Assistant Cluster Director of Finance Raffles & Fairmont The Red Sea.📣 Job Ad

Role Overview: Assistant Cluster Director of Finance

Accor is seeking an Assistant Cluster Director of Finance for Raffles & Fairmont The Red Sea in Umluj, Saudi Arabia. This full-time role involves providing strategic financial leadership and oversight across a luxury resort cluster, ensuring operational excellence, financial integrity, and sustainable profitability. The successful candidate will collaborate with senior management to drive financial performance while upholding the highest standards of hospitality service delivery.

About Raffles & Fairmont The Red Sea

Raffles & Fairmont The Red Sea, part of Accor, is situated within Saudi Arabia’s groundbreaking Red Sea Project. This destination offers visitors access to two nature-focused resorts, featuring 361 rooms, 11 distinct dining concepts including an overwater restaurant, and a Spa. Raffles The Red Sea is designed as a sanctuary of refined elegance and timeless luxury, blending Raffles’ legendary graciousness and personalized service with the natural beauty and sustainability ethos of Red Sea Global.

Key Responsibilities

• Oversee financial operations and performance across multiple properties within the cluster, analyzing variances and implementing corrective actions to achieve budgeted targets.
• Prepare and present comprehensive financial reports, forecasts, and analyses to senior leadership, providing actionable insights for strategic decision-making.
• Develop, monitor, and manage departmental budgets and capital expenditure plans, ensuring optimal resource allocation and cost control.
• Lead and mentor finance team members, fostering a culture of professional development, accountability, and continuous improvement.
• Ensure compliance with accounting standards, internal controls, audit requirements, and regulatory obligations specific to Saudi Arabia operations.
• Collaborate with department heads to identify cost optimization opportunities and implement efficiency initiatives without compromising service quality.
• Manage accounts payable, accounts receivable, and general ledger functions, ensuring accuracy and timeliness of financial transactions.
• Analyze revenue streams, occupancy rates, and pricing strategies to support revenue management and profitability objectives.
• Coordinate with external auditors and regulatory authorities, maintaining transparent and professional relationships.
• Support the Cluster Director of Finance in strategic planning, financial forecasting, and long-term financial sustainability initiatives.

Qualifications and Experience

• Minimum of 5 years of progressive experience in hospitality finance, with demonstrated expertise in multi-property financial management.
• Minimum of 2 years of supervisory or leadership experience managing finance teams.
• Strong proficiency in financial analysis, budgeting, forecasting, and variance analysis.
• Advanced knowledge of accounting principles, generally accepted accounting practices, and hospitality-specific accounting standards.
• Proficiency with financial management systems and accounting software (Oracle, SAP, or similar platforms preferred).
• Excellent analytical and problem-solving skills with the ability to interpret complex financial data and communicate findings clearly.
• Strong organizational and time management capabilities with the ability to manage multiple priorities simultaneously.
• Demonstrated ability to lead, motivate, and develop team members in a fast-paced environment.
• Exceptional communication and interpersonal skills with the ability to collaborate effectively across all organizational levels.

Preferred Skills and Certifications

• Knowledge of Saudi Arabia's regulatory environment, tax requirements, and labor laws.
• Experience in luxury hospitality operations and understanding of high-end resort management.
• Familiarity with multi-currency operations and international financial management.
• Professional certification such as CPA, ACCA, or equivalent accounting qualification.

Work Environment

This is a full-time position based at Raffles & Fairmont The Red Sea in Umluj, Saudi Arabia, operating within a dynamic luxury hospitality setting.