Accountant

1 week ago

Jeddah, Saudi Arabia DIMENSIONS Full time

ob Summary The Accountant is responsible for managing financial records, ensuring accurate reporting, and maintaining compliance with accounting standards within the hospitality environment. This role supports hotel/restaurant operations by controlling costs, managing revenues, and providing timely financial information to management. Key Responsibilities Financial Accounting & Reporting Maintain accurate books of accounts, including general ledger, accounts payable, and accounts receivable Prepare monthly, quarterly, and annual financial statements Reconcile bank statements, credit cards, and petty cash Ensure compliance with accounting standards and company policies Hospitality-Specific Accounting Monitor daily revenue reports (rooms, F&B, events, POS systems) Reconcile POS, PMS, and night audit reports Track occupancy, average daily rate (ADR), and revenue per available room (RevPAR) Control food & beverage costs and inventory variances Budgeting & Cost Control Assist in preparing budgets and forecasts Monitor departmental expenses and highlight variances Implement cost control measures to improve profitability Taxation & Compliance Prepare and file VAT / sales tax returns as per local regulations Ensure timely statutory payments and compliance Support external and internal audits Payroll & Administration Process payroll and related accounting entries Maintain employee records related to salaries, benefits, and deductions Coordinate with HR for payroll and staff-related financial matters Liaison & Support Coordinate with banks, auditors, suppliers, and government authorities Provide financial analysis and reports to management Support management in financial decision-making Qualifications & Requirements Bachelors degree in Accounting, Finance, or a related field Minimum [2–5] years of accounting experience, preferably in hospitality Knowledge of hospitality accounting systems (e.g., Opera, SunSystems, Micros, SAP, QuickBooks) Strong knowledge of VAT / taxation (as applicable) Proficiency in MS Excel and accounting software Skills & Competencies Strong analytical and numerical skills Attention to detail and accuracy Ability to meet deadlines in a fast-paced environment Good communication and coordination skills High level of integrity and confidentiality Preferred Experience Experience in hotels, resorts, restaurants, or catering companies Familiarity with POS and property management systems Prior audit or cost control experience

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