Assistant Financial Controller - BAAN Holding | بانالقابضة

Qureos Inc; Al Khobar; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading hospitality management firm in Al Khobar, Saudi Arabia, is looking for an Assistant Financial Controller to support financial operations, manage reporting and compliance, and assist with budget preparation. The ideal candidate holds a Bachelor's degree in finance or a related field and has at least 3 years of experience in the finance sector, preferably within hospitality. Strong analytical and communication skills are essential for success in this role.

Qualifications

• Minimum of 3 years of experience in finance or accounting, preferably in the hotel or hospitality sector.

Responsibilities

• Assist in managing the hotel’s financial operations.
• Help establish and maintain strong internal controls.
• Collaborate with finance staff and other departments.
• Assist in the preparation of annual budgets and forecasts.
• Support the coordination of internal and external audit processes.
• Conduct financial analyses to identify trends and variances.
• Recommend improvements to enhance financial performance.

Skills

Analytical Skills

Attention to Detail

Communication

Teamwork

Organizational Skills

Education

Bachelor’s degree in finance, accounting, business administration, or a related field

Master’s degree or MBA

Certified Public Accountant (CPA) or equivalent certification

Tools

Financial management software

Microsoft Excel

Job description

The Assistant Financial Controller supports the Financial Controller in overseeing the financial operations of the hotel. This role involves assisting with financial reporting, budgeting, forecasting, and compliance to ensure the financial integrity of the establishment. The Assistant Financial Controller works closely with various departments to provide financial insights and support strategic initiatives.

Key Responsibilities

• Financial Support : Assist in managing the hotel’s financial operations, ensuring accurate financial reporting and adherence to company policies and industry regulations.
• Internal Controls : Help establish and maintain strong internal controls to safeguard hotel assets and ensure compliance with financial regulations.
• Team Collaboration : Collaborate with finance staff and other departments to facilitate effective communication and financial reporting.
• Budget Preparation : Assist in the preparation of annual budgets and forecasts, providing necessary data and insights.
• Audit Assistance : Support the coordination of internal and external audit processes, ensuring compliance with relevant accounting standards.
• Financial Analysis : Conduct financial analyses to identify trends and variances, providing insights and recommendations to the Financial Controller.
• Process Improvement : Stay informed about industry trends and best practices, recommending improvements to enhance financial performance and reporting.

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or a related field.
• Master’s degree or MBA preferred.
• Certified Public Accountant (CPA) or equivalent certification is a plus.
• Minimum of 3 years of experience in finance or accounting, preferably in the hotel or hospitality sector.
• Proficiency in financial management software and accounting systems.
• Strong Microsoft Excel skills for financial analysis and reporting.

Core Skills

• Analytical Skills : Strong analytical skills to interpret financial data and provide actionable insights.
• Attention to Detail : High level of accuracy and attention to detail in financial reporting and analysis.
• Communication : Excellent written and verbal communication skills, capable of presenting financial information clearly.
• Teamwork : Ability to work collaboratively with cross-functional teams and support senior management.
• Organizational Skills : Exceptional organizational skills to manage multiple priorities and deadlines effectively.

Key Result Areas (KRAs)

• Financial Performance : Contribute to the financial health and profitability of the hotel through effective support and oversight.
• Timely Reporting : Assist in providing accurate and timely financial reports to the Financial Controller.
• Budget Compliance : Help achieve budgetary goals while maintaining compliance with established financial policies.
• Team Development : Support the development of a high-performing finance team through collaboration and mentorship.
• Process Improvement : Identify and assist in implementing improvements to financial processes and systems to enhance efficiency.