Finance Manager

Muscat, Muscat Governorate, Oman, Oman

Job Description

A Leading Real Estate Development Company

The Role

Reporting directly to the CFO

you will be supporting and assisting CFO for the effective management of all financial tasks, including accounting, treasury, compliance, financial reporting, tax and development of internal control policies and procedures.

Provide support and coordination in the administrative, accounting and budgeting efforts of the company.

Key Responsibilities

. Ensuring daily transactions are captured and recorded in the system and assist team in this tasks

. Ensures timely closure of books on monthly basis to deliver on time monthly, quarterly and annual accounts in compliance with IFRS.

. Prepares financial summaries, reports, analysis, cost-benefit analysis and/or ad-hoc financial reports as required by the Senior Management.

. Ensures timely issuance of accurate weekly and/or monthly flash / reports.

. Prepare, organize, send timely payment notifications and reminders to buyers based on the payment plans.

. Tracking payment defaulters and reporting it to CFO for further action in compliance with sale purchase agreement.

. Ensures scrutiny on vendors/contractor's bills and timely payment to all suppliers and supplier accounts reconciliation.

. Weekly cash flow forecast, related funding needs, and available funds.

. Develops and maintains working relationships with banks, escrow accounts and trustee banks and understands all requirements of escrow account regime to ensure timely settlement of payments.

. Ensures entity level legal & tax compliance with corporate/tax laws & rules, VAT including VAT legislation / practice / procedures and monthly / annual filings.

. Coordinates with external auditors for audit plans and ensures timely delivery of entity level financial reports in consultation with CFO.

Requirements

Qualified Accountant - CPA / CIMA / CA / ACMA or other recognized accounting qualification

10-12 years of post-qualification progressive experience

Minimum 2+ years at a Managerial / Chief Accountant Level

Experience of residential real estate development

Strong technical accounting skills, including IFRS

Working knowledge of ERP systems - Sales force, Financial Force, Focus

Advanced knowledge of Microsoft Office

Experience of working within a multi-cultural environment.

Should have managed a team of at least 4 to 5 accountants

Should have worked with companies with turnovers more than 5 million OMR yearly

Should have a corporate exposure and had been in an environment of more than 50 employees.

Real Estate Industry or Construction related Experience

Proven track record of success in senior roles.

Confident, driven and dynamic leader.

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Job Detail

  • Job Id
    JD1699591
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Muscat, Muscat Governorate, Oman, Oman
  • Education
    Not mentioned