Finance Manager (Must Be a Chartered Accountant)

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.

• 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.

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

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.