General Accountant

Join Abdul Latif Jameel Company as a General Accounting Specialist!
We are a diversified organization with a rich history in the MENAT region, committed to establishing robust business relationships and delivering exceptional services. As a General Accounting Specialist, you will be involved in a range of finance-related activities aimed at ensuring accurate financial reporting and compliance with accounting standards.

Key Responsibilities:

• Assist in the preparation of management accounts and annual budgets.
• Coordinate with finance departments for the reconciliation of financial data.
• Oversee monthly financial closings and prepare financial reports.
• Ensure compliance with ALJ policies and regulatory standards.
• Supervise and mentor accounting staff to ensure accurate cash reconciliations.
• Conduct performance discussions with team members to assist in their professional development.

Qualifications:

• Bachelor’s Degree in Accounting or equivalent.
• Minimum 4 years of relevant experience.
• Strong skills in time management, problem sensitivity, and communication.
• Fluency in English required; Arabic is preferable.

Why Work for Us?
Joining our team means becoming part of a leading employer in the MENAT region with a wide array of opportunities for professional growth. Apply now to be part of our innovative and respectful culture!

Join UCC Holding as a General Accountant!
We are seeking a fresh graduate with a Bachelor's degree in Accounting or a related field to join our dynamic finance team.

Responsibilities:

• Create ad-hoc reports for various business needs
• Prepare tax documents
• Compile and analyze financial statements
• Manage budgeting and forecasting

Qualifications:

• Bachelor's degree in Accounting or related field
• Ability to interpret and analyze financial statements and periodicals
• Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)

About UCC Holding:
UCC Holding is a leading international Energy, Concessions, and Construction company, recognized for its commitment to innovation, quality, and sustainability. Join us and contribute to transformational developments that shape economies and communities.

About the Role:
We are seeking a Senior Accountant to manage and oversee all accounting and financial activities related to the company’s real estate and development projects. This role is critical for ensuring accurate project cost tracking, revenue recognition, budgeting, and financial reporting, while maintaining compliance with IFRS (including IFRS 15) and internal financial controls.

Key Responsibilities:

• Project Accounting & Financial Control:
  • Oversee end-to-end project accounting processes, including cost allocation, WIP management, and project asset capitalization.
  • Maintain accurate project ledgers and ensure correct classification of expenditures (materials, contractors, consultants, manpower, and overheads).
  • Review and validate project-related invoices, progress certificates, retention, and milestone payments.
  • Monitor project cash flow, commitments, and actual costs versus approved budgets.
  • Ensure accurate and timely revenue recognition in line with IFRS 15 and applicable real estate accounting standards.
  • Prepare project financial statements and project-specific management reports.
  • Closely monitor payments to contractors and vendors, ensuring compliance with contractual terms.
• Project Cost Monitoring:
  • Track project cost performance and identify variances between budget, forecast, and actual expenditure.
  • Prepare monthly project cost reports, dashboards, and variance analyses for project managers and senior management.
  • Support project managers in preparing budgets and cost-to-complete forecasts.
  • Prepare and update project budgets and forecasts in alignment with approved plans.
  • Maintain and monitor the commitments register (POs, contracts, subcontracts, and variations).
• Project Governance & Compliance:
  • Ensure project spending complies with Delegation of Authority (DOA) and internal financial controls.
  • Support financial controls over procurement, contract management, and subcontractor billing.
  • Coordinate with Internal Audit to address project-related financial risks.
  • Prepare documentation required by external auditors for project assets, revenue, and cost validation.
• General Accounting (Project-Linked):
  • Support month-end and year-end closing activities related to project accounting.
  • Reconcile project accounts, intercompany charges, and project-related balance sheet accounts.
  • Prepare asset capitalization schedules (PPE, investment properties, development properties).
  • Assist in VAT, Zakat, and tax reporting related to project costs and revenues.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 6 years of accounting experience, including at least 3 years in project accounting.
• Experience in real estate, construction, or project-based environments.
• Strong understanding of project accounting, cost control, and IFRS.