Statutory Reporting Manager

Job Category:

SRMG

SRMG is looking for an exceptionally talented Statutory Reporting Manager to join our group.

Role Purpose:

The Statutory Reporting Manager is responsible for managing the process of providing stakeholders (internal and external) with accurate statutory accounts complying with relevant external reporting requirements and applicable standards (IFRS), and accurate and timely financial reporting to support SRMG’s senior leadership.

Main Responsibilities:

Ensure compliance with policies and processes in relation to financial reporting and in line with applied accounting practices and principles
Review and approve the financial reporting framework (information requirements, KPIs, reporting dimensions, templates) and frequency of reporting (monthly, quarterly, annually)
Facilitate SRMG’s wide financial reporting activities through communication of timelines and instructions to relevant stakeholders
Review and approve SRMG’s consolidated financial statements; report on a periodical basis (monthly, quarterly, annually) to SRMG’s senior leadership and relevant stakeholders
Review and approve the notes / disclosures to financial statements and provide recommendations
Manages the financial reporting process, defining guidelines and reporting methodologies and ensuring timely, reliable, transparent reporting of financial information to relevant stakeholders.
Review SRMG’s financial performance analysis identifying key variances and provides support for corrective actions.
Provide inputs / support in resolving any issues related to SRMG’s financial reporting to Tadawul for the purpose of consolidation
Monitor and ensure compliance with statutory financial reporting policies / standards (IFRS) and submission timelines
Liaise with SRMG’s Internal Audit and Audit Committee in support of achieving their objectives
Review and approve the financial audit timeline with defined roles and responsibilities for Audit Committee’s review and approval
Act as a liaison between SRMG’s functions and external auditors to coordinate financial audit of annual statutory close
Monitor and review all formal written communication and reports from external auditors, prepare responses to their observations and coordinate with Audit Committee for review and approval
Encourage and promote discipline
Provide clear leadership and promote team culture consistent with the organization’s values
Work closely with HR to ensure employment of properly skilled employees
Manage the day to day activities and operations of employees and ensures their adherence to the guidelines and responsibilities assigned to them.
Provide guidance and management to employees to ensure effective and efficient flow of work and ensures that all employees recognize their fundamental roles.

In this role, you’ll also be expected to have:

Bachelor’s degree in finance / Accounting, and Master degree is a plus.
8-10 years of experience in executive-level finance and accounting.
Professional Certification (i.e. CPA, ACCA, CFA, CMA, etc.).
Proficiency in English languages and Arabic is a plus.

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