Riyadh Consolidation & Reporting Specialist

Consolidation & Reporting Specialist Job Details | alfanar | Back to alfanar Consolidation & Reporting Specialist Description:  . Job Purpose 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 Financial Consolidation & Reporting: 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. Collaboration & Coordination: 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 HR Proficiency: 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 escalate 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 automations opportunities as much as possible. Compliance: Comply to 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 Work Experience 2 to 4 Years Technical / Functional Competencies Accounting Methods Financial Reporting Coordination and Consolidation Consolidation of Cost Accounts