The Reporting Section Head is responsible for managing and overseeing the preparation and analysis of financial reports at both the consolidation and subsidiary levels. This role requires a strong focus on financial reporting, variance analysis, and ensuring the accuracy and completeness of financial data across the group
Financial Reporting and Analysis:
Prepare detailed month-over-month (MOM) analysis for both consolidation and subsidiary levels.
Prepare working capital analysis for both consolidation and subsidiary levels.
Consolidate and analyze accounts receivable (AR) aging reports.
Update the rolling forecast on a monthly basis for the entire group.
Prepare detailed variance analysis between actual and budget figures.
Prepare sensitivity analysis and scenarios to support decision-making.
Debt and Treasury Coordination:
Monitor debt movements in coordination with the Treasury team across the group.
Consolidate letters of guarantee (LG), letters of credit (LC), and finance expense reports.
Financial Statement Preparation:
Prepare consolidated financial statements
Update financial ratios and compare them with trends.
Present financial reports and respond to questions regarding budget details from executive management and other stakeholders.
Follow up on collection statuses with relevant stakeholders to ensure timely receivables.
Support initiatives aimed at improving financial processes and implementing changes to achieve efficiency and the company's objectives.
Implement and support new financial reporting systems and tools, such as the Hyperion planning system.
Follow up all HSE instructions.
Coach, develop, motivate, monitor, and follow up on team members’ performance, ensuring high productivity and skills development.
Participate in the identification and recruitment of key talents for the reporting team.
Lead, guide, and assist direct reports to perform their operations according to set policies and procedures.
Set performance objectives, provide necessary support, evaluate/appraise the team, and provide regular feedback on performance.
