36 Consolidations Manager jobs in Saudi Arabia

As our Financial Reporting Lead, you're the maestro behind our financial harmony. Your mission is to nail the accuracy, transparency, and compliance of our financial reporting, crafting financial reports and disclosures in compliance with international accounting standards and best practices.

We are all about collaboration here, so team up with our internal squads, analyze financial data and freely apply your strong analytical skills. A keen attention to detail, profound understanding of accounting standards, and proficiency in financial modelling are integral to this role.

You are a driven, determined, curious team player, knowing that collective strength means we all win. With a positive outlook, you are solution-oriented persevering regardless of circumstances, always finding a way through, no matter the challenges.

You will effectively find a way to work with everyone through empathy and respect. You will be driven and comfortable with responding quickly with urgency, with the ability to change course without losing momentum and energy, resulting in great success.

Your responsibilities

• Prepare accurate and timely financial reports and disclosures in compliance with international accounting standards (IFRS).
• Manage and execute consolidation process, ensuring accurate aggregation of financial data for various entities and subsidiaries.
• Prepare accurate and timely monthly management reporting packs along with key metrics.
• Collaborate with internal teams to gather financial data and ensure completeness and accuracy.
• Conduct analysis to identify and explain significant variances in Financials.
• Data Analysis and Automation
  • Conduct in-depth analysis of financial data to identify trends and provide insights to the management.
  • Assist in developing and implementing financial models to support decision-making processes.
  • Liaison with the data team to automate financial reporting metrics / dashboards through reporting tools (Tableau / NetSuite analytics)
  • Ensure the integrity and consistency of financial data used across financial and management reporting.
  • Propose and implement process improvements to streamline reporting workflows.
• Audit Support
  • Assist in preparing quarterly and annual financial statements in accordance with the applicable accounting standards (IFRS)
  • Collaborate with external auditors during audit process, providing necessary documentation and addressing audit findings.

Your expertise

• Bachelor s degree in accounting, finance, or a related field. ACCA or equivalent certificate.
• 5+ years of experience in financial reporting preferably in a listed company
• Experience working in the financial services and banking sectors is highly desirable.
• Strong knowledge of accounting and financial reporting standards (IFRS)
• Demonstrated experience in developing financial models and dashboards.
• Proven track record in preparing monthly, quarterly, and yearly management reporting pack. Also ensuring accurate consolidation of group financial statements.
• Proficient with advanced excel and other financial reporting tools. Familiarity with SQL and Python is considered an advantage.

Company Industry

• Banking
• Broking

Department / Functional Area

• Finance
• Treasury

Keywords

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Sub Department: Finance and Accounting - Financial Planning & Repo

Number of Openings: 1

Assist with planning and perform financial analysis on actual financial performance, budgets and forecasts and maintain financial dashboards and take lead from financial side on GCC business divisions.

- Support the management team with the annual strategic planning and budgeting processes. This includes establishing assumptions, spreadsheet modeling, consolidation, analysis, and presentation preparation for key stakeholders.
- Responsible for the feasibility and analysis of all functional business activities, ensuring alignment with the company's strategic targets and annual budget.
- Assist in the development of operating and financial plans for GCC, divisions, and/or departments, and report against those plans to help management achieve strategic goals.
- Responsible for analyzing operating expenses to identify cost-saving opportunities and ensure spending aligns with the approved budget.
- Responsible for the design, development, deployment, and maintenance of all internal Financial Planning & Analysis (FP&A) reports to ensure financial data accuracy.
- Prepare the monthly forecast and quarterly business review for all functional areas of the business and related subsidiaries.
- Prepare all ad-hoc financial analyses to support senior management decision-making.
- Maintain financial dashboards, monitor financial trends and ratios, and provide insights on performance vs. budget and forecast by function/department.
- Assist in the development, design, and validation of operational dashboards for GCC divisions, branches, and/or departments.
- Develop a strong understanding of key performance drivers and issues related to budgeting, forecasting, and actual results. Incorporate this into monthly quantitative and qualitative analysis of commercial operations, including variance analysis and highlighting risks, issues, and business drivers to avoid unnecessary spending.
- Responsible for working capital and departmental spending analysis.
- Support the business development team and lead the financial evaluation of project feasibilities and pricing, including monitoring and evaluating actual performance versus projections.
- Assist the Finance Controller in accurately recording financial transactions and maintaining proper records.
- Provide guidance to department heads to help them understand financial reports and data controls.

BSc/BA in Accounting, Finance or relevant field.

3-4 of experience in Financial Planning.

Copyright 2021. All Rights Reserved by OSHCO

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Sub Department: Finance and Accounting - Financial Planning & Repo

Number of Openings: 1

Assist with planning and perform financial analysis on actual financial performance, budgets and forecasts and maintain financial dashboards and take lead from financial side on GCC business divisions.

- Support the management team with the annual strategic planning and budgeting processes. This includes establishing assumptions, spreadsheet modeling, consolidation, analysis, and presentation preparation for key stakeholders.
- Responsible for the feasibility and analysis of all functional business activities, ensuring alignment with the company's strategic targets and annual budget.
- Assist in the development of operating and financial plans for GCC, divisions, and/or departments, and report against those plans to help management achieve strategic goals.
- Responsible for analyzing operating expenses to identify cost-saving opportunities and ensure spending aligns with the approved budget.
- Responsible for the design, development, deployment, and maintenance of all internal Financial Planning & Analysis (FP&A) reports to ensure financial data accuracy.
- Prepare the monthly forecast and quarterly business review for all functional areas of the business and related subsidiaries.
- Prepare all ad-hoc financial analyses to support senior management decision-making.
- Maintain financial dashboards, monitor financial trends and ratios, and provide insights on performance vs. budget and forecast by function/department.
- Assist in the development, design, and validation of operational dashboards for GCC divisions, branches, and/or departments.
- Develop a strong understanding of key performance drivers and issues related to budgeting, forecasting, and actual results. Incorporate this into monthly quantitative and qualitative analysis of commercial operations, including variance analysis and highlighting risks, issues, and business drivers to avoid unnecessary spending.
- Responsible for working capital and departmental spending analysis.
- Support the business development team and lead the financial evaluation of project feasibilities and pricing, including monitoring and evaluating actual performance versus projections.
- Assist the Finance Controller in accurately recording financial transactions and maintaining proper records.
- Provide guidance to department heads to help them understand financial reports and data controls.

BSc/BA in Accounting, Finance or relevant field.

3-4 of experience in Financial Planning.

Copyright 2021. All Rights Reserved by OSHCO

Internal Job Title:Assistant Manager (Financial Analysis & Reporting)

Business: Lucy Switchgear Arabia

Job Reference No: 4165

Job Purpose

•To provide timely & accurate financial information and reports

•Payroll Administration & Management

•Assist the FM in all matters related to Compliance, Reporting and Audit

Job Dimensions

Number of Staff Supervised:Direct Reports:One

Key Accountabilities

Monthly, quarterly and annual closure and preparation of management reports and financial statements are undertaken in a timely manner to meet strict group reporting deadlines. - Timeliness and accuracy

In coordination with the FM preparation and analysis of periodic cash forecasts, exceptional reporting, inventory & general provisioning. - Timeliness and accuracy

Process the employee payroll on a monthly basis and posting the same to appropriate general ledger accounts. - Timeliness and accuracy

Analyzing the collated data and filing of periodic VAT return and in coordination with the FM liaising with the consultant wherever needed. - Timeliness, accuracy and compliance

Controller and custodian of company’s GL and chart of accounts - Accuracy & correctness

Collaborate with the FM in the detailing and data accumulation work for the preparation of monthly reporting, quarterly forecasts, annual budgets by extensive excel based analytical reporting including dashboards. - Timeliness and accuracy

Work alongside the FM for any ad-hoc deliverables to support both internal and external financial and analytical reporting requirements. - Timeliness and accuracy

Collaborate with the FM in managing the yearly statutory audit process by preparation of schedules and coordinating with the auditors for smooth completion of audit. - T imeliness and accuracy

Assist the FM in ensuring compliance with all legal and statutory requirements and the ongoing development and implementation of internal controls and procedures across the business. - Timeliness, accuracy and compliance

Collaborate with the FM in liaising with the AX team for any AX related requirements as and when the need arises. - Value Addition to the existing process

Managing and mentoring the accountants

Job Context

The position is responsible to:

•Participate as a finance stake holder for the business in cross functional teams.

•Work well with stakeholders as well as with a variety of people and personality types.

Minimum Qualifications and Knowledge:

Degree in recognized accounting qualification (ACCA / ACA / CMA)

Minimum Experience: 10 years in a similar role

Job-Specific Skills: Financial Acumen, Eye for Details, Tech Savvy, Decisiveness, Analytical Thinking, Manage Deadlines, Methodical Approach, Accuracy, Effective Verbal & Written Communication, Innovation & Creativity, Commercial Awareness, Planning & Organizing, Maintain High Degree of Confidentiality.

Behavioral Competencies: Integrity & Ethics, Self-Motivation, Teamworking, Agility & Adaptability, Cultural Intelligence, Engaging & Developing People, Interpersonal sensitivity

Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today!

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The role holder is responsible for collating financial information, liaising with auditors, creating consolidated financial statements, maintaining the calendar and ensuring its adherence for closing, and supporting the Financial Reporting Consolidation department to align with strategy and objectives. The role holder shall perform duties in accordance with business policies and procedures.

• Coordinate with internal and external auditors to review and audit STC Consolidated financial statements quarterly and annually.
• Support the production of group consolidated financial statements in accordance with accounting standards and CMA regulations.
• Prepare monthly, quarterly, and annual financial reports and assist in reviews of these documents.
• Create STC’s consolidated financial statements reports complying with policies, standards, and regulations.
• Ensure timely identification and compliance with evolving accounting guidance; interpret standards and prepare technical memorandums clearly and comprehensively.

• Create and maintain the STC calendar to inform parties of deadlines for financial closing and reporting.
• Communicate and explain accounting issues and guidance relevant to financial reporting to management, in collaboration with the Policy and Procedure department.
• Support month-end and year-end closing processes.
• Coordinate with counterparts within STC to harmonize policies under the STC Reform.
• Produce actual-to-actual consolidation reports.
• Assist in coordinating annual audits and quarterly reviews with internal and external auditors.
• Prepare the annual PIF group reporting package required by PIF.

Minimum 5 years of experience.

• Supervisory experience in financial statement reporting within large-scale, service-oriented industries.
• Experience within the KSA or Middle East region, with knowledge of regulatory environments.

Senior Professional

Bachelor’s Degree in Accounting; Master’s Degree in Accounting preferred.

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

Ogilvy was founded in 1948 by David Ogilvy. David created a culture that deeply respects and cares about its people and clients. Our mission is to inspire people and brands to make an impact and we are committed to attracting, growing, and retaining the best talent in the industry.

Memac Ogilvy is seeking a skilled and detail-oriented Accounting Manager to oversee financial operations in the KSA market. The ideal candidate will have strong expertise in taxation, exceptional attention to detail, and prior experience working in an agency environment. This role requires someone who can ensure compliance with local regulations while driving efficient financial processes within a fast-paced and dynamic organization.

• Oversee all accounting functions for the KSA market, including accounts payable, accounts receivable, payroll, and general ledger
• Ensure compliance with Saudi Arabian tax laws and regulations, including VAT, Zakat, and corporate income tax filings
• Prepare accurate monthly, quarterly, and annual financial reports and statements
• Manage budgeting, forecasting, and financial planning processes for the region
• Conduct regular audits to ensure accuracy and compliance across all financial records
• Collaborate with internal teams to optimize financial workflows and processes
• Monitor cash flow and ensure proper allocation of resources
• Liaise with external auditors, tax authorities, and regulatory bodies as needed
• Provide strategic financial insights to support decision-making and business growth
• Mentor and guide junior accounting staff to ensure high performance and development

• Bachelor’s degree in Accounting, Finance, or a related field (CPA, CMA, or equivalent certification preferred)
• Minimum of 5 years of experience in accounting
• Prior experience in an agency environment is highly desirable.
• Strong knowledge of Saudi Arabian taxation laws and regulations.
• Proficiency in accounting software and ERP systems.
• Excellent analytical skills and attention to detail.
• Strong organizational and time management abilities.
• Effective communication and interpersonal skills.
• Ability to work under pressure and meet tight deadlines.

Ogilvy celebrates its people. Fully. Enthusiastically. Unhesitatingly. We’ll empower you with the tools you’ll need to succeed. We’ll give you the autonomy to seek out new paths and better ways of doing things. We’ll support you with colleagues who are experts in their disciplines, drawn from across the Ogilvy network. And we’ll provide opportunities for you to do work of which you’ll be proud, with people you’ll be proud to call your teammates.

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