Finance Operation Manager

Overview

To oversee and manage the day‑to‑day financial operations of ADC, ensuring the accurate and timely processing of accounts payable, accounts receivable and general ledger accounting while maintaining robust internal controls and compliance frameworks. The role is responsible for driving operational efficiency across transactional finance functions, ensuring the integrity of financial records and supporting the delivery of accurate financial reporting in alignment with ADC’s policies and standards.

• Strategy Formulation: Contribute to the formulation and implementation of departmental strategy and plans to ensure alignment with ADC’s business line needs and objectives.
• Leadership: Manage department staff by overseeing performance management, recruitment, training and development to ensure a high level of engagement and a motivated work environment.
• Sourcing of Funds: Oversee monitoring of cash forecasting, investment and reporting for each category of funds to ensure efficient debt and cash management. Engage private and foreign investors, government bodies for fund sourcing and formulate a cash flow matrix to monitor the flow of funds and ROI for investors and stakeholders.
• Financial Accounting: Direct the preparation of financial statements; review charts of accounts and propose new accounts; implement IFRS standards and make required changes.
• Internal Control and Audit: Monitor all internal controls to safeguard assets, minimize financial risks, and meet statutory requirements. Review internal controls through external audits and monitor the financial effectiveness of internal systems.
• Audit Liaison: Engage external auditing agencies to manage audit processes and coordinate the entire process across departments.
• Risk Management: Recognize, assess and manage risk; develop mitigation strategies and evaluate risks against stakeholder objectives and constraints.
• Change Management: Oversee policy changes through continuous improvement of departmental systems, processes and practices, considering international standards and business environment changes.
• Policies, Systems & Procedures: Develop and implement departmental policies, procedures and controls covering all areas of activity to ensure compliance with procedural, legislative and standard requirements while delivering a quality, cost‑effective service.
• Quality, Health, Safety & Environment: Ensure compliance with all relevant quality, health, safety and environmental management procedures and controls in all general ledger accounting activities, guaranteeing employee safety and high‑quality delivery.
• Reporting: Ensure timely and accurate preparation of departmental reports in line with ADC policies and standards and departmental requirements.
• Ad-hoc Tasks: Perform any additional tasks as required by the line manager.

• Bachelor’s degree in finance; MBA or equivalent postgraduate qualification from an internationally recognized business school preferred.
• ACCAs or CIMA qualifications are a plus.
• Minimum 7 years of experience working in the finance department of a large, process/manufacturing industry, with at least 5 years in a supervisory role.
• Knowledge of ship repairing processes; functioning of various department financial operations.
• Proficiency in financial guidelines, accounting, taxation guidelines of Oman and IFRS risk management.