Senior Specialist – Financial Consolidation & Reporting-IFRS 18 experience mandatory

Job DescriptionRole Overview

The Senior Specialist – Financial Consolidation & Reporting is responsible for managing the end-to-end monthly close cycle, ensuring accurate consolidated financial results, and maintaining compliance with IFRS and regulatory reporting standards. This role requires strong expertise in Oracle FCCS, SAP S/4HANA, and multi-entity reporting structures. The position will work closely with finance teams across business units, auditors, and senior stakeholders to deliver timely, compliant, and insightful financial reports.

Key ResponsibilitiesFinancial Close & Consolidation

• Lead and manage the monthly financial close, ensuring completeness, accuracy, and timely submission of entity and consolidated results.
• Oversee intercompany reconciliations, eliminations, and consolidation adjustments in line with IFRS.
• Ensure the Trial Balance (TB) is accurate and properly reflected in consolidation and reporting tools.
• Review and validate updates in Oracle FCCS, ensuring proper mapping and reporting structure consistency.
• Coordinate with entity finance teams to resolve discrepancies, validate numbers, and ensure alignment across all reporting units.

Reporting & Analysis

• Manage FCCS submissions, including commentary and variance explanations for management and group finance.
• Prepare monthly, quarterly, and annual stakeholder reports, ensuring clarity, accuracy, and compliance with internal frameworks.
• Support preparation of ESG-linked financial disclosures, ensuring completeness and compliance with sustainability reporting requirements.
• Provide insightful financial analysis to support executive decision-making and group reporting.

Audit & Compliance

• Coordinate with external auditors for group consolidated financial statements, providing required schedules, reconciliations, and disclosures.
• Ensure adherence to IFRS, UAE regulatory standards, and group policies.
• Prepare, review, and maintain IFRS disclosure notes, ensuring proper presentation and narrative for financial statements.
• Support regulatory reporting requirements such as Country-by-Country Reporting (CbCR) and Foreign Subsidies reporting.
• Conduct IFRS 18 impact assessments, evaluate implications on group reporting, and recommend appropriate implementation steps.

Process Improvement & Governance

• Strengthen and streamline financial consolidation processes, ensuring standardization across all business units.
• Enhance data quality and reporting processes through automation and best-practice controls.
• Ensure alignment and consistency in financial commentary, reporting styles, and IFRS-based frameworks.
• Support transformation initiatives related to finance systems, reporting tools, and governance compliance.

Qualifications & ExperienceEducation

• Bachelor’s degree in Finance, Accounting, or a related discipline.
• Professional certification is mandatory:

ACCA, ACA, CA, or CPA.

Experience

• 5–8 years of relevant experience in:
• Financial consolidation and group reporting
• IFRS compliance and audit coordination
• Multi-entity reporting in complex organizational structures
• Prior experience in:
• Oracle FCCS (mandatory)
• SAP S/4HANA
• Advanced Excel modeling and financial reporting

Skills & Competencies

• Strong knowledge of IFRS, consolidation principles, intercompany eliminations, and financial disclosure requirements.
• Ability to manage tight deadlines, multi-entity coordination, and high-volume data environments.
• Excellent stakeholder management skills with the ability to collaborate across finance, audit, and senior leadership teams.
• Strong analytical mindset, attention to detail, and capability to interpret financial data into meaningful insights.
• Experience supporting ESG financial disclosures is an advantage.

Job Types: Temporary, Contract
Contract length: 3 months

Pay: AED15,000.00 - AED17,000.00 per month