Mandarin Oriental Muscat is looking for a Financial & Cost Accountant to join our Finance team.

Are you a master of craft? Do you thrive in a team that succeeds together, demonstrating integrity and respect while acting responsibly? Do you embrace a growth mindset? We invite you to become a fan of the exceptional. 

Mandarin Oriental is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences located in prime destinations around the world, with a strong development pipeline. Increasingly recognized for creating some of the world’s most sought-after properties, the Group provides legendary service inspired by Asian heritage whilst representing the very cutting-edge of luxury experiences.

Mandarin Oriental Muscat

Situated in a prime beachfront location, Mandarin Oriental, Muscat is a chic urban resort that offers 150 stylishly appointed guestrooms and suites, five restaurants and bars, a lush Spa at Mandarin Oriental, and an outdoor swimming pool. The hotel features a one-of-a-kind ballroom boasting spectacular views of the Arabian Sea as well as a variety of banquet and meeting spaces to accommodate social and business events.

For those seeking a luxury living experience in one of Muscat’s most desirable districts, an exclusive collection of 155 Residences at Mandarin Oriental combine the Group’s legendary service, world-class amenities and sweeping sea or mountain views.

Key Responsibilities

Assist the Assistant Director of Finance and Director of Finance in ensuring all Accounting colleagues understand and follow the company’s accounting policies, procedures, and internal control standards.

• Supervise and monitor the daily operations of the Accounting Department to ensure smooth, efficient, and accurate workflow.
• Oversee month-end closing activities, including account reconciliations, account analysis, accruals, journal entries, and preparation of financial statements in accordance with corporate standards and generally accepted accounting principles.
• Review and verify journals, journal vouchers, general ledger (GL), and sub-ledger (SL) postings, ensuring balances are accurate and all contra/clearance accounts are cleared at month-end.
• Verify daily bank balances, prepare bank reconciliations for approval, and ensure revenue receipts are deposited accurately and on time.
• Review the accuracy of General Cashier reports, night audit reports, and hotel revenue transactions, ensuring compliance with established procedures.
• Ensure the timely and accurate submission of financial, tax, municipality fee, and license reports, maintaining full compliance with local legislation and company policies.
• Maintain an updated and accurate Chart of Accounts within the accounting system.
• Supervise the filing, retention, and maintenance of all accounting records and related documentation in accordance with company policy.
• Coordinate with internal and external auditors, preparing all necessary documents, reports, and reconciliations for audits.
• Ensure compliance with internal control frameworks, including the Control Self-Assessment Questionnaires (CSAQ).
• Conduct month-end inventories for all stores (F&B and non-F&B), including regular spot checks for outlets, Spa, and Boutique as per company policy.
• Ensure proper stock security, storage conditions, organization, issuance procedures, and stock rotation to maintain operational efficiency and reduce spoilage.
• Maintain par stock levels for all inventoried items while minimizing stockholding without compromising hotel operations.
• Perform three-way matching of invoices against receiving reports and purchase orders, verify quoted prices against invoice prices, and support Accounts Payable in resolving discrepancies.
• Prepare weekly F&B flash reports, month-end cost reconciliations, and assigned balance sheet reconciliations.
• Develop, update, and maintain recipe costing for food, beverage, and special menus, ensuring POS and Purchasing systems are aligned for accurate cost reporting.
• Review menu costing and support menu engineering initiatives to improve profitability.
• Conduct regular spot checks on purchasing, receiving, storing, and issuing procedures to strengthen controls and improve efficiency.
• Attend banquet functions and operational activities when necessary to maintain stock control and accuracy.
• Maintain close working relationships with the Director of F&B, Executive Chef, and all operational departments to improve cost control, menu pricing, and profitability.
• Work closely with the Executive Chef to monitor high-cost food items and support the Food & Beverage team in menu pricing and cost optimization.
• Support the planning, recruitment, onboarding, training, development, and performance management of Accounting colleagues.
• Supervise, coach, and evaluate Accounting team members, taking appropriate personnel action where required.
• Conduct monthly departmental meetings to communicate financial, operational, and company updates.
• Assist with forecasting, budgeting, financial planning, and analysis as required.
• Identify financial risks, control weaknesses, and profitability improvement opportunities, and escalate them to management.
• Maintain thorough knowledge of hotel policies, accounting regulations, and regional compliance requirements.
• Demonstrate high professional integrity, confidentiality, and ethical standards, and perform any other duties assigned by the Assistant Director of Finance and/or Director of Finance.

Our commitment to you

• Learning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
• MOstay. When you work as hard as our colleagues do, it’s important to take time off. As a member of the #MOfamily, you can stay with us wherever you go in the world. The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.
• Heath & Colleague Wellness. Finding the right work-life balance is important. Your wellbeing matters to us. A variety of health benefits and wellness programmes are offered to all our colleagues, globally.