SPECIALIST CONSOLIDATION & REPORTING📣 Job Ad

About the Role

alfanar is seeking a Specialist, Consolidation & Reporting to join its team in Riyadh. This full-time role is central to supporting financial consolidation and reporting across multiple entities, ensuring compliance with IFRS, maintaining system accuracy, and providing timely financial analysis. The ideal candidate will have 2-5 years of relevant experience in a similar capacity.

Core Financial and System Responsibilities

• Involve in monthly, quarterly, and annual financial consolidation across multiple entities.
• Prepare consolidated financial statements in alignment with IFRS requirements.
• Execute intercompany reconciliations and resolve any identified discrepancies.
• Maintain and update consolidation systems and tools, such as Prophix.
• Monitor data accuracy and overall system performance to ensure reliability.

Reporting, Analysis, and Coordination

• 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 various teams.

Audit Support and Process Enhancement

• Prepare audit documentation and formulate responses 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 within consolidation and reporting workflows.

Professional Attributes and Operational Standards

• Demonstrate a commitment to continuous professional development, acquiring updated soft and technical skills relevant to the role.
• Execute planned activities to meet operational and development targets efficiently, utilizing resources effectively within cost and time parameters.
• Proactively identify and resolve operational issues, escalating complex problems as necessary.
• Uphold quality standards, contributing to effective quality control processes and specifications.
• Contribute to business process improvements by coordinating written systems, policies, and procedures, and identifying automation opportunities.
• Ensure strict compliance with all relevant company policies, procedures, work instructions, and health, safety, and environmental regulations within the defined area of work.

Qualifications and Experience

• A minimum of 2-5 years of experience in financial consolidation and reporting.
• Strong understanding of IFRS requirements and financial reporting standards.
• Proficiency in consolidation systems and tools, with experience in platforms such as Prophix.
• Demonstrated ability to perform financial analysis, intercompany reconciliations, and contribute to audit processes.
• Commitment to quality, compliance, and continuous professional development in financial practices.