Assistant Financial Controller Alaberah

Employer Active

Posted 15 min ago

Experience

4 - 7 Years

Education

Bachelor of Commerce(Commerce), Chartered Accountant(Chartered Accountant)

Nationality

Filipino, Sri Lankan, Nepali, Indian

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Serve as the primary financial advisor to the financial controller, providing actionable insights into business performance.

  • Prepare and present accurate, timely monthly/quarterly/annual financial statements and management reports.

  • Lead the annual budgeting process and develop rolling financial forecasts based on the company’s project pipeline and backlog.

  • Monitor and analyze WIP schedules for all active civil, telecom, MEP and LCS, projects to prevent profit fade and ensure accurate percentage-of-completion billing.

  • Collaborate closely with Project Managers and Estimators to analyze job costs (labor, materials, equipment) against budgets and identify variances early.

  • Review and approve subcontractor payment certificates, ensuring compliance with back-to-back payment terms and retention policies.

  • Aggressively manage and forecast cash flow to ensure adequate working capital for ongoing projects.

  • Manage banking relationships, trade finance facilities (Letters of Credit, Performance Bonds, Advance Payment Guarantees), and optimize facility utilization.

  • Oversee Accounts Receivable to minimize aging receivables and expedite collections from main contractors and clients.

  • Design, implement, and enforce strict internal controls to safeguard company assets, particularly materials and equipment on project sites.

  • Ensure full compliance with UAE VAT laws, Corporate Tax regulations, and IFRS (International Financial Reporting Standards).

  • Liaise with external auditors to ensure smooth and timely annual financial audits.

  • Lead, mentor, and evaluate the finance and accounting team (including the Chief Accountant, AP/AR clerks, and payroll officers).

Desired Candidate Profile

  • Bachelor’s degree in Accounting, Finance, or a related field.

  • A globally recognized professional accounting qualification will be an advantage (e.g., CA, CPA, ACCA, CMA).

  • Minimum 5 years of progressive financial management experience, with at least 3 years in Senior Finance Manager role within the UAE construction, MEP, or general contracting sector.

  • Deep understanding of construction accounting principles, WIP analysis, FIDIC contracts, and UAE banking/trade finance instruments.

  • Advanced proficiency in in Microsoft Excel and QuickBooks.

  • Strong leadership and communication skills, with the ability to translate complex financial data into clear operational strategies for non-financial project teams.

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Work In Progress WIP Analysis
  • Job Costing / Project Costing
  • Progress Billing / Payment Certificates
  • Project Margin Analysis / Profit Fade
  • Cash Flow Management & Forecasting
  • Budgeting & Rolling Forecasts
  • Internal Controls & Risk Management

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Alaberah

Al Aberah has implemented an integrated Quality, Health,. Safety and Environment Management System - QHSEMS (ISO 9001:2008 , ISO 14001: 2004 and OSHAS 18001 : 2007) this has been certified by TUV Register Quality Assurance. The company with trade licence no. 105703 is duly registered with the Department of Planning and Economy – Abu Dhabi with permitted activities that includes among others the following General Contracting of Civil Constructions, Computer Network Maintenance, On Shore and Off Shore Oil and Gas Field Services, Security Control and Fire Fighting equipments, Apparatus Installation, and Electromechanical Work Projects Contracting.

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