Senior Contingent Liability Evaluation Specialist

Job Title: Senior Contingent Liability Evaluation Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Work Arrangement: 100% Remote — Work From Home

Level: Senior

About the Role

We are seeking an experienced Senior Contingent Liability Evaluation Specialist to assess, analyze, and monitor potential financial obligations arising from legal disputes, contractual commitments, guarantees, regulatory matters, claims, and other uncertain events. The role focuses on evaluating liability exposure, assessing probability and financial impact, reviewing supporting documentation, and developing reliable estimates for financial reporting and risk management. Working remotely from the UAE, you will collaborate with finance, legal, compliance, risk management, and business teams to support appropriate liability recognition, disclosure, and monitoring.

Key Responsibilities

• Evaluate actual and potential contingent liabilities arising from legal, contractual, regulatory, operational, and commercial matters.
• Analyze claims, disputes, guarantees, indemnities, warranties, litigation matters, and other uncertain financial obligations.
• Assess the probability, timing, and potential financial impact of identified liability exposures.
• Review supporting documentation, including contracts, legal correspondence, claims records, insurance policies, and management assessments.
• Develop financial models to estimate potential liability exposure under different scenarios.
• Evaluate whether obligations meet applicable criteria for recognition, measurement, or disclosure under relevant accounting standards.
• Apply relevant provisions and contingent liability guidance, including IAS 37 where applicable.
• Assess the reasonableness of assumptions used in liability estimates, including settlement values, probability assessments, and expected resolution periods.
• Conduct sensitivity and scenario analyses to quantify possible changes in financial exposure.
• Review historical claims, settlements, disputes, and payment patterns to support liability estimation.
• Coordinate with legal and external advisers to obtain relevant information about the status and potential outcomes of disputes.
• Evaluate contractual guarantees, indemnification clauses, performance obligations, and financial commitments.
• Assess the potential impact of contingent liabilities on financial statements, cash flow forecasts, and financial risk indicators.
• Monitor changes in existing liability exposures and update assessments when new information becomes available.
• Reconcile liability schedules with general ledger balances and supporting financial records.
• Identify inconsistencies, incomplete documentation, and weaknesses in liability assessment processes.
• Prepare contingent liability registers, exposure summaries, financial reports, and management presentations.
• Support period-end financial close activities through liability reviews, reconciliations, and disclosure documentation.
• Assist internal and external audit teams by providing supporting evidence, calculation methodologies, and assessment records.
• Establish standardized evaluation procedures, reporting templates, and documentation controls.
• Recommend improvements to liability monitoring, escalation procedures, and financial risk management practices.
• Maintain confidentiality when handling sensitive legal, commercial, regulatory, and financial information.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, Risk Management, or a related discipline.
• Professional qualifications such as ACCA, CPA, ACA, CIMA, or equivalent are highly desirable.
• A postgraduate qualification in Finance, Accounting, or Risk Management is an advantage.
• Significant experience in contingent liability evaluation, financial reporting, risk assessment, audit, or corporate finance.
• Strong understanding of provisions, contingent liabilities, and contingent assets under relevant accounting frameworks.
• Practical knowledge of IAS 37 and related IFRS requirements where applicable.
• Experience evaluating litigation exposure, contractual claims, guarantees, indemnities, and other potential obligations.
• Ability to interpret financial statements, contracts, legal assessments, and supporting documentation.
• Experience developing liability estimation models and conducting financial scenario analysis.
• Strong understanding of probability assessments, expected financial exposure, and risk measurement.
• Familiarity with financial close procedures, general ledger reconciliations, and disclosure requirements.
• Advanced proficiency in Microsoft Excel and financial modeling tools.
• Experience with ERP, financial reporting, risk management, or governance systems.
• Strong analytical, quantitative, and investigative capabilities.
• Excellent report-writing and documentation skills.
• Ability to communicate complex financial exposures clearly to senior management and cross-functional stakeholders.
• Strong attention to detail, sound judgment, and professional integrity.
• Ability to manage sensitive matters and multiple deadlines independently in a remote environment.

What We Offer

• A fully remote, work-from-home position based in the UAE.
• Competitive compensation aligned with experience and qualifications.
• Opportunities to contribute to financial risk assessment and reporting quality.
• Collaboration with finance, legal, compliance, audit, and risk management professionals.
• Professional development in liability evaluation, financial reporting, and risk governance.

How to Apply

Interested candidates should submit an updated CV highlighting their experience in contingent liability assessment, financial reporting, risk evaluation, and liability estimation.

Application Subject: Application – Senior Contingent Liability Evaluation Specialist (UAE Remote)

• Candidates should confirm applicable employment arrangements, UAE residency requirements, and work authorization before accepting an offer. Legal opinions, formal legal representation, statutory accounting approvals, and regulated professional activities must be performed by appropriately licensed and authorized professionals.