Manager - Statutory Reporting & Compliance

Six Flags Qiddiya City and Aquarabia; Riyad Al Khabra; On-site; SAR 80,000 - 100,000; Full time

Job summary

A leading entertainment company in Al-Qassim Province is seeking a Manager for Statutory Reporting & Compliance. In this role, you will oversee financial reporting and ensure compliance with local and international regulations. The ideal candidate will have strong leadership skills, a deep understanding of financial compliance, and the ability to optimize reporting processes. This position requires a Bachelor's degree in Accounting or Finance and 3-6 years of relevant experience.

Qualifications

• 3-6+ years of experience in financial reporting, statutory compliance, audit coordination, or regulatory affairs.

Responsibilities

• Oversee statutory financial reporting, tax compliance, and regulatory filings.
• Ensure accurate bank reconciliations and internal audits are facilitated.
• Identify and mitigate compliance risks and ensure alignment with latest regulations.
• Liaise with regulatory authorities and train team members on compliance standards.

Skills

Strong understanding of local and international financial regulations

Ability to enhance reporting efficiency

Ability to identify financial risks and analyze data

Strong focus on accuracy and compliance

Ability to work collaboratively

Strong leadership skills

Fluent in English

Education

Bachelor’s degree in Accounting, Finance, or a related field

Job description

Overview

Manager - Statutory Reporting & Compliance will oversee statutory financial reporting, tax compliance, and regulatory filings in accordance with IFRS. This role ensures accurate bank reconciliations, entity-wise ledger segregation, and adherence to financial policies while streamlining internal and external audits. The Manager will identify and mitigate compliance risks, liaise with regulatory authorities, and ensure financial reporting processes align with the latest regulations, keeping management informed of any updates.

Responsibilities

• Oversee statutory financial reporting, tax compliance, and regulatory filings in accordance with IFRS.
• Ensure accurate bank reconciliations, entity-wise ledger segregation, and adherence to financial policies while facilitating internal and external audits.
• Identify and mitigate compliance risks, liaise with regulatory authorities, and ensure financial reporting processes align with the latest regulations, keeping management informed of updates.
• Support and streamline internal and external audit processes by ensuring all documents, explanations, and justifications are provided; ensure timely submission of other regulatory submissions.
• Maintain company policies pertaining to financial reporting and compliance.
• Identify and assess compliance risks and implement appropriate mitigation strategies.
• Ensure all reporting processes are in line with the latest financial regulations and update management on changes.
• Liaise with regulatory authorities and internal departments to ensure seamless compliance processes.
• Oversee and train team members on compliance standards, reporting accuracy, and adherence to financial policies.
• Define and manage insurance claims processes, liaising with the legal department and insurance company to streamline lodging of claims.
• Ensure all operational and regulatory licenses/permits are obtained and that parks comply with corporate social responsibility and other governance laws.

Education

• Bachelor’s degree in Accounting, Finance, or a related field.

Experience

• 3-6+ years of experience in financial reporting, statutory compliance, audit coordination, or regulatory affairs.

Skills

• Strong understanding of local and international financial regulations, tax laws, and compliance frameworks.
• Ability to enhance reporting efficiency through process optimization and system automation.
• Ability to identify financial risks, analyze complex data, and propose strategic solutions.
• Strong focus on accuracy, consistency, and compliance in financial reporting.
• Ability to work collaboratively with auditors, regulatory bodies, and internal teams.
• Strong leadership skills with the ability to present financial reports and compliance insights to senior management.
• Languages: Fluent in English.