Director Finance - Jumeirah The Red Sea

Jumeirah; Saudi Arabia; On-site; SAR 450,000 - 700,000; Full time

Benefits offered by this job

Inclusive work environment

Learning & development programs

Internal mobility within global网络

Colleague discounts on stays

Healthcare and insurance benefits

Locally competitive salary and bonus

Site-specific benefits

Job summary

Jumeirah The Red Sea seeks a Director of Finance to lead the financial function for the property, ensuring accurate records, compliant reporting, and robust cash management. The role oversees budgeting, forecasting, and strategic financial planning while directing the Finance and Accounting team.

The ideal candidate will bring 10+ years in luxury hospitality finance, proven leadership, stakeholder management, and a track record of enhancing financial performance and internal controls.

Qualifications

• Bachelor’s degree in Commerce, Business, Accounting or equivalents.
• ACA/ACCA/CPA/CIMA/CMA professional accreditation.
• Minimum 10 years’ experience in a similar role in 5-star luxury brands.
• Demonstrated expertise in financial management, budgeting, forecasting, reporting, risk management and internal controls.

Responsibilities

• Maintain financial records, ensure compliance with accounting standards and regulatory requirements; prepare and review financial statements.
• Manage cash flows, forecast cash needs and oversee reconciliations of balance sheet accounts.

Skills

Leadership

Financial management

Budgeting

Forecasting

Financial reporting

Risk management

Internal controls

Stakeholder management

Education

Bachelor’s degree in Commerce/Business/Accounting

Professional accreditation (ACA/ACCA/CPA/CIMA/CMA)

Job description

About Jumeirah

Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, operates an exceptional portfolio of 29 properties across 11 countries in the Middle East, Europe, and Asia. In 1999, Jumeirah changed the face of luxury hospitality with the opening of the iconic Jumeirah Burj Al Arab and the brand is now renowned worldwide for its distinguished beachfront resorts, esteemed city hotels and exclusive residences. From the contemporary Maldivian island paradise at Jumeirah Olhahali Island to the art-inspired Jumeirah Capri Palace in Italy and the modern twist on a British classic at Jumeirah Carlton Tower in London, the brand has become synonymous with warm and generous service and the ability to craft distinctive and purposeful experiences that bring joy to guests from across the world.

About the Job

An exciting opportunity has arisen for a Director of Finance at Jumeirah The Red Sea.

The main duties and responsibilities of this role include:

• Ensure accurate maintenance of financial records, compliance with accounting standards, and adherence to legal and regulatory requirements, including preparation and review of financial statements.


• Establish robust cash management controls, prepare cash flow forecasts, and oversee reconciliations of balance sheet accounts to ensure accuracy and identify discrepancies.


• Supervise the Finance and Accounting department, ensuring smooth operations and timely delivery of financial reports, while also providing training and development opportunities to enhance team skills.


• Direct the preparation of annual budgets and monthly forecasts, establish major financial objectives and policies, and conduct analysis to minimize variances and maximize return on investment.


• Contribute financial insights and recommendations to strategic planning processes, establish functional objectives aligned with organizational goals, and prepare long-term capital and operational projections.


• Maintain professional relationships with stakeholders such as owners, asset managers, and corporate teams, reporting on financial performance, acting as a business advisor, and addressing specific requirements.

About You

The ideal candidate for this position will have the following experience and qualifications:

• Bachelor’s degree in Commerce, Business, Accounting or Professional accreditation e.g. ACA, ACCA, CPA, CIMA, CMA.


• Minimum 10 years’ experience in a similar role in 5-star luxury brands


• Demonstrate strong expertise in financial management, budgeting, forecasting, financial reporting, risk management, and internal controls.


• Possess strong leadership capabilities with the ability to develop teams and build effective relationships with key internal and external stakeholders

About the Benefits

At Jumeirah, we are dedicated to fostering a workplace where colleagues feel valued, supported, and inspired to grow. Our benefits package reflects this commitment by combining rewarding financial incentives, comprehensive healthcare, and opportunities for professional development.

Benefits include:

• Supportive and inclusive work environment


• Access to Learning & Development programmes and clear career pathways


• Opportunities for internal mobility within our global network


• Colleague discounts on food, beverage, and hotel stays worldwide


• Health care and insurance benefits


• Locally competitive salary and incentive structure


• Locally relevant benefits as determined by the property