Senior Accountant – Food & Beverage

PALAZZO VERSACE DUBAI; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the hospitality sector seeks a Senior Accountant to manage financial operations for its F&B outlet. The role involves overseeing accounting functions, preparing financial reports, and ensuring compliance with tax obligations. Candidates should possess a degree in Accounting or Finance, with a strong background in hospitality finance and at least five years of experience.

Qualifications

• Minimum 5 years of experience in accounting, with at least 2 years in F&B or hospitality.
• Strong knowledge of accounting principles and financial reporting.
• Proficient in Excel and financial modeling.

Responsibilities

• Oversee all accounting operations including general ledger and month-end closing.
• Prepare financial statements and P&L analysis for the F&B outlet.
• Monitor financial performance and highlight variances to budget.

Skills

Analytical skills

Organizational skills

Attention to detail

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

CPA or equivalent certification

Tools

POS systems

Inventory software

Accounting platforms

Excel

Job description

Overview:
We are seeking an experienced and detail-oriented Senior Accountant to join a sister company of Palazzo Versace Dubai and oversee the financial operations of F&B outlet. The ideal candidate will have a strong background in hospitality or restaurant finance and will play a key role in managing day-to-day accounting functions, cost control, and financial reporting. This position requires both hands-on accounting skills and strategic financial oversight.

Key Responsibilities:

• Oversee all accounting operations including general ledger, accounts payable/receivable, bank reconciliations, and month-end closing

• Prepare timely and accurate financial statements, management reports, and P&L analysis for the F&B outlet

• Monitor financial performance and highlight variances to budget/forecast with commentary

• Monitor and analyze cost of sales, food & beverage costs, labor, and overhead

• Support inventory management and conduct regular audits of stock, usage, and wastage

• Collaborate with the procurement and operations teams to improve cost efficiency and margin performance

• Ensure accurate recording of daily sales, promotions, discounts, and refunds

• Manage vendor payments, contracts, and reconciliation of supplier statements

• Maintain accurate records of tax filings, VAT, and statutory obligations

• Assist in preparation of annual budgets and financial forecasts

• Participate in internal and external audits, implementing any recommended improvements

Candidate Requirements:

• Bachelor’s degree in Accounting, Finance, or related field (CPA or equivalent certification preferred)

• Minimum 5 years of experience in accounting, with at least 2 years in F&B or hospitality

• Strong knowledge of accounting principles, financial reporting, and F&B cost control

• Experience with POS systems, inventory software, and accounting platforms

• Proficient in Excel and financial modeling

• Strong analytical and organizational skills with keen attention to detail

• Excellent communication and interpersonal skills

• Ability to work independently and in collaboration with cross-functional teams