Job Description

Company Description

Discover the warm hospitality of Sofitel Dubai The Palm, a luxurious 5-star beachfront resort nested on the East Crescent of the renowned Palm Jumeirah.


Nestled amongst lush greenery on the idyllic shores of the Arabian Gulf, Sofitel Dubai The Palm offers a tropical and relaxing sanctuary, only a short distance away from the vibrant, buzzing metropolis of Dubai.


With touches of French elegance interlaced throughout the resort, we invite guests to enjoy an environment "Where life lives" and indulge in excellence.


The resort comprises of 360 contemporary guest rooms and suites, 182 serviced apartments, 4 ultra-luxury villas, Sofitel Spa with L'Occitane, Fitness Centre, Kids Club and offers a large variety of dining options with 7 restaurants, 5 bars, and lounges.

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