Assistant Chief Accountant

Frasers Hospitality; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A global hospitality leader is seeking an experienced Assistant Chief Accountant for their Fraser Suites in Riyadh. The role involves managing hotel accounting, overseeing financial controls, and preparing financial reports. Ideal candidates have a degree in accountancy, CPA certification, and a minimum of 5 years in hotel finance. Excellent English skills and adaptability are essential for this position. Competitive salary and benefits offered.

Benefits

Competitive salary & benefits

Qualifications

• Minimum 5 years of senior management experience in hotel finance.
• Knowledge of UAE financial regulations.
• Ability to multitask and work under time constraints.

Responsibilities

• Oversee accounting functions and manage daily banking.
• Prepare financial reports for Fraser Suites Riyadh.
• Lead the accounting team in the absence of the Finance Manager.

Skills

Accountancy knowledge

Financial regulation knowledge

Excellent English communication

Proficiency in hospitality software

Organizational skills

Education

Degree in accountancy

CPA certification

Tools

ACCPAC

SAP

Microsoft Office

Job description

Role : Assistant Chief Accountant (Hotel)

Salary : Competitive Salary & Benefits

Location : Fraser Suites – Riyadh

Preferred to be Saudi National

Frasers Hospitality, a member of Frasers Property Group, is a global hospitality leader. As the world’s leading brand in serviced apartments and hotel residences, we deliver gold standard hospitality in cities across Asia, Australia, Europe, the Middle East and Africa. Our staff are connected through a shared vision and four core values: collaborative, real, respectful, and progressive. We foster a culture of continual learning and development, promoting from within.

Responsible for all hotel accounting and financial controls as outlined in Fraser Suites Riyadh’s accounting standards manual. Administer and manage general accounting activities, and prepare reports and statistics reflecting earnings, profits, cash balances, and other financial results.

What you’ll be doing as an Assistant Chief Accountant :

• Oversee accounting functions and verify daily banking against bank receipts and General Cashier reports.
• Check daily cash flow to ensure efficient capital use and meet business requirements; review General Cashier reports.
• Follow up on deposit delays and returned checks; assist in monthly reconciliation of all hotel bank accounts.
• Maintain the general ledger, including posting, adjusting, and printing; ensure proper accounting records based on the Uniform System of Accounts.
• Reconcile all Balance Sheet accounts monthly.
• Lead the accounting team in the absence of the Finance Manager.
• Maintain documentation for audit purposes.
• Assist in preparing the financial budget for Fraser Suites Riyadh.
• Manage the fixed asset register and implement controls over asset movement and disposal.

Purchasing:

• Control custody, usage, routing, and authorization of purchase orders, including numerical control.
• Prepare price comparisons and select suppliers, conducting ongoing market surveys for location, price, quality, and delivery time.
• Search for alternative suppliers and stay informed about market conditions.
• Delegate assignments and supervise subordinates.
• Follow up with suppliers on delivery times and address department complaints or comments.

Human Capital:

• Assist the finance team in achieving individual and departmental goals.
• Coordinate with external auditors as required.
• Conduct performance appraisals for direct reports according to company guidelines.
• Manage timesheets and leave requests in accordance with company policies.

What we’re looking for :

• Degree in accountancy and CPA certification.
• Minimum 5 years of senior management experience in hotel finance, with knowledge of UAE financial regulations.
• Proficiency in ACCPAC, SAP, HIS Epitome, Microsoft Office, Vingcard, and related hospitality software.
• Excellent English communication skills, both oral and written.
• Ability to multitask, work under time constraints, and independently.
• High ethical standards, honesty, and integrity.
• Ability to meet deadlines and implement new business practices.
• Strong organizational and coordination skills to manage multiple projects.
• Adaptability to change.