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Assistant Chief Accountant

Assistant Chief Accountant

Malmaison Hotel LiverpoolRiyadh, Riyadh Region, Saudi Arabia
30+ days ago
Job description

Role : Assistant Chief Accountant (Hotel)

Salary : Competitive Salary & Benefits

Location : Fraser Suites – Riyadh

Preferred To Be Saudi National

Frasers Hospitality, a member of Frasers Property Group, is a global hospitality leader. As the world’s leading brand in serviced apartments and hotel residences, we deliver gold standard hospitality in cities across Asia, Australia, Europe, the Middle East and Africa. A true global brand with a friendly feel, our staff are connected through our shared vision and four core values : collaborative, real, respectful, and progressive. Passionate about promoting from within, our culture is one which is fostered by the continual learning and development needs of our staff.

Overview

Responsible for all hotel accounting and financial controls as outlined in Fraser Suites Riyadh’s accounting standards manual. Administer and manage the general accounting activities and the preparation of reports and statistics reflecting earnings, profits, cash balances and other financial results.

Responsibilities

  • Accounting

Verify daily banking from duplicates of bank receipts to the General Cashier reports.

  • Check the daily cash flow to ensure the efficient use of capital to meet business requirements; review General Cashier report.
  • Follow up on delays in realizing deposits and returned checks; assist Finance Manager to carry out monthly reconciliation of all hotel bank accounts.
  • Maintain the general ledger, including posting, adjusting, printing; maintain adequate accounting records based on the Uniform System of Accounts.
  • Reconcile all Balance Sheet accounts monthly.
  • Lead an accounting team in the absence of the Finance Manager.
  • Maintain daily documentation for audit purposes.
  • Assist in the preparation of the financial budget for Fraser Suites Riyadh.
  • Assist in managing the fixed asset register and implement measures to control the movement and / or disposal of assets.
  • Purchasing
  • Control custody, usage, routing and authorization of purchase orders, including numerical control.

  • Prepare price comparisons and select surveyors, including ongoing programs of comparative shopping for location, price, quality, consistency of supplies, and delivery time.
  • Search for alternative suppliers and perform market surveys to stay aware of market conditions.
  • Delegate assignments to and supervise subordinates.
  • Follow up with suppliers on delivery times; address department user feedback and complaints.
  • Human Capital
  • Assist finance team to achieve individual and department goals and targets.

  • Cooperate with and assist external auditors as required.
  • Conduct ongoing performance appraisal reviews in line with company guidelines for all direct reports.
  • Assist in completion of timesheets and requests for personal leave for all direct reports in accordance with company policies and procedures.
  • What We’re Looking For

  • Formal qualifications at tertiary level to degree standard in accountancy and completion of CPA.
  • Prior experience (minimum 5 years) within a hotel finance department at a senior management level.
  • Knowledge of UAE financial regulations and laws.
  • Competency in ACCPAC, SAP, HIS Epitome, Microsoft applications (Word, Excel, PowerPoint), Vingcard and related hospitality proprietary software packages.
  • Excellent oral and written English communication skills.
  • Ability to multitask and work under time constraints with minimal supervision.
  • Ethical, honest and possessing integrity; able to meet deadlines.
  • Able to identify and implement new business practices and processes.
  • Strong organizational and coordination skills to handle multiple assignments and projects; adaptable to change.
  • Seniority level

  • Mid-Senior level
  • Employment type

  • Full-time
  • Job function

  • Accounting / Auditing and Finance
  • Industries

  • Hospitality
  • Notes : This description retains the original job information while improving structure and readability. It does not include extraneous site notices and keeps the EEO-related context where present.

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    Accountant • Riyadh, Riyadh Region, Saudi Arabia

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