Senior Reporting Analyst Ali Zaid Al-Quraishi & Brothers Company (AZAQ)

Main Job Responsibilities

Monthly Closing and Management Reporting preparation

• Prepare the monthly management report ensuring adequacy, consistency of financial information and insightful commentary
• Provide clear commentary on engagement margins, utilization/realization, write offs, and drivers of variance.
• Partner with CSU leaders and FP&A to improve forecasting accuracy (backlog utilization, pipeline conversion, rate/mix).

Revenue Accounting, Invoice Generation and Collection

• Set up new engagements/projects (codes, rate cards, budgets, milestones, billing plans) per policy.
• Monitor WIP, unbilled revenue/contract assets, and change orders; partner with CSU leaders to resolve holds and overdue approvals.
• Apply correct revenue recognition for time & materials, fixed fee, retainers, and milestone contracts in line with IFRS 15 and firm policies.
• Track subcontractor/partner costs and pass through disbursements to ensure margin visibility and accurate client recharges.
• Support pre-bill review and convert WIP to invoices promptly; ensure tax treatment and client e-invoicing/portal submissions meet requirements.
• Reconcile retainers/advances, credit notes, writeups/downs, and revenue leakage (missing time, unbilled disbursements).
• Drive lock up (WIP + AR) and DSO improvements through proactive issue resolution with practices and Credit Control.

Annual Budgeting

• Support the development and rollout of budgeting protocols across service units.
• Lead annual budgeting processes for the Corporate Service Units, working with the Service Units leaders, the Finance Director and Head of FP&A
• Assist in reviewing and aligning budget submissions with Shared Services standards and KPIs

Intercompany & Cross Border Engagements

• Manage inter firm/intercompany billings including transfer pricing mark ups, withholding/tax gross ups, and eliminations.

Period Close and Core Accounting

Own month end close for assigned CSUs: pre close checks, accruals/deferrals, intercompany recharges, allocations.

Prepare and review balance sheet reconciliations (WIP & unbilled, AR, prepayments, fixed assets, payroll, VAT/indirect taxes, intercompany).

Ensure trial balance integrity; produce entity/practice P&L and balance sheet with variance analysis vs. budget/forecast.

Controls, Compliance and Audit

Operate and document key controls (JE approvals, reconciliations, revenue recognition checklists, user access, SoD).

Support internal/external audits with complete documentation, and close remediation actions on time.

Comply with IFRS, VAT//WHT rules, document retention, and firm accounting policies.

Other Responsibilities

• Assist in preparing board-level presentations and ad hoc assignments
• Oversee the implementation and maintenance of time tracking tools across service units.
• Ensure accurate time logging for resource planning, billing, and performance analysis.
• Collaborate with IT and operations teams to resolve system issues and enhance tool functionality.