Group Consolidations Manager

Perfect Placer; Dubai; On-site; USD 80,000 - 120,000; Full time

Job summary

A leading recruitment consultancy is seeking a Group Consolidations Manager for a multinational client in Dubai. The role involves overseeing enterprise consolidation processes, ensuring compliance with accounting standards, and preparing financial reports. The ideal candidate will have a strong background in accounting, leadership skills, and proficiency in relevant financial software.

Benefits

Comprehensive benefits

Competitive industry salary

Qualifications

• At least 2 years' experience in intercompany transactions and multi-currency consolidations.
• Strong technical skills in GAAP and IFRS.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Oversee consolidated financial closings and special transactions.
• Prepare financial reports for stakeholders.
• Ensure compliance with new accounting standards.

Skills

Leadership

Analytical

Interpersonal

Communication

Proficiency in Excel

Education

CA, CWA, CPA, or ACCA

Tools

SAP

Oracle

JD Edwards

Job description

Inst. of Cost & Works Accountants, Chartered Financial Analyst, Chartered Accountant

Nationality: Any

Vacancy: 1 Vacancy

Job Description

Our clients are leading MNCs & Industrial Conglomerates in sectors such as AUTOMOBILES, FMCG, CONSUMER DURABLES, MANUFACTURING, RETAIL, EPC, INFRASTRUCTURE (POWER, ENERGY, OIL & GAS, PORTS), INFORMATION TECHNOLOGY, BPO, PHARMA & TELECOM, with a turnover ranging from US $1 Bn to US $100 Bn and significant growth potential. Our client’s reach spans several countries globally.

PERFECT PLACER, promoted by a team of dedicated professionals with diverse backgrounds and extensive industry and consultancy experience, is one of the most preferred and referred recruitment consultants today in Executive Search & Placement.

Since its inception less than five years ago, PERFECT PLACER has expanded to operate offices in Mumbai, Chennai, Bangalore, and New Delhi.

Along with its associate services, PERFECT PLACER has a prestigious client list including leading Indian and multinational corporations across various industries and management levels, specializing in executive, board member, and senior management search assignments.

Group Consolidations Manager

• Responsible for overseeing the enterprise consolidation process, reviewing inter-company transactions, profit eliminations, corporate consolidations accounting, and managing the consolidated general ledger and trial balance.
• Ensure proper accounting for corporate transactions such as allocations, accruals, journal entries, and reconciliations.
• Utilize understanding of entity structure, general ledger, and financial systems to improve processes while maintaining data integrity.
• Collaborate with corporate accounting, finance, and business units to support consolidation and reporting processes.

Key Responsibilities

• Oversee consolidated financial closings, special transactions, and currency accounting processes.
• Prepare financial reports for internal and external stakeholders.
• Ensure compliance with new accounting standards across entities.
• Own the Group Consolidation process and maintain the accounting policy manual.
• Evaluate foreign exchange exposure and implement controls.
• Participate in software/process development for finance functions.
• Research complex accounting issues, prepare memoranda, and ensure proper application of US GAAP and IFRS.
• Work cross-functionally with parent company, subsidiaries, and auditors.

Desired Candidate Profile

1. CA, CWA, CPA, or ACCA with at least 2 years' experience in intercompany transactions, revaluation, translation, multi-currency consolidations, and reporting.
2. Strong technical skills in GAAP, IFRS, and foreign currency translation.
3. Leadership, performance management, analytical, and interpersonal skills.
4. Proactive, self-motivated, confident, and team-oriented.
5. Ability to work under pressure and meet deadlines.
6. Excellent communication skills, diplomacy, and teamwork.
7. Ownership mentality and willingness to contribute beyond defined roles.
8. Proficiency in Outlook, Word, Excel (including Pivot tables, VLOOKUPs, etc.).
9. Experience with ERP systems such as SAP, Oracle, JD Edwards is a plus.
10. Ability to leverage technology to improve processes.

Remuneration

An attractive remuneration package, including a competitive industry salary and comprehensive benefits, will be offered to the successful candidate. This is an excellent opportunity to join a market leader.

Contact Details

P.G. Ganesh

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Perfect Placer

Ganesh - Owner

J-1206, PRATEEK WISTERIA, SECTOR-77, NOIDA, India