chief Accountant
Morgans Originals - Ras El Hekma
Company Description
Join a hotel that is a member of the Accor network, whose group brings together more than 45 brands, 5,500 hotels, 10,000 restaurants and lifestyle destinations. Here, we believe in you and what you bring to the table. There are many opportunities for development and advancement. Every gesture, every smile, every action, contributes to creating a positive and memorable impact for our customers, our colleagues and also for our planet. Together, we embody the vision of responsible hospitality.
Take the opportunity to become a Heartist®, and let your heart guide you in this world where life beats faster.
Job Description
Key Responsibilities
Financial Management
- Oversee day-to-day accounting operations (AP, AR, General Ledger, Payroll).
- Prepare and review monthly, quarterly, and annual financial statements.
- Ensure compliance with accounting standards and local regulations.
- Monitor cash flow, liquidity, and financial health of the hotel.
Budgeting & Forecasting
- Develop annual budgets in coordination with department heads.
- Monitor actual performance vs. budget and analyze variances.
- Provide financial forecasts and strategic recommendations.
Cost Control
- Implement and monitor cost control systems across departments (F&B, Rooms, etc.).
- Analyze cost of sales, labor costs, and operational expenses.
- Ensure proper inventory control procedures.
Internal Controls & Compliance
- Establish and maintain strong internal control systems.
- Ensure compliance with hotel policies, tax laws, and audit requirements.
- Coordinate internal and external audits.
Reporting & Analysis
- Prepare financial reports for senior management.
- Provide insights on profitability, revenue trends, and cost efficiency.
- Support decision-making with financial data analysis.
Team Leadership
- Supervise and train accounting staff.
- Ensure high performance and adherence to deadlines.
- Foster a professional and ethical work environment.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field.
- Professional certification (CPA, CMA, ACCA) is preferred.
- 7–10 years of accounting experience, with at least 3–5 years in hospitality or luxury hotels.
- Strong knowledge of hotel accounting systems (e.g., Opera, Sun, or similar).
- Excellent knowledge of IFRS / local accounting standards.
Reporting Line
- Reports directly to: Finance Director / General Manager
Qualifications
Skills & Competencies
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Leadership and team management abilities.
- Excellent communication and reporting skills.
- Ability to work under pressure and meet deadlines.
- Strong understanding of luxury hospitality standards.
Working Conditions
- Based in a luxury hotel environment.
- May require extended hours during audits, month-end, and year-end closing.
KPIs (Key Performance Indicators)
- Accuracy and timeliness of financial reports.
- Budget variance control.
- Cost efficiency ratios.
- Audit results and compliance level.
- Cash flow management effectiveness.
Additional Information
Your team and working environment:
In 1-2 sentences, introduce the team, property or office environment in a way that reflects the culture
Note: Customization may be included for any specific local or legislative requirements, such as work permits
Our commitment to Diversity & Inclusion:
We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.