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Accounting Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: UCC Holding
Full Time position
Listed on 2026-10-02
Job specializations:
  • Accounting
    Financial Reporting, Accounting Manager, Financial Compliance, Financial Controller
Salary/Wage Range or Industry Benchmark: 300000 - 520000 SAR Yearly SAR 300000.00 520000.00 YEAR
Job Description & How to Apply Below

UCC Holding is seeking an experienced Accounting Manager to lead financial accounting and reporting for its Saudi operations, supporting large-scale construction and infrastructure projects. The role requires a senior finance professional with proven experience in a Tier-1 contractor, EPC, or major construction organization
, combining strong technical accounting expertise with a comprehensive understanding of project financials, commercial operations, cash flow, and financial controls.

Key Responsibilities
  • Lead financial accounting, monthly closing, management reporting, and statutory financial reporting in accordance with IFRS and Group policies
    .
  • Oversee project accounting
    , including WIP, accruals, provisions, commitments, cost allocation, project profitability, and cost-to-complete.
  • Ensure appropriate IFRS 15 revenue recognition for construction contracts, including variations, claims, change orders, contract assets/liabilities, and unbilled revenue.
  • Partner closely with Commercial, Contracts, Project Controls, Procurement, and Project Management teams to ensure accurate project financial reporting and forecasting.
  • Oversee subcontractor and supplier accounting
    , including advances, retentions, accruals, certifications, payments, and reconciliations.
  • Drive accounts receivable, collections, working capital, and project cash-flow management
    , identifying risks and opportunities for improvement.
  • Ensure compliance with ZATCA, VAT, Zakat/tax, GOSI, and other applicable Saudi statutory requirements
    .
  • Manage internal and external audits, ensuring robust reconciliations, documentation, controls, and timely closure of audit observations.
  • Maintain strong financial governance and internal controls across project and corporate operations.
  • Ensure accuracy and integrity of financial data through SAP ERP
    , including effective utilization of relevant SAP finance and project-accounting processes.
  • Support continuous improvement, automation, and standardization of accounting and reporting processes within SAP.
  • Lead, develop, and mentor the accounting team, fostering a high-performance and accountable culture.
  • Provide senior management with timely insights on project financial performance, margins, cash flow, risks, and emerging financial issues
    .
Candidate Profile
  • 15+ years of progressive accounting/finance experience
    , with significant experience in construction, EPC, infrastructure, or other project-based businesses
    .
  • Proven experience with a Tier-1 contractor or major EPC organization
    ;
    Saudi/GCC experience strongly preferred.
  • Bachelor's degree in Accounting, Finance, or related discipline.
  • ACCA, CPA, CA, CMA, ACA or equivalent professional qualification preferred.
  • Strong technical knowledge of IFRS
    , particularly IFRS 15 and construction contract accounting.
  • Strong understanding of project cost accounting, WIP, EAC/forecasting, subcontractor accounting, revenue recognition, and working capital
    .
  • Strong knowledge of Saudi VAT/ZATCA requirements
    .
  • Advanced SAP experience with strong understanding of financial accounting, project accounting, cost controlling, and management reporting.
  • Excellent stakeholder-management, analytical, leadership, and communication skills.
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