Consolidation & Reporting Specialist

About the Role

Alfanar Projects is seeking a Consolidation & Reporting Specialist to join our team in Riyadh. This full-time role involves supporting financial consolidation and reporting across various entities, ensuring compliance with IFRS, maintaining system accuracy, and providing timely financial analysis. The position requires 2-5 years of relevant experience.

Key Responsibilities

• Participate in monthly, quarterly, and annual financial consolidation processes across multiple entities.
• Prepare consolidated financial statements in accordance with IFRS requirements.
• Execute intercompany reconciliations and resolve any discrepancies.
• Maintain and update consolidation systems and tools, such as Prophix.
• Monitor data accuracy and system performance within consolidation tools.
• Contribute to internal management reporting and external financial disclosures.
• Support variance analysis and financial performance reporting.
• Coordinate with divisional finance teams to ensure timely and accurate data submission.
• Communicate reporting requirements and timelines effectively across teams.
• Prepare audit documentation and respond to auditor inquiries.
• Ensure alignment with audit standards and internal control procedures.
• Participate in initiatives aimed at improving reporting efficiency and accuracy.
• Identify areas for enhancement in consolidation and reporting workflows.

Role Accountabilities

• Continuously develop and update soft and technical skills relevant to the job.
• Perform planned activities to meet operational and development targets according to delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time parameters.
• Provide periodic reports detailing deviations and execution of planned tasks.
• Address and resolve operational problems, escalating complex issues as needed.
• Ensure adherence to quality requirements, including the development of effective quality control and processes.
• Coordinate well-defined written systems, policies, and procedures, seeking automation opportunities where possible.
• Comply with all relevant policies, procedures, and work instructions.
• Ensure compliance with safety, quality, and environmental management procedures and controls within the defined area of work.