Assistant Chief Accountant

Malmaison; Saudi Arabia; On-site; SAR 120,000 - 150,000; Full time

Job summary

A luxury hotel chain in Riyadh is seeking an experienced Assistant Chief Accountant to manage all hotel accounting and financial controls. The role requires a degree in Accountancy and CPA completion, along with a minimum of 5 years of senior management experience in hotel finance. The ideal candidate will have excellent communication skills, knowledge of UAE financial laws, and experience with ACCPAC and SAP. A competitive salary and benefits are offered. Saudi nationals are preferred.

Benefits

Competitive salary

Benefits package

Qualifications

• Minimum 5 years of experience in a hotel finance department at senior management level.
• Knowledge of UAE financial regulations and laws.
• Ethical, honest, and possessing integrity.

Responsibilities

• Verify daily banking and check cash flow to meet business requirements.
• Maintain general ledger and help prepare financial budget.
• Assist finance team to achieve departmental goals.

Skills

ACCPAC

SAP

Microsoft applications (Word, Excel, PowerPoint)

HIS Epitome

writing and oral English communication

Education

Degree in Accountancy

Completion of CPA

Job description

About the Role

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. A true global brand with a friendly feel, our staff are connected through our shared vision and four core values, collaborative, real, respectful, and progressive. Passionate about promoting from within, our culture is one which is fostered by the continual learning and development needs of our staff.

Responsible for all Hotel Accounting and Financial Controls as outlined in Fraser Suites Riyadh’s accounting standards manual. Administer and manage the general accounting activities and the preparation of reports and statistics reflecting earnings, profits, cash balances and other financial results.

What you’ll be doing as an Assistant Chief Accountant

Accounting

• Verify daily banking from duplicate of bank receipt to the General Cashier reports.
• Check the daily cash flow to ensure the efficient use of capital to meet business requirements; check General Cashier report.
• Follow up on delays in realizing deposit, and return checks; assist Finance Manager to carry out monthly reconciliation of all hotel bank accounts.
• Maintain general ledger, starting from posting, adjusting, and printing; and also maintain the adequate accounting records based on Uniform System of Accounts.
• Reconcile all Balance Sheet accounts monthly.
• Lead an accounting team in the absence of Finance Manager.
• Maintain daily documentation for audit purpose.
• Assist in preparation of the financial budget for Fraser Suites Riyadh.
• Assist in managing fixed asset register and implement measures to control the movement and/or disposal of assets.

Purchasing

• Control custody, usage, routing and authorization of purchase orders, including numerical control.
• Prepare price comparison and select surveyors, including ongoing programs of comparative shopping in terms of location, price, quality, consistency of supplies, including delivery time.
• Search for alternative suppliers and perform market surveys to be aware of market conditions.
• Delegate assignment to and supervise subordinates.
• Follow up with suppliers on delivery time; and complaints/comments from the department as user.

Human Capital

• Assist finance team to achieve individual and department goals and targets.
• Cooperate with and assist external auditors as required.
• Conduct ongoing performance appraisal reviews in line with company guidelines for all direct reports.
• Assist in completion of timesheets and requests for personal leave for all direct reports are managed in accordance with company policies and procedures.

What We’re Looking For

• Formal qualifications at tertiary level to degree standard in accountancy and completion of CPA.
• Prior experience (minimum 5 years) within a hotel finance department senior management level.
• Knowledge of UAE financial regulations and laws.

• Competency in ACCPAC, SAP, HIS Epitome, Microsoft applications (Word, Excel, PowerPoint), Vingcard and related hospitality proprietary software packages.
• Excellent oral and written English communication skills.
• Multi‑task and work under time constraints with minimal supervision.
• Ethical, honest and possessing integrity.
• Ability to work to deadlines.
• Able to identify and implement new business practices and processes.
• Strong organisational and work‑coordinating skills to handle multiple assignments and projects.
• Adaptable to change.