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Financial Analyst

Job in Muscat, Oman
Listing for: Gender
Full Time position
Listed on 2026-09-02
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst, Financial Compliance
  • Accounting
    Financial Reporting, Financial Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 60000 - 120000 OMR Yearly OMR 60000.00 120000.00 YEAR
Job Description & How to Apply Below

KEY RESPONSIBILITIES Own the full month-end and year-end closing process for O&M entities, ensuring accuracy, completeness, and timeliness. Prepare and review financial statements in strict compliance with International Financial Reporting Standards (IFRS). Maintain the integrity of the general ledger, chart of accounts, and period-end reconciliations. Drive balance sheet reconciliation reviews; ensure all positions are substantiated and aged items resolved. Develop and enforce accounting policies and procedures aligned with group standards and regulatory requirements.

Lead commercial financial reviews and negotiate terms with contractors, vendors, and service providers. Resolve commercial disputes and claim-related financial issues in a structured, documented manner. Engage proactively with senior management to present commercial positions, financial risks, and mitigation strategies. Coordinate with peers and cross-functional teams to align financial outcomes with operational and contractual obligations. Influence decisions through well-reasoned financial arguments;

get things done without relying solely on direct authority. Act as a trusted business partner to operations and project teams; develop deep understanding of commercial contracts, O&M agreements, performance regimes, and penalty/bonus mechanisms to provide finance guidance that is both technically sound and operationally relevant. Maintain detailed knowledge of key contract terms, financial obligations, variation order processes, and milestone structures;

ensure these are accurately reflected in financial records and proactively flagged when deviations arise. Exercise sound judgment on escalation; distinguish between issues that can be resolved at working level and those requiring senior management attention and act accordingly without delay Ensure adherence to all applicable statutory, regulatory, and group compliance requirements. Maintain and enhance the internal control framework; identify gaps and drive remediation.

Support and coordinate internal and external audit processes; act as primary liaison for audit queries. Monitor compliance with international accounting standards, group policies, and local regulatory mandates. Prepare and present governance updates to senior management and relevant committees Coordinate with operations, procurement, and project teams to ensure financial inputs are accurate and timely. Own the O&M annual budget cycle end-to-end: coordinate inputs from operations and project teams, challenge assumptions, consolidate submissions, and present a credible, defensible budget to senior management.

Drive re-forecasting cycles and rolling forecast updates; produce rigorous variance analysis that explains budget vs. actual movements with clear operational context, not just accounting entries. Manage all direct and indirect tax obligations across O&M operations, including corporate income tax, withholding tax, and any applicable transfer pricing considerations; ensure timely filing and proactive identification of tax exposures. Own VAT compliance end-to-end: ensure accurate VAT treatment across all O&M transactions, manage VAT return preparation and submission (coordinating with the outsourced transactional team), reconcile VAT control accounts, and manage any queries or disputes with the relevant tax authority.

Prepare management reports, presentations, and board-level financial packs with clarity and precision. Represent the finance function in cross-departmental meetings, project reviews, and external forums

Desired Candidate Profile
  • Certified professional accountant qualification:
    Chartered Accountant, Management Accountant, ACCA, CA, CPA, CMA or equivalent
  • 10 – 15 years of experience managing multiple assets or a cluster of assets
  • Minimum 10 years of power sector experience, specifically in Operations & Maintenance (O&M)
  • Minimum 10 years of experience managing and building teams, including direct and/or outsourced resources.
  • Minimum 10 years of GCC experience
  • Minimum 5 years of GCC tax management experience
  • Minimum 5 years of audit management experience, including external auditor coordination
  • Minimum 5…
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