In Saudi: Director of Finance at Jumeirah Hotels & Resorts

Jumeirah Hotels & Resorts is offering job opportunity as Director of Finance. The main purpose of this role is to be responsible of the accounting and the financial requirements of the The Jabal Omar Jumeirah Makkah Hotel.

About the Benefits:

• Salary
• Housing
• Flight tickets
• Medical and dental coverage
• Life and accident insurance
• Retail and leisure discounts
• 50% discount off Jumeirah F&B Outlets
• Reduced hotel rates.

Financial and Management Accounting Responsibilities:

• Managing the accounting records, financial reports and oversee the issuance of SBUs financial reporting.
• To ensure that the books, records and accounts are maintained accurately and fairly reflect the transactions and administration of the assets of the hotel.
• Ensure all balance sheet accounts are fully reconciled on a monthly basis and discrepancies are immediately identified and corrected.
• To oversee the Finance and Accounting department in the hotel, and ensure its smooth running so that all financial and management reports are accurate and available by their due dates.
• Establish and recommend to management major financial objectives for hotel.

Strategic Planning and Business Support:

• Develops SBU finance strategies by contributing financial and accounting information, analysis, and recommendations to strategic direction
• Prepare a 5 year capital budget plan and 5 year operation projections.
• Prepare and present return on investment evaluation for capital development projects when needed.
• Maximizes return on invested funds by identifying investment opportunities; maintaining relationships with asset management.

Communication and relationship:

• Establish a professional and strong relationship with owner and asset managers.
• Report monthly to regional, corporate and asset management group on the property financial performance.
• Work closely with the General Manager and Executive committee of the property and act as a business advisor and risk advocate.
• Work closely with regional team and corporate on any specific requirement.
• Provide training in hotels to enhance the financial skills of the Management Team as a whole. 
• Work on special assignment set by regional or corporate team and meet specific deadline set by the group.

Risk, Audit and Compliance responsibilities:

• Ensure compliance with company finance directives and delegation of authority.
• Ensure that the company complies with all legal and local regulatory requirements
• Comply with the company’s ethic code of conduct and report any variation. 
• Coordinate with government authorities for tax compliance.
• Monitor any legal issues involving the property and report to owner and corporate office accordingly.
• Maintain relations with external auditors and investigate their findings and recommendations.
• To review and certify any hotel internal or external financial reporting before distribution.
• Conduct monthly performance reviews with HODs and establish a combined action plan.

• You must be currently working in Saudi Arabia and have a transferrable work visa.
• Someone holding at least a Bachelor’s degree in Commerce / Business / Accounting or Professional accreditation e.g. ACA, ACCA, CPA, CIMA, CMA.
• Minimum of 4 years experience in a similar role in a 5* luxury brands in Kingdom of Saudi Arabia.
• Proficiency in computer software systems such as MS Office
• knowledge of Opera, Micros, Sun, and Hyperion is essential
• Excellent communication skills in written and spoken English.

About Jumeirah Hotels and Resorts:

Jumeirah Hotels and Resorts is an Emirati state-owned luxury hotel chain. The Jumeirah Group was created in 1997 and became part of the Dubai Holding in 2004, which is Sheikh Mohammed bin Rashid al-Maktoum's personal corporate portfolio.

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