The points below summarize the main duties and responsibilities of the role.
A. Group Financial Consolidation
- Prepare monthly, quarterly, and annual Group consolidations.
- Review subsidiary reporting packages for accuracy and completeness.
- Prepare consolidation journals, eliminations, and accounting adjustments.
- Calculate non-controlling interests and foreign currency translation adjustments.
B. Financial Reporting & Closing
- Prepare consolidated financial statements and related disclosures.
- Coordinate month-end and year-end closing activities across the Group.
- Perform variance analysis and explain key financial movements.
- Support budgeting and forecasting consolidation activities.
C. Intercompany & Balance Sheet Management
- Ensure reconciliation and clearance of intercompany balances and transactions.
- Prepare and review balance sheet reconciliations.
- Resolve outstanding reconciling items in a timely manner.
D. Audit, Compliance & Governance
- Act as the focal point for external auditors on consolidation matters.
- Support audit requirements and ensure timely closure of audit observations.
- Ensure compliance with Group policies, governance, and internal audit requirements.
E. Systems & Process Improvement
- Develop and maintain consolidation models, templates, and working papers.
- Support effective utilization of ERP and consolidation systems.
Identify opportunities to improve reporting processes and controls.
Specifications (Qualifications, Experience and Skills)
Bachelor’s degree in accounting, Finance, Commerce, or a related field.
Professional certification such as CPA, ACCA, CMA, DipIFR, or equivalent is preferred.
Minimum 10 years of relevant experience in Financial Accounting, Group Consolidation, Financial Reporting, Audit, or Corporate Finance.
Of which a minimum of 5 years in managing employees
English: Excellent command (speaking, reading and writing).
Arabic: Native command (speaking, reading and writing).