Dir Finance & Accounting

About the Role

The Ritz-Carlton Hotel Company, * is seeking a Dir Finance & Accounting for a contract position in Riyadh, Saudi Arabia, covering the Riyadh and Ad Dir'iyah areas. This role functions as the property’s strategic financial business leader, responsible for championing, developing, and implementing property-wide strategies to deliver products and services that meet or exceed brand expectations.

Key Responsibilities

• Develop and implement strategies to improve profit, including cost/benefit analysis and exploring new business opportunities.
• Analyze financial data, forecast sales against expenses, and create annual budget plans.
• Monitor actual sales against projected sales and analyze variances in budget wages for efficient planning.
• Lead the development and implementation of a comprehensive annual business plan aligned with company and brand strategy.
• Provide ongoing analytical support by monitoring operating department sales and producing accurate forecasts.
• Implement and maintain appropriate controls to manage business risks and ensure a strong accounting and operational control environment.
• Oversee internal, external, and regulatory audit processes.
• Advise the General Manager and executive committee on existing and evolving operating/financial issues.
• Manage property working capital and cash flow in accordance with brand SOPs and owner requirements.
• Ensure accurate documentation of Profits and Losses and timely submission of reports.
• Ensure compliance with management contracts, reporting requirements, and standard operating procedures (SOPs and LSOPs).

Leadership and Team Management

• Lead, influence, and encourage teams through strong interpersonal and communication skills, advocating sound financial decision-making.
• Communicate strategic goals, focus, and owner priorities clearly to subordinates.
• Provide leadership by assigning clear accountability and appropriate authority to team members and other department managers.
• Conduct annual performance appraisals with direct reports according to Standard Operating Procedures.
• Ensure team members are cross-trained and receive appropriate new hire training and development plans.
• Participate in hiring activities as appropriate and ensure property policies are administered fairly and consistently.

Stakeholder Engagement

• Attend meetings and communicate with owners to understand priorities and strategic focus.
• Understand and meet the needs of key stakeholders, including owners, corporate, and guests.
• Communicate financial concepts clearly and persuasively to drive desired behaviors.
• Demonstrate an understanding of cash flow and owner priorities.
• Facilitate critique meetings to review information with the management team.

Qualifications and Experience

• Candidates should possess 5-10 years of relevant experience.
• Demonstrated financial expertise to enable successful implementation of brand service strategy and initiatives.
• Ability to think creatively and practically to develop, execute, and implement new business plans.
• Strong analytical skills to identify underlying principles, reasons, or facts from data.

Work Type

This is a contract position based in Riyadh, Saudi Arabia.