Job Responsibilities:1. Financial Reporting & Financial StatementsPrepare monthly, quarterly, and annual financial reporting packages for KSA entities.Support the preparation of full financial statements (Balance Sheet, P&L, Cash Flow, and Notes).Ensure consistency between trial balances, general ledger, and reporting outputs.Maintain compliance with IFRS and SOCPA requirements.2. Consolidation & Group ReportingPrepare and maintain consolidation schedules.Perform intercompany reconciliations and eliminations.Validate intercompany balances prior to group reporting submission.Support preparation of consolidated financial statements.3. Audit Support & ComplianceAct as a key point of contact for external and internal auditors.Prepare audit schedules and manage PBC (Provided by Client) requests.Ensure all reports and supporting files are fully documented and audit-ready.Track audit observations and support timely resolution.4. Data Integrity & ReconciliationPerform detailed reconciliations across general ledger, sub-ledgers, and reporting templates.Investigate and resolve discrepancies in coordination with accounting teams.Ensure accuracy, completeness, and reliability of financial data.5. Balance Sheet Review & Financial ControlPerform periodic balance sheet reviews (BSR).Validate adequacy of provisions, accruals, and key balances.Ensure all balances are supported by appropriate documentation.Identify risks and inconsistencies and escalate proactively.6. Closing Process & Reporting ControlsSupport and monitor monthly closing cycles and timelines.Ensure completion of close checklists and pre/post-close validations.Perform cross-referencing checks, casting and re-casting, and period consistency reviews.Provide an independent control layer before final reporting submission.7. IFRS & Technical Accounting SupportSupport implementation of new IFRS standards.Assist in preparing technical accounting memos and documentation.Support accounting treatment assessments for key transactions.8. Process Governance & DocumentationMaintain proper documentation and working papers for all reporting deliverables.Ensure compliance with SSC policies, internal controls, and reporting procedures.Maintain version control and standardized filing structures.9. Process Improvement & AutomationIdentify opportunities to enhance reporting efficiency and accuracy.Develop and maintain advanced Excel models and reporting tools.Support implementation of reporting dashboards (e.g., Power BI).Required qualifications & skills:Bachelor’s degree in Accounting or Finance.3–7 years of experience in financial reporting, consolidation, or audit.Big 4 audit experience is a strong advantage.Strong knowledge of IFRS, financial statement preparation, and consolidation principles.Advanced Excel skills are mandatory, including complex reconciliations, data validation, and modeling.ERP systems experience: SAP, Oracle, or equivalent.Reporting tools: Power BI preferred.
Magrabi Health is a Saudi-Egyptian network of specialty eye and dental hospitals operating across the Middle East and North Africa. The group provides ophthalmic surgery, optical retail, and dental services through a network of hospitals, clinics, and retail locations.