Consolidations Specialist – Financial Accounting

PE Global (UK); Saudi Arabia; On-site; SAR 299,000 - 450,000; Full time

Job summary

A global energy and chemicals company based in Saudi Arabia is seeking a Consolidations Specialist – Financial Accounting. The role involves consolidating financial data, creating financial statements, and providing financial expertise to subsidiaries. Candidates must possess a bachelor's degree in accounting, a CPA or equivalent certification, and extensive experience in financial statement consolidation. Proficiency in SAP systems is desirable, along with strong analytical skills and fluency in English.

Qualifications

• Bachelor’s degree in accounting or a related field.
• Professional Accountancy certification essential.
• Extensive experience in financial statement consolidation.

Responsibilities

• Consolidate financial data from various entities.
• Create and analyze financial statements.
• Research accounting literature for current issues.

Skills

Financial statement consolidation

Financial analysis

Accounting research

Taxation knowledge

Attention to detail

Proficiency in English

Education

Bachelor’s degree in accounting or related field

Professional Accountancy certification (CPA, CA, ACCA, CMA)

Tools

SAP or equivalent ERP systems

Job description

***Please only apply if you have a valid visa for EU/UK and you can relocate to Saudi Arabia for this role***

The role

PE Global are seeking a Consolidations Specialist – Financial Accounting to join the Controllers team within the Finance, Strategy & Development business of one of the largest integrated Energy and Chemicals companies based in Saudi Arabia

Duties of the role

• Consolidate financial data including from the Company, subsidiaries, and joint venture entities.
• Create financial statement review, analysis, and preparation.
• Research accounting literature to address current issues involving accounting and financial reporting.
• Perform analysis, make recommendations, and prepare responses on consolidation matters.
• Prepare confidential and technical financial reports and forecasts.
• Coordinate with auditors and provide full support for audit/review of consolidated financial statements.
• Provide financial expertise to subsidiaries, joint ventures, or within the Company.
• Provide Joint Venture, M&A integration support from a financial statement perspective.
• Provide ad hoc financial expertise as required.

Education & Experience

• Candidate should hold a bachelor’s degree in accounting or a degree in a related field.
• A professional Accountancy certification such as CPA, CA, ACCA, or CMA essential.
• Extensive experience in financial statement consolidation, financial analysis, accounting research, taxation and strategy/management consultancy.
• Specific operational experience in energy related activities, infrastructure, utilities (public and/or private), joint ventures and subsidiaries, government sector, non-profits, and public administration would be desirable.
• Extensive knowledge of accounting policies and procedures established pursuant to International Financial Reporting Standards (IFRS) as well as a strong understanding of the content of financial statements prepared within the IFRS framework.
• Extensive knowledge of accounting policies and procedures in the oil and gas industry and the ability to conduct research on an IFRS or financial reporting matter is preferred.
• Proficiency in both oral and written English is required.
• SAP or equivalent Enterprise Resource Planning (ERP) systems experience is highly desirable.

Interested candidates should send an up-to-date CV to [e-mail]