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Finance Manager

Job in Muscat, Oman
Listing for: Oman Investment Authority
Full Time position Listed on 2026-11-07
Job specializations:
Salary/Wage Range or Industry Benchmark: 12000 - 18000 OMR Yearly OMR 12000.00 18000.00 YEAR

Job Description & How to Apply Below

Role Objective:

Manage the Company s financial activities, including accounting, reporting, budgeting, costing and financial planning, so that all transactions are properly accounted for and financial information supports management decisions.

Duties and Responsibilities:

Managerial Responsibilities

Plan and lead the Finance & Accounts team, agreeing priorities, manpower needs and performance goals with the CFO.

Core Responsibilities

Set and maintain accounting policies, financial controls and procedures in line with IFRS, corporate policy and Omani law, safeguarding the Company s assets.

Produce accurate monthly, quarterly and annual financial statements, with General Ledger reviews and account reconciliations completed on time.

Lead internal, external and state audits, maintaining audit readiness, securing full sign-off and closing management letter points as agreed.

Meet all statutory, tax and shareholder reporting obligations, including timely filing of provisional and annual income tax returns.

Manage fixed asset accounting, including timely capitalization, tracking and periodic physical verification.

Lead the annual budget and forecasting cycle, building budget models, monitoring utilization and managing variations within the manual of authority.

Develop and update the business plan in line with corporate strategy, and act as custodian of the corporate balanced scorecard and KPIs.

Oversee receivables and collections, including credit policy, ageing review, recovery of overdue amounts and bad-debt provisioning.

Oversee payables and treasury, ensuring suppliers are paid as per contract and payments are reconciled within the control framework.

Manage the Company s insurance program, including valuations, tendering, renewals, claims and cost tracking.

Maintain the financial aspects of the risk register, identifying risks and driving mitigation actions.

Provide timely management reports and analysis to the CFO, leadership team and Board to support decision-making.

Other Core Responsibilities

Comply with QHSE and organizational policies, procedures and risk registers applicable to the role.

Apply HR policies in all people management activities and foster a positive, team-based work environment.

Desired Candidate Profile

Education:

Bachelor s degree in accounting, Finance, or Commerce.

Professional certification (CPA, ACCA, CMA) preferred.

MBA/ MSc. in Finance or any equivalent combination of relevant education is desired.

Experience:

Minimum 7 years of significant work experience in managing Finance & Accounts Department.

Special Skills & Knowledge:
Technical skills:
  • Expert knowledge of IFRS / IAS and financial reporting
  • Strong financial analysis, modelling and forecasting skills
  • Proficiency in MS Suite
Soft skills:
  • Strategic planning and business management
  • Team leadership, relationship and stakeholder management
Competencies:
  • Financial reporting and control
  • Budgeting and financial planning
  • Audit, tax and regulatory compliance
  • Financial analysis and decision support
  • People leadership
  • Stakeholder management
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