Senior Accountant (Must be a Chartered Accountant)
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Job Summary
Purpose of the role:
The Owner is seeking a motivated and technically strong Senior Accountant at Sofitel Dubai the Palm. The role supports both hotel-level operations and corporate/ owner reporting requirements for the investment entity and its holding companies. The incumbent will be responsible for full-cycle financial reporting compliance audit coordination and support on tax and financing matters ensuring adherence to IFRS and UAE regulatory standards.
Responsible for:
Financial
- Manage and oversee the end-to-end financial reporting of the hotel investment entity and holding companies ensuring full compliance with IFRS owner requirements and UAE regulatory standards
- Coordinate and assist with the annual external audit and tax reporting processes with auditors and advisors ensuring complete accurate and timely submissions
- Monitor cash flow and liquidity manage capital calls and distributions and ensure accurate and timely execution of payment instructions
- Review management-fee / performance-fee / incentive fee calculations under the Hotel Management Agreement and ensure correct accounting treatment
- Work with the hotel finance team on monthly trial balance reviews and preparation of supporting schedules for payables receivables fixed assets borrowings provisions and other key accounts
- Oversee VAT Corporate Tax and other regulatory filings ensuring full compliance accuracy and timeliness
- Maintain the Fixed Asset Register recording additions disposals and depreciation and reconciling regularly with hotel operations
- Ensure adherence to accounting policies internal controls and documentation standards so that all files remain audit-ready and internally reviewed
- Compile and analyse financial and operating data for quarterly presentations submitted to different stakeholders
- Debt reporting prepare and maintain loan drawdown and repayment schedules monitor covenant compliance and coordinate with banks for information requests and the internal capital markets team for refinancing activities
- Build and maintain relationships with auditors external advisors lenders and service providers to ensure smooth financial operations
- Support special projects such as capex tracking and reviews system or process improvements to enhance financial efficiency and control.
Qualifications :
Education & professional background
- Must be a Chartered Accountant (ACCA ACA CPA or equivalent)
- 8 - 10 years of relevant post qualification experience in financial reporting audit or compliance roles.
- Deep understanding of IFRS (mandatory) and Ind-AS (preferred)
- Hospitality industry experience strongly preferred
Technical Expertise
- In-depth understanding of IFRS and complex group consolidations
- Expert knowledge of UAE VAT Corporate Tax and related regulatory compliance requirements
- Advanced proficiency in Microsoft Excel and familiarity with ERP / consolidation systems
Soft Skills & Working Style
- Capable of working independently in an individual-contributor role while effectively engaging with senior management
- Strong analytical and critical thinking skills; with exceptional attention to detail
- Comfortable in a fast-paced dynamic environment with multiple deadlines
- Excellent leadership communication and stakeholder management skills with the ability to streamline reporting processes and influence decision-making
- Outstanding written and verbal communication skills
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Internal Audit
- Accounting Tally
- General Ledger Accounting
- External Audit
- Microsoft Excel
- PMP
- Financial Accounting
- Financial Analysis
- Payroll
- Financial Recouncilation
- Financial statement
- Accounting and Finance
- ACCA
- CPA
- Financial Reporting
About Company
As a pioneer in the art of responsible hospitality, the Accor Group gathers more than 45 brands, 5,600 hotels, 10,000 restaurants, and lifestyle destinations in 110 countries. While each brand has its own personality, where you will be able to truly find yourself, they all share a com ... View more
