About us: Arabian Oud's journey began in Riyadh's historic Souk al-Azal, sourcing one of the rarest scent profiles on earth, Oud, a staple of Middle Eastern perfumery for centuries. Today, headquartered in Saudi Arabia, we're a global fragrance house with over 1,200 stores and 400 products across 37 countries, including signature stores in Paris, Milano, and New York.
Job Purpose: The Financial Consolidation Manager is responsible for preparing and delivering accurate and timely consolidated financial statements for the Group, ensuring full compliance with International Financial Reporting Standards (IFRS/GAAP). The role oversees group consolidation processes, intercompany reconciliations and eliminations, and ensures the integrity and transparency of financial disclosures at the Group level.
Key Responsibilities:
- Prepare consolidated financial statements in accordance with international accounting standards (IFRS/GAAP).
- Manage intercompany reconciliations and elimination of intercompany transactions.
- Ensure accurate foreign currency translation within consolidated reports.
- Coordinate with finance teams across subsidiaries to collect and validate financial data.
- Prepare accurate financial disclosures for investor reporting and regulatory requirements.
- Enhance and optimize financial consolidation systems (e.g., Hyperion, SAP BPC).
- Support external audit processes and provide required documentation and analysis.
Qualifications & Experience:
- Bachelor’s degree in Accounting or Finance (professional certification such as CPA, ACCA, or CA preferred).
- Minimum of 7–10 years of experience in accounting and financial reporting, including at least 3 years in financial consolidation.
- Strong knowledge of IFRS and consolidation processes.
- Experience working within multinational corporate environments.
