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

Additional Information :
The Owner is seeking a motivated and technically strong Financial Accountant to join the finance team at Sofitel 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.
Remote Work :
No
Employment Type :
Full-time
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