Consolidation Manager - Financial Reporting - Managed Services

Department Icon Accounting & Finance
137+ Applicants
Posted: 1 year ago
10-12 years
Dubai, Dubai, United Arab Emirates
Work from Office

Posted: 1 year ago
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Applicants: 137+
Job Description
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Job Description


Key Responsibilities:
  • Consolidation Process Management:
    • Lead the end-to-end consolidation process for the group, including subsidiaries, joint ventures, and associates.
    • Ensure timely and accurate preparation of consolidated financial statements in compliance with IFRS.
    • Review and validate consolidation adjustments, including eliminations of intercompany transactions and balances.
  • IFRS Compliance & Financial Reporting:
    • Stay up-to-date with IFRS changes and assess their impact on group reporting.
    • Ensure that all financial reports comply with IFRS requirements, and coordinate with auditors to address and resolve any reporting issues.
    • Prepare and review monthly, quarterly, and annual consolidated financial statements, ensuring accuracy and completeness.
  • Variance Analysis & Financial Insights:
    • Conduct variance analysis on consolidated financial statements, identifying key drivers and providing insights for management.
    • Collaborate with FP&A to align financial reporting with budgets, forecasts, and strategic objectives.
  • Stakeholder Engagement:
    • Work closely with country-level finance teams to ensure consistent reporting standards across all entities.
    • Serve as the point of contact for external auditors regarding consolidation-related matters.
    • Present financial data and insights to senior management, addressing queries and supporting strategic decision-making.
  • Team Leadership & Development:
    • Manage, coach, and mentor a team of consolidation specialists to ensure high performance.
    • Foster a culture of continuous improvement and upskill team members on IFRS standards and consolidation best practices.
  • Systems & Process Improvement:
    • Identify opportunities to enhance the consolidation process through automation, tools, and best practices.
    • Collaborate with IT and finance systems teams to optimize the use of consolidation software (such as SAP BPC, Hyperion, Oracle FCCS).

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Qualifications And Skills
  • Education: Chartered Accountant (CA) or equivalent qualification (CPA, ACCA, or CMA).
  • Experience: Minimum of 10-12 years of experience in financial consolidation, with a strong background in IFRS-compliant group reporting.
  • Technical Expertise:
    • In-depth knowledge of IFRS standards, especially those relating to consolidation (e.g., IFRS 10, IFRS 3, and IFRS 12).
    • Experience with consolidation software and ERP systems is highly preferred (e.g., SAP BPC, Hyperion, Oracle FCCS).
  • Analytical Skills: Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
  • Leadership Skills: Proven ability to lead and mentor a team, fostering a collaborative and high-performance work environment.
  • Communication Skills: Strong communication and presentation skills, with the ability to convey financial insights to senior management and external stakeholders.
  • Problem-Solving: Ability to identify issues in consolidation processes and implement effective solutions.
For further information, and to apply, please visit our website via the “Apply” button below.

Skills

ConsolidationFinanceFinancial ReportsFinancial StatementsFp&aHyperionErpGroup ReportingIfrsProcess ImprovementProcess ManagementCaChartered Accountant

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About Company

The Association of Chartered Certified Accountants (ACCA) is a global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

Important dates & deadlines?

Application Deadline

10 May 25, 03:52 PM IST

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Consolidation Manager - Financial Reporting - Managed Services

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