Senior Officer Financial Reporting

Muscat, Sultanate of Oman | Posted on 10/02/2026

The Senior Officer – Financial Reporting plays a key role in preparation of financial reporting as per AAOIFI /IFRS and local regulatory requirements. He/She will adequately support the participation in the strategic planning process and co-ordinate the budgeting and forecasting process of the Bank. The Senior Officer will also support the staff in the taxation team as and when required.

• Prepare the skeleton financial statements for both Consolidated and Islamic and discuss and get approval for changes, if any, from Senior Manager, Financial Reporting, Head of Finance and auditors of the Bank
• Prepare the Bank’s financial statements for both Consolidated and Islamic, both quarterly for FSA as well as annual financial statements, in compliance with IFRS/AAOFI framework, based on the skeleton agreed as above.
• Co-ordinate with the statutory auditors for smooth completion of the quarterly reviews and audit within the prescribed deadlines and in compliance with the statutory regulations. Also interacting with other departments for the smooth flow of information as requested by the external auditors for the completion of their work.
• Prepare the Board presentations, rating agencies presentations and preparing any other information requested by Board or Executive management.
• To adhere to the FSA, MSX and CBO guidelines for financial reporting.
• To ensure that the year-end activities relating to the annual report preparation, MD&A compilation, Summary annual reports both in English and Arabic are prepared in a smooth and efficient manner.

• Reviewing / checking the monthly investment revaluation entries in the core banking systems passed by Treasury Back Office (TBO). Recommending the GL accounts opening in the core banking systems for investment related activities on TBO request.
• Preparing the monthly Investment performance report for the ALCO and EMC.
• Assist product team and IT department for any product development in the system by providing GL parameters / accounts / involvement in testing.
• Support the tax team by covering up for the absence in case of need.
• Assisting the coordination with other departments and preparing the required schedules with regard to BBB annual insurance policy.
• To spearhead all Arabic translations of the Bank relating to Financials on a quarterly and annual basis.

• To keep abreast of the latest changes in the IFRS and tax laws to enable effective Financial Reporting, tax planning and accurate filing of returns.
• To keep updated on the changes in FSA/MSX or CBO guidelines in relation to the financial reporting.
• To improve understanding of bank’s policies/procedures.
• To coordinate with HR/IT for regular training on updated versions of the systems used.

• To ensure compliance with Bank rules & regulations & staff conduct policies.
• To liaise with CBO examiners jointly with Management Accounting team and coordinate with other departments in order to provide required information and provide all returns / forms required from Finance Department.
• To assist in the Annual Business Budget / Plan.
• To maintain the operational standards and safeguards the Bank from loss and fraud.

• Bachelor degree in Accounting, with an additional professional qualification or Master’s degree.
• 4-5 years of experience in the finance department of a bank/financial services company, preferably in Finance department of a reputed organization.
• Highly proficient in MS Office suite, especially MS Excel.
• Good knowledge of computer packages for financial reporting, data querying and extraction and report writing tools.
• Knowledge of Equation system would be an advantage.
• Good knowledge of International financial reporting standards and the local regulations related to Financial Services Authority and Central Bank of Oman.