Dir Finance & Accounting📣 إعلان

About the Role

Sheraton Hotels & Resorts is seeking a Director of Finance & Accounting to join its team in Medina, Al-Madinah Al-Munawarah. This full-time position requires a strategic financial leader to drive property-wide initiatives and maximize return on investment.

Role Overview

The Director of Finance & Accounting serves as the property's strategic financial business leader. This role champions, develops, and implements strategies to deliver products and services that meet or exceed the expectations of the brand's target customers and employees. The position provides financial expertise to support the successful execution of brand service strategies and initiatives, while focusing on maximizing return on investment. A key responsibility is creating and executing a business plan aligned with the property and brand's strategic direction, with a focus on financial and accounting activities and achieving desirable financial results.

Key Responsibilities

• Develop strategies to improve profit, including cost-benefit analysis and exploration of new business opportunities.
• Analyze financial information, forecast sales against expenses, and create annual budget plans.
• Monitor actual sales against projected sales and analyze variances.
• Analyze wage forecasts against budget for more efficient planning.
• Identify underlying principles, reasons, or facts within data by breaking down information.
• Develop and implement new business plans creatively and practically.
• Create the annual operating budget for the property and provide analytical support during reviews to identify cost-saving and productivity opportunities.
• Implement appropriate controls to manage business risks and ensure a strong accounting and operational control environment to safeguard assets and improve operations.
• Analyze financial data and market trends, and 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 produce accurate forecasts.
• Utilize leadership and communication skills to influence others, advocate sound financial decisions, and lead by example.
• Communicate strategic goals and owner priorities clearly to subordinates.
• Oversee internal, external, and regulatory audit processes.
• Assign clear accountability and appropriate authority to team members and department managers.
• Conduct annual performance appraisals with direct reports.
• Attend meetings and communicate with owners to understand priorities and strategic focus.
• Advise the General Manager and executive committee on operating and financial issues.
• Communicate financial concepts clearly and persuasively.
• Manage property working capital and cash flow in accordance with brand SOPs and owner requirements.
• Facilitate critique meetings with the management team.
• Ensure accurate documentation of Profits and Losses and monitor applicable taxes.
• Submit reports in a timely manner and develop/support achievement of performance goals.
• Improve profit growth in operating departments and review audit issues for accuracy.
• Generate and provide accurate and timely reports and presentations.
• Reconcile balance sheets and ensure P&L accuracy.
• Ensure compliance with management contracts, reporting requirements, and operating procedures.
• Ensure team members are cross-trained and that property policies are administered fairly.
• Ensure new hires receive appropriate orientation and training.
• Create development plans for team members based on their strengths and career aspirations.
• Participate in hiring activities as appropriate.

Qualifications and Experience

• A 4-year bachelor's degree in Finance and Accounting or a related major, with 2 years of experience in finance and accounting or a related professional area.
• Alternatively, a Master's degree in Finance and Accounting or a related major with no work experience required.

Work Environment

This is a full-time position based in Medina, Al-Madinah Al-Munawarah. The role operates within the framework of Sheraton Hotels & Resorts, a brand within the Marriott International portfolio.