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GROUP CONSOLIDATION ACCOUNTANT

Mackinnon Bruce

Posted on September 6, 2019

2 - 7 years Doha - Qatar

Any Graduation, Bachelor of Business Administration(Management), Other(Other), Bachelor of Technology/Engineering(Any, Other Engineering). Any Nationality

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Job Description

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The group consolidation accountant will manage all the aspects of financial consolidation: including but not limited to reviewing financial information received from group entities, providing training and support to entities, review and reconciliation of financial information, maintenance of group chart of accounts and accounting manual.
The incumbent will be responsible for supporting the Head of Accounting and Internal Control in establishing and maintaining accounting and administrative policies, processes and systems in line with best international standards and in close compliance to relevant laws, regulations and corporate governance standards. The group consolidation accountant will be responsible for supporting the Head of Accounting in the preparation of interim and year end statutory and consolidated financial statements and related disclosures under International Financial Reporting Standards. He/She will also provide support during internal and external audit processes. He/she will discharge his/her responsibilities under the coordination and supervision of the Head of Accounting and Internal Control.
Key Responsibilities
• Ensuring that month-end close, consolidation and reporting are completed timely and in accordance with IFRS GAAP
• Ensuring that entities complete their submissions accurately and on time
• Analyzing financial information received from group entities, explaining variances and resolving any inconsistencies or issues in a timely manner.
• Overseeing the elimination of inter-company transactions and balances
• Liaising with entities around the world to provide training, guidance and advice on technical accounting and Group policy requirements
• Improving and simplifying the financial consolidation process while ensuring a high degree of accuracy and leveraging systems capabilities
• Reviewing and approving monthly account reconciliations and miscellaneous schedules prepared by senior accountants and account reconciliations quarterly with Head of Accounting and Internal control
• Leading the roll out of our accounting, reporting and consolidation systems to new subsidiaries.
• Maintaining the corporate chart of accounts and accounting manual and reviewing and approving businesses requests to add, change and delete accounts
• Leading the annual year-end audit process with the external auditors
• Support the Head of Accounting and Internal Control in establishing and maintaining a solid and robust internal control system. Provide support to other departments staff in facilitating compliance with established financial policies and procedures.
• Provide support to Business Development and M&A functions activities during pre-development or pre-acquisition phase (i.e. due diligence process, business evaluation, competitive bidding) and during the post-acquisition/integration phase for the implementation of policies, processes and systems in line to Group administrative model.


Accounts / Taxation / Audit / Company Secretary

Desired Candidate Profile


Education
• University degree in Accounting, Finance and/or Business Administration from a recognized University.
• Professional qualification such as CFA/CMA/CA/ACCA
• (Preferred) Master in Finance and/or Business Administration from a recognized Management School
Experience
Essential:
• Significant experience in applying IFRS standards
• Significant hands-on experience consolidating financial statements of multi-functional multi-currency subsidiaries.
• Minimum of 5-7 years of experience in Accounting and Internal Control of which 2-3 years should be in a similar position/responsibility
• Familiarity with ERP systems (Oracle preferably)
• Strong knowledge of Financial Management and consolidation systems (Oracle HFM)
• Ability to manage staff to complete multiple projects simultaneously
Preferred:
• Minimum of 3 years exposure to global power/water/renewable sectors
• Exposure to international companies with large complexity and to multicultural environments
• Knowledge and/or exposure to Qatar or other Gulf regions.
Desired Skill Set
• Superior analytical and problem solving skills.
• Self-starter, Highly detail-oriented and organized.
• Enhanced verbal and written communication and interpersonal skills with sensitivity to different cultures.
• Proven ability to work both independently and collaboratively in a team oriented environment
• Ability to build trust and effective personal relations both within the organization and with all relevant external stakeholders.
• Ability to multi-task, work under pressure and meet a constant stream of deadlines.
• Stay abreast of the latest applicable Accounting, Financial reporting, Internal control leading practices and regulations.
• Familiarity with ERP systems and Financial Reporting Systems (Oracle experience is preferred)
Personal Attributes & Mindset
• Maintain highest standards of professional conduct, ethics and integrity.
• Ensure high standards of confidentiality to safeguard sensitive information.
• High energy with a can do mentality. Strongly believe in continuous benchmarking and continuous improvement.
• Robust intellect and constant desire to learn.
• Drive, self-reliance and pragmatism, great determination in achieving results.
• Analytical, inquisitive nature.
• Capability to easily adapt to fast moving, changing environments and cultural differences.
Internal Interactions
• Finance team
• Internal Audit department
• Relevant corporate functions
External Interactions
• External Auditors
• Chief Accountants of subsidiaries/associates/investees
• Accounting and Tax and other company s external advisors

Keywords

GROUP CONSOLIDATION ACCOUNTANT

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Mackinnon Bruce



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