Paymaster

Located adjacent to the residential tower, expert service and world-class luxury combine in the Raffles Hotel Jeddah, which is ready to welcome you and your guests at any moment. Here, the high standards, special touches, and trademark elegance of the Raffles brand are the ultimate compliment to the charm and beauty of a stay in Jeddah.

We are seeking a detail-oriented and efficient Paymaster to join our team in Jeddah, Saudi Arabia. In this crucial role, you will be responsible for managing cash flow, maintaining financial records, and ensuring accurate and timely payments for our organization.

• Oversee daily cash management operations, including receipts, disbursements, and reconciliations
• Process payroll and ensure timely payment of employees and vendors
• Maintain accurate financial records, prepare reports, and assist in financial statement preparation
• Manage petty cash and reconcile bank statements, resolving any discrepancies
• Ensure compliance with financial regulations and company policies
• Implement and maintain internal controls to safeguard company assets
• Collaborate with other departments to streamline financial processes and provide support during audits
• Stay updated on local financial regulations and labor laws in Saudi Arabia

• Bachelor's degree in Finance, Accounting, or related field with 3-5 years of experience in a similar role
• Proficiency in financial management software, payroll processing systems, and Microsoft Office Suite
• Strong knowledge of bookkeeping principles, cash management procedures, and banking operations
• Excellent attention to detail, accuracy, and organizational skills
• Solid understanding of financial regulations and compliance requirements, including Saudi labor laws
• Strong analytical, problem-solving, and communication skills
• Ability to maintain confidentiality and work under pressure
• CPA certification or other relevant financial certifications preferred

• Being a Raffles employee means embodying and conveying the brand and the company mindset through our Heartiest service culture.