Consolidation & Reporting Specialist

Alfanar Precast; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

Alfanar Precast is seeking a Finance professional to support monthly, quarterly, and annual financial consolidation across multiple entities in Riyadh. You will prepare consolidated IFRS-compliant statements, handle intercompany reconciliations, and assist with internal and external disclosures.

You will collaborate with divisional finance teams, contribute to management reporting, and participate in audit activities while identifying opportunities to improve reporting efficiency and data

Qualifications

• Experience in monthly, quarterly, and annual financial consolidation.
• Prepare consolidated financial statements aligned with IFRS.
• Perform intercompany reconciliations and resolve discrepancies.
• Assist with internal management reporting and external disclosures.
• Support audits and maintain internal controls.
• Identify and implement reporting process improvements.

Responsibilities

• Consolidate financial data across entities on schedule.
• Coordinate with divisional finance teams for data submission.
• Communicate reporting requirements and timelines.
• Prepare audit documentation and respond to inquiries.
• Support automation and process improvements in reporting.

Skills

Financial consolidation

IFRS compliance

Intercompany reconciliations

Management reporting

Variance analysis

Audit support

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