Financial Controller

Careers at UAE; Dubai; On-site; AED 223,200 - 334,800; Full time

Job summary

A leading financial firm in Dubai is seeking a Financial Controller to oversee financial control activities for their reinsurance division. The role involves managing financial reporting processes, ensuring compliance with UK GAAP and IFRS, and collaborating with operational teams across MENA. Ideal candidates will have a strong background in finance with excellent leadership and communication skills. This is a hybrid full-time position offering a competitive salary.

Qualifications

• Experience in leading financial reporting processes in accordance with UK GAAP and IFRS.
• Strong collaboration skills with operational and compliance teams.
• Familiarity with regulatory frameworks in MENA.

Responsibilities

• Oversee all financial control activities for reinsurance broking entity.
• Lead month-end close and financial reporting process.
• Ensure reconciliation of balance sheet accounts.
• Manage external audits and statutory financial statements.

Skills

Business Partnering

Financial reporting

Regulatory compliance

Technical accounting expertise

Job description

Financial Controller

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving… to our communities and being a part of our caring culture, you belong here.

Business unit

Dubai

Schedule

Full Time Permanent

Job type

Experienced Professional

Workplace

Hybrid

Your Responsibilities

Job Purpose: The Financial Controller – Lockton MENA Limited is responsible for overseeing all financial control activities for the reinsurance broking entity registered in DIFC, and will assume additional oversight responsibilities for Lockton Reinsurance Brokers KSA (LRB KSA) once live. The role combines technical accounting expertise with commercial insight to support business growth, financial integrity, and regulatory compliance. Reporting to the Regional Financial Controller, this role works closely with broking, compliance, and operations teams across MENA to ensure accurate reporting, financial governance, and strategic support in line with UK GAAP, IFRS, and regional regulatory frameworks.

• Lead the month-end close and financial reporting process for Lockton MENA Limited and LRB KSA (once live), ensuring timely and accurate reporting in accordance with UK GAAP and IFRS.
• Manage general ledger integrity including journal entries, reconciliations, accruals, prepayments, and intercompany transactions.
• Ensure all balance sheet accounts are reconciled monthly with appropriate supporting documentation.
• Oversee correct handling, reconciliation, and reporting of Client Money Accounts (CMA) for both entities.
• Prepare and submit all DFSA returns within deadline dates for Lockton MENA Limited.
• Coordinate with the local KSA finance team and external consultants to ensure compliance with the KSA Insurance Authority’s financial reporting and regulatory obligations, including ZATCA VAT/e‑invoicing compliance.
• Maintain readiness for inspection and regulatory audits across both jurisdictions.
• Monitor cash flow and capital adequacy in line with DFSA EBCM and KSA regulatory requirements.

Qualifications

Business Partnering

• Act as finance partner to broking, compliance, and operational teams in both DIFC and KSA.
• Provide guidance on client pricing, commercial terms & contract structuring.
• Collaborate on MENA‑wide finance initiatives and group‑wide projects
• Audit, Tax & External Reporting
• Manage external audits and statutory financial statements for Lockton MENA Limited
• Support – …given …"