Financial Controller

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.

• In consultation with the General Manager and Director of Sales & Marketing, prepare the financial budget for Fraser Suites Riyadh and submit to Corporate Office and the Owner in the specified format.
• Implement measures to control operating expenses to achieve financial objectives.
• Forecast and manage cash flows to ensure the efficient use of capital to meet business requirements.
• Manage the fixed asset register and implement measures to control the movement and/or disposal of assets.
• Liaise with internal/external legal advisors, consultants, and regulatory authorities to ensure operational and legal compliance in all business dealings.
• Prepare and submit monthly financial and management reports on behalf of Fraser Suites Riyadh to Corporate Office and the Owner on a timely basis.
• Conduct detailed business forecast analysis.
• Ensure effective systems are implemented to manage accounts payable, accounts receivable, and payroll functions and the staff engaged to perform these duties.
• Preparation of the bank reconciliation on a daily and monthly basis.
• Maintain a continuous improvement regime to ensure best practice measures are employed in all finance department related procedures.

• Formal qualifications at tertiary level to degree standard in accountancy and completion of CPA Certified Public Accountant.
• Proven experience within a hotel finance department at management or senior management level.
• Knowledge of local financial regulations and laws.
• Updated knowledge of IFRS Accounting Standards.
• Competency in Sage 300, MICROS, Bayan, Infor HMS, Microsoft applications (Word, Excel, PowerPoint), Vingcard, and related hospitality proprietary software packages.
• Excellent oral and written communication skills.
• Strong organizational and work coordinating skills combined with an ability to handle multiple assignments and projects simultaneously.
• Professionally groomed.
• Able to work with minimal supervision.
• Ethical, honest, and possessing integrity.
• Ability to work to deadlines.
• Able to identify and implement new business practices and processes.