Financial Statements Consolidation Reporting Assistant Manager

stc; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading telecommunications company in Riyadh is seeking a Senior Financial Reporting Professional. The role involves coordinating with auditors, producing consolidated financial statements, and ensuring compliance with accounting standards. Candidates should have a bachelor's and preferably a master's degree in Accounting, with at least 5 years of supervisory experience in financial reporting and knowledge of the KSA region.

Qualifications

• Minimum 5 years of experience in financial statement reporting.
• Prior supervisory experience in a large-scale service-oriented industry preferred.
• Experience in the KSA region or Middle East is preferred.

Responsibilities

• Coordinate internal and external audits.
• Support the production of consolidated financial statements.
• Prepare monthly, quarterly, and annual financial reports.

Skills

Supervisory experience in financial reporting

Knowledge of regulatory environment

Education

Bachelor Degree in Accounting

Masters Degree in Accounting

Tools

CMA

ACCA

CPA

CIA

SOCPA

Job description

Job Purpose

The role holder is responsible for collating financial information’s, liaising with auditors, creating consolidated financial statements, maintain calendar and ensure its adherence for closing etc., ensure timely identification and compliance interpretation while supporting Financial Reporting Consolidation department to ensure its alignment with stated strategy and objectives. The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.

Job Responsibility

• Coordinates with internal and external auditors to review and audit STC Consolidated financial statements on Quarterly and yearly basis.
• Support produce group consolidated financial statements in accordance with Accounting and CMA standards and regulations.
• Prepares monthly, quarterly and annual financial statements reports and assist the internal and external review for these documents.
• Creates STC’s consolidated financial statements reports in compliance with STC policies, accounting Standards and regulation.
• Ensure timely identification and compliance with evolving accounting guidance, provide accounting standards interpretation and prepare technical memorandums that document issues in a clear, logical and comprehensive manner.
  
  

Job Responsibility (cont.)

• Creates and maintain STC calendar to inform parties of necessary deadline adherence for the following processes: financial closing, reporting requirements.
• Communicates and explain accounting issues and evolving accounting guidance that are relevant to the financial reporting in conjunction with Policy and Procedure department to the management team.
• Supports in maintaining month end and year end closing.
• Coordinates with counterparts in the STC on harmonization of policies within the scope of the STC Reform.
• Produces actual to actual consolidation reporting.
• Assists in the coordination of annual audit and quarterly review activities of external and internal auditors
• Produces the annual PIF group reporting package required by PIF
  
  

Years Of Experience

5 and above

Nature Of Experience

• Prior supervisory experience in financial statement reporting in a large-scale service oriented industry is strongly preferred
• Prior experience within the KSA region and/or the Middle East region including knowledge of regulatory environment and context is preferred
  
  

Job Band

Sr. Professional

Skills

Education

Bachelor Degree in Accounting

Masters Degree in Accounting

Additional Education

Certifications

Professional certifications such as CMA,ACCA .CPA .CIA or SOCPA or related discipline certifications are preferred