Director of Finance - Marriott International - Saudi Arabia

Marriott International, a globally renowned leader in the hospitality and hotel industry, is seeking applications for a critical leadership position: Director of Finance at one of its luxury properties within Saudi Arabia. This role represents an exceptional opportunity for ambitious finance professionals to join a global hospitality giant and contribute to the success of its operations in a dynamic and growing Saudi market.

Job Overview

The Director of Finance will serve as the strategic leader of the property's finance and accounting division. They will be the primary officer responsible for all financial and accounting aspects, ensuring compliance with the highest company standards and local/international policies. This role is at the heart of the hotel's operations, providing analytical insights that support business decisions driving profitability and operational efficiency.

Key Responsibilities and Duties

• Strategic Leadership & Oversight: Lead, develop, and mentor the property's finance and accounting team. Develop and implement financial strategies aligned with the hotel's goals and Marriott International's overall corporate objectives.
• Financial Planning & Analysis: Prepare annual budgets, periodic financial forecasts, and variance analysis. Deliver accurate and timely financial reporting to senior property management and corporate headquarters.
• Cost Control & Cash Flow Management: Oversee all aspects of cost management, monitor expenditures, and ensure effective cash flow management to sustain operations.
• Compliance & Reporting: Ensure full compliance with all applicable tax, accounting laws, and regulations in Saudi Arabia, in addition to Marriott's stringent internal policies and standards.
• Internal Controls & Risk Management: Develop and maintain a robust system of internal controls to safeguard the property's assets. Identify and assess financial risks and develop mitigation plans.
• Management Advisory Support: Act as a strategic business partner to the General Manager and the executive management team, providing financial advice and recommendations to enhance financial performance.
• Oversight of Accounting Operations: Supervise all daily accounting operations such as accounts payable/receivable, inventory, payroll, and financial statement preparation.

Qualifications and Requirements

• Education: A Bachelor's degree in Finance, Accounting, or Business Administration. Professional certifications such as CMA, CPA, or ACCA are a significant advantage and often required.
• Experience: Minimum of 7 to 10 years of experience in finance and accounting, with a substantial portion in a leadership role (e.g., Finance Manager, Controller) within the hospitality or hotel industry. Experience in a luxury or international hotel environment is a strong competitive advantage.
• Technical Skills: Advanced proficiency in Enterprise Resource Planning (ERP) systems like Oracle or SAP, and Microsoft Office Suite (especially Excel). Deep knowledge of International Financial Reporting Standards (IFRS) and local accounting practices.
• Leadership & Personal Skills:
  • Proven leadership and managerial abilities to lead a multicultural team.
  • Exceptional analytical and strategic thinking skills.
  • Excellent communication and interpersonal skills across departments.
  • High integrity and strong attention to detail.
  • Ability to work under pressure and meet challenges in a fast-paced environment.
• Language: Fluency in English, both written and spoken, is essential. Proficiency in Arabic is a strong additional asset in the Saudi job market.

What Marriott International Offers

Joining Marriott means becoming part of a global family that values the individual and invests in their growth. While specifics vary by property and rank, typical offerings include:

• A respected, dynamic, and international work environment.
• Genuine opportunities for career advancement within Marriott's vast global network.
• A competitive financial package and benefits aligned with industry standards in Saudi Arabia.
• Ongoing training and development programs.

How to Apply

Applications for the vacant position of Director of Finance with Marriott International in Saudi Arabia are to be submitted exclusively via the official Marriott International careers portal or through authorized job platforms like Naukrigulf.

Application Tip: Prepare a professional resume in English that clearly highlights your leadership experience in finance within the hospitality sector, citing tangible achievements and metrics. Ensure you include any relevant professional certifications. Given the seniority of this role, the selection process may involve several rounds of interviews with local and regional management.

Prepare to seize this opportunity to lead within one of the world's most distinguished hospitality brands, at the heart of Saudi Arabia.