Chief Accountant
Grand Hyatt The Red Sea · Tabuk Province
Job description
About the role
The Chief Accountant will support the Director of Finance in overseeing all accounting and finance functions for a luxury hotel property. This senior position ensures accurate financial reporting, controls, and compliance with accounting standards.
Key responsibilities
- Prepare financial statements, accruals, journal entries and maintain balance‑sheet reconciliations in line with GAAP.
- Assist the Director of Finance with forecasts, budgets and monthly close‑down activities.
- Oversee payroll processing and ensure timely payment of staff.
- Manage cash flow, daily cash position and safeguard company assets.
- Conduct detailed reconciliations of balance‑sheet control accounts and produce month‑end reconciliation packs.
- Implement and monitor accounting SOP audits across all hotel departments.
- Review and approve credit‑card allowances and unmatched credit reports.
- Maintain capital‑expenditure tracking and ensure compliance with internal controls.
- Monitor expense reporting, address material variances and support profitability initiatives.
Required profile
- Proven experience preparing financial statements and journal entries.
- Strong knowledge of generally accepted accounting principles (GAAP).
- Experience with budgeting, forecasting and month‑end close processes.
- Ability to manage payroll and cash‑flow functions.
- Detail‑oriented with strong reconciliation skills.
Required skills
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Published 1 month ago
Expires 2 weeks from now
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Grand Hyatt The Red Sea
Tabuk Province
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