Financial Reporting, Senior Associate, Riyadh, KSA

Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action- and results-oriented professionals. We take a hands-on approach to solving our clients' problems and helping them reach their potential. A&M is different by design: we give people ownership and impact from day one, fuel development through real opportunity, and provide direct access to leaders who invest in our growth. Our culture celebrates independent thinkers and doers who positively impact clients and shape our industry. Guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity, our collaborative, globally minded environment is why our people love working at A&M.

Team

Joining the Finance Team located in Riyadh, Saudi Arabia and be part of an established finance team that supports offices across Europe, Middle East and Africa.

The Financial Accounting Team works closely with Local External Accountants and are responsible for all financial accounting and reporting for the EMEA business including but not limited to month end close, balance sheet reconciliations, intercompany reconciliations, Local content (KSA) and In-Country Value Program (UAE/Qatar), appointment of auditors and statutory & compliance filings (VAT, WHT, Financial Statements etc.)

How You Will Contribute

The successful applicant will report to the Financial Manager and will work alongside the Finance Team, external advisors, auditors, ME Finance Director and the wider business as required.

• Month end - GAAP
• Completing monthly close to global deadlines including preparation and posting of month-end journals
• Review of monthly balance sheet recon, including support in timely resolution of differences
• Review of quarterly Intercompany Reconciliations and Invoicing, including working with our Treasury Team to ensure timely settlement of Intercompany Balances
• Monthly local statutory accounts, fiscal and compliance support
• On a monthly basis review and reconcile local GAAP / management accounts, understand differences and where appropriate adjust GAAP and/or local books
• Liaise with external advisors, including auditors and local accountants.
• Support the local country audits ensuring a timely submission of Financial Statements, and A&M Tax Team to ensure a timely submission of Corporation Tax and Transfer Pricing Returns
• Provide review support for VAT and other fiscal returns and ensure these are correctly reported to the local fiscal authority on a timely basis and correctly accounted for in GAAP books
• Developing a strong understanding of, and supporting, the Local Content (KSA) and In-Country Value (ICV) compliance and filing requirements across the Middle East region will be important.
• Support direct and wider team through integration of new ERP system, including testing and data review
• Evaluate and update existing workflows to leverage new ERP functionality and best practices
• Assist with the preparation of the financial statements, as required
• Liaising with Accounts Payable, Accounts Receivable and FP&A to ensure that costs are correctly allocated to each business unit
• Assistance with ad-hoc projects as and when required
• Ensuring a robust control environment is operated and maintained
• Maintaining awareness of, and keeping abreast of, regulatory developments across the Middle East that may affect your responsibilities will be essential.
  
  

Qualifications

• KSA National only. We are unable to consider anyone on a work permit.
• Qualified accountant with 4-6 years’ experience in industry
• Previous experience operating in an international multi-site business with exposure to FX transactions
• Experience of supporting the preparation of local GAAP financial statements
• Experience in VAT preparation, review and submission - ideal but training provided
• Good technical knowledge including proficient in the use of MS Excel, previous experience of working using a Global ERP systems - SAP
• Professional services industry experience is desirable
• Demonstrable ability to meet deadlines, results orientated and “can do” attitude
• A natural team player who can interact easily with team and have strong communication skills
• Ability to work with large data sets, and comfortable with manual, detail driven processes
  
  

Your journey at A&M

At A&M, professional growth is tied directly to performance, not tenure. Our people take on meaningful, hands-on work supported by a performance development process that rewards contribution and fosters a culture of meritocracy. Stretch roles, evolving business needs, and firm growth create ongoing opportunities for ownership and building new skills, while direct access to senior leaders provides mentorship and real-time coaching along the way. We also prioritize your wellbeing through comprehensive benefits and resources. Together, these elements create an environment where high-performing professionals can continue to grow and advance from day one.