JUMP TO CONTENT
  1. Full-Time
  2. Permanent
  3. FAIRMONT
  4. Finance

__jobinformationwidget.freetext.LocationText__

Fairmont Riyadh, Riyadh, Saudi Arabia

__jobinformationwidget.freetext.ExternalReference__

REF96773G

Director of Finance & Business Support

Region

Luxury & Lifestyle


Company Description

Join a hotel that is a member of the Accor network, whose group brings together more than 45 brands, 5,500 hotels, 10,000 restaurants and lifestyle destinations. Here, we believe in you and what you bring to the table. There are many opportunities for development and advancement. Every gesture, every smile, every action, contributes to creating a positive and memorable impact for our customers, our colleagues and also for our planet. Together, we embody the vision of responsible hospitality.

Take the opportunity to become a Heartist®, and let your heart guide you in this world where life beats faster.


Job Description

We're looking for an experienced and visionary **Director of Finance & Business Support** to join our dynamic team in Riyadh, Saudi Arabia. In this pivotal role, you will provide strategic financial leadership and business support to drive organizational performance and profitability. You will partner closely with senior management and department heads to deliver actionable financial insights, ensure regulatory compliance, and foster a culture of fiscal responsibility across all operations. This is an exceptional opportunity for a detail-oriented, analytical leader who thrives in a collaborative environment and is committed to driving sustainable business growth.

**Business Partnering & Strategic Leadership**

  • Develop and maintain key relationships with the General Manager, Executive Committee, and department heads to provide comprehensive financial support and strategic guidance
  • Collaborate with operational leaders to analyze financial performance, identify variances, and recommend data-driven strategies to enhance business effectiveness
  • Contribute to critical business decisions regarding revenue generation, cost management, and capital investments
  • Support department heads in developing and implementing corrective action plans based on internal and external audit findings
  • Attend and actively participate in revenue management meetings to identify opportunities and risks across all revenue streams
  • Build strong business relationships with stakeholders by participating in strategic discussions and responding proactively to initiatives

**Financial Planning, Reporting & Analysis**

  • Prepare, analyze, and interpret comprehensive financial data and reports in a clear, comprehensible manner for all organizational levels
  • Lead the development and implementation of annual budgets, capital budgets, and rolling forecasts in conjunction with the General Manager and department heads
  • Establish and maintain accurate financial reporting procedures, ensuring timely delivery of monthly internal benchmarking and operational performance analysis reports
  • Monitor and analyze balance sheet accounts, identifying meaningful variations and communicating findings to senior management
  • Identify and implement best practices and benchmarking techniques to enhance revenues, improve productivity, and optimize cost efficiencies
  • Manage all facets of the capital process, including fixed asset tracking, sub-ledger maintenance, and depreciation management
  • Ensure accurate and consistent recording of financial and statistical data across a unified chart of accounts and expense dictionary

**Compliance, Risk Management & Controls**

  • Maintain fiduciary responsibility to the organization and stakeholders by ensuring full compliance with policies, accounting standards, and local regulatory requirements
  • Safeguard organizational assets and interests by serving as the guardian of management agreements, contracts, and critical legal documents
  • Conduct regular operational risk assessments, establish and maintain a comprehensive risk register, and develop action plans to mitigate identified risks
  • Ensure proper segregation of duties, monitor internal control systems regularly, and document compliance with established control procedures
  • Approve all cash disbursements and ensure proper documentation and execution of all financial transactions
  • Develop, implement, and monitor credit and collection procedures in accordance with corporate policies
  • Ensure timely and accurate reporting of all incidents in accordance with company protocol

**People & Talent Management**

  • Recruit, onboard, and develop high-performing finance and accounting team members in alignment with organizational guidelines
  • Conduct comprehensive training needs analysis and design targeted development programs to enhance team capabilities
  • Deliver coaching, constructive feedback, and performance management to foster professional growth and accountability
  • Conduct formal performance reviews and probation assessments in accordance with company standards
  • Plan for future staffing needs through succession planning and identification of high-potential team members
  • Maintain positive team relationships through regular communication and transparent dialogue
  • Optimize staffing levels and operational efficiency while maintaining departmental standards and procedures

**Additional Responsibilities**

  • Prepare and present special financial reports as required by senior management and corporate office
  • Interact with external stakeholders including legal counsel, insurance companies, tax consultants, auditors, and financial institutions
  • Ensure compliance with all local laws, fiscal regulations, and licensing requirements applicable to the Riyadh location
  • Develop business acumen across all leadership levels to enhance understanding of financial impact on overall organizational performance

Qualifications

**Required Education & Certifications**

  • Bachelor's degree in Business, Finance, Accounting, or a related field (Master's degree preferred)
  • Professional accounting designation or CPA certification required
  • MBA or advanced finance certification preferred

**Required Experience**

  • Minimum 10+ years of progressive experience in accounting, financial analysis, capital projects management, or related finance functions
  • Minimum 5-7 years of demonstrated experience managing and developing teams and overseeing complex projects
  • Proven experience in multiple areas including accounting operations, financial reporting, budgeting, forecasting, and business analysis
  • Experience in hospitality, hotel operations, or similar service-oriented industry strongly preferred
  • Demonstrated experience with accounting systems, ERP platforms, and financial software for reporting and analysis

**Required Skills & Competencies**

  • Advanced analytical and problem-solving abilities with strong attention to detail
  • Exceptional financial analysis, interpretation, and forecasting capabilities
  • Proficiency in budgeting, variance analysis, and financial modeling
  • Strong knowledge of internal controls, compliance frameworks, and risk management principles
  • Comprehensive understanding of GAAP regulations, accounting procedures, and capital projects management standards
  • Excellent communication skills, both written and verbal, with ability to present complex financial information to diverse audiences
  • Demonstrated ability to influence stakeholders, build consensus, and lead cross-functional teams
  • Strong organizational and time management skills with ability to manage multiple priorities
  • Proficiency in data analysis tools and advanced Excel capabilities
  • Experience with cash flow management and capital budgeting processes

**Preferred Qualifications**

  • Experience with hospitality management agreements and revenue management concepts
  • Knowledge of Saudi Arabia's regulatory and tax environment
  • Experience implementing financial systems or process improvements
  • Background in risk assessment and mitigation strategies
  • Familiarity with stakeholder management and business partnering models
  • Experience in change management and organizational development

**Personal Attributes**

  • Strategic thinker with a visionary approach to financial leadership
  • Collaborative team player with strong interpersonal skills
  • Resilient and adaptable professional who thrives in dynamic environments
  • Transparent communicator committed to ethical business practices
  • Decisive leader capable of making sound judgments under pressure
  • Innovative mindset focused on continuous improvement and operational excellence
  • Customer-focused approach to supporting internal and external stakeholders

Additional Information

Your Team and Working Environment:

Join our dynamic organization as a Director of Finance & Business Support, where strategic vision, financial accuracy, and operational excellence drive everything we do. In this pivotal role, you will lead financial planning, budgeting, and reporting, while providing critical business support across all departments. You will work closely with executive leadership to guide strategic decisions, optimize processes, and mentor a high-performing team. Our environment values teamwork, innovation, and continuous improvement—ensuring that every financial and operational initiative contributes to sustainable growth and exceptional performance.

Our Commitment to Diversity & Inclusion:

We are committed to fostering an inclusive and diverse workplace where all team members feel respected, supported, and empowered to grow. We celebrate individuality and provide equal opportunities for everyone to excel. Your unique perspective and expertise are valued, helping strengthen our organization and ensuring excellence in both financial management and overall business operations.

Diversity & Inclusion for Accor means welcoming each and everyone and respecting their differences by giving priority only to qualities and skills in extending employment and development opportunities. Our ambition is to provide meaningful employment, a warm and welcoming culture, excellent working conditions and to promote the development of all people, including those with disabilities.

When applying, do not hesitate to let us know of any specific needs you may have so that we can take them into consideration.

LET YOUR PASSION SHINE

We foster our creativity, our excellence and progressiveness. We interconnect with each other and our environment, to create a new kind of quiet luxury. With us, you can take pride in being part of a wider global team leading the way in local sustainability initiatives. Working together with our communities, we will empower you to make your own meaningful impact.

LEARN ABOUT US

Let your passion shine

We take pride in promoting heartfelt hospitality with a French Zest, valuing passion, excellence and emotional intelligence. We pioneer a committed and sustainable approach to luxury, encouraging openness and inclusivity. We value new encounters with colleagues and guests from all horizons with a goal of creating a distinctive culture together.

JOIN US