Director of Finance – 5★ Hotel
Cornerstone Global Partners MENA · Al Khobar
Job description
About the role
The Director of Finance leads all accounting and financial functions for a 5‑star hotel, providing strategic financial support and advice to the General Manager and hotel team. The role focuses on maximizing value through robust reporting, budgeting, and compliance.
Key responsibilities
- Prepare and present monthly financial statements, balance‑sheet reconciliations and cash‑flow statements for ownership and management.
- Develop and deliver the annual operating budget and a 5‑year financial plan.
- Analyse financial performance, identify profit‑margin improvement opportunities and advise on capital‑planning using NPV and ROI calculations.
- Oversee accounts payable, accounts receivable, credit‑card reconciliations and working‑capital efficiency.
- Establish, audit and enforce internal financial controls, purchasing practices, tax compliance and GDPR compliance.
- Lead, coach and evaluate the accounting team, ensuring adherence to hotel standards and legal requirements.
Required profile
- Extensive experience in finance and accounting, preferably within the hospitality sector.
- Proven ability to produce accurate financial reports, budgets and long‑term plans.
- Strong knowledge of internal controls, tax regulations and GDPR requirements.
- Leadership experience in managing and developing finance teams.
Required skills
- Financial reporting and analysis
- Budgeting and cash‑flow management
- Accounts payable/receivable
- NPV and ROI calculations
- Tax compliance
- GDPR compliance
What we offer
- Opportunity to influence financial strategy of a luxury hotel.
- Leadership role with a high‑visibility impact on profitability.
- Collaborative environment with senior management.
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Published 1 week ago
Expires 1 month from now
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Cornerstone Global Partners MENA
Al Khobar