Tulip Inn Al Daar Rawafid is a franchised hotel located in Madinah, Kingdom of Saudi Arabia. We are seeking an experienced Finance Manager to lead the hotel s financial strategy, budgeting, forecasting, reporting, and financial controls.
Working closely with the General Manager and the hotel s ownership and leadership teams, the Finance Manager will be responsible for safeguarding the hotel s assets and driving profitability through accurate financial reporting, effective cash flow and cost management, strong internal controls, and sound financial guidance that supports strategic decision-making.
Key Job Responsibilities:
• Develop and execute the hotel's financial strategy, aligning it with company objectives.
• Lead budgeting, forecasting, and financial planning efforts, ensuring financial goals are met.
• Provide financial guidance and recommendations to the General Manager and senior management.
• Prepare and analyze financial statements, identifying trends and variances.
• Monitor financial performance, highlighting areas for improvement or cost-saving opportunities.
• Maintain accurate and timely financial records, complying with regulatory requirements.
• Collaborate with various departments to evaluate and optimize business processes.
• Conduct feasibility studies and financial analysis for potential projects or investments.
• Assist in business development efforts and strategic decision-making.
• Manage cash flow and liquidity, ensuring the availability of funds for operational needs.
• Implement effective treasury and cash management practices.
• Identify financial risks and implement risk mitigation strategies.
• Ensure compliance with financial regulations, company policies, and industry standards.
• Facilitate internal and external audits as needed.
• Manage and develop a finance and business support team, fostering a culture of excellence.
• Provide training and mentorship to colleagues to enhance financial knowledge and skills.
• Implement cost-control measures while maintaining quality and service standards.
• Oversee procurement processes, negotiating vendor contracts and optimizing supplier relationships.
• Stay updated on financial technology trends and recommend system improvements.
• Ensure the efficient use of financial systems and tools.
• Operate in a safe and environmentally friendly manner, prioritizing guests' and colleagues' health and safety, as well as environmental conservation.
• Adhere to hotel environmental, health, and safety procedures and policies.
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