Cluster Director of Finance

AccorHotel; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading hotel chain in Riyadh is seeking a Finance Manager to oversee financial operations, lead budgeting, and ensure compliance with regulations. The ideal candidate will have a Bachelor's degree in finance or accounting and relevant professional certifications. Responsibilities include preparing financial statements, advising on operational performance, and supporting strategic planning initiatives. This position requires strong analytical skills and the ability to manage multiple properties effectively.

Qualifications

• Bachelor’s degree in finance or accounting.
• Professional certification (CPA, ACCA, CMA, CA) is preferred.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Lead annual budgets, forecasts, and long-term financial plans.
• Prepare accurate monthly financial statements and management reports.
• Act as a financial advisor to improve operational performance.
• Ensure compliance with financial policies and local regulations.
• Oversee all accounting activities and maintain internal controls.
• Support strategic planning and business development initiatives.

Skills

Financial reporting

Analytical support

Cost control measures

Strategic planning

Stakeholder relations

Education

Bachelor’s Degree in Finance, Accounting, Business Administration or related field

Professional certification (CPA / ACCA / CMA / CA)

Job description

Novotel Al Anoud, part of Accor Group, is a premium hotel in Riyadh that offers world-class hospitality services. We strive to create a memorable guest experience by combining innovation, comfort, and exceptional service. Join us and be part of a dynamic team driving digital transformation in hospitality

Job Description

Lead the preparation and management of annual budgets, forecasts, and long-term financial plans for the cluster.

1. Financial Reporting

Ensure accurate and timely preparation of:

• Monthly financial statements
• Management reports
• Owner and corporate reports

2. Operational & Business Support

Act as a financial advisor to department heads, providing analytical support to improve operational performance.

Monitor departmental costs and implement effective cost control measures without compromising service quality.

Support revenue optimization initiatives in collaboration with Revenue Management and Sales teams.

3. Compliance, Governance & Risk Management

Ensure full compliance with:

• Accor financial policies and procedures
• Local laws and regulations (ZATCA, Ministry of HR, Ministry of Tourism, etc.)

Maintain strong internal controls and conduct continuous audits of:

• Revenue
• Expenses
• Assets and inventories

Identify financial risks and implement mitigation strategies.

4. Accounting & Control

Oversee all accounting activities including:

• Accounts Receivable & Payable
• Fixed Assets
• Inventory controls

Ensure all financial records are maintained in accordance with the Uniform System of Accounts for Hotels.

Supervise receiving, storing, and issuing procedures to ensure compliance with approved controls.

Lead, coach, and develop the cluster finance team, fostering a culture of accountability and continuous improvement.

Ensure proper training and development of finance team members on systems, policies, and procedures.

Build strong collaboration with operational departments across both hotels.

6. Strategic Planning & Business Development

Support the Cluster General Manager in:

• Strategic planning
• Feasibility studies
• Business cases and investment evaluations

Assess financial implications of new initiatives, renovations, or operational changes.

Support ownership and Accor in evaluating long-term value creation opportunities.

7. Stakeholder & External Relations

Maintain strong relationships with:

• Owners
• Banks and financial institutions

Coordinate with external auditors, tax consultants, and regulatory bodies.

Act as the main financial point of contact for ownership and corporate finance.

Additional Duties

Ensure the safekeeping and proper use of all financial systems and equipment.

Perform any other related duties as assigned by management in line with the role.

Qualifications

Bachelor’s Degree in Finance, Accounting, Business Administration or related field

Professional certification is highly preferred, such as:

• CPA / ACCA / CMA / CA

Additional Information

Other Requirements

Ability to manage cluster operations across multiple properties

Capability to work under pressure and meet strict reporting deadlines