Senior Financial Consolidation Specialist

1 week ago


Kuwait City, Al Asimah Babtain Full time
About Al Babtain Group

Founded in 1948, our group was built on the values of integrity and commitment, driven by passion. True to the vision of our founders, today we represent some of the world's leading brands, spanning from the USA to the Far East.

We have expanded our operations to include automotive, Information Technology, investment, industrial, and finance, establishing a strong footprint in each sector with best practices. In key segments such as Nissan Middle East, we have earned the distinction of being a market leader, commanding the highest market share.

Our active investment division explores opportunities in the real estate sector, focusing on leisure, residential, and commercial projects in neighboring countries. This provides us with a steady stream of additional revenues. We enter new markets after in-depth research and thorough due diligence, followed by building partnerships with leading players in the field.

About the Role

  • Involve in various team-based projects throughout the project lifecycle, including requirements gathering, data collection, guiding users in data preparations, process reengineering, solution design, implementation, and delivery.
  • Provide professional and effective functional and technical consulting services in the growth of the Financial Reporting & Consolidations Practice.
  • Conduct current state assessments to understand a client's business process and pain points.
  • Prepare for and help facilitate/support application design sessions related to the implementation of FCCS or ARCS, including database structure, business rules, reports, and security.
  • Document system design requirements according to business needs.
  • Configure application components, including databases, rules, calc scripts, reports, security, and process management modules.
  • Mentor project team members on client engagements to build their capabilities.
  • Assist with data conversion and interfacing activities, including testing and tying out data. Support deployment of consolidation applications.
  • Partner with IT and Finance teams to develop and build the Practice strategy and initiatives.
  • Providing expertise and input regarding consolidation processes to prospective clients.

Requirements

  • Bachelor's degree in information technology or computer science or a related field.
  • 5+ years of implementation experience with Oracle Financial Consolidation and Close Services Cloud.
  • Knowledge of GAAP, IFRS accounting standards, financial audits, internal controls.
  • ERP accounting systems, financial close cycle, consolidation, consolidated financial creation, financial reports, Smart View, intercompany eliminations, data reconciliation.

Estimated Salary Range: $80,000 - $120,000 per year



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