Financial Reporting Specialist
4 weeks ago
Crescent Petroleum is seeking a highly skilled Financial Reporting Specialist to join our team. As a key member of our finance department, you will be responsible for ensuring the accuracy and timeliness of our financial reporting.
Key Responsibilities- Coordinate with Group auditors to ensure smooth completion of audits, including resolving audit queries and reviewing audit reports.
- Prepare and coordinate quarterly/annual statutory audits of standalone entities and group consolidation.
- Maintain and upgrade the automated consolidation tool - BPC.
- Gather data and coordinate activities for ESR filings in local and offshore jurisdictions.
- Stay up-to-date with UAE CT laws and their implications on Holdcos, FZEs, exempt income, and audit disclosures.
- Advise on practical applications of the UAE VAT law, particularly in the aviation sector.
- Arrange data and support activities for compliance requirements.
- Assist with ad-hoc external reporting as needed.
- Adhere to the monthly close timetable and post-close activities, including consolidation of results at a group level.
- Review general ledger and accounting records of group entities to ensure compliance with accounting policies and procedures.
- Understand underlying accounting records and transactions to ensure accurate consolidation entries.
- Prepare accounting positioning papers and advice on critical accounting matters/transactions based on IFRS principles.
- Prepare materials for quarterly board reporting packs.
- Assist in creating automated group reporting dashboards.
- Prepare and analyze weekly funds position reports for management.
- Assist in conceptualizing, implementing, and maintaining a comprehensive group reporting plan.
- Take the initiative in automating multiple manual reports.
- Extend the ability of the BPC tool to be a one-stop solution for snap retrieval of consolidated numbers, serving multiple reporting needs.
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