Assistant Director of Finance ''Saudi National Only''

About the Role

Luxury Collection is seeking an Assistant Director of Finance to join their team in Jeddah. This full-time position is open to Saudi Nationals only and requires 2-5 years of relevant experience. The Assistant Director of Finance will be responsible for managing the daily operations of the Accounting Office, focusing on financial analysis, reporting, and control.

Key Responsibilities

• Manage the day-to-day operations of the Accounting Office.
• Conduct financial analysis and prepare financial reports.
• Oversee budgeting and forecasting processes.
• Manage audit and control procedures, including internal, external, and regulatory audits.
• Perform asset and liability reconciliation.
• Control working capital and cash flow.
• Ensure the accuracy of the Profit & Loss statement, including proper cost matching to revenue and correct account recording.
• Reconcile the balance sheet.
• Ensure current and proper tax rates are used for sales/use tax, and amounts are collected or accrued correctly.
• Ensure compliance with standard and local operating procedures (SOPs and LSOPs).
• Verify that account balances are supported by appropriate documentation in accordance with SOPs.
• Review audit issues and implement necessary corrections.
• Ensure property permits, licenses, and vendor contracts (if applicable) are current.
• Utilize centralized accounting processes and shared services.

Leadership and Team Management

• Lead, influence, and encourage team members through effective interpersonal and communication skills.
• Advocate for sound financial and business decision-making, demonstrating honesty and integrity.
• Ensure regular communication with employees regarding business objectives, expectations, and performance recognition.
• Foster teamwork and encourage work/life balance within the team.
• Establish and maintain open, collaborative relationships with employees.
• Participate in the employee performance appraisal process, providing feedback as required.
• Ensure disciplinary procedures and documentation adhere to SOPs and LSOPs, supporting the Peer Review Process.
• Administer property policies fairly and consistently.
• Maintain an "open door" policy and solicit employee feedback.

Required Skills and Experience

• 2-5 years of experience in finance or accounting roles.
• Ability to generate accurate and timely financial reports and presentations.
• Strong analytical skills to evaluate information, choose optimal solutions, and solve problems.
• Proficiency in compiling, coding, categorizing, calculating, tabulating, auditing, and verifying financial data.
• Demonstrated leadership capabilities and ability to manage a team effectively.
• Excellent communication and interpersonal skills.

Eligibility

This position is exclusively for Saudi Nationals Only.

Work Environment

This is a full-time position based in Jeddah, offering a professional environment within the Luxury Collection brand.