Accountant - Snr

Are you an experienced, detail-oriented Accounting professional passionate about financial integrity, general ledger management, and corporate compliance

Do you have strong knowledge of UAE financial regulations/IFRS and experience managing full-cycle accounting within large-scale construction or industrial environments

Who are we

ALEC Holdings PJSC, part of the Investment Corporation of ICD (ICD), is a leading GCC construction group with over two decades of success delivering some of the region's most complex and high-profile projects. As a proudly publicly listed company, ALEC continues to raise the bar for quality, innovation, and excellence in construction, driving iconic developments that shape skylines across the Middle East.

In the UAE, ALEC has delivered many of the nation's most iconic developments, operating as a fully integrated contractor through specialist business units that provide end-to-end construction solutions.

ALEC provides strategic leadership, operational oversight, and shared services that support the performance and growth of all businesses within the Group. From governance, finance, and talent to innovation, digital systems, and sustainability, the Head Office acts as the central hub that enables each business unit to deliver with confidence, consistency, and excellence across the construction and engineering value chain.

Why Join Us

As a Senior Accountant at ALEC, you will play a vital role in overseeing financial governance, month-end and year-end close processes, reporting, and statutory compliance across our major entities and projects. In this role, you will manage entity-level P&Ls and balance sheets, ensure strict compliance with IFRS, perform detailed account reconciliations, and establish strong balance sheet controls to deliver precise, timely financial insights to management. Combining technical accounting expertise with a practical understanding of business operations, particularly within contract-driven, inventory, and cost-heavy environments, your expertise will ensure sound internal controls, seamless collaboration between operational sites and Head Office Finance, and maximum financial integrity. At ALEC, we are about more than just building iconic structures; we are about building exceptional careers, and by joining our team, you will make a tangible impact by safeguarding our financial health, optimizing cash flow processes, and upholding the highest standards of financial management.

About Your Team

Our Finance & Accounting team plays a critical role in supporting a sustainable, compliant, and fiscally sound organization. Working closely with Commercial Management, Procurement, Site Operations, Internal Audit, and Corporate Finance, the team ensures financial clarity, precise forecasting, and regulatory compliance.

We are committed to maintaining accurate books of accounts, adhering to applicable international financial reporting standards (IFRS) and corporate policies, and providing an efficient financial support framework for our business units. Through proactive analysis, meticulous attention to detail, and continuous process optimization, the team contributes to a robust and transparent business environment.

Your Role

Financial Accounting & Reporting

• Manage the day-to-day financial accounting activities for multiple entities.
• Take ownership of the monthly P&L and balance sheet for assigned entities.
• Prepare and review monthly management accounts and financial reporting.
• Ensure accurate and timely month-end, quarter-end and year-end closing.
• Review financial results, investigate significant movements and identify unusual or non-recurring items.
• Ensure transactions are appropriately accounted for in accordance with IFRS and company accounting policies.
• Prepare supporting schedules and financial information for internal and external reporting requirements.

Balance Sheet & Account Reconciliations

• Take ownership of balance sheet reconciliations across multiple entities.
• Review and clear reconciling items on a timely basis.
• Investigate aged, unusual or unsupported balances and ensure appropriate corrective action.
• Maintain robust supporting documentation for all significant balance sheet accounts.
• Review intercompany balances and ensure timely reconciliation and resolution of differences.
• Monitor provisions, accruals, prepayments, receivables, payables, fixed assets, inventory and other key balance sheet accounts.

IFRS & Technical Accounting

• Apply IFRS principles to day-to-day accounting transactions and financial reporting.
• Assess accounting treatment for complex or unusual transactions and ensure appropriate recognition, measurement and disclosure.
• Support the implementation of new accounting standards and changes in accounting policies.
• Prepare technical accounting assessments and supporting documentation where required.
• Liaise with auditors and provide appropriate schedules, reconciliations and supporting documentation.
• Ensure audit queries are resolved accurately and within agreed deadlines.

Contracts

• Review and understand customer and supplier contracts and their financial/accounting implications.
• Work with Commercial, Projects and Operations teams to understand contractual terms affecting revenue, costs, billing and cash flows.
• Support the appropriate accounting treatment of contract-related transactions.
• Understand key contractual mechanisms such as variations, retentions, advance payments, claims, milestones, certifications and payment terms.
• Assist with revenue recognition assessments and contract accounting, particularly within construction or project-based environments.

Inventory & Cost Accounting

• Review and monitor inventory accounting and valuation where applicable.
• Ensure appropriate accounting for raw materials, work-in-progress and finished goods.
• Review inventory provisions, slow-moving and obsolete inventory.
• Reconcile inventory sub-ledgers to the general ledger and investigate discrepancies.
• Support cost accounting activities and analysis where required.
• Understanding of manufacturing cost structures, product costing and cost allocation will be advantageous.
• Work closely with operational teams to improve financial controls over inventory and costs.

Management & Business Support

• Provide financial analysis and accounting insight to management.
• Analyse P&L performance and explain significant variances against budget, forecast and prior periods.
• Support budgeting and forecasting processes.
• Work closely with Finance Managers and operational stakeholders.
• Provide ad-hoc financial and accounting analysis to support business decisions.
• Identify opportunities to improve financial controls, processes and reporting.

Internal Controls & Process Improvement

• Ensure appropriate financial controls are maintained across assigned entities.
• Identify weaknesses in accounting processes and recommend improvements.
• Support the development and implementation of accounting policies and procedures.
• Improve the efficiency and accuracy of month-end and reporting processes.
• Ensure financial records are complete, accurate and adequately supported.

What We're Looking For

Qualifications & Experience

• Minimum 5 years of relevant accounting experience
• A bachelor's degree and professional Accounting Qualification is mandatory
• Strong knowledge and practical application of IFRS.
• Proven experience managing the accounting and reporting of multiple entities.
• Strong experience managing entity-level P&Ls and balance sheets.
• Extensive experience with balance sheet reconciliations and month-end close.
• Strong understanding of financial reporting, accruals, provisions and accounting adjustments.
• Experience working with external auditors and responding to audit requirements.
• Strong Excel and ERP skills.
• Excellent analytical and problem-solving capabilities.

Key Competencies

• Strong technical accounting and IFRS knowledge
• Excellent balance sheet ownership and reconciliation skills
• Strong understanding of P&L and financial performance
• Commercially minded and operationally aware
• Strong contract and transaction analysis skills
• High attention to detail without losing sight of the bigger picture
• Strong analytical and problem-solving skills
• Ability to manage multiple entities and competing deadlines
• Confident dealing with auditors and senior stakeholders
• Strong communication and interpersonal skills
• Proactive approach to identifying and resolving accounting issues

What We Offer

• The chance to contribute to some of the UAE's most iconic projects.
• A collaborative, supportive environment that values innovation, integrity, and excellence.
• Opportunities for professional growth and career progression.
• Exposure to large-scale construction operations and complex financial structures.

Ready to build a stronger financial foundation

If you're inspired by what you've read and believe you're the right fit, we'd love to hear from you.

Please note we encourage you to apply as soon as possible, as this advert may close once we've found the right candidate.