Consolidation & Reporting Specialist

alfanar; Riyadh; On-site; SAR 90,000 - 130,000; Full time

Job summary

Alfanar is seeking a Consolidation Analyst to support monthly/ quarterly/ annual financial consolidation across multiple entities in line with IFRS. You will prepare consolidated statements, perform intercompany reconciliations, and contribute to both internal management reporting and external disclosures.

Role requires data accuracy, IFRS knowledge, and collaboration with divisional finance teams. You will assist audits, implement process improvements, and ensure timely reporting and compliance

Qualifications

• Bachelor degree in accounting/finance or related field.
• Experience with IFRS consolidation and intercompany reconciliations is preferred.
• Strong analytical & communication skills; ability to coordinate with multiple teams.

Responsibilities

• Involvement in monthly, quarterly, and annual financial consolidation across multiple entities.
• Prepare consolidated financial statements aligned with IFRS requirements.
• Execute intercompany reconciliations and resolve discrepancies.
• Support internal management reporting and external financial disclosures.
• Assist with variance analysis & data submission with divisional finance teams.
• Coordinate with audit teams and prepare audit documentation.
• Identify and participate in process improvements for reporting efficiency.

Skills

IFRS compliance

Consolidation

Intercompany reconciliations

Financial analysis

Audit coordination

Process improvement

Education

Bachelor Degree in Accounting and Finance

Tools

Prophix

Job description

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Support financial consolidation and reporting across entities, ensuring IFRS compliance, system accuracy, and timely analysis, while contributing to audits and process improvements.

Key Accountability Areas

• Involvement in monthly, quarterly, and annual financial consolidation across multiple entities.
• Preparation of consolidated financial statements aligned with IFRS requirements.
• Execution of intercompany reconciliations and resolution of discrepancies.

Systems & Tools:

• Maintenance and updating of consolidation systems and tools (e.g., Prophix).
• Monitoring of data accuracy and system performance.

Financial Analysis & Disclosures:

• Contribution to internal management reporting and external financial disclosures.
• Support in variance analysis and financial performance reporting.
• Coordination with divisional finance teams for timely and accurate data submission.
• Communication of reporting requirements and timelines across teams.

Audit Support:

• Preparation of audit documentation and responses to auditor inquiries.
• Alignment with audit standards and internal control procedures.

Process Improvement:

• Participation in initiatives focused on improving reporting efficiency and accuracy.
• Identification of areas for enhancement in consolidation and reporting workflows.

Role Accountability

• Ability to obtain updated soft and technical skills related to the job.

Delivery:

• Perform the planned activities to meet the operational and development targets as per delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time.
• Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

• Solve any related problems arise and escalate any complex operational issues.

Quality:

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

• Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

• Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification

Bachelor Degree in Accounting and Finance or Any relevant field