Assistant Director of Finance

Job description

About the employer and Raffles Hotel Jeddah the employer is seeking an Assistant Director of Finance - Saudi National to join the team at Raffles Hotel Jeddah. Located adjacent to a residential tower, Raffles Hotel Jeddah offers world-class luxury and service. The hotel maintains the high standards and elegance characteristic of the Raffles brand, complementing the charm of Jeddah. Role Summary This full-time role involves supporting the Director of Finance in overseeing the hotel’s financial and accounting operations. The Assistant Director of Finance will be responsible for financial reporting, compliance, and team supervision, ensuring accurate and timely financial management. Key Responsibilities Support the Director of Finance in overseeing daily 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 processes, ensuring 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, highlighting 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 management, training, and development. Support recruitment, onboarding, performance management, and development of Finance team members. Work closely with operational departments, providing financial guidance and controls. Act as a key support to the Director of Finance and assume departmental responsibilities when required. Qualifications and Experience Candidates must be Saudi Nationals. A minimum of 5-10 years of relevant experience is required for this role. Work Environment This is a full-time position based in Jeddah, offering an opportunity to contribute to a luxury hospitality environment

Requirements

• Act as a key support to the Director of Finance and assume departmental responsibilities when required.
• Qualifications and Experience Candidates must be Saudi Nationals.
• A minimum of 5-10 years of relevant experience is required for this role.

Skills