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IHG Financial Accountant in Saudi Arabia

Financial Accountant

Key Responsibilities:

  • Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize financial return.

  • Create the annual operating budget for the property and provide analytical support during budget reviews to identify cost-saving and productivity opportunities for department heads.

  • Analyze ROI for capital projects prior to committing funds and, upon completion, determine if anticipated results were achieved.

  • Maximize cash flow performance of the hotel through controls on inventory (avoid excessive supply), credit and collection, disbursements, deposits and remittances.

  • Review rates and recommend rate strategy to the General Manager; participate in sales strategy meetings.

  • Controls all balance sheet accounts by preparation of monthly accounts reconciliation and actions accordingly.

  • Prepares monthly invoices for other IHG 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 closing.

  • Approves various city ledger transactions.

  • Approves payment requests, employee advances, and petty cash prior to payment.

  • Prepare and analyze financial reports, including monthly, quarterly, and annual statements.

  • Perform balance sheet reconciliations and ensure accuracy.

  • Handle daily financial transactions, including journal entries and account reconciliations.

  • Support the audit process and ensure compliance with financial regulations.

  • Assist in the implementation and improvement of financial systems and processes.

Requirements:

  • Bachelor’s degree in Accounting, Finance, or a related field.

  • 2+ years of accounting experience, preferably in the hospitality industry.

  • Proficiency in accounting software and MS Excel.

  • Strong attention to detail and ability to meet deadlines.

  • Excellent communication and teamwork skills.

Don't quite meet every single requirement, but still believe you'd be a great fit for the job? We'll never know unless you hit the 'Apply' button. Start your journey with us today.

At IHG Hotels & Resorts, we are proud to be an equal opportunity employer. We firmly believe that all our colleagues deserve to be treated equally and have the same opportunities to develop and grow their skills within our business and provide equal employment opportunities to all applicants and colleagues without regard to an individual's, race, color, ethnicity, national origin, religion, sex, sexual orientation, gender identity or expression, age, disability, marital or familial status, veteran status or any other characteristic protected by law.

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