Consolidations Controller

Job description / Role

SALARY: AED 18k/month

The Consolidation Controller must provide timely, error-free reporting via the consolidation tool through the use of checklists in subsidiaries and Group Finance and adherence to policies and accounting standards.

The role requires Management Information Systems experience and a natural interest, drive in optimizing use of these systems with a high attention detail, understanding of value adding Group consolidation.

The Consolidation Controller must provide continuous improvement in Group consolidation and presentation, subsidiaries reporting and overall financial reporting

Responsibilities:
- Provide systematic consolidation and analysis of figures in the consolidation tool, checklists, adherence to policies and accounting standards.
- Provide accurate and timely financial information to the Finance Manager for onwards reporting to the Executive Management.
- Proactively work with subsidiaries, issue instructions and checklists in close liaison with the Finance Manager and Business Controller to ensure quality, error free reporting and consolidation.
- Consolidate and prepare financial plans, annual accounts, annual budgets, forecasts, monthly reports and ad hoc reporting and other financial or business documents to the Finance Manager.
- Present all consolidations and financials in a logic, aesthetic, intuitive format.
- Ad hoc oversight of bookkeeping as per instruction from the Finance Manager.
- Give input to continuous improvement of financial processes and use of the reporting tool with the goal to achieve best practices and optimal output.

Specific outcomes:
- Timely, analysed, error-free Group Reporting as per Group Finance
- Design, implementation and use of process flows and checklists in the subsidiaries to ensure systematically controlled and error-free consolidation, reporting and ad-hoc financial calculations.
- Strict controlling of figures as per checklists and as per Group Finance Management Framework, Group Finance Instructions and Delegation of Authority – and challenging subsidiaries’ reporting.
- Plan and deliver the Consolidation tool basic reporting functionality and further optimization.
- Continuous improvement in Group consolidation, subsidiaries reporting and overall financial reporting.
- Work with auditors to update/implement new accounting standards/recommendations.
- Improvement of subsidiaries balance sheets through balance sheet schedules review and controlling.
- Visit to subsidiaries as required to ensure adequate financial control and reporting sparring.

Requirements

- Relevant accounting/finance management degree
- Good knowledge of International Financial Reporting Standards (IFRS)
- Consolidation tool experience
- Natural interest and drive in understanding IT/Management Information systems
- Attention to detail.
- Analytical skills. Able to structure and process qualitative and quantitative data and draw insightful conclusions from it.
- Proactivity. Acts without being told what to do. Foresee challenges and analyze best way forward.

About the Company

Inspire Selection is an award winning recruitment agency, headquartered in Dubai which recruits across the Middle East region. We employ highly knowledgeable, professional consultants who are experts in connecting the right people with the right opportunities. Our reputation has been built upon our honesty, integrity and our ability to source candidates of the highest calibre right across our specialist sectors. As a result, we are recruitment partners to a wide spectrum of organisations - from leading blue chip companies to smaller, local businesses. Sectors we cover include HR, Administration, Finance & Accounting, Legal, Sales & Marketing including Digital Marketing, IT, Oil/Gas/Energy, Engineering, Procurement, Manufacturing, Higher Education.