Consolidation and Financial Reporting Manager

Department: Corporate / Accounting and Finance

Reports To: Chief Financial Officer

About the role:

The position is responsible for supporting the Group Finance Department in the preparation of quarterly consolidated financial reporting, 10-year financial projections, debt-related compliance, variance analysis, and monitoring across HAACO and its subsidiaries.

Key Responsibilities:

• Subsidiary Coordination 
• Coordinate with the finance teams of HAACO’s subsidiaries, local and overseas, to ensure timely receipt and review of their quarterly management financial statements.
• Monitor compliance with reporting timelines and Group accounting policies.
• Consolidation and Reporting
• Prepare quarterly the Group’s consolidated financial statements in accordance with applicable accounting standards.
• Prepare regular financial analysis, management financial reports, and audit support across the consolidated, HAACO stand-alone, and individual Business Unit levels
• Financial Projections
• Prepare and update quarterly the comprehensive 10-year rolling financial projections at consolidated and stand-alone levels, including income statements, balance sheets, and cash flow statements.
• Leverage and Borrowing Capacity Analysis
• Calculate current and projected leverage ratios, gearing levels, and borrowing capacity, including equity bridge loans (EBL).
• Prepare financial metrics and ratios used for strategic and financing decisions.
• Banking Covenant Compliance
• Monitor compliance with financial covenants across all borrowing facilities and Equity EBLs and report expected deviations.
• Prepare periodic covenant testing reports and ensure timely communication with lenders.
• Debt Servicing and Cash Flow Monitoring
• Maintain a schedule of HAACO’s debt and EBL obligations and ensure timely reporting of upcoming principal and interest payments.
• Track and forecast cash requirements for debt servicing and report proactively.
• Debt Refinancing Support
• Assist in the preparation of financial supporting documentation required for debt refinancing, restructuring, or new financing arrangements.
• Liaise with different stakeholders (teams, financial institutions, advisors, etc.) as needed.

We're looking for someone with:

• Active SOCPA membership.
• Professionally certified accountant with a recognized qualification such as CPA, ACCA, ACA, or CIMA — or any similar equivalent certification.
• Minimum of 10 years of relevant experience in a group or holding company environment
• Strong understanding of ERP systems (e.g., Oracle, Odoo).
• Financial consolidation, corporate finance, and debt management.
• Proficiency in Excel-based forecasting.
• Working knowledge of IFRS and banking covenants.
• Communicates effectively in English.

• Ready to join our team? Apply now!