Group Consolidation Senior Specialist Job

Date: 30 Jul 2026

Custom Field 1: 628591

Location:

Riyadh, SA

Facility: Finance & Investments

Job Description
OVERVIEW
Job Title	Senior Specialist	Job Code	628591	Grade	I3
Group	Finance	Division	Finance
Department	Financial Reporting & Control	Unit	Consolidation

ROLE PURPOSE

The aim is to state the overall significance of the job from the organization’s perspective.

The role exists to support the timely and accurate consolidation of financial results across the organization by performing consolidation activities, reviewing financial submissions from business entities, preparing consolidation adjustments, reconciling intercompany transactions, and assisting in the preparation of consolidated financial statements in compliance with applicable accounting standards and reporting requirements.

KEY ACCOUNTABILITIES & ACTIVITIES This section describes the principal outputs required from the job.
Key Accountabilities	Key Activities
Group Financial Consolidation	Perform consolidation activities for financial results across subsidiaries and business units. Prepare and process consolidation adjustments and ensure data accuracy and completeness. Support the resolution of consolidation-related issues and discrepancies. Maintain supporting schedules and consolidation documentation.
Consolidated Financial Statements Preparation	Assist in preparing consolidated financial statements and related disclosures. Ensure compliance with IFRS and relevant financial reporting requirements. Support the preparation of periodic statutory and management reports. Coordinate data collection and validation for consolidated reporting.
Intercompany Reconciliation & Elimination	Reconcile intercompany balances and transactions across group entities. Prepare and validate intercompany elimination entries. Investigate and resolve reconciliation differences with relevant stakeholders. Monitor intercompany reporting to ensure consistency and accuracy.
Financial Reporting Review & Validation	Review subsidiary reporting packages and consolidation submissions. Verify compliance with group accounting policies and reporting guidelines. Identify reporting discrepancies and support corrective actions. Maintain reporting quality and consistency standards.
Reporting Cycle Management	Support month-end, quarter-end, and year-end reporting processes. Coordinate reporting requirements with finance stakeholders. Monitor reporting timelines and ensure timely submission of required information. Assist in meeting reporting deadlines and regulatory requirements.
Financial Analysis & Performance Reporting	Analyze consolidated financial results and key variances. Prepare reports, schedules, and presentations for management review. Support management decision-making through relevant financial insights. Highlight significant trends and reporting risks.
Audit & Compliance Support	Support internal and external audits related to consolidated reporting. Provide reconciliations, schedules, and supporting documentation as requested. Ensure compliance with relevant financial controls and governance requirements. Assist in addressing audit observations and recommended actions.
Process Improvement & Reporting Enhancement	Identify opportunities to improve consolidation and reporting processes. Support automation and system enhancement initiatives. Contribute to strengthening reporting controls and data quality. Recommend practical process improvements to increase efficiency and accuracy.
Policies, Processes & Procedures	Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner. Comply with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment.
Information Security	Comply with all relevant information security practices and standards to ensure data integrity and confidentiality.

JOB SPECIFICATIONS
Academic and professional qualifications	Bachelor’s degree in accounting, Finance, or a related field.
Years and Nature of Experience	4–6 years of relevant experience in financial reporting, consolidation, accounting, or corporate finance. Good knowledge of IFRS, financial reporting requirements, and consolidation principles. Experience with ERP systems and financial reporting solutions is preferred.