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Director of Finance - Ritz Carlton Amaala, Saudi Arabia

Director of Finance - Ritz Carlton Amaala, Saudi Arabia

The Ritz-CarltonSaudi Arabia
15 hours ago
Job description

Born of desert dunes and guarded by the Red Sea, The Ritz-Carlton, AMAALA redefines coastal luxury at the edge of Triple Bay. With 390 guestrooms, 80% facing shimmering waters and the remainder gazing over the Marina Village and Hijaz mountains, this opulent retreat offers sanctuary under the sky.

Guests will enjoy multiple sunset-view restaurants, a signature spa, adults-only and family pools, a fitness pavilion, and event venues for up to 1,500. Here, luxury meets legacy, crafted for those seeking calm, connection, and coastal wonder.

JOB SUMMARY

Functions as the property’s strategic financial business leader. Responsible for developing and implementing property-wide financial strategies that support brand service standards, drive profitability, and meet the expectations of guests, employees, ownership, and corporate stakeholders. Provides financial expertise to enable successful execution of business plans and brand initiatives. Leads the finance team in delivering accurate reporting, sound forecasting, and strong internal controls to safeguard assets and maximize return on investment.

CANDIDATE PROFILE

  • 4-year bachelor's degree in Finance and Accounting or related major; 3 years experience in finance, accounting, or related professional area
  • Master's degree in Finance and Accounting or related major; 1 year experience in finance, accounting, or related professional area

CORE WORK ACTIVITIES

Engaging in Strategic Planning and Decision Making

  • Develops strategies to improve profitability and explore new business opportunities
  • Forecasts sales and expenses; creates and monitors annual budget plans
  • Analyzes actual vs. projected performance and identifies cost‑saving opportunities
  • Implements controls to manage business risks and safeguard assets

    • ads development of the annual business plan aligned with brand strategy

  • Provides ongoing analytical support to operating departments
  • Produces accurate forecasts to guide operational decisions

    • Leading Finance Teams

  • Leads by example and promotes sound financial decision‑making
  • Communicates strategic goals and owner priorities clearly to the team
  • Influences executive leadership and property strategy through financial insights
  • Oversees internal, external, and regulatory audits
  • Assigns accountability and authority across departments
  • Conducts annual performance reviews in line with SOPs

    • Anticipating and Delivering on the Needs of Key Stakeholders

  • Attends owner meetings and understands strategic priorities
  • Advises GM and executive committee on financial matters
  • Communicates financial concepts clearly to drive desired behaviors
  • Manages working capital and cash flow in line with brand and owner standards
  • Facilitates critique meetings to review financial performance

    • Developing and Maintaining Finance Goals

  • Ensures accurate documentation of profit and loss statements
  • Monitors tax compliance and reporting
  • Submits financial reports on time and meets delivery deadlines
  • Supports achievement of performance, budget, and team goals
  • Reviews audit findings and purchasing processes for accuracy

    • Managing Projects and Policies

  • Delivers timely and accurate reports and presentations
  • Reconciles balance sheet accounts with proper documentation
  • Ensures P&L accuracy and compliance with reporting standards
  • Maintains adherence to management contracts and operating procedures

    • Managing and Conducting Human Resource Activities

  • Cross‑trains team members to support daily operations
  • Administers policies fairly and consistently
  • Oversees onboarding and training for new hires
  • Develops individual growth plans based on strengths and aspirations
  • Conducts performance reviews and participates in hiring activities

    • At more than 100 award‑winning properties worldwide, The Ritz‑Carlton Ladies and Gentlemen create experiences so exceptional that long after a guest stays with us, the experience stays with them. Attracting the world’s top hospitality professionals who curate lifelong memories, we believe that everyone succeeds when they are empowered to be creative, thoughtful and compassionate.

    Every day, we set the standard for rare and special luxury service the world over and pride ourselves on delivering excellence in the care and comfort of our guests.

    Your role will be to ensure that the “Gold Standards” of The Ritz‑Carlton are delivered graciously and thoughtfully every day. The Gold Standards are the foundation of The Ritz‑Carlton and are what guides us each day to be better than the next. It is this foundation and our belief that our culture drives success by which The Ritz‑Carlton has earned the reputation as a global brand leader in luxury hospitality. As part of our team, you will learn and exemplify the Gold Standards, such as our Employee Promise, Credo and our Service Values. And our promise to you is that we offer the chance to be proud of the work you do and who you work with.

    In joining The Ritz‑Carlton, you join portfolio of brands with Marriott International. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.

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    Director Finance • Saudi Arabia