Financial Reporting & Consolidation Manager (Holding)

About the Role

Aroma City Group is seeking a Financial Reporting & Consolidation Manager (Holding) to join their finance leadership team in Jeddah, Saudi Arabia. This full-time role reports directly to the Group Financial Controller and is responsible for leading group-wide financial consolidation, statutory reporting, and compliance across various business entities within the holding company structure.

Key Responsibilities

• Formulate, standardize, and implement group-wide accounting policies, chart of accounts (COA) alignments, and internal control frameworks across all acquired and existing subsidiaries.
• Lead enhancements, automation, and reporting optimization within the group's enterprise consolidation systems and financial ERP modules.
• Follow up on internal audit action plans.
• Conduct financial reviews and assignments for group companies.

Core Duties

• Direct the end-to-end multi-entity monthly, quarterly, and annual financial consolidation process for all subsidiaries and business units.
• Prepare and review group consolidated financial statements in strict accordance with International Financial Reporting Standards (IFRS) and local regulatory frameworks.
• Supervise and resolve complex intercompany balances, transactions, unrealized profits, and equity accounting reconciliations across the holding portfolio.
• Develop detailed analytical reporting packages, variance analyses, and executive management decks for the Group Financial Controller and executive leadership.
• Act as the primary technical liaison for external auditors (Big 4) to coordinate year-end and interim group audit deliverables and technical disclosure notes.

Qualifications and Experience

Candidates should possess 5-10 years of relevant experience in financial reporting and consolidation, preferably within a holding company structure. The role requires strong technical proficiency in financial consolidation and statutory reporting.

Compensation

The monthly package for this position ranges from SAR 25,000 to SAR 28,000.

Work Environment

This is a full-time position based in Jeddah, Saudi Arabia, within a leading mega company in the holding sector.