Chief Accountant

About the Role

The Hyatt Regency Riyadh Olaya is in search of a meticulous and seasoned Chief Accountant to bolster our Finance Department, ensuring impeccable accuracy, compliance, and financial integrity. This opportunity is ideal for candidates with solid experience in hotel accounting coupled with excellent English communication abilities.

Primary Responsibilities

• Manage daily accounting functions covering Accounts Payable, Accounts Receivable, General Ledger, payroll, and cost monitoring.
• Guarantee adherence to the hotel's financial policies, applicable local regulations, and Hyatt's standards.
• Compile monthly financial statements, detailed reports, and analyses to aid management review.
• Oversee cash flow management, budgeting, financial forecasting, and planning activities.
• Lead and guide the accounting team to ensure accuracy and punctual task completion.
• Facilitate coordination of internal and external audits, ensuring comprehensive documentation is maintained.
• Evaluate and authorize journal entries, account reconciliations, and other financial transactions.
• Offer financial insights to department heads to enhance operational efficiency.
• Maintain robust internal controls and ensure thorough documentation of all financial procedures.

Qualifications and Skills

• Possession of a Bachelor’s degree in Accounting, Finance, or an equivalent field.
• Prior experience specifically in hotel accounting is essential, ideally in a similar position.
• Deep understanding of financial reporting, budgeting practices, and auditing principles.
• Fluency in English with strong verbal and written communication skills.
• Competency in using accounting software and MS Office applications, with a focus on Excel.
• Demonstrated leadership capabilities, analytical mindset, and effective problem-solving skills.
• Capacity to perform well under pressure, meeting tight deadlines.
• High ethical standards, maintaining confidentiality and professionalism at all times.

Benefits and Opportunities

• Collaborate with a globally esteemed hotel chain.
• Receive a competitive remuneration package along with benefits.
• Access opportunities for career advancement within the Hyatt organization.
• Engage in a supportive, multicultural, and energetic workplace environment.