Cluster Director of Finance (KSA)

We are looking for an experienced Cluster Director of Finance, for our 2 newly acquired hotels located in Madinah, Saudi.

The successful candidate will bring around 12-15 years of progressive experience in finance in the hospitality industry with international brands, and be an Arabic speaker. 

A previous experience in Saudi would be a plus.

Key Responsibilities Include:

• Develop and execute the hotel's financial strategy, aligning it with company objectives
• Lead budgeting, forecasting, and financial planning efforts, ensuring financial goals are met
• Provide financial guidance and recommendations to the General Manager and senior management
• Prepare and analyze financial statements, identifying trends and variances
• Monitor financial performance, highlighting areas for improvement or cost-saving opportunities
• Maintain accurate and timely financial records, complying with regulatory requirements
• Collaborate with various departments to evaluate and optimize business processes
• Conduct feasibility studies and financial analysis for potential projects or investments
• Manage cash flow and liquidity, ensuring the availability of funds for operational needs
• Implement effective treasury and cash management practices
• Identify financial risks and implement risk mitigation strategies
• Ensure compliance with financial regulations, company policies, and industry standards
• Manage and develop a finance and business support team, fostering a culture of excellence. Lead by example, train and grow the team
• Implement cost-control measures while maintaining quality and service standards
• Oversee procurement processes, negotiating vendor contracts and optimizing supplier relationships

Due to the high volume of application received, only shortlisted candidates will be notified.