracking hotel performance and producing accurate financial reports.
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