Assistant Director / Senior Manager - Finance & Accounts
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Key skills for this role
About the Role
FIVE Hotels and Resorts seeks an experienced finance leader to oversee financial reporting, treasury, development finance, taxation, and internal controls. The role requires a qualified Chartered Accountant with 10-15 years of progressive experience in hospitality or real estate.
Key Skills for This Role
Responsibilities
- Lead preparation of standalone and consolidated financial statements in line with IFRS
- Manage intercompany reconciliations and eliminations
- Coordinate quarterly and annual audits across all legal entities
- Develop and maintain robust short and long term cash flow forecasts
- Oversee treasury operations, including intercompany fund transfers and FX exposure monitoring
- Maintain accurate accounting and cost reporting for ongoing and planned developments
- Manage all banking relationships and credit facilities
- Supervise VAT and Corporate Tax compliance for all group entities
- Oversee monthly revenue distribution to unit owners across operating properties
- Review and approve supplier payments through SAP Ariba workflows
- Oversee financial reporting and compliance for international entities in Spain and the US
Requirements
- Qualified Chartered Accountant (CA), CPA, or ACCA
- 10–15 years of progressive finance and accounting leadership experience
- Prior exposure to hospitality, real estate, or investment holding environments preferred
- In depth knowledge of IFRS, consolidation, taxation, and treasury management
- Strong knowledge of US GAAP and experience with PCAOB audit requirements
- Proficiency in SAP and Ariba systems strongly preferred
- Strong analytical and problem solving skills
- Excellent communication and stakeholder management capabilities
- High attention to detail, execution orientation, and resilience under pressure
- Role is based in Dubai, with periodic travel to international project sites
Full Job Posting
Overview
- FIVE Hotels and Resorts is hiring an Assistant Director / Senior Manager – Finance & Accounts to join the Finance Team.
- The role involves leading financial reporting, treasury, development finance, taxation, and internal controls.
- Based in Dubai with periodic travel to Spain and the US.
What We’re Looking For
- Qualified Chartered Accountant (CA), CPA, or ACCA; MBA is an added advantage.
- 10–15 years of progressive finance and accounting leadership experience.
- Prior exposure to hospitality, real estate, or investment holding environments preferred.
- In depth knowledge of IFRS, consolidation, taxation, and treasury management.
- Strong knowledge of US GAAP and experience working with PCAOB audit requirements.
- Proficiency in SAP and Ariba systems strongly preferred.
- Strong analytical and problem solving skills.
- Excellent communication and stakeholder management capabilities.
- High attention to detail, execution orientation, and resilience under pressure.
- Role is based in Dubai, with periodic travel to international project sites, especially Spain (Ibiza) and the United States (New York).
Key Responsibilities
- Lead preparation of standalone and consolidated financial statements in line with IFRS.
- Ensure compliance with statutory timelines and group consolidation standards.
- Manage intercompany reconciliations and eliminations.
- Coordinate quarterly and annual audits across all legal entities.
- Develop and maintain robust short and long term cash flow forecasts.
- Oversee treasury operations, including intercompany fund transfers and FX exposure monitoring.
- Maintain accurate accounting and cost reporting for all ongoing and planned developments.
- Manage all banking relationships and credit facilities.
- Supervise VAT and Corporate Tax compliance for all group entities.
- Oversee monthly revenue distribution to unit owners across operating properties.
- Review and approve supplier payments through SAP Ariba workflows.
- Oversee financial reporting and compliance for international entities in Spain and the US.
The Team & Culture
- Join a diverse and inclusive workforce of over 70 nationalities.
- Ranked 10th on the Great Workplaces in the UAE 2023 list of Large Organizations.
- Opportunity to work in a fast paced, award winning luxury hospitality environment.
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