Senior Year-End Closing Specialist

🏗 We're Hiring: Senior Year-End Closing Specialist
📍 Location: United Arab Emirates (Remote)
🕒 Employment Type: Full-Time
💼 Experience Level: Mid-Level to Senior
🌐 Work Arrangement: Fully Remote
About Us
We are a construction-focused organization committed to financial transparency, commercial excellence, operational efficiency, and effective project delivery. Our multidisciplinary teams collaborate across Project Management, Construction, Engineering, Procurement, Commercial, Legal, Finance, Human Resources, Design, Quality, HSE, Consultants, Contractors, Suppliers, Logistics, Administration, Information Technology, and Executive Leadership to ensure accurate financial reporting, strong internal controls, and effective business governance.
We recognize the importance of reliable financial information in supporting project performance, resource allocation, contractual obligations, cash flow management, and strategic decision-making. Through structured financial processes, disciplined reconciliation, and continuous improvement, we strive to maintain accurate accounting records and deliver timely, compliant financial statements.
The Role
We are seeking an experienced Senior Year-End Closing Specialist to lead and coordinate year-end accounting close activities, financial reconciliations, adjusting journal entries, reporting schedules, and audit preparation across the organization.
The successful candidate will oversee the completion of year-end financial processes, ensuring that general ledger balances, project accounts, revenue, expenses, assets, liabilities, accruals, provisions, and intercompany transactions are accurately recorded and reconciled. The role requires strong technical accounting knowledge, excellent analytical skills, an understanding of financial reporting standards, and the ability to coordinate effectively with internal departments, external auditors, and senior management.
Working closely with Finance, Accounting, Commercial, Procurement, Project Management, Legal, and other relevant stakeholders, the Senior Year-End Closing Specialist will help maintain financial accuracy, resolve discrepancies, strengthen closing controls, and support the timely preparation of financial statements and audit-ready documentation.
Key Responsibilities
Lead and coordinate the annual financial closing process, ensuring all assigned accounting activities are completed accurately and within established deadlines.
Develop, maintain, and monitor comprehensive year-end closing calendars, task trackers, reporting schedules, and departmental submission timelines.
Coordinate closing activities across Finance, Accounting, Commercial, Procurement, Project Management, Human Resources, Legal, and other relevant business functions.
Establish clear responsibilities, deadlines, dependencies, and escalation procedures for year-end close activities.
Review general ledger accounts to ensure balances are complete, accurate, properly classified, and supported by appropriate documentation.
Coordinate the preparation, review, approval, and posting of year-end adjusting journal entries.
Verify that accounting transactions are recorded in the correct financial period in accordance with applicable accounting policies.
Review accruals, prepayments, provisions, depreciation, amortization, reclassifications, and other year-end adjustments.
Ensure that revenue, costs, expenses, assets, liabilities, and equity balances are accurately reflected in the financial records.
Perform detailed balance sheet reconciliations and investigate outstanding reconciling items.
Review bank reconciliations, accounts receivable, accounts payable, fixed assets, inventory, payroll, tax accounts, and other material ledger balances.
Coordinate the reconciliation of intercompany balances, related-party transactions, and internal charges between business units or legal entities.
Investigate unusual transactions, unexpected balance movements, long-outstanding items, and inconsistencies identified during the closing process.
Ensure that all material account balances are supported by complete schedules, appropriate evidence, and documented review.
Coordinate the preparation of trial balances and ensure that ledger balances are consistent with supporting accounting records.
Review the completeness and accuracy of financial statement mappings and account classifications.
Support the preparation of year-end financial statements, including the statement of financial position, statement of profit or loss, statement of cash flows, and accompanying disclosures, as applicable.
Prepare supporting schedules for financial reporting, management reporting, statutory reporting, and external audit requirements.
Review financial results against budgets, forecasts, prior periods, and approved management expectations.
Investigate significant variances and coordinate explanations with relevant budget owners, project teams, and department heads.
Support the preparation of year-end management reports covering profitability, project performance, operating expenses, working capital, cash flow, and financial position.
Coordinate revenue and cost recognition activities for construction projects in accordance with applicable accounting standards, contractual terms, and approved accounting policies.
Review project-related revenue, work in progress, contract assets, contract liabilities, retention balances, and project cost allocations, where applicable.
Coordinate with Commercial and Project Management teams to validate project valuations, cost-to-complete estimates, variation orders, claims, and other relevant financial inputs.
Review the accounting treatment of construction contracts and assess the completeness of supporting documentation for year-end reporting.
Ensure that project-related accruals, subcontractor costs, supplier invoices, committed costs, and unbilled expenses are appropriately assessed and recorded.
Coordinate with Procurement and Accounts Payable to identify goods and services received before year-end that require accruals or other accounting adjustments.
Review outstanding purchase orders, goods receipt records, supplier statements, subcontractor certifications, and pending invoices to support expense completeness.
Work with Commercial and Contracts teams to evaluate financial implications of contractual variations, claims, liquidated damages, retention arrangements, and other relevant matters.
Review fixed asset additions, disposals, transfers, depreciation charges, and construction-in-progress balances.
Coordinate physical verification or reconciliation activities for material fixed assets and investigate discrepancies where required.
Ensure that asset capitalization, depreciation methods, useful lives, and impairment considerations are consistent with approved accounting policies.
Review inventory balances, project materials, consumables, and other relevant stock records where these form part of the organization's financial reporting.
Coordinate with Human Resources and Payroll teams to reconcile salary costs, bonuses, leave provisions, end-of-service benefit obligations, and other employee-related liabilities, where applicable.
Review provisions and estimates for completeness, supporting evidence, accounting treatment, and appropriate management approval.
Coordinate with Treasury or Finance teams to reconcile bank accounts, loans, interest expenses, foreign currency balances, and financing-related transactions.
Review foreign currency revaluation entries and ensure that exchange differences are recorded in accordance with applicable accounting requirements.
Support the review of tax-related balances, indirect tax reconciliations, corporate tax provisions, and other year-end tax schedules in coordination with the relevant tax specialists.
Ensure that tax-related information required for financial reporting is complete, consistent, and supported by appropriate records.
Coordinate with relevant personnel to assess accounting implications of significant transactions, restructuring activities, asset impairments, contractual disputes, or other material events.

Work arrangement
Yes