Group Finance Manager

Location:

Muscat, Sultanate of Oman | Employment:
Full-time

Reports to:

Group Chief Executive Officer

A diversified family-owned group operating in real estate development, property management, construction, hospitality, manufacturing and technology is seeking a Group Finance Manager to lead financial and accounting operations, improve reporting accuracy, manage liquidity and strengthen cost control.

The role oversees finance teams across the companies, standardises processes and provides the Group CEO with reliable information, analysis and practical recommendations. It requires direct involvement in execution and follow-up, working closely with company and departmental managers.

• · Manage monthly and annual closing and prepare profit and loss, balance sheet and cash flow reports for each company and the group.
• · Review bank reconciliations, customer and supplier balances, fixed assets and inventory; ensure complete supporting documents and accurate accounting entries.
• · Reconcile intercompany balances and transactions and prepare the required consolidation eliminations.
• · Report performance against budget, explain variances and agree corrective actions with the relevant departments.

• · Prepare a rolling 13-week cash flow forecast, updated weekly, and assess funding requirements for the following 12 months.
• · Monitor receivables ageing, collections and credit limits; coordinate overdue recovery plans with sales, leasing and other responsible teams.
• · Prepare payment plans based on approved priorities and obligations, maintaining separation between preparation, review, approval and execution.
• · Monitor facilities, loans, repayments, guarantees and banking covenants; prepare financing applications and supporting analysis for management approval.

• · Coordinate annual budgets with company and departmental managers and update forecasts for actual performance and new commitments.
• · Monitor expenditure, commitments and cost centres; recommend practical improvements that increase efficiency while maintaining service quality.

• · Track project budgets, actual costs, contractual commitments, variations and forecast costs to complete with project managers and quantity surveyors.
• · Report expected final profit and cash requirements for each project, escalating cost overruns and collection delays early.
• · Monitor contractor and supplier balances, retentions and claims with the responsible specialists; verify documentation and approvals before payment.
• · Analyse rental income, arrears, maintenance costs and building profitability, and assess the financial impact of payment plans and discounts.

• · Review production costs, raw materials, waste and inventory with factory management; analyse margins by product and customer.
• · Coordinate stock counts and valuation and reconcile material movements and production records with accounting records.
• · Monitor the financial performance of hotels and other businesses, analysing revenue, costs and profitability against budgets.

• · Develop financial procedures and delegated authority limits for approval and monitor compliance across companies.
• · Document intercompany transactions and funding and related-party transactions; respect restrictions on project and client funds.
• · Oversee tax filings and statutory reporting with advisers; coordinate external audit requirements and follow up on findings.

• · Lead finance requirements for the Odoo…