Finance Manager (Must Be a Chartered Accountant)

Job Summary

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.

Job Description

• 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