Our client is a prominent, large-scale Hospitality group operating an expanding portfolio of 4-star and 5-star hotel chains across the Holy Cities of Makkah and Madinah. Specializing in high-volume, premier guest experiences, the group is seeking a high-caliber, strategic Finance Manager to lead financial operations, enforce robust internal controls, optimize cash flow across multi-site properties, and drive overall commercial profitability while reporting directly to the Group CEO.
Key Responsibilities
- Strategic Financial Management & Leadership: Partner with the Group CEO on corporate financial strategies, capital allocation, and feasibility studies for hotel expansions; lead property-level finance teams across Makkah and Madinah.
- Hospitality Accounting & Internal Controls: Direct multi-property accounting operations strictly adhering to USALI standards; build internal control frameworks across F&B, rooms revenue, procurement, and payroll to eliminate revenue leakage.
- Cash Flow, Budgeting & Treasury: Oversee working capital and liquidity throughout high-peak seasons (Hajj and Umrah) and shoulder periods; drive annual budgeting and cost-control initiatives to maximize Gross Operating Profit (GOP) margins.
- Reporting & Audits: Prepare consolidated financial statements, variance reports, and KPI benchmarks (RevPAR, ADR, GOPPAR) for executive leadership and oversee internal/external audits.
- Tax, Zakat & Regulatory Compliance: Ensure full compliance with Saudi Arabian tax laws, Zakat, VAT, and withholding tax filings governed by ZATCA.
Key Qualifications
- Experience: 15+ years of progressive financial leadership in the hospitality sector, with proven expertise managing multi-chain 4-star and 5-star hotel operations.
- Education & Certifications: Bachelor’s degree in Accounting, Finance, or related field; professional designations (CPA, CMA, ACCA, CIMA) or Master's degree preferred.
- Technical Mastery: Deep knowledge of USALI, PMS/POS integrations (Opera, Micros, SunSystems, SAP/Oracle), revenue control, and Saudi tax/Zakat regulations.
- Languages: Native-level Arabic is mandatory; fluent English required.
- Location/Mobility: Based primarily in Makkah with travel to Madinah (open to candidates inside or outside Saudi Arabia).
- Work Logistics: 6 working days per week; immediate to 30–60 days joining preference.
Market Salary Range (Saudi Arabia)
- Monthly Package: SAR 35,000 – SAR 40,000 per month