Financial Manager📣 Job Ad

Financial Manager – Hospitality and Restaurant Sector

Consulta is a consulting company specializing in the hospitality, food, and beverage sector, headquartered in the Kingdom of Saudi Arabia. Consulta offers comprehensive consulting services for restaurants, cafes, hotels, and specialized hospitality groups. Our areas of expertise include process auditing, menu and concept development, financial performance improvement, workforce planning, and enhancing business efficiency. We work closely with our clients to provide scalable and cost-effective solutions that enhance guest experience and operational efficiency. Through strategic partnerships and a deep understanding of the local market, Consulta is committed to achieving sustainable growth and excellence in the hospitality sector.

Company Name: Consulta

Sector: Hospitality and Restaurants

Headquarters: Khobar, Saudi Arabia

Work Location: Khobar

Employment Type: Full Time

Working Hours: Approximately 48 hours per week

Consulta is one of the leading companies in the hospitality and restaurant field, committed to operational excellence, innovation, and providing an exceptional hospitality experience for guests.

Job Summary

The financial manager oversees all financial operations related to the company’s activities in the hospitality and restaurant sector, including budget preparation, financial reporting, ensuring compliance, and leading the financial team with a focus on cost control and strategic financial planning.

Main Responsibilities:

• Overseeing daily financial operations for the hospitality and restaurant branches
• Preparing monthly, quarterly, and annual financial reports
• Preparing and managing budgets, monitoring variances, and taking corrective actions
• Ensuring compliance with Saudi financial regulations, including zakat and VAT
• Leading and guiding the accounting team
• Analyzing branch profitability and suggesting improvement methods
• Collaborating with senior management on financial strategy and future forecasts

Qualifications and Requirements

• Bachelor’s degree in finance, accounting, or a related field
• At least 5 years of experience in financial or accounting roles in the hospitality and restaurant sector, with two years in a leadership position.
• Strong familiarity with financial reporting standards (IFRS or GAAP)
• Proficient in financial systems and Excel programs
• Knowledge of tax and financial regulations in the Kingdom
• Fluency in both Arabic and English is required
• Professional certification such as CPA or CMA is preferred

Benefits and Compensation

• Competitive salary based on experience
• Medical insurance for the employee
• Paid annual leave plus official holidays (according to Saudi labor law)
• Performance-based incentives and bonuses
• Opportunities for training and professional development