Wyndham Hotels & Resorts is now seeking a Financial Controller to join our team at Wyndham Garden Dammam in Saudi Arabia.
The Financial Controller is responsible for the hotel’s finance function and infrastructure, the accurate management and recording of financial accounts, the implementation of and compliance with internal controls, and the preparation and monitoring of forecasts and budgets. This individual will work closely with the hotel General Manager, Executive Team, Heads of Department and representatives of Wyndham Hotel Group and Owning Company to maximize return on investment by defining a strategic financial plan for the hotel which is aligned with the overall business plan for the property and will deliver commercial business objectives and financial targets. The incumbent will be responsible for the implementation of all financial reporting, accounting and purchasing processes, policies and procedures for the hotel to be compliant with local legislation and with the financial operating requirement of Wyndham Hotel Group. She/he will ensure that all revenue control, sales and purchase ledger activities are recorded consistently and efficiently, and ensure that the necessary controls are in place to safeguard the assets of the organisation. She/he will also lead and develop their team.
1. Financial strategic plan
To create, document and deliver a financial strategic plan for the hotel which will facilitate the achievement of the overall business plan and commercial goals of the property. This will include budgeting and forecasting the requirements of the other hotel departments to deliver return on investment.
2. Processes, policies and procedures
To define, initiate and implement suitable policies and procedures required to facilitate the financial operation of the hotel including purchasing, payroll, accounts payable and receivable, inventory, credit control and preferred supplier agreements and negotiation. The processes will be effective in allowing the property to deliver its objectives, operational goals and legal obligations. This extends to ensuring that all members of the team are aware and able to utilize these tools as necessary.
3. Accounting, reporting and cash flow
To maintain tight control of the P&L balance sheet reconciliation and analyses the data in order to identify any problems or areas for improvement. This will include the generation of regular monthly reports or ad-hoc reports as required. This extends to cash flow statements, management of receivables and payables and reporting anomalies and forecasting issues to the GM for resolution.
The incumbent will ensure that the hotel is in full compliance with all required financial regulations in accordance to local law and with the terms and conditions of the management agreement with Wyndham Hotel Group. She/he will also ensure that the hotel is compliant with all contractual obligations and regulatory contracts and that these are appropriately maintained and documented.
2. Managing resources and cost efficiencies
To plan and promote the most effective use of resources to ensure cost effective and best practice solutions are delivered throughout the business, including supplier selection, systems, expense reports, inventory and generally be alert to driving the lowest level of wastage, the appropriate level of quality and highest level of economy possible for the smooth running of the operation.
3. Leadership of Finance Team
To ensure that the Finance team including Purchasing and IT are lead in a manner that breeds teamwork. The Financial Controller is responsible for the full HR cycle for their team from hiring, on boarding, continuous training and development, regular team meetings, regular 121 meetings, appraisals, development plans, managing the Associate survey process and any disciplinary matters that may arise in conjunction with the HR department.
Wyndham Hotels & Resorts is the largest hotel franchisor in the world and a leading hotel management company. We stand 20 brands strong across 9,000 hotels in more than 80 countries, and we offer the most diverse collection of hotel experiences in the world. Our iconic brands, united by the richest and simplest rewards program in the business, make hotel travel possible for all.
Our hotel owners are the stewards of our brands, and together, we champion everyday travelers. We believe guests deserve great experiences, and our robust portfolio—distinguished by our leading economy and midscale brands—delivers just that.
We are AmericInn® by Wyndham, Baymont® by Wyndham, Days Inn® by Wyndham, Dazzler® by Wyndham, Dolce Hotels and Resorts® by Wyndham, Esplendor® Boutique Hotels by Wyndham, Hawthorn Suites by Wyndham®, Howard Johnson® by Wyndham, La Quinta® Inns & Suites, Microtel by Wyndham®, Ramada Encore by Wyndham, Ramada Worldwide® by Wyndham, Super 8® by Wyndham, The Trademark Collection® by Wyndham, Travelodge® by Wyndham, TRYP by Wyndham®, Wingate by Wyndham®, Wyndham Garden®, Wyndham Grand® and Wyndham Hotels and Resorts®.
Headquartered in Parsippany, N.J. with offices around the globe in London, Shanghai, Buenos Aires, Dubai and more, Wyndham Hotels & Resorts employs approximately 15,000 team members worldwide.
Job Location: Wyndham Garden Dammam, Building 6929, 18th Street, Dammam, Eastern Province 32242
Employment Status: Full-time
In some locations around the world, Wyndham Hotels & Resorts manages hotel properties on behalf of a third party owner. At many of those properties, the Hotel owner is the actual employer, and Wyndham Hotels & Resorts performs recruiting and hiring functions on behalf of the owner. I understand and agree that, by applying through this site, I may be applying for a position with a company other than Wyndham Hotels & Resorts where Wyndham Hotels & Resorts is serving only as the recruiter and will not be my actual employer.Read Full Description