Financial Accountant

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.

Job Description

• Assist the Finance Manager in the preparation of all reporting and analysis requirements, regardless of reporting frequency (daily, weekly, monthly, quarterly, annual, and ad-hoc). This includes posting vouchers.
• Ensure that the information presented in all reports is accurate and reflects actual business transactions.
• Ensure all reports are prepared on time, meeting all deadlines.
• Assist in conducting surprise spot-checks on the General Cashier’s float periodically.
• Assist in conducting surprise spot-checks on all Outlet Cashiers' floats periodically, in addition to those performed by the General Cashier.
• Assist in conducting surprise stock-count inspections, in addition to or during the month-end stock count conducted by the Cost Controller’s office.
• Assist in preparing all groundwork required for statutory audits and tax/fee requirements.
• Provide assistance during the internal and external audit review processes.
• Administer all tax filings and government reporting procedures to ensure accurate, timely information is provided in compliance with laws and regulations.
• Maintain the General Ledger with journal entries.
• Perform month-end reconciliation of Balance Sheet accounts.
• Prepare bank reconciliations for online statements (daily and monthly).
• Prepare monthly assigned journals and allocate shared expenses among departments.
• Assist in compiling departmental budgets and forecasts.
• Maintain the Fixed Asset Register.
• Possess full working knowledge and the capability to supervise, correct, and demonstrate all duties and tasks in the assigned place of work to the required standard.
• Be entirely flexible and willing to rotate within different sub-departments of the Accounting & Finance Department.
• Be fully conversant with all services and facilities offered by the hotel.
• Ensure all files and reports are properly filed for future reference.
• Assist in conducting quarterly, bi-yearly, and yearly inventories of operating equipment.
• Perform any other reasonable duties as assigned by the Finance Manager.
  
  

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field.
• Proven experience in finance, accounting, or a similar role, preferably within the hospitality or service industry.
• Strong knowledge of accounting principles and financial reporting standards.
• Advanced Microsoft Excel skills, including familiarity with complex formulas, pivot tables, and financial modeling.
• Strong attention to detail and accuracy in financial reporting and analysis.
• Ability to handle multiple tasks and meet tight deadlines with effective time management skills.
• Knowledge of tax regulations and compliance requirements.
• Experience with general ledger management, bank reconciliations, and month-end closing procedures.
• Strong analytical and problem-solving skills to identify discrepancies and suggest improvements.
• Excellent communication skills, both written and verbal.
• Ability to work independently and as part of a team in a fast-paced environment.
• Knowledge of audit processes, both internal and external.
• Experience in preparing financial statements, budgets, and forecasts.
• Familiarity with financial regulations in the country of operation.
• High level of discretion and confidentiality in handling sensitive financial data.