Financial Controller Job Muscat area,Oman,Accounting

Position: Financial Controller

Eligibility: Omani Nationals only

Qualifications

Degree in Finance, Business, or Accounting
Professional certification: CA, CPA, ACCA, CIMA, or equivalent
Fluent in English and Arabic (written & spoken)

Experience

8–12 years in accounting (project + operations), with experience in engineering/construction company
JV experience a plus
Strong IFRS/Local GAAP knowledge; IFRS/US GAAP/SOX a plus
Familiar with tax, VAT, WHT, TDS, treasury, transfer pricing in E&C sector
ERP experience essential (SAP/Oracle preferred, Exact a plus); strong Excel skills
Good commercial acumen; comfortable working with senior management, projects, and sales teams

Core Responsibilities (grouped)

General Accounting & Reporting – Monthly closing, reconciliations (intercompany, bank, system), FX gain/loss, P&L/Balance Sheet, management & cash flow reports, board presentations

Accounting Manual & Standards – Maintain/update Accounting Manual, ensure IFRS 15 (Revenue) & IFRS 9 (ECL) compliance, set DSO/DPO methodology, manage year-end close calendar

Audit & Compliance – Lead statutory & tax audits, manage auditor selection/quotes, ensure IFRS and local regulatory compliance

Tax & VAT – Monthly VAT/WHT/TDS filing and reconciliation, ensure PASI/VAT/WHT compliance, timely tax return filing

Budgeting & Forecasting – Annual budget/forecast (P&L, Balance Sheet, Cash Flow) each Sept–Dec cycle; 5-year plan using DCF method

Banking & Collections – Manage banking/guarantees, daily cash reporting, support CFO on collections/payments

Payroll – Process payroll, bank transfers, and reconciliations monthly

Fixed Assets & Investments – Maintain fixed asset registers (statutory & tax), evaluate ROI/payback on investments

Insurance – Prepare insurance analyses (PI, Workmen's Comp, Fire, Fidelity, Vehicle); support HR on medical insurance

Project Accounting – Ensure project costs stay within contract value, monthly forecasting vs. actuals, FX calculations, revenue recognition per IFRS 15

Rates & Multipliers – Calculate manhour rates, overhead rates, and internal markups; annual review tied to budget cycle

Internal Controls – Design and monitor effective internal controls and regulatory compliance

Team & Self-Development – Lead finance team, run internal training/awareness sessions, stay current via CPD

In short:

A senior, hands-on finance leadership role covering full-cycle accounting, project accounting, tax/compliance, budgeting, and team management for an engineering/construction business — reserved for Omani nationals with strong technical accounting credentials and bilingual communication skills.