Financial Manager📣 Job Ad

Join Red Sea Global Hospitality and become part of a team leading the change in responsible development and regenerative tourism.

As the Director of Finance, you will be responsible for overseeing and directing the financial strategy, planning, and operations of the organization. Your leadership will be crucial in driving financial performance, ensuring regulatory compliance, and aligning financial objectives with the overall business strategy. You will work closely with senior leadership to develop and execute financial plans that contribute to the long-term success of Red Sea Global Hospitality.

Key Areas of Responsibilities:

• Financial Strategy & Leadership: Develop and implement financial strategies to support the company's business objectives.
• Pre-Opening Financial Oversight: Lead the financial pre-opening strategy, including budgeting and financial planning.
• Financial Reporting & Compliance: Ensure accurate and timely preparation of financial reports.
• Budget & Forecasting: Oversee the development and management of annual budgets.
• Cost Control & Revenue Optimization: Implement financial controls and identify revenue enhancement opportunities.
• Cash Flow & Risk Management: Monitor cash flow and implement strategies for financial stability.
• Stakeholder Collaboration: Work closely with executive leadership and key stakeholders.
• Team Leadership & Development: Lead, mentor, and develop the finance team.
• Operational Efficiency: Optimize financial systems and procedures for efficiency.

Qualifications and Standards:
The ideal candidate must have at least five years of experience as Director of Finance, preferably in luxury hotels or the hospitality industry.

In Return, What We Offer:

• Exciting opportunities for personal and professional development.
• Competitive compensation package.
• Access to exclusive perks and benefits.
• Health Insurance coverage.
• A supportive and inclusive work environment.
• Employee Recognition Programs.
• Daily meals on duty.
• Year-round social, wellness, and sports events.

Accessibility and Adjustments:
We welcome all applicants and are committed to providing reasonable adjustments throughout our recruitment process. If you would like to discuss any specific requirements, please get in touch with us.

Red Sea Global Hospitality is an equal opportunity employer committed to diversity and inclusion in the workplace.

Join Red Sea Global Hospitality and become part of a team leading the change in responsible development and regenerative tourism.

About Us: Welcome to the next generation of hospitality excellence. At Red Sea Global Hospitality, we are committed to delivering exceptional guest experiences and creating an extraordinary work environment for our team members. Our ethos is deeply rooted in Respect, Responsibility, Passion, and Collaboration—values that guide us in our pursuit of operational brilliance, innovative guest service, and sustainable practices.

The Role: As Assistant Finance Manager, you will support the Finance Manager in overseeing the financial operations of the organization, ensuring accuracy, compliance, and alignment with strategic goals. Your role will involve assisting in financial reporting, budgeting, cost control, and compliance activities while fostering a culture of transparency and efficiency.

Key Areas of Responsibilities:

• Assist in preparing accurate monthly, quarterly, and annual financial reports (*, balance sheets, income statements, cash flow statements).
• Support compliance with accounting standards, company policies, and regulatory requirements.
• Analyze financial data to identify trends, variances, and opportunities for improvement.
• Collaborate with departments to gather data and support the annual budgeting process.
• Monitor daily cash flow activities and assist in preparing liquidity reports.
• Aid in reviewing departmental expenses and identifying cost-saving opportunities.
• Provide administrative support during budget reviews and adjustments.

In Return, What We Offer:

• Exciting opportunities for personal and professional development.
• Competitive compensation package.
• Health Insurance coverage whilst in service.
• A supportive and inclusive work environment.
• Employee Recognition Programs.

Join Soudah Development as a Corporate Finance Manager
As a leading real estate development company in Saudi Arabia, Soudah Development is redefining luxury in the mountainous landscapes of the Aseer region. We invite you to be part of this transformation by taking up the pivotal role of Corporate Finance Manager.

Key Responsibilities:

• Manage the company's financial resources, focusing on cash flow, debt, and capital markets.
• Handle cash investments and maturities to ensure funds are available when needed.
• Oversee daily treasury activities to meet financial obligations.
• Manage borrowings and capital management to reduce costs and ensure fund availability.
• Negotiate interest rates with banks for maximum returns on fixed deposits.
• Assess investment opportunities to improve ROI.
• Develop plans to mitigate currency and interest rate risks.
• Prepare financial reports on cash positions and liquidity for senior leadership.
• Identify and negotiate funding opportunities for company activities.

Qualifications:

• Bachelor’s degree in Finance or equivalent.
• Master’s degree in a related field preferred.

Join us on this journey as we blend nature, luxury, and culture.