Financial Reporting Officer

Albawani | البواني; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

Albawani | البواني is seeking a Financial Reporting Officer to prepare timely financial reports and ensure IFRS compliance. You will support audit activities, maintain accurate records, and help improve reporting processes while aligning with company policies.

The role requires 2–5 years in financial reporting, strong IFRS knowledge, and collaboration with internal and external auditors. Proficiency in English and Arabic is essential, with ERP experience as an advantage.

Qualifications

• 2–5 years of experience in financial reporting, accounting, or finance.
• Experience in preparing financial statements and management reports.
• Strong IFRS knowledge and application.
• Experience with external auditors preferred.
• Knowledge of financial controls and compliance requirements.
• Experience with ERP systems is an advantage.

Responsibilities

• Prepare monthly, quarterly, and annual financial reports.
• Assist in the preparation of financial statements and supporting schedules.
• Ensure financial reports are completed accurately and within deadlines.
• Perform account reconciliations and validate financial data.
• Ensure compliance with IFRS, company policies, and applicable regulations.
• Support the implementation of accounting policies and procedures.
• Maintain documentation supporting financial reporting activities.
• Monitor updates to accounting standards and reporting requirements.
• Analyze financial data and identify significant variances.
• Assist in preparing management reports and financial performance summaries.
• Support budgeting and forecasting activities when required.
• Provide reporting insights to support business decisions.
• Coordinate with internal and external auditors during audit engagements.
• Prepare audit schedules and supporting documentation.
• Support the implementation of internal controls and compliance requirements.
• Assist in resolving audit observations and recommendations.
• Maintain financial reporting databases and records.
• Improve reporting templates and reporting efficiency.
• Support automation and continuous improvement initiatives.
• Perform other finance-related reporting duties as assigned.

Skills

IFRS knowledge

Financial reporting

Variance analysis

General ledger & reconciliation

Audit support

English & Arabic comms

Attention to detail

Education

Bachelor's Degree in Accounting/Finance

SOCPA/CPA/ACCA/CMA preferred

Tools

ERP systems

Job description

Role Purpose: The Financial Reporting Officer is responsible for preparing accurate and timely financial reports, ensuring compliance with accounting standards, regulatory requirements, and company policies. The role supports financial analysis, reporting activities, audit requirements, and financial statement preparation to facilitate informed decision-making and maintain the integrity of financial information.

Key Activities:

• Prepare monthly, quarterly, and annual financial reports.
• Assist in the preparation of financial statements and supporting schedules.
• Ensure financial reports are completed accurately and within deadlines.
• Perform account reconciliations and validate financial data.
• Ensure compliance with IFRS, company policies, and applicable regulations.
• Support the implementation of accounting policies and procedures.
• Maintain documentation supporting financial reporting activities.
• Monitor updates to accounting standards and reporting requirements.
• Analyze financial data and identify significant variances.
• Assist in preparing management reports and financial performance summaries.
• Support budgeting and forecasting activities when required.
• Provide reporting insights to support business decisions.
• Coordinate with internal and external auditors during audit engagements.
• Prepare audit schedules and supporting documentation.
• Support the implementation of internal controls and compliance requirements.
• Assist in resolving audit observations and recommendations.
• Maintain financial reporting databases and records.
• Improve reporting templates and reporting efficiency.
• Support automation and continuous improvement initiatives.
• Perform other finance-related reporting duties as assigned.

Necessary Knowledge and Experience:

• 2-5 years of experience in Financial Reporting, Accounting, or Finance.
• Experience in preparing financial statements and management reports.
• Good understanding of International Financial Reporting Standards (IFRS).
• Experience dealing with external auditors is preferred.
• Knowledge of financial controls and compliance requirements.
• Experience with ERP systems is an advantage.

Education and Certification Minimum Requirements:

• Bachelor's Degree in Accounting, Finance, or a related field.
• Professional certifications such as SOCPA, CPA, ACCA, or CMA are preferred.

Job Specific Technical Skills:

• Financial Reporting and Financial Statement Preparation.
• IFRS Knowledge and Application.
• Financial Analysis and Variance Analysis.
• General Ledger and Account Reconciliation.
• Financial Data Analysis and Reporting.
• Audit Support and Internal Control Compliance.
• Strong Attention to Detail and Accuracy.
• English and Arabic Communication Skills.