Director of Finance

Rixos Premium Qetaifan Island North

Rixos Premium Qetaifan Island North offers guests a luxurious breakaway to an island packed with entertainment and adventure. With five acres of fun-filled attractions, including a sensational waterpark, private beach, retail area, a beach club, and numerous fine dining and casual restaurants, Rixos Premium Qetaifan Island North is the ultimate multi-inclusive vacation destination.

Director of Finance blends hands-on financial oversight with forward-looking analysis, supporting both day-to-day operations and longer-term strategic initiatives. The Director of Finance will work closely with the Managing Director and department leaders to strengthen financial processes, improve visibility into performance, and ensure the property operates efficiently and sustainably. This position also required presenting financial data and interpretation to the ownership. 

Key Responsibilities

Financial Oversight & Reporting

• Oversee all accounting functions, including general ledger, accounts payable, payroll, and financial reporting
• Ensure accuracy and timeliness of monthly, quarterly, and annual financial statements
• Maintain strong internal controls and a transparent system of checks and balances
• Coordinate and oversee annual audits, tax filings, and regulatory compliance
• Review and analyze financial performance, identifying trends and areas for improvement

Budgeting, Forecasting & Analysis

• Lead the annual budgeting process and ongoing financial forecasting
• Develop and maintain financial models to support operational and strategic decision-making
• Provide variance analysis and actionable insights to leadership
• Support department heads in managing budgets and understanding financial performance
• Evaluate cost structures and identify opportunities for efficiency and expense control

Strategic & Operational Support

• Partner with leadership on long-range planning, capital investments, and business strategy
• Support financial aspects of construction, renovation, and capital projects, including budgeting, cash flow, and ROI analysis
• Assist in evaluating new opportunities, partnerships, or operational initiatives
• Provide financial insight into pricing, labor, and operational decisions

Cash Management & Banking

• Oversee cash flow management and forecasting
• Maintain and strengthen banking and lender relationships
• Ensure appropriate liquidity to support operations and capital needs

Team Leadership & Collaboration

• Provide oversight and support to the Accounting Manager and the accounting team
• Foster a collaborative, accountable, and detail-oriented finance function
• Work cross-functionally with operations, HR, and department leaders
• Promote a culture of financial awareness and accountability across the organization

Required Qualifications

• Minimum 5-10 years of progressive experience in a Director of Finance or equivalent senior financial leadership role at a large resort or hospitality property within the Middle East
• Master's degree in Finance, Accounting, or Business Administration, or professional certification (CA, CPA, or equivalent)
• Demonstrated expertise in financial compliance, regulatory requirements, and audit management
• Proven experience with financial planning, budgeting, and forecasting in a complex operational environment
• Strong proficiency in financial systems, accounting software, and data analysis tools
• Excellent understanding of internal controls, risk management, and financial governance frameworks
• Demonstrated ability to lead and develop accounting teams while fostering a culture of accountability and accuracy
• Exceptional analytical and problem-solving skills with the ability to translate financial data into actionable business insights
• Strong communication and presentation skills, with the ability to effectively present financial information to senior leadership and ownership

Preferred Qualifications

• Experience in the hospitality, theme park, or water park industry
• Background in managing capital projects, construction budgeting, and ROI analysis
• Experience with cash flow management and banking relationship development
• Knowledge of property management systems and integrated financial reporting platforms
• Prior experience supporting strategic planning and long-range financial forecasting initiatives