We are seeking a highly qualified Finance Manager (Must be a Chartered Accountant) to lead the financial operations of Sofitel Dubai The Palm. The ideal candidate will oversee budgeting, forecasting, financial reporting, and compliance while ensuring alignment with Accor's financial standards. Responsibilities include managing financial controls, optimizing cost efficiency, supporting strategic decision-making, and guiding the finance team to maintain accurate and timely financial records. Strong analytical skills, hotel industry experience, and a commitment to excellence are essential for this role.
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
Company:
Accor Hotels
Employment Type:
Full Time
Education Level:
Bachelor
Experience:
8 Years
Gender:
Mixed
*
Job Type:
Accountant
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