Cluster Director of Finance

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

Job summary

A premium hotel in Riyadh is seeking a Financial Manager to lead financial reporting, budgeting, and compliance efforts. The ideal candidate will manage the financial operations across multiple properties, ensure adherence to policies, and provide analytical insights. Applicants should hold a Bachelor's Degree in Finance or Accounting, with preferred certification like CPA or ACCA. Strong stakeholder management and ability to work under pressure are essential for this role.

Qualifications

• Bachelor’s Degree in a relevant field.
• Professional certification is highly preferred.
• Ability to manage operations across multiple properties.

Responsibilities

• Lead financial management and budgeting for the cluster.
• Provide analytical support to improve operational performance.
• Ensure compliance with financial policies and local laws.

Skills

Financial analysis

Cost control

Stakeholder management

Strategic planning

Education

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

Professional certification (CPA / ACCA / CMA / CA)

Job description

Company 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

1. Financial Management & Reporting

• Lead the preparation and management of annual budgets, forecasts, and long‑term financial plans for the cluster.
• Ensure accurate and timely preparation of:
  • Monthly financial statements
  • Management reports
  • Owner and corporate reports
• Analyze financial performance and provide clear insights, variance analysis, and recommendations to management.

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
  • General Ledger
  • 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.

5. Leadership & Team Management

• 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
• Government authorities
• 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.
• Strong stakeholder management skills (owners, auditors, banks, government entities).
• Capability to work under pressure and meet strict reporting deadlines.