Finance Manager

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

Job summary

Khimji’s House of Travel is seeking a Finance Manager to oversee financial strategy and compliance, optimizing performance within the travel sector. The ideal candidate will possess a Bachelor's in Commerce and CA certification, with significant experience in finance and team leadership in the Gulf region.

Qualifications

• 5-10 years in finance, 3+ years as Finance Manager.
• Understanding of travel industry financial practices.
• Familiarity with Gulf financial regulations.

Responsibilities

• Develop financial metrics to optimize performance.
• Oversee financial reporting and compliance.
• Manage P&L activity and balance sheet compliance.

Skills

Analytical mindset

Problem-solving

Strategic financial thinking

Stakeholder management

Time management

Education

Bachelor’s in Commerce (B. Com)

Chartered Accountant (CA) certification

Tools

SAP ERP

Job description

Finance Manager – Khimji’s House of Travel

Company Overview:Khimji’s House of Travel, a subsidiary of the prestigious Khimji Ramdas Group in Oman, has been a leader in the travel industry since 2009. Operating across eight office locations with a team of over 100 professionals, we specialize in premium Destination Management Services for inbound travel to Oman and the UAE. Representing top global brands like Disney, SOTC, Costa Cruises, and Rail Europe, we craft tailored travel experiences for individuals and corporations alike.

Role Overview:

As Finance Manager, you will oversee financial strategy, compliance, and portfolio management, ensuring optimal business performance. Your expertise in the travel industry and Gulf region, along with strong team leadership and SAP proficiency, will be instrumental in driving financial efficiency and informed decision-making.

Key Responsibilities:

• Develop financial metrics to optimize business performance and mitigate risk.
• Oversee precise financial reporting, analysis, and recommendations.
• Conduct detailed financial modeling to support executive decisions.
• Coordinate financial planning, covering expenses, revenue, taxation, and risk management.
• Manage P&L activity, balance sheet movements, and accounts receivable cash applications in compliance with IFRS.
• Lead cost optimization initiatives and identify margin improvement opportunities.
• Handle relationships with bankers, auditors, and tax authorities.
• Ensure compliance with local and cross-border financial regulations.
• Support the Finance Head in implementing valuation models and corrective strategies.
• Supervise a finance team, providing guidance and fostering skill development.

Preferred Qualifications & Experience:

• Education: Bachelor’s in Commerce (B. Com) with Chartered Accountant (CA) certification.
• Experience: 5–10 years in finance, including 3+ years as a Finance Manager. Preferred experience in:
• Travel Industry: Understanding of industry-specific financial practices.
• Gulf Region: Familiarity with financial regulations and business operations.
• Team Handling: Strong leadership skills to manage a finance team effectively.
• SAP: Expertise in financial modules within SAP ERP systems.
• Key Skills:
• Analytical and detail-oriented mindset.
• Problem-solving and strategic financial thinking.
• Strong business acumen.
• Stakeholder management and communication.
• Time management and prioritization.
• Other Requirements:
• Willingness to travel within the UAE and internationally (~20% of the time).
• UAE driving license preferred due to client and supplier visits.

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The Khimji Ramdas Group (KR) is an established business conglomerate in the Sultanate of Oman. Trusted and respected for more than a century (141 years), KR has consistently maintained its leadership position in the Consumer, Infrastructure and Industrial arenas.