Assistant Director of Finance

Job description

Located adjacent to the residential tower, Raffles Hotel Jeddah combines expert service and world‑class luxury. The Assistant Director of Finance supports the Director of Finance in overseeing day‑to‑day finance and accounting operations. Prepares monthly financial statements, management reports, P&L analysis and performance reports. Supports month‑end and year‑end closing to ensure accurate and timely reporting. Reviews balance‑sheet reconciliations, journal entries, accruals, provisions and accounting transactions. Assists budgeting, forecasting, cash‑flow monitoring and variance analysis. Ensures compliance with hotel financial policies, internal controls, SOPs and accounting standards. Monitors revenue, expenses, costs and departmental financial performance, highlighting major variances or risks. Supports payroll review for accurate recording and reconciliation. Assists with internal and external audits and related documentation. Ensures compliance with Saudi financial and tax requirements, including VAT and ZATCA. Supervises and supports the Finance team in workload, training and development. Supports recruitment, onboarding, performance management and development of Finance team members. Works closely with operational departments to provide financial guidance and controls. Acts as key support to the Director of Finance and assumes departmental responsibilities when required.

Requirements

• Saudi national
• Bachelor's degree in Accounting, Finance or related field
• SOCPA membership/certification preferred
• CPA, CMA or equivalent advantage
• 5–10 years progressive experience in Finance/Accounting, preferably hospitality
• luxury hotel experience 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
• experience with hotel systems such as SUN, Opera, Micros or similar preferred
• advanced Excel and financial reporting skills
• strong analytical, organizational and problem‑solving skills
• strong communication and interpersonal skills to work with operations and senior management
• ability to lead, coach and develop Finance team
• high level of accuracy, integrity, confidentiality and attention to detail

Skills