Finance Director

Description

Join The Destination Management Company!DMC (Destination Management Company) is one of Red Sea Global (RSG) subsidiaries and is a destination management company that deploys knowledge, expertise, and resources, in the design and implementation of hotel accommodations, transportation, itineraries, activities and logistics for RSG destinations.We are a one stop shop for B2B and B2C customers and provide an authentic, unique and effective planning and booking solution from end to end. Our strong presence and cutting-edge technology enable us to deliver best in class services to all our clients.Our knowledgeable and talented customer care team are available around the clock to cater the needs of our clients and handle all types of queries with the highest level of luxury concierge services and a seamless guess experience from start to finish. DMC also offers Meet & Assist services across RSG destination ensuring a hassle-free travel experience for our esteemed guests.We are confident that with our unwavering commitment to excellence, DMC will set new standards in the travel and tourism industry in Saudi Arabia.Job Summary:The Finance Director leads the VRS Finance function within VRS’ Shared Services, overseeing all financial operations including Accounting, Budgeting & Forecasting, and Financial Reporting. This role ensures sound financial management, regulatory compliance, and strategic financial support to enable optimal organizational performance aligned with Visit Red Sea’s long-term goals.Key Responsibilities:1. Financial Leadership & StrategyProvide strategic financial direction and insights to senior leadership and the VRS Shared Services team.Align financial planning with Visit Red Sea’s organizational goals and long-term strategy.Act as a trusted financial advisor to the Head of VRS Shared Services and other division heads.2. Accounting & ComplianceOversee all accounting operations ensuring accuracy, integrity, and compliance with applicable regulations and standards.Ensure timely month-end and year-end close processes.Maintain internal controls and ensure adherence to financial policies and procedures.3. Budgeting & ForecastingLead the annual budgeting process across VRS Shared Services departments.Develop and manage rolling forecasts, variance analyses, and financial models.Partner with department heads to monitor budget performance and recommend corrective actions.4. Financial ReportingOversee the preparation and delivery of accurate and timely financial reports for internal and external stakeholders.Present financial results, key metrics, and recommendations to senior management.Ensure compliance with statutory and regulatory reporting requirements.5. Team ManagementLead, mentor, and develop the VRS Finance team including Accounting, Budgeting & Forecasting, and Financial Reporting sections.Set clear performance objectives and conduct regular performance reviews.Foster a high-performance, collaborative finance culture.Job Requirements:Bachelor’s degree in Finance, Accounting, or a related field (required).Master’s degree in Finance, Business Administration (MBA), or equivalent (preferred).Professional certification: CPA, CFA, ACCA, or CIMA (highly preferred).Minimum 10 years of progressive finance experience, with at least 5 years in a senior finance leadership role.Proven experience in a shared services, hospitality, tourism, or government-related environment is an advantage.Strong background in financial planning, accounting, and reporting within large-scale organizations.Key Competencies:Strategic thinking and financial acumen.Strong leadership and team development skills.Excellent analytical and problem-solving abilities.High proficiency in financial systems and ERP platforms (SAP, Oracle, or equivalent).Strong communication and stakeholder management skills.High integrity and commitment to governance and compliance.Ability to work in a dynamic, fast-paced environment aligned with Saudi Vision 2030 objectives.