Expert - Corporate Finance & Planning

Oman Oil Marketing Company; Muscat; On-site; OMR 12,000 - 18,000; Full time

Job summary

Oman Oil Marketing Company seeks a seasoned Finance Analyst to prepare management reporting, monthly closings, and variance analysis. You will support budgeting, forecasting, and board reporting, collaborating with business units to understand drivers of performance.

The role requires strong MS Excel and Oracle ERP skills, plus fluency in English and Arabic. 6+ years in finance with initiative and accuracy are expected. This is an on-site position based in Muscat, Oman.

Qualifications

• Bachelor's degree in finance or accounting required
• Professional Certification such as ACCA, CPA, ICAEW or CIMA preferred
• Minimum 6 years of Finance experience including relevant experience

Responsibilities

• Prepare management reporting and monthly closing activities
• Conduct variance analysis to compare budget/forecast with actuals
• Assist in quarterly Board reporting and annual budget preparation
• Assist in detailed cash flow projections and financial planning
• Collaborate with BU heads on budgets and forecasts
• Analyze revenue and operating expenditures to understand performance
• Support in risk management and compliance with policies and procedures

Skills

MS Excel

MS PowerPoint

MS Word

Analytical skills

English communication

Arabic communication

Interpersonal skills

Self-motivated

Decision making

Education

Bachelor's degree in finance or accounting

ACCA/CPA/ICAEW/CIMA certification

Tools

Oracle ERP

Job description

JOB PURPOSE: Preparation of Management Reporting along with Monthly Closing activities, reconciliations and audit. Monthly Analysis of the Company Revenue and Operating Expenditures Assist in Quarterly Board Reporting Annual Budget Preparation KEY ACCOUNTABILITIES:

Financial Analysis: Analysing financial and operational results to better understand company performance. Conduct variance analysis to show management how the budget and/or rolling forecast compares against actual performance Performing competitor analysis, market trends and associated ratio analysis. Provide detailed analysis and commentary/explanations on cost centre results. Utilizing tools to deliver meaningful insights into business performance.

Financial Planning: Work with Business Unit heads to build their annual budgets and forecasts Assist in preparing the company s annual budgeted plan for the company and different SBUs/Subsidiaries. Assist in preparing detailed projected cash flow. Deliver the department objectives and KPIs based on the corporate and finance plan. Report on ad hoc requirement of the Board (Dividend calculation, cash flow, others);

Business Development: Collect information on investment opportunity; Assist in evaluating investment opportunity and doing post investment review Should be familiar with DCF, NPV and WACC. Understand the rule of Capital Market, Tax, Commercial, and other rules and regulation of the investing country;

Value Management: Review the current process and practice at the company comparing it with best practice and long term objective of the company. Identify possible way to automate manual process; Suggest or change the process to more efficient (saving cost, time, enhance quality or control); Assist in implementation of the change Business partnering to work well with others and understand their business priorities and goals.

Management Information Reporting: Prepare and analyse monthly management reports and sub MI for business division Allocating purchase cost to various business division/sites and analysing business margin. Evaluate the performance of the SBUs and submit a report to be presented to the executive management; Benchmark company s performance against competitors; Analyses and provide any report required by Management for decision making; Review and involve in the annual financial report of the company before submitting to auditors;

Risk Management: Assess the risk on finance department with Sr manager financial planning and reporting; law; HSEQ Demonstrate a commitment to OOMCO s HSE Policies. Take positive steps to prevent harm/damage to OOMCO s Staff, Assets and Reputation. Ensure compliance with company s standard operating procedures, rules and regulations. Participate actively in OOMCO s HSE Management systems.

Desired Candidate Profile

Qualifications

Minimum Qualification: Bachelor s degree in finance, accounting or equivalent

Professional Certification such as ACCA, CPA, ICAEW or CIMA or others preferance.

Years of experience

Minimum 6 years of Finance experience including above relevant experience

Knowledge Skills

Good knowledge of MS office suite especially MS Excel, MS PowerPoint & MS Word, Oracle ERP experience

Self-motivated & enthusiastic Demonstrate ability to work without supervision and make own decisions

Strong numeric skills & computer literate

Strong English & Arabic communication skills

Excellent customer service & inter-personal skills

Nationality Type OMANI