Sr/Specialist Financial Accounting
Reporting to Direct Report
0
Job purposeExecutes Financial Accounting activities, under Manager Financial Accounting scope’s acting as senior specialist, and team player for Financial accounting services through: (1) Executes the non-standard accounting, (2) Cross functional and cross business monthly, quarterly and annual process for closing the books and consolidating the financial results., (3) Executes group accounting standards and local GAPP (IFRS), and (4) contribute to maintain the Company Accounting Policy Manual;
in order to support financial goals and objectives of the Company while ensuring compliance with both local and international accounting standards for all group entities.
The position will act in accordance with the Company’s Mission, Vision, Values & Strategies, as well as, policies, guidelines, and international standards, supported by an IT Technology platform, HSE standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives.
Main tasks and responsibilities- Executes monthly, quarterly, half year and year end Management reporting/Group Reporting, including statutory and consolidation.
- Executes external reporting as per Local (IFRS), and as per CMA/MSX/Group guidelines.
- Executes closing processes, maintains close calendars and all related close and consolidation procedures and controls.
- Prepares compilation of consolidated balance sheets, income statements, statements of cash flows, and other financial statements
- Works collaboratively with the financial accounting team to develop financial reports to assists financial reporting, analysis, and business needs.
- Gathers and evaluates information gathered from multiple sources, in order to provide insights into business issues and recommend action plan to the functions.
- Build a robust consolidated reporting package; includes, but is not limited to, OQ RPI, Logistics, Polymer Marketing, International Offices Statutory & Government reporting.
- Coordinate with internal auditors, state auditors and statuary auditors to satisfy their requirements.
- Execute pre- procurement activities of the financial accounting team.
- Assists in developing/maintaining the Company accounting manual consistent with the Group policy and relevant accounting standards.
- Assist in compiling the budget of financial accounting team and monitor the actual performance of the team against the budget.
- Fosters an environment in which employees are actively encouraged to identify and implement departmental and company-wide continuous and quality improvement initiatives.
- Executes non-standard and complex accounting, such as impairment test for non-financial assets, employee benefits, site restoration, intangibles.
- Supports in preparation of technical accounting papers on complex accounting areas such capitalization, investments, derivatives, merger, impairment etc.
- Works closely with other departments like treasury, Commercial, Operation, legal and tax.
- Collaborates effectively with managers in areas of responsibility to ensure that department objectives, performance metrics, quality measures, and budget targets are achieved.
Internal: RPI
External:
Shareholder, Government, State and external auditors, lenders, consultant
Office environment, intensive computer screen use, sporadic visits to operation site.
Education requirementsBachelor’s degree in finance or related field | Professional Accounting certification (desirable)
LanguageExceptional knowledge of written, read, and spoken English (required) | Arabic - Native (desirable)
Background and experience Competencies and skillsBachelor
Snr Specialist
6-8 years of relevant experience
Specialist
5+ Years of relevant…
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).