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Director of Finance & Business Support

AccorHotels

Riyadh, Saudi Arabia

Ref: RP714-6390

Job description / Role

Employment: Full Time

As the Director of Finance, you will support the executive team in delivering the business plan and integrating the businesses where possible, optimising operating costs and capitalising on cross pollination of business opportunities. You will also provide strategic support and leadership to your team and to the leadership team to ensure the delivery of Movenpick service standards, memorable colleague and guest experiences and maximum operating results.

Reporting Lines

• Reporting to the General Manager, and working closely with the Corporate Finance team, you are part of the executive committee and bring your expertise to support the executive department and all operational departments in their choices, decisions and their search for quality and results, and optimising operating costs and capitalising on cross pollination of business opportunities
• Leads by example on the principles of 'Heartist' and the Accor Values. Supports the on-going development and evolution of Heartist culture within Carton House.
• Supports Accor`s and the Brand`s commitment to exceptional guest experience through the delivery of "Augmented hospitality" - a refined vision of hospitality and the tailor-made services provides to the guests and visitors.
• Supports Accor`s commitment to Corporate Social Responsibility (CSR) through the co-ordination of strategic CSR activities at Movenpick. Communicates and encourages the participation in CSR activities of all team members.
• Supports Accor`s commitment to Planet 21 initiatives through the co-ordination of strategic sustainability activities at Carton HouseMovenpick implementation of required actions. (S)he may be a dedicated member of the Planet 21 committee and drives sustainability results.
• Clearly demonstrates to guests and colleagues a commitment to service excellence through the effective implementation and delivery of Movenpick Hotels & Resorts Standards at all times.
• Leads and advocates the Brand`s service culture and ensures that guests receive services that enables the Brand promise.
• Complies and reinforces all statutory and legal requirements for fire, hygiene, health and safety, GDPR, and employment legislation.
• Adheres to the crisis management and business continuity plans for the department.
• Ensures that all Finance Standard Operating Procedures are prepared to the highest quality and updated as needed and are enforced on a daily basis.
• Adapts an entrepreneurial approach by; continuously seeking out areas for improvement and addressing those through innovative solutions, by initiating and leading change, and by actively looking for opportunities to generate revenue across the resort.
• Constantly monitors and is aware of the latest industry trends, new and innovative products and service opportunities. Presents implementation plan to senior leadership when applicable.
• Drive departmental communication strategy.
• Ensure teams strictly follows finance related policies and procedures.
• Ensure high-level maintenance of Movenpick by reporting all maintenance related issues.
• Fulfil the required competencies outlined in the organization`s Capability Framework to a very high degree.

Controlling Activities

• Manage the finance function and finance team.
• Prepare departmental strategies and establish effective goals, measurements and action plans for the Finance Department related to: Colleague Engagement, Guest Experience, Revenue, Financial reporting, ALL Loyalty Program.
• Preparation of monthly management accounts including Profit and Loss Account, Balance Sheet and Cash Flow, and weekly financial reports including forecasting of profits, cash and payroll
• Preparation for audit , VAT and payroll taxes, including compliance with payment deadlines
• Management of Income Audit, Payroll, Cash/Bank Control, Accounts Receivable, Accounts Payable.
• Work closely with wider hotel team to ensure a functional understanding of departmental financial reporting and other metrics including wage %, GPs and P&Ls.

Business Strategy

• Actively participate in the development of business strategy in line with the resorts vision, mission and business objectives and develop a strategy for growth across the all areas targeted within the hotel 5-year business plan.

Business Plans & Budgets

• Oversee and challenge the annual budget in order to monitor progress and present financial metrics both internally and externally.

Commercial insight

• In collaboration with the Commercial and Revenue Management functions, analyse the commercial operations and competitive trends to establish tactical recommendations and strategies for the short, medium and long term
• Provide local management and the management company/owners with objective analysis of business performance, highlighting key issues and opportunities.

Specific Business Proposals

• Assess the benefits of all prospective spends and contracts and advise the general manager and Owners on programme design and implementation matters. To the extent such proposals involve CapEX activity, legal, financial and other advisors as appropriate.

Supportive Functions

• In addition to performance of the essential functions, this position may be required to perform a combination of supportive functions, based upon the particular requirements of the company.

People Management

• Oversee selection and recruitment, for all positions for Finance in line with Accor`s Leadership Capability Framework, Recruitment Charter and related processes.
• Oversee the 90-day onboarding program to ensure new employees feel welcome and team members are prepared for the new arrival including management within the internal communication network.
• Oversee the performance management process, in line with the Leadership Capability Framework.
• Develops a strong team through consistent effective leadership, training, operational management, and succession planning.
• Fosters a winning, solution-oriented work environment, motivating and engaging colleagues to continuously deliver the best possible standard of work.
• Promotes an environment of open ongoing feedback and coaching for better performance.
• Coaches and mentors colleagues with finance functions including identifying key financial drivers in order to enhance the value creation capability of the resort.

Requirements

Competencies

• Positive orientation
• Developing an empowered team
• Guest centric
• Leadership
• Communication proficiency
• Technical Capacity
• Problem solving and decision making
• Business development and planning
• Self-development & self-management
• Strategic thinking & analysis
• Business acumen

In Addition

• Ability to work autonomously with use of self-motivation.
• Strong organizational/ project management skills with high attention to details.
• Good presentation and influencing skills.
• Strong team working skills and able to work effectively and both manage and contribute to a team.
• Ability to multitask many projects/ initiatives at once, at a high level of quality and to tight timelines.
• Adaptable, and enjoys doing a variety of different tasks.
• You will have 10 years of experience in finance and be able to illustrate previous successes in a comparable luxury environment.
• You must have a graduate degree in business or equivalent together with a professional accounting qualification e.g. ACCA , CPA, with a strategic knowledge of the hospitality business and financial management.
• Previous Flag/Management company experience is a necessity - reporting in a corporate environment etc previous experience in running a Common Property Management company P&L
• You ensure a good communication of the Finance information and maintain excellent relationship and partnership with all the different hotel stakeholders (Owners, Accor Europe Luxury Division, Banks etc.)
• Previous experience in KSA is preferred.

About the Company

A caring employer providing respect, training and career development for our employees. An attractive employer offering more than 100 professions across the 5 continents.

We are much more than a world leader. We are 250,000 hoteliers with the same shared passion for welcoming. We take care of millions of guests in our 4,300 addresses and on our digital platforms. As an operator and franchisor (HotelServices), owner and investor (HotelInvest), we invest all our energy into making "Feel Welcome" resonate as the finest hotel promise.

From luxury to economy and in every corner of the globe, AccorHotels'​ more than 20 brands meet all the needs of business and leisure travelers seeking comfort, attention and high-quality services.

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