Financial Reporting Analyst

at ALEC
Published November 16, 2022
Location Dubai, United Arab Emirates
Category Finance  
Job Type Full-Time  

Description

ALEC Engineering and Contracting L.LC. (ALEC), part of the Investment Corporation of Dubai (ICD), is a large construction company with related businesses operating in the GCC with a presence in Africa. ALEC has consistently evolved and grown over the last 20 years to become a trusted partner for the execution of complex and iconic construction projects. The company builds and provides construction solutions to exceed our clients’ expectations for quality, safety, functionality, and aesthetics.

ALEC has extensive experience in complex projects across diverse sectors including airports, retail, hotels & resorts, high-rise buildings, themed projects as well as construction management, design management, estimating, cost planning and procurement.

ALEC also possesses a Design and Build capability, which enables us to provide integrated construction solutions to our clients. ALEC offers its clients a complete turnkey solution with construction, MEP, fit-out, energy efficiency solutions and solar opportunities, facilities management capabilities, heavy equipment rental as well as technology systems.

We are currently seeking a highly motivated and experienced Financial Reporting Analyst to join our team.

Position Overview

The Financial Reporting Analyst role is to provide support to the Financial Reporting Manager on financial performance matters and assist in creating and implementing forecasting / budgeting tools and strategies that provide key stakeholders with relevant, accurate and timely management information which supports executive level decision making.

This role will work closely with various stakeholders including Accounting, Finance, and financial system teams to solve complex problems that directly impact the financial reporting, plus collaborating with Operations teams to enhance the overall financial performance. The appointed candidate will assist in drafting the consolidated financial statements of the ALEC Group as well as the stand-alone financial statements.

Responsibilities

Providing timely, relevant, and accurate reports and analysis of performance against historical, budgeted, and forecasted results to facilitate decision-making toward the achievement of the budget and strategic plan
Analyzing current and past financial data and performance, and preparing reports and projections based on this analysis – key performance metrics, variance analysis, identifying trends and red flagging adverse events that could impact the business

Providing detailed analysis and commentary on Business Unit results on a weekly and/or monthly basis
Adopting a business partnering approach and providing essential financial advice and support to key stakeholders
Ensuring business growth objectives are achieved through planning, coordination and production of budgets and forecasts in a timely manner
Maintaining and developing financial models to aid planning processes, ensuring quality, accuracy, and focused analytical review
Managing implementation and development of online analytical reporting tools and design efficient reports and databases

Determining the company’s overall financial health, primarily by using key financial ratios such as the debt-to-equity ratio, current ratio, and interest coverage ratio
Supporting the interim and year end audit process by liaising with external auditors and preparing and consolidating relevant information as and when required in a timely manner
Preparing of periodic reports for requirements and compliance
Participating in the automation of processes and system implementation for Finance as a key project member (i.e. ERP, BI Tool)
Working closely with the accounting team to ensure accurate financial reporting
Preparing of ad hoc reports and analysis as required by management
Positively develops relationships with key stakeholders and business partners

Requirements

Master’s / bachelor's degree with strong academic credentials in Accounting
A professional accounting qualification e.g. CA, CPA, ACCA, or equivalent qualification

A very strong knowledge and experience of over 3 to 5 years in Financial Reporting, ideally within a large professional services company or similar environment
Previous experience in an analytical role advantageous
Excellent MS Office software proficiency: strong Excel skills required
Thorough understanding of International Financial Reporting Standards (IFRS)
Strong analytical skills and attention to detail – financial modelling experience an advantage

Other Skills/Abilities

Ability to collaborate with internal teams and management in an effective and productive manner to ensure requirements are being met
Strong analytical, problem-solving, and interpersonal skills
Excellent follow-up and time management
Deadline driven and goal oriented
Ability to coordinate several projects simultaneously and strong communication skills
Technically agile and proactive technical troubleshooting ability
Solution-focused

When applying, please ensure you attach a copy of your CV

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