Senior Accountant (Must be a Chartered Accountant)

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