Accounting Manager

Meranti Green Steel; Oman; On-site; OMR 42,000 - 70,000; Full time

Job summary

Meranti Green Steel in Oman seeks an experienced Accounting Manager to establish and lead the local accounting function, ensuring IFRS compliance and robust internal controls. You’ll work closely with the Singapore-based regional finance team to support group reporting, audits, and financial initiatives across the organization.

The role requires hands-on leadership to implement accounting processes from ground up in a dynamic multinational environment, with responsibility for statutory

Qualifications

• 8–10 years progressive accounting and finance experience.
• 3–5 years in a managerial or supervisory role.
• Experience in start-up, greenfield projects, construction, manufacturing, industrial, energy, mining, or heavy industry environments preferred.
• Experience working within multinational organizations and regional reporting structures.
• Experience supporting external audits and Group consolidation processes.

Responsibilities

• Establish and lead the Oman accounting function from start-up through operational readiness.
• Develop policies, procedures and internal controls aligned with Group requirements and IFRS.
• Ensure accurate and timely recording of transactions and close processes.
• Manage general ledger, fixed assets, AP/AR, and cash management; oversee monthly/quarterly/annual closes.
• Coordinate with external auditors and support Group consolidation and reporting.
• Support regional finance initiatives and intercompany reconciliations.
• Drive treasury and cash flow management; build and mentor local finance team.

Skills

Financial reporting

Internal controls

Tax compliance

Audits coordination

Project accounting

CAPEX management

ERP systems

Financial analysis

Leadership

Multinational experience

Education

Bachelor's degree

CPA/ACCA/CA/CMA

Tools

SAP

Oracle

Microsoft Dynamics

Job description

The Accounting Manager will be responsible for establishing and leading the accounting and financial reporting function for the Company's operations in Oman. This role will play a key part in setting up accounting processes, internal controls, statutory compliance, and financial reporting systems during the project development, construction, and operational phases.

In addition to local responsibilities, the position will work closely with the Regional Finance team in Singapore to support group reporting, consolidation, external audits, and corporate finance initiatives across the organization.

The successful candidate must be hands-on, capable of building accounting processes from the ground up, and comfortable working in a dynamic multinational environment.

Key Responsibilities:

Accounting Operations & Financial Reporting

• Establish and manage the accounting function for the Oman entity from start-up phase through operational readiness.
• Develop accounting policies, procedures, and internal controls in accordance with Group requirements and applicable accounting standards.
• Ensure accurate and timely recording of financial transactions.
• Manage the general ledger, fixed assets, accounts payable, accounts receivable, and cash management activities.
• Oversee monthly, quarterly, and annual financial closing processes.
• Prepare accurate financial statements and management reports.
• Ensure compliance with IFRS and Group accounting policies.

Project & Construction Accounting

• Support accounting activities during project development and construction phases.
• Monitor project expenditures, capital work-in-progress (CWIP), and capitalization processes.
• Coordinate with Project Controls and Procurement teams to ensure accurate financial recording of project costs.
• Track capital expenditures and ensure proper accounting treatment.
• Support financial reporting related to EPC contracts and project investments.

Statutory Compliance & Taxation

• Ensure compliance with Oman statutory accounting requirements.
• Coordinate with external consultants, auditors, and regulatory authorities.
• Manage corporate tax, VAT, withholding tax, and other applicable regulatory filings.
• Ensure timely submission of statutory financial statements and regulatory reports.
• Monitor changes in accounting, tax, and regulatory requirements.

Internal Controls & Governance

• Establish and maintain effective internal control systems.
• Ensure compliance with Group financial policies and corporate governance requirements.
• Implement financial controls to safeguard company assets.
• Support internal audit activities and management action plans.
• Drive continuous improvement initiatives within finance processes.

Audit & Group Reporting

• Serve as the primary coordinator for external and internal audits.
• Support annual Group audit requirements and consolidation activities.
• Prepare audit schedules, reconciliations, and supporting documentation.
• Liaise with Group Finance and Regional Finance teams regarding audit matters.
• Ensure timely resolution of audit findings and recommendations.

Regional Finance Support

• Work closely with the Regional Finance team based in Singapore.
• Support monthly, quarterly, and annual Group reporting requirements.
• Assist with financial consolidation and intercompany reconciliation processes.
• Support implementation of regional finance initiatives, systems, and process improvements.
• Participate in regional finance projects and special assignments as required.

Treasury & Cash Flow Management

• Monitor cash flow requirements and liquidity planning.
• Coordinate banking relationships and treasury activities.
• Support funding requests, capital injections, and financial transactions.Ensure effective cash management and financial controls.
• Build and develop the local accounting team as the business grows.
• Provide coaching and technical guidance to finance personnel.
• Foster a culture of accountability, compliance, and continuous improvement.
• Collaborate effectively with cross-functional teams including Operations, Procurement, HR, and Project Management.
• Support the CFO and Director Finance in all relevant tasks where requested.

Requirements/ Skills/ Experience:

• Minimum 8–10 years of progressive accounting and finance experience.
• At least 3–5 years in a managerial or supervisory role.
• Experience in start-up, greenfield projects, construction, manufacturing, industrial, energy, mining, or heavy industry environments is highly preferred.
• Experience working within multinational organizations and regional reporting structures.
• Experience supporting external audits and Group consolidation processes.
• Group Consolidation
• External & Internal Audit Coordination
• Project Accounting & CAPEX Management
• Internal Controls & Compliance
• Tax & Regulatory Compliance
• ERP Systems (SAP, Oracle, Microsoft Dynamics, or equivalent)
• Financial Analysis & Reporting

Required Education/ Qualification/ Training:

• Bachelor's Degree in Accounting, Finance, or related discipline.
• Professional qualification such as CPA, ACCA, CA, CMA, or equivalent is preferred.

Required Language Proficiency: