Assistant Director of Finance – Saudi National

Company Description

Located adjacent to the residential tower, expert service and world-class luxury combine in the Raffles Hotel Jeddah, which is ready to welcome you and your guests at any moment. Here, the high standards, special touches, and trademark elegance of the Raffles brand are the ultimate compliment to the charm and beauty of a stay in Jeddah.

Job Description

• - Support the Director of Finance in overseeing the hotel’s day-to-day finance and accounting operations.
  - Prepare and review monthly financial statements, management reports, P&L analysis, and performance reports.
  - Support month-end and year-end closing and ensure accurate and timely financial reporting.
  
  - Review balance sheet reconciliations, journal entries, accruals, provisions, and accounting transactions.
  - Support budgeting, forecasting, cash-flow monitoring, and variance analysis.
  - Ensure compliance with hotel financial policies, internal controls, SOPs, and accounting standards.
  - Monitor revenue, expenses, costs, and departmental financial performance and highlight any major variances or risks.
  - Support payroll review and ensure accurate recording and reconciliation.
  - Assist with internal and external audits and related documentation.
  - Ensure compliance with Saudi financial and tax requirements, including VAT and ZATCA.
  - Supervise and support the Finance team, including workload, training, and development.
  - Support recruitment, onboarding, performance management, and development of Finance team members.
  - Work closely with operational departments and provide financial guidance and controls.
  - Act as a key support to the Director of Finance and assume departmental responsibilities when required.

Qualifications

• Qualifications
  - Saudi National.
  - Bachelor’s degree in Accounting, Finance, or a related field.
  - SOCPA membership/certification preferred; CPA, CMA, or equivalent is an advantage.
  - 5–10 years of progressive experience in Finance/Accounting, preferably within hospitality.
  - Luxury hotel experience is highly preferred.
  - Strong knowledge of accounting principles, financial reporting, budgeting, forecasting, P&L, reconciliations, and internal controls.
  - Good knowledge of Saudi VAT, ZATCA, and local financial compliance requirements.
  - Experience with hotel systems such as SUN, Opera, Micros, or similar is preferred.
  - Advanced Excel and financial reporting skills.
  - Strong analytical, organizational, and problem-solving skills.
  - Strong communication and interpersonal skills with the ability to work with operations and senior management.
  - Ability to lead, coach, and develop the Finance team.
  - High level of accuracy, integrity, confidentiality, and attention to detail.

Additional Information

• Being a Raffles employee means embodying and conveying the brand and the company mindset through our Heartiest service culture.