About the Role
You will be responsible for overseeing project accounting and off-plan revenue recognition in compliance with IFRS 15, as well as managing project escrow accounts to ensure alignment with RERA and Dubai Land Department regulations. The role will require disciplined and precise management of accounting operations, project cost control, and delivering financial insights to senior management. You will play a key role in leading and developing the finance team, while fostering collaboration with various departments such as sales, procurement, and HR.
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Roles and Responsibilities
- Oversee project accounting and off-plan revenue recognition in accordance with IFRS 15, including percentage-of-completion calculations, contract assets/liabilities, customer advances, and sales commissions.
- Manage project escrow accounts and ensure compliance with RERA and Dubai Land Department regulations, including withdrawal requests and audit readiness.
- Lead project cost control through monthly cost-to-complete reviews, budget versus actual analysis, contractor payment certificates, variations, and profitability reporting.
- Oversee daily finance operations in SAP (FI/CO), ensuring accuracy in project, cost centre, and escrow data, while supporting ERP enhancements and implementations.
- Deliver monthly management accounts, financial statements, project performance reports, and cash flow forecasts to senior management.
- Manage budgeting, VAT and corporate tax compliance, external audits, and internal financial controls.
- Develop the finance team while collaborating closely with sales, projects, procurement, and HR.
- Maintain excellent verbal and written communication skills in English; additional languages are considered an advantage.
- Exhibit a flexible, service-oriented approach, acknowledging that travel requirements in luxury hospitality often extend beyond standard office hours.
- Demonstrate a hands-on, "Can Do" attitude with a desire to provide seamless travel experiences and exceptional internal customer service.
What We’re Looking For
- Bachelor's degree in Accounting or Finance, along with a recognised professional qualification (ACCA, CA, CPA, or CMA).
- Minimum of 8 years of finance experience, with at least 4 years in a UAE-based real estate developer.
- Strong hands-on experience in IFRS 15 off-plan revenue recognition, RERA/DLD escrow management, and project cost-to-complete reporting.
- Strong SAP (FI/CO) expertise, with experience in financial reporting, multi-entity consolidation, and preparation of full-year financial statements.
- Familiarity with budgeting, forecasting, cash flow management, UAE VAT, and corporate tax compliance.
- Previous involvement in SAP/ERP implementation or migration, external audits, and coordination with escrow banks.
- Strong technical accounting, analytical, and reporting skills, with effective communication ability to senior management.
- Proven ability to lead a team, manage multiple priorities, and collaborate cross-functionally.
- Fluent in English; Arabic language skills are advantageous.
- Ability to support urgent travel requirements outside standard business hours, including evenings, weekends, and public holidays when needed.
- Continually identify opportunities to improve travel processes, enhance operational efficiency, and elevate the overall travel experience.
What Success Looks Like
You will be part of a global, fast-growing business with a distinctive culture that values delivery and promotes growth. You will collaborate with a diverse, multicultural team and your contributions will be recognized across various functions, brands, and territories.
- You Connect: Acknowledge the impact of your work on the team, the guest, and the business.
- You Represent the Brand: Conduct yourself as a brand ambassador in every interaction.
- You Own It: Take full responsibility for your tasks and see them through to completion with minimal oversight.
- You Deliver: Ensure your work is accurate, timely, and aligns with the broader business and commercial goals.
- You Grow: Accept feedback constructively, develop skills intentionally, and view challenges as opportunities for improvement.
