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Chief Accountant

Riyadh (SA)

Full job details

Mövenpick Hotel Riyadh
Riyadh (SA)
Job Type
Finance, Accounts Payable, Finance Director, Financial Controller
Job Level

Key Responsibilities:

Month end closing and supervising month end stock verification. Review of Spa retail sale and internal control system with respect to retail stock and recording of revenues and controlling cost of sales. G/L accounting and reconciliation on monthly basis. By 15th of the month all Balance sheet accounts should be reconciled and schedule should be updated. Preparation of all proforma invoices for banquet events and advance booking and coordinating with Sales & marketing department and Event and Banquet department to this respect. Reconciliation of guest deposits and follow up on pending PM accounts in Front Office. Supervising General Cashier and Paymaster specifically reviews the accounts payable balance to ensure accuracy and proposes action and follow up to be taken to ensure a clear balance with limited over 90/120 day amounts. Prepares monthly invoices for other hotels, General Manager, Store and Shop rentals. Prepares all journal vouchers for month-end closing. Prepares monthly Financial Statements for distribution to Department Heads and Executives. Responsible for month-end back-office computer closing. Approves various city ledger transactions before posting into HIS. Approves payment requests, TERs, employee advances and petty cash prior to payment. Assists Assistant Financial Controller in budget preparation and input, forecast reports and monthly reporting to corporate finance. Supervises Accounts department in the absence of the Assistant Financial Controller. Maximizes cash flows and performance of the hotel through controls on inventory (including min-max review, reduce value, eliminate slow moving and remove spoilage), credit and collection, disbursement, deposits and remittances. Enforces documents and establish adequate controls for all revenues and expenses and safeguard/protection of assets. Ensures that controls will satisfy or improve the level of guest service. Ensure monthly tax filing, tax payment, tax reporting, monthly closing, year-end closing, comments and financial reporting are on a timely basis and maintain the performance of the accounting and related computer systems at an acceptable level with assurance of MIS and other supports. Maintains accurate and timely financial, tax and operation information and provides analysis, interpretations and projects to management as required. Provides administrative support to Management with reference to policy enforcement, business advice and operational assistance.

Key Requirements:

  • Minimum 2 years of experience as Chief Accountant in 5 star hotel
  • Good knowledge of Microsoft office and other accounting software
  • Young dynamic and highly motivated
  • Required to speak, read and write English
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