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.
Position Overview:
The Head of Group Reporting role is to manage the Group Reporting Team responsible for the financial data reporting of consolidated and individual company Financial Statements. To provide support on managing external audits and the process, preparation and publication of all external reports, disclosures across the Group and to ensure compliance with IFRS and to provide recommendations to the Audit committee allowing them to make informed decisions. Also to manage internal group reporting from subsidiary entities and to provide reporting to the parent in line with set guidelines.
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.
Core Responsibilities:
- Lead the Group Reporting team to deliver on targets including mentoring, coaching and developing less experienced members of the Group and support wider finance teams.
- Develop a strong relationship with the company Senior Management, external providers and the company auditors to drive ALEC Reporting and Accounting matters.
- Manage and ensure compliance with statutory reporting requirements including the production of the Annual Report and all Quarterly Interim Reports for the group under IFRS and with the Group Reporting team in the preparation of the statutory accounts for the group subsidiaries under all relevant GAAP.
- Develop and maintain a strong financial control environment by challenging existing procedures and processes and designing, implementing and improving controls as necessary.
- Manage the implementation and development of online analytical reporting tools and design efficient reports and databases.
- Control all monthly group reporting including timely and accurate delivery of monthly group management accounts
- Support 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
- Lead the adoption and implementation of systems used for Reporting within the Finance team.
- Working closely with the accounting team to ensure accurate financial reporting.
- Preparation of ad hoc reports and analysis as required by management.
- Positively develop relationships with key stakeholders and business partners.
- Stay up to date with changes in IFRS standards and ensure compliance with relevant regulations and accounting principles.
Key Requirements:
- Preference for a Big 4 background
- A professional accounting qualification e.g. ACA, CA, CPA, ACCA, or equivalent qualification
- A very strong knowledge and experience of over 5 to 10 years in Financial Reporting, ideally within a large professional services company or similar environment
- Experience of using reporting tools such as Cognos, Oracle or One Stream would be a key advantage.
- Excellent MS Office software proficiency: strong Excel skills required
- Thorough understanding of International Financial Reporting Standards (IFRS) is imperative
- Strong analytical skills and attention to detail financial modelling experience an advantage
- Very strong English Language skills are a must Arabic Language skills an advantage.
