Accor (ibis Riyadh Olaya Street)
Position Overview & Role Purpose:
Are you an experienced and visionary financial leader with a deep mastery of corporate accounting and Saudi regulatory compliance? ibis Riyadh Olaya Street (an Accor property) is seeking a dedicated Chief Accountant to join its dynamic finance team in Riyadh, Saudi Arabia.
In this pivotal financial leadership role, you will oversee all daily accounting operations, direct month-end and year-end closing processes, manage internal controls, and serve as a strategic financial partner to senior management.
About the Organization (Accor / ibis):
Accor is a world-leading hospitality group operating over 5,100 properties globally. ibis is a leading vibrant economy hotel brand offering modern, comfortable, and reliable hospitality standards, backed by Accor’s renowned global network.
Key Responsibilities & Accounting Leadership Duties:
1. Financial Operations & Reporting:
– Oversee and manage all daily accounting functions, including general ledger maintenance, accounts payable and receivable, payroll processing, fixed asset management, and bank reconciliations.
– Prepare accurate, timely monthly, quarterly, and annual financial statements in accordance with applicable accounting standards and Saudi regulatory frameworks.
– Monitor cash flow, analyze budgets, and track financial performance to guide strategic business decisions.
2. Audit Coordination & Internal Controls:
– Coordinate internal and external audits, respond to audit findings transparently, and implement effective corrective action plans.
– Develop, implement, and maintain robust internal control frameworks to safeguard company assets and ensure absolute financial accuracy.
– Review journal entries, account reconciliations, and financial summaries to guarantee completeness.
3. Compliance & Team Management:
– Ensure full compliance with Saudi tax regulations, statutory reporting obligations, Zakat requirements, and internal corporate policies.
– Supervise, mentor, and evaluate accounting staff, fostering professional development and high performance standards.
– Collaborate with cross-functional departments by providing comprehensive financial analysis and strategic recommendations.
Qualifications, Required Experience & Core Competencies:
– Academic Credentials & Certifications:
* Bachelor’s Degree in Accounting, Finance, or a related field.
* Professional qualifications such as CPA, ACCA, CMA, or Saudi Certified Public Accountant (SCBA) certification preferred.
– Professional Experience:
* Minimum 7 to 10 years of progressive accounting experience, with at least 3 years in a supervisory or managerial accounting capacity within the hospitality or corporate sector.
– Skills & Personal Attributes:
* Comprehensive knowledge of accounting principles, financial reporting standards, taxation, and internal control frameworks.
* Proven expertise with ERP systems, modern accounting software, and advanced Microsoft Excel.
* Professional fluency in written and spoken English; Arabic language proficiency is a strong advantage.
Compensation & Benefits Package:
– Competitive, tax-free executive salary package aligned with regional standards in Saudi Arabia.
– Comprehensive medical and health insurance coverage.
– Housing and transportation provisions (in line with standard hotel packages).
– Staff dining privileges and global employee discount benefits across Accor’s worldwide hotel network.
– End-of-service benefits in accordance with Saudi Labor Law.
– Exceptional career advancement pathways within a global hospitality leader.
To apply for this job please visit careers.accor.com.