Finance Manager - Multi-Property Hotels

EWAA Hotels is a distinguished group of Hotels & Resorts offering exceptional hospitality and quality services to guests. With a portfolio that includes 80 state-of-the-art properties across 14 cities in Saudi Arabia, EWAA Hotels caters to both business and personal needs through amenities like spacious conference halls, exhibition centers, and specialized catering. The group includes renowned brands such as Grand Plaza Hotels & Resorts, Al Muhaidb Hotels & Residence, and EWAA Express Hotels. Committed to sustainability, EWAA invests in its human capital and emphasizes creating a unique experience for guests. Join EWAA Hotels to contribute to achieving its vision and mission of excellence and community service.

Role Description

The Finance Manager will oversee and manage the financial operations of EWAA Hotels. Responsibilities include developing budgets, preparing financial reports, ensuring compliance with regulations, analyzing financial performance, and advising on financial planning and strategies. The Finance Manager will also manage accounts, oversee audits, and contribute to strategic decision-making to ensure the financial health and growth of the organization. This is a full-time, on-site role based in Jeddah.

Key Responsibilities

• Lead budgeting, forecasting, and cash flow management across multiple hotel properties.
• Consolidate and standardize financial reporting to support informed decision-making.
• Monitor financial performance and provide strategic recommendations to senior management.
• Strengthen internal controls across Finance, F&B, Procurement, Payroll, and operational functions.
• Manage CAPEX planning, investment evaluations, and ensure strong Return on Investment (ROI).
• Track and improve key hotel performance indicators, including RevPAR, GOPPAR, and Flow-Through.
• Ensure full compliance with Saudi regulations, including ZATCA requirements, VAT (15%), and Phase 2 E-Invoicing.
• Oversee audits, reconciliations, financial governance, and risk management activities.

Requirements

• Bachelor's degree in Finance, Accounting.
• Minimum 10 years of experience within the hotel industry.
• Minimum 5 years of experience in a Finance Manager position.
• Proven experience managing finance operations across multiple hotel properties.
• At least 5 years of experience overseeing F&B, Procurement, and Payroll financial controls.
• Minimum 1 year of experience managing CAPEX projects and evaluating ROI.
• Proven experience monitoring and improving hotel KPIs, including RevPAR, GOPPAR, and Flow-Through.
• Minimum 1 year of hands-on experience with ZATCA regulations, VAT (15%), and Phase 2 E-Invoicing.
• Strong knowledge of the Saudi regulatory, taxation, and compliance framework.
• Excellent leadership, analytical, communication, and strategic planning skills.