Assistant Financial Controller

About The Ned Doha

Housed within Doha’s iconic former Ministry of Interior building, The Ned Doha is not just a hotel ,it is a refined luxury destination where heritage, elegance, and contemporary sophistication come together to create an exceptional experience.

About The Ned Doha

Housed within Doha’s iconic former Ministry of Interior building, The Ned Doha is not just a hotel ,it is a refined luxury destination where heritage, elegance, and contemporary sophistication come together to create an exceptional experience.

With seven distinctive dining concepts, 90 beautifully designed bedrooms, elegant event spaces, and Ned’s Club, our private members’ club complete with a rooftop terrace, spa, gym, and a breathtaking 30-metre outdoor pool, The Ned Doha blends heritage, creativity, and modern luxury into one vibrant experience.

DUTIES & RESPONSIBILITIES

Financial Operations & Internal Controls

• Oversee daily accounting operations, ensuring accurate transaction processing and compliance with The Ned Doha's financial policies and procedures.
• Review and approve daily journal entries, ensuring appropriate supporting documentation and authorizations before posting.
• Review daily Income Audit checklists and revenue reports, ensuring accuracy, timely distribution and escalation of discrepancies to the Director of Finance.
• Ensure daily and weekly accounting transactions are completed accurately and within established deadlines.
• Maintain effective internal controls and identify opportunities to improve financial processes and operational efficiency.

Financial Closing & Management Reporting

• Coordinate monthly and year-end financial closing activities, ensuring accurate and timely completion.
• Review and reconcile balance sheet accounts, ensuring outstanding items are investigated and resolved promptly.
• Prepare weekly financial reports, including The Ned P&L and bank balance updates.
• Prepare monthly financial statements and P&L reports for departmental and management review.
• Coordinate monthly P&L review meetings with Heads of Departments and finalise reports for the Director of Finance and Managing Director.
• Coordinate monthly and quarterly group consolidated financial reporting with the Finance team and TMF audit team.

Budgeting, Forecasting & Financial Analysis

• Assist the Director of Finance in preparing annual budgets, monthly forecasts and financial projections.
• Coordinate departmental input and ensure timely completion of forecasting and budgeting requirements.
• Analyse financial performance against budget, forecast and prior-year results, highlighting significant variances.
• Support Heads of Departments in understanding financial performance and making informed operational decisions.
• Identify opportunities for cost optimization and improved profitability.

Cash Flow, Banking & Working Capital

• Review cash collections, bank deposits and General Cashier activities to ensure compliance with financial controls.
• Oversee weekly and monthly bank reconciliations and ensure timely resolution of discrepancies.
• Prepare and update cash flow projections, monitoring anticipated receipts, payments and available funds.
• Coordinate supplier payment planning and fund allocation based on cash availability and operational priorities.
• Review Accounts Receivable and Accounts Payable ageing regularly, escalating critical outstanding balances to the Director of Finance.

Payroll & Cost Control

• Coordinate monthly payroll processing with the Paymaster, ensuring accuracy and timely submission for approval.
• Review payroll calculations, adjustments and supporting documentation before final authorization.
• Review weekly cost control flash reports and highlight significant variances requiring management attention.
• Monitor departmental expenses and support effective cost management in line with approved budgets.

Audit, Taxation & Statutory Compliance

• Coordinate annual external audits, ensuring timely preparation of financial schedules, reconciliations and supporting documentation.
• Liaise with external auditors to facilitate the timely completion of audited financial statements.
• Coordinate with tax advisors to ensure accurate and timely preparation and submission of annual income tax returns.
• Ensure monthly Withholding Tax declarations and settlements are completed within the applicable deadlines.
• Ensure overseas contracts are declared to the General Tax Authority in accordance with applicable requirements.
• Review management and contractual fee calculations to ensure accuracy and compliance with the relevant Management Agreemen