Chief Financial and Business Support Officer

Oman Investment Authority; Muscat; On-site; OMR 90,000 - 130,000; Full time

Job summary

Oman Investment Authority seeks a visionary Chief Financial and Business Support Officer to lead finance, procurement, IT, legal and HR operations. The role reports to the CEO and drives financial planning, governance and performance across key units including data centre, cloud, IoT and cybersecurity.

The successful candidate will bring 12+ years of leadership in financial management, strong regulatory accounting skills and professional qualifications (CPA/ACCA/CFA preferred), enabling

Qualifications

• 12 years of leadership experience in financial management and business support functions.
• Strong expertise in financial planning, cash flow management and regulatory accounting.
• Proven ability to optimise processes, vendor negotiations and contract development.

Responsibilities

• Develop and oversee comprehensive business plans and budgets in collaboration with strategy team.
• Align investments in platforms, talent and capabilities with growth and profitability goals.
• Provide strategic insights into financial performance to support executive decisions and improvements.
• Establish governance frameworks for financial decisions aligned with goals and hurdle rates.
• Design and implement integrated support strategies across finance, procurement, IT, legal and HR.
• Drive long-term planning for resource allocation, talent development and vendor partnerships.
• Identify and mitigate risks related to compliance, vendor relationships and financial operations.

Skills

Leadership

Financial management

Procurement

Talent management

Education

Bachelor's in Finance/Accounting/Business

MBA/MSc Finance

Advanced professional qualifications

Job description

Chief Financial and Business Support Officer

Role Objective
The Chief Financial and Business Support Officer (CFBSO) is a senior leadership position reporting directly to the CEO responsible for ensuring financial sustainability, operational excellence and strategic alignment across key support functions. These include financial planning and operations, procurement, IT, legal and talent management. The CFBSO is integral to driving organizational efficiency, compliance and service excellence across all vertical units such as data centre, cloud, IoT, cybersecurity and system integration services. This role combines strategic foresight with operational leadership to enable the organisation's growth ambitions while fostering a culture of continuous improvement, collaboration and accountability. This is a pivotal role for a visionary leader capable of blending strategic planning with operational excellence to drive sustainable growth and organisational efficiency.

Responsibilities

Strategic Responsibilities

• Develop and oversee comprehensive business plans and budgets in collaboration with the strategy team
• Align investments in platforms, talent and capabilities with the organisation's growth and profitability goals
• Provide strategic insights into financial performance to support executive decision-making and operational improvements
• Establish and maintain governance frameworks for financial decisions ensuring alignment with organisational goals and hurdle rates

Business Support Strategy

• Design and implement integrated support strategies across finance, procurement, IT, legal and HR functions
• Drive long-term planning for resource allocation, talent development and vendor partnerships to support organisational agility and innovation
• Identify and mitigate risks related to compliance, vendor relationships and financial operations

Organisational Development and Leadership

• Foster a high-performance culture across all support functions by driving collaboration, capability building and accountability
• Act as a trusted advisor to the executive leadership team on matters related to financial strategy, risk management and operational efficiency

Operational Responsibilities

• Finance Operations and Reporting: Oversee all financial operations including revenue accounting, billing, commission calculations and compliance with accounting standards and audits
• Manage credit risk, tax compliance including VAT, shareholder reporting and regulatory accounting matters
• Ensure effective cash flow management, debt portfolio oversight and counterparty risk mitigation strategies
• Optimize governance of inventory, fixed assets, vendor payments and collections to ensure financial discipline
• Procurement and Vendor Management: Lead RFI, RFP, RFQ processes and vendor negotiations in collaboration with product and bid teams; Manage vendor performance, ensure demand alignment and oversee category-level spending to achieve cost efficiencies; Oversee logistics, warehousing and stock management to ensure timely delivery and operational effectiveness
• Legal and Contract Management: Provide legal guidance to develop and execute contracts that are commercially advantageous and operationally feasible; Collaborate with bid management, partner management and technology teams on legal matters to support project execution; Liaise with the parent company's legal team to align shared legal responsibilities and strategies
• Talent Management and HR Operations: Oversee recruitment processes to ensure timely hiring aligned with organisational needs; Lead initiatives for capability-building in core functions such as sales, technology and operations; Develop and implement career paths, retention strategies and upskilling programs to foster employee engagement and development; Oversee HR performance frameworks including incentive schemes in collaboration with the finance team
• Business Support and Performance Optimisation: Streamline and optimise business support processes to enhance service delivery and operational efficiency; Oversee outsourcing and contractor management ensuring alignment with organisational demand and performance standards; Manage shared service centre operations to support the company's subsidiaries effectively
• Pricing and Deal Support: Maintain and update pricing calculators and business case templates in collaboration with bid teams; Establish pre-approved pricing frameworks for service components ensuring alignment with profitability targets; Support strategic pricing for custom and large-scale projects ensuring competitiveness and profitability

ROLE SPECIFICATIONS

Qualification

• Bachelor s degree in Finance Accounting Business Administration or a related field
• Master s degree e g MBA MSc Finance preferred
• Advanced professional qualifications or equivalent work experience will be considered

Certification

• Professional accounting or finance certification e.g. CPA ACCA CMA or CFA required or strongly preferred
• IFRS certification e.g. ACCA DipIFR or equivalent regulatory accounting qualification preferred
• Procurement or supply chain certification e.g. CIPS or CPSM desirable
• HR or organisational development certification e.g. CIPD SHRM-SCP or SPHR desirable
• PMP PRINCE2 or equivalent project or process improvement certification e.g. Lean Six Sigma desirable
• Executive leadership or MBA-level programme completion considered an advantage

Experience

12 years of leadership experience in financial management and business support functions with a proven ability to optimise processes and lead cross-functional teams. Strong expertise in financial planning, cash flow management, tax compliance and regulatory accounting. Demonstrated experience in managing procurement processes, vendor negotiations and legal contract development. Proven track record in talent management, organisational development and performance frameworks including career pathing & capability development.

Skills

ROLE SPECIFICATIONS:

Qualification

• Bachelor s degree in Finance Accounting Business Administration or a related field
• Master s degree e g MBA MSc Finance preferred
• Advanced professional qualifications or equivalent work experience will be considered

Certification

• Professional accounting or finance certification e.g. CPA ACCA CMA or CFA required or strongly preferred
• IFRS certification e.g. ACCA DipIFR or equivalent regulatory accounting qualification preferred
• Procurement or supply chain certification e.g. CIPS or CPSM desirable
• HR or organisational development certification e.g. CIPD SHRM-SCP or SPHR desirable
• PMP PRINCE2 or equivalent project or process improvement certification e.g. Lean Six Sigma desirable
• Executive leadership or MBA-level programme completion considered an advantage

Experience

12 years of leadership experience in financial management and business support functions, with a proven track record of driving growth and operational excellence across multiple business units. Proven expertise in finance, procurement, legal services, talent management and technology, with a deep knowledge of financial planning, reporting, budgeting and cash flow management. Demonstrated leadership in cross‑functional initiatives, especially in technology and product development, required in the monitor; building influence and stakeholder alignment.

Skills

3. Detailed knowledge of financial dealing with transaction which ...