Divisional Manager Finance -for INFRA Cluster, Oman

Khimji Ramdas; Oman; On-site; OMR 30,760 - 46,140; Full time

Job summary

Khimji Ramdas in Oman is seeking a Divisional Manager Finance to manage and lead the finance and accounting functions for the Infra cluster. The role involves ensuring policies, processes, and compliance issues are effectively followed, providing strategic recommendations, and overseeing various financial operations.

The ideal candidate must have a CA qualification, at least 20 years of experience, and expertise in the shipping and logistics industry. This position requires strong leadership and communication skills.

Qualifications

• 20 years of relevant experience in finance and accounting.
• Minimum qualifications are CAs.
• Expertise in local regulations and international financial reporting.

Responsibilities

• Manage and lead finance and accounting functions for the Infra cluster.
• Ensure compliance with accounting standards and statutory regulations.
• Provide strategic recommendations to improve financial performance.
• Oversee budgeting, forecasting, and financial analysis.

Skills

Sound accounting and financial skills

Accounting/Reporting process as per local regulations / IFRS

Work experience in Shipping & Logistics Industry

In-depth understanding of Finance processes

Team management skills

Education

CA (Chartered Accountant)

Job description

Position Title:

Divisional Manager Finance

Reports to:

General Manager-Infrastructure Cluster

Division:

Infra-Multiple business verticals

Department:

Finance

Grade:

Divisional Manager

Job Purpose:

To Manage and Lead the Finance and Accounting functions for Infra cluster, with the aim to ensure policies, process and compliance issues are effectively followed and support GM of Infra cluster and Cluster Finance Head for business decisions and Management controls. He / She would be part of the Infra finance team.

Job Dimensions:

Number of Staff Supervised:

Direct Reports: 30

Total: 20

Financial Dimensions:

Revenue/OPEX/CAPEX: NA

Key Accountabilities:

Description: Transactional processing and Reporting

• Oversee all finance operations and ensure accurate and timely financial closing and preparation of financial and management reports
• Review all financial reports and ensure compliance with accounting standards and statutory regulations
• Budgeting, forecasting, financial analysis, and provide strategic recommendations to improve company's financial business performance
• Oversee various projects' progress, financial analysis, project forecasting, and assist GM for financial related decisions.
• Ability to put control mechanism, regular checks and monitoring financial performance
• Report periodical reports to GM for necessary requirements

Working capital management:

Manage effectively the working capital requirements of the business

• Interact and manage Principals for payments and receipts
• Credit control, review and assessment of credit risks and bad debts
• Coordinate with Corporate headquarters for all treasury and banking requirements

Governance, Risk & Compliance

• Drive improvements, develop and implement financial policies and improve internal control
• Recommend and facilitate process changes to avoid/manage risk in business process
• Interface with Statutory Authorities wrt Finance related matters/company affairs/ regulatory formalities
• Develop & Establish best International practices for smooth functioning of finance & accounts
• Explore to outsource the regular/time consuming accounting process

Liaising with various business leaders, understand business dynamics.

Communications & Stakeholder Management:

Internal

• Business Heads / GM
• Cluster Finance Head
• Finance Organisation
• HO Finance/Treasury/Tax Manager/Admn

External

• Government and Regulatory Authority
• Statutory Auditors
• Banks
• Tax Consultants

Qualifications, Experience, & Skills:

Minimum Qualifications:

CAs

Minimum Experience:

20 Years

Job-Specific Skills (Generic / Technical):

• Sound accounting and financial skills along with an appreciation of business drivers and processes
• Accounting/Reporting process as per the local regulations / IFRS.
• Work experience in Shipping & Logistics Industry.
• In-depth understanding of the Finance processes.
• Team management skills