AsstDir-Finance & Account I

Company: Marriott International –

WebSite: Riyadh, Saudi Arabia

Job Description:**Subject: Assistant Controller Position at Bab Samhan, a Luxury Collection Hotel Diriyah**

**Job Summary:**

The Assistant Controller is responsible for overseeing the daily operations of the Accounting Office at Bab Samhan, a Luxury Collection Hotel Diriyah. This position entails comprehensive management of financial functions, including financial analysis, financial reporting, budget development and forecasting, internal and external audit processes, asset and liability reconciliation, and the effective management of working capital and cash flow.

**Candidate Profile:**

A Bachelor’s degree in Finance, Accounting, or a related field is required. No prior work experience is mandated.

**Core Responsibilities:**

* **Team Leadership and Management:** The Assistant Controller will lead, motivate, and guide the accounting team, fostering a collaborative and productive work environment. Responsibilities include overseeing internal and external audit procedures, ensuring clear communication of business objectives and performance expectations, recognizing employee contributions, and facilitating professional development opportunities. The role also involves active participation in the employee performance appraisal process and adherence to all Standard and Local Operating Procedures (SOPs and LSOPs) regarding disciplinary actions and documentation.

* **Project and Policy Management:** This role requires the generation of accurate and timely financial reports and presentations. The Assistant Controller will analyze financial data to identify optimal solutions and address potential issues, ensuring the accuracy of the Profit and Loss (P&L) statement and timely delivery of financial information to relevant stakeholders. Responsibilities also include reconciling balance sheets, maintaining accurate tax rates for sales and use taxes, ensuring compliance with SOPs and LSOPs, and maintaining proper documentation for all account balances. Furthermore, the role involves reviewing audit findings, implementing corrective measures, and ensuring the currency of all property permits, licenses, and vendor contracts.

* **Accounting Expertise and Application:** The Assistant Controller must demonstrate a thorough understanding of relevant accounting principles, systems, and processes. This includes staying current with industry developments and applying new knowledge to enhance job performance. This role involves utilizing technology and information systems to generate financial reports and provide analytical support to management for informed decision-making.

* **Financial Guidance and Communication:** The Assistant Controller will provide timely and relevant financial information to executives, peers, and subordinates. Responsibilities include attending critique meetings, advising the Director of Finance on financial matters, and communicating complex financial concepts in a clear and persuasive manner. This role also involves providing guidance to other departments regarding accounting and budgeting policies, procedures, and the efficient utilization of financial resources.

* **Financial Goal Achievement:** The Assistant Controller is responsible for submitting reports on schedule, ensuring the accuracy of profit and loss documentation, and achieving or exceeding performance, budget, and team goals. This includes developing specific goals and plans to prioritize and organize work, monitoring applicable taxes, and supporting a strong accounting and operational control environment to safeguard assets, improve profitability, and manage business risks.

Marriott International is an equal opportunity employer committed to creating a diverse and inclusive workplace. We value the unique backgrounds and experiences of our associates and strive to provide equal access to opportunities for all individuals.

The Luxury Collection Hotels & Resorts offers unparalleled experiences to luxury travelers worldwide. If you possess a passion for hospitality and a desire to contribute to a distinguished global team, we invite you to apply. Join us to realize your full potential and become the best version of yourself.

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