Overview
Specialist, Consolidation & Reporting Jobs in Riyadh, Saudi Arabia at Alfanar
Position: SPECIALIST, CONSOLIDATION & REPORTING
Support financial consolidation and reporting across entities, ensuring IFRS compliance, system accuracy, and timely analysis, while contributing to audits and process improvements.
Key Accountability Areas
- Involvement in monthly, quarterly, and annual financial consolidation across multiple entities.
- Preparation of consolidated financial statements aligned with IFRS requirements.
- Execution of intercompany reconciliations and resolution of discrepancies.
Systems & Tools:
- Maintenance and updating of consolidation systems and tools (e.g., Prophix).
- Monitoring of data accuracy and system performance.
Financial Analysis & Disclosures:
- Contribution to internal management reporting and external financial disclosures.
- Support in variance analysis and financial performance reporting.
- Coordination with divisional finance teams for timely and accurate data submission.
- Communication of reporting requirements and timelines across teams.
Audit Support:
- Preparation of audit documentation and responses to auditor inquiries.
- Alignment with audit standards and internal control procedures.
Process Improvement:
- Participation in initiatives focused on improving reporting efficiency and accuracy.
- Identification of areas for enhancement in consolidation and reporting workflows.
Role Accountability
- Ability to obtain updated soft and technical skills related to the job.
Delivery:
- Perform the planned activities to meet the operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide a periodic report formatted by detailing the deviation and execution of planned tasks.
Problem-Solving:
- Solve any related problems arise and elevate any complex operational issues.
Quality:
- Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.
Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automation opportunities as much as possible.
Compliance:
- Comply with related policy and procedures and work instructions.
Health, Safety, and Environment:
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification
Bachelor Degree in Accounting and Finance or Any relevant field
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Title: Specialist, Consolidation & Reporting
Company: Alfanar
Location: Riyadh, Saudi Arabia
Category: