Assistant Financial Controller

About The Ned Doha

Located within the historic former Ministry of Interior building in Doha, The Ned Doha is a premier luxury destination that blends heritage, elegance, and modern sophistication. The venue boasts seven unique dining venues, 90 stylishly appointed rooms, sophisticated event spaces, and Ned’s Club—a private members’ club featuring a rooftop terrace, spa, gym, and a stunning 30-metre outdoor pool, combining tradition, creativity, and luxury into a vibrant experience.

Key Duties and Responsibilities

• Manage daily accounting functions to ensure precise transaction processing and adherence to The Ned Doha's financial policies.
• Validate and authorize daily journal entries, confirming all have correct documentation before posting.
• Examine daily income audit checklists and revenue reports for accuracy, distributing results promptly and escalating issues to the Finance Director as needed.
• Guarantee completion of daily and weekly accounting transactions accurately and within deadlines.
• Maintain robust internal control measures and seek ways to enhance financial workflows and operational efficiency.
• Lead monthly and year-end financial closings, guaranteeing their accuracy and timeliness.
• Review and reconcile balance sheet accounts, promptly addressing outstanding items.
• Generate weekly financial updates, including profit and loss statements and bank balance summaries.
• Prepare monthly financial statements and departmental P&L reports for management review.
• Organize monthly P&L meetings with department heads and finalize reports for senior management.
• Coordinate consolidated group financial reports monthly and quarterly with the finance and audit teams.
• Support budget preparation, monthly forecasting, and financial projections with the Finance Director.
• Facilitate departmental contribution and timely completion of forecasting and budget requirements.
• Analyze financial results against budgets, forecasts, and prior-year data, flagging major variances.
• Assist department heads in interpreting financial data to inform operational decisions and identify cost-saving opportunities.
• Oversee cash collections, bank deposits, and cashier functions to ensure control compliance.
• Conduct regular bank reconciliations and oversee the resolution of discrepancies.
• Manage and update cash flow projections, monitoring expected inflows, outflows, and fund availability.
• Plan supplier payments and allocate funds based on liquidity and operational priorities.
• Review accounts receivable and payable aging reports, alerting the Finance Director of critical outstanding balances.
• Coordinate payroll processing with the paymaster, ensuring accuracy and timely approvals.
• Assess payroll calculations and adjustments prior to final authorization.
• Examine weekly cost control reports and highlight significant discrepancies requiring management action.
• Monitor departmental expenditures, supporting budget-aligned cost management.
• Oversee annual external audits by preparing schedules, reconciliations, and documentation.
• Liaise with auditors and tax advisors to ensure compliance with audit timelines and tax submissions.
• Coordinate monthly withholding tax declarations and settlements on schedule.
• Ensure overseas contracts are reported to the General Tax Authority per regulatory requirements.
• Confirm accuracy and compliance of management and contractual fee calculations with agreements.
• Ensure all activities are in line with local laws and corporate financial reporting obligations.
• Supervise finance team members, ensuring proper task distribution, coverage, and continuous training.
• Maintain knowledge across finance functions to support and backfill critical tasks when necessary.
• Promote accountability, team collaboration, professionalism, and continuous improvement in the finance department.
• Support the Finance Director in managing finance operations and implementing policies.
• Act as the Finance Director's delegate when they are unavailable within delegated authority limits.
• Communicate financial and operational matters effectively with department heads and management.
• Rapidly escalate financial irregularities, compliance issues, and risks to the Finance Director.
• Perform additional finance-related duties as assigned by the Finance Director.

Benefits and Perks

• Competitive salary exempt from tax.
• 21 calendar days of annual leave plus 11 paid public holidays.
• Sick leave benefits compliant with Qatar Labor Law.
• Private medical insurance coverage for the employee.
• End of service benefits.
• Complimentary meals (breakfast, lunch, dinner) at the team restaurant, Neddy’s.
• Exclusive hotel and dining discounts for employees and their families and friends.
• Strong opportunities for career growth, learning, and development.
• Reward and recognition programs.
• The chance to contribute to one of Doha’s landmark lifestyle destinations.

Organizational Culture

The Ned Doha celebrates diversity and strives to foster an environment of respect, inclusion, and equal opportunity where everyone can thrive and contribute to an extraordinary team.