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Senior Financial Reporting and Consolidation Specialist

2 months ago

Abu Dhabi, Abu Dhabi, United Arab Emirates Michael Page International (UAE) Full time
About the Role

We are seeking a highly skilled Reporting and Consolidation Manager to join our team at Michael Page International (UAE). As a key member of our organization, you will be responsible for overseeing the preparation and presentation of financial reports, ensuring adherence to accounting standards and regulatory requirements.

Key Responsibilities
  • Financial Reporting Leader: Oversee the accurate and compliant preparation and presentation of financial reports, ensuring adherence to accounting standards.
  • Consolidation Expert: Manage the consolidation of financial statements from various entities within the organization.
  • Compliance Enforcer: Ensure adherence to regulatory requirements and maintain strong internal controls.
  • Analytical Advisor: Provide insights and analysis to support strategic decision-making.
  • Team Leader: Guide and develop a team of financial professionals, fostering a culture of excellence and continuous improvement.
  • Financial Reporting: Prepare and review financial statements on a monthly, quarterly, and annual basis, ensuring accuracy and compliance with standards like GAAP or IFRS. Develop and standardize reporting templates.
  • Consolidation: Oversee the consolidation of financial statements for multiple subsidiaries, managing inter-company transactions and coordinating with subsidiary finance teams.
  • Compliance and Internal Controls: Ensure compliance with laws, regulations, and standards, and maintain internal control policies to safeguard assets and ensure the integrity of financial reporting.
  • Financial Analysis: Conduct variance analysis to identify discrepancies and provide insights into financial trends. Support budgeting and forecasting processes with historical data and analysis.
  • Stakeholder Communication: Prepare and present financial reports to executives and stakeholders, liaise with external auditors, and respond to financial information requests.
  • Process Improvement: Identify and implement improvements to streamline and automate reporting and consolidation processes, and lead financial system upgrades.
  • Team Leadership and Development: Mentor and develop the reporting and consolidation team, conduct performance evaluations, and organize training programs.
  • Daily and Weekly Tasks: Manage daily reporting and consolidation activities, review journal entries and reconciliations, and ensure accurate posting of financial data.
  • Monthly and Quarterly Tasks: Coordinate month-end and quarter-end processes, prepare consolidated financial statements, and analyze financial results.
  • Annual Tasks: Lead the preparation of annual financial statements, coordinate year-end audits, ensure regulatory compliance, and support annual budgeting and financial planning.
  • Ad Hoc Tasks: Provide financial analysis for special projects and strategic initiatives, assist with new accounting standards, and conduct due diligence for acquisitions.
Requirements
  • A minimum of 8 years in a related field is required, with prior experience at a Big Four firm being preferred.
  • Extensive knowledge of accounting principles and standards, such as GAAP and IFRS, or other relevant frameworks.
  • Expertise in preparing and consolidating financial statements, along with familiarity with financial reporting software and consolidation tools.
  • Strong analytical skills to interpret financial data, with experience in financial modeling and variance analysis.
  • Skilled in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Microsoft Excel. Experience with ERP systems and financial reporting software is also required.
What We Offer

A competitive compensation package that includes a comprehensive benefits plan. The position provides opportunities for professional growth and development within a dynamic and supportive work environment. Additionally, you will have the chance to work on impactful projects and collaborate with a talented team.