Assistant Finance Manager

Gastronomica; Muscat; On-site; OMR 10,000 - 15,000; Full time

Job summary

A leading hospitality company in Muscat is seeking a financial manager to ensure financial procedures and controls safeguard assets, manage cash flow, and participate in strategic planning. The ideal candidate has over 10 years of experience in financial roles within the hospitality or F&B industry, with at least 5 years in GCC countries. This role primarily focuses on overseeing budgetary controls and reporting financial performance.

Qualifications

• Experience in financial roles within the hospitality or F&B industry.
• Minimum 5 years of experience in GCC countries.
• Candidates should preferably be available in Oman.

Responsibilities

• Ensure procedures and controls exist to safeguard assets.
• Establish and execute capital provision programs.
• Oversee cash-flow position and improve opportunities.
• Oversee budget controls and review deviations.
• Participate in strategic planning and business modeling.
• Analyze performance indicators and report to management.

Skills

Masters’ degree in Financial Management

10+ years experience in Financial role

GCC experience

Education

Professional qualification such as SPA / CA / CMA

Job description

Responsibilities

• To ensure that the appropriate framework of procedures and controls exist to safeguard the company’s assets and to ensure that all financial transactions at the Holding and Subsidiary levels are recorded in accordance with accepted accounting principles and practices.
• To establish and execute programs for the provision of the capital required by the business, including negotiating the procurement of capital and maintain the required financial arrangements.
• To oversee the cash-flow position of the company, and identify and implement opportunities to improve cash flow.
• To oversee budgetary controls and review deviations to the company’s strategy and business plans.
• To participate in strategic planning through business modeling and forecasting and in the formulation of long term business plans; to analyze business plan modifications and its implications on the organization’s financial framework.
• To analyze, review and report lead and lag performance indicators to the management and other stakeholders and redress through appropriate interventions, as necessary.
• To assist in strategic decision making, and showcase risks that may be associated with any future expansions and initiate actions to mitigate these risks.
• To review and approve agreements concerning financial obligations and activities requiring commitment of the organization’s financial resources.
• To oversee the preparation of periodic reports on the Company’s financial performance as well as the Annual Report, and reports for submission to regulatory bodies.
• To perform other duties as instructed which contribute to the effective management of the company.

Skills

• Masters’ degree in Financial Management with a professional qualification such as SPA / CA / CMA
• Minimum 10+ years experience in Financial role within Hospitality or F&B industry, Minimum 5 years on GCC countries .
• Prefer candidates available in Oman