Our client is a leading Mega company in the field of Holding, currently seeking an experienced and technically proficient Financial Reporting & Consolidation Manager to join their finance leadership team in Jeddah, Saudi Arabia. Reporting directly to the Group Financial Controller, this role will lead and oversee group-wide financial consolidation, statutory reporting, and compliance across diverse business entities.
Key Responsibilities
1. Group Financial Consolidation: Direct the end-to-end multi-entity monthly, quarterly, and annual financial consolidation process for all subsidiaries and business units.
2. IFRS Compliance & Technical Accounting: Prepare and review group consolidated financial statements in strict accordance with International Financial Reporting Standards (IFRS) and local regulatory frameworks.
3. Intercompany Elimination & Reconciliation: Supervise and resolve complex intercompany balances, transactions, unrealized profits, and equity accounting reconciliations across the holding portfolio.
4. Management Reporting & Board Packs: Develop detailed analytical reporting packages, variance analyses, and executive management decks for the Group Financial Controller and executive leadership.
5. Audit & External Review Management: Act as the primary technical liaison for external auditors (Big 4) to coordinate year-end and interim group audit deliverables and technical disclosure notes.
6. Accounting Policies & Governance: Formulate, standardize, and implement group-wide accounting policies, chart of accounts (COA) alignments, and internal control frameworks across all acquired and existing subsidiaries.
7. Consolidation System & Process Optimization: Lead enhancements, automation, and reporting optimization within the group's enterprise consolidation systems and financial ERP modules.
8. Follow up on Internal audit action plans
9. Conduct financial reviews and assignments for group companies
Candidate Profile & Requirements
- Education & Credentials: Bachelor's degree in Finance or Accounting; active ACCA, CPA or CA qualification is mandatory.
- Experience: 7 to 10 years of progressive accounting and financial reporting experience, with proven prior tenure at a Big 4 accounting firm. (at least 3 years experience in GCC)
- Specialized Expertise: Demonstrated hands-on expertise in preparing advanced, complex consolidated financial statements for multi-entity holding groups.
- Languages: Fluent English (written and verbal).
- Location & Eligibility: Open exclusively to candidates currently residing inside Saudi Arabia.
- Work Schedule: 5 days per week.
- Availability: Immediate joiners or candidates with a maximum 30-day notice period preferred.