Consolidation & Reporting Specialist

About the Role

Alfanar is seeking a Consolidation & Reporting Specialist to join its team in Riyadh, Saudi Arabia. This full-time role involves supporting financial consolidation and reporting across various entities, ensuring compliance with IFRS standards, maintaining system accuracy, and providing timely financial analysis. The specialist will also contribute to audit processes and initiatives aimed at improving reporting efficiency.

Key Responsibilities

• Participate in monthly, quarterly, and annual financial consolidation 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.
• 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 across teams.
• Prepare audit documentation and respond to auditor inquiries, aligning with audit standards and internal control procedures.
• Participate in initiatives focused on improving reporting efficiency and accuracy, identifying areas for enhancement in consolidation and reporting workflows.

Role Accountabilities

• Maintain updated 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.
• Provide periodic reports detailing deviations and execution of planned tasks.
• Solve arising problems and escalate complex operational issues.
• Ensure quality requirements are met to develop effective quality control and processes.
• Coordinate well-defined written systems, policies, procedures, and seek automation opportunities.
• Comply with related policies, procedures, and work instructions.
• Ensure compliance with relevant safety, quality, and environmental management procedures and controls.

Qualifications and Experience

• 2-5 years of relevant experience.

Work Environment

This is a full-time position based in Riyadh, Riyadh, Saudi Arabia.