Finance Manager

Oman Investment Authority; Muscat; On-site; OMR 12,000 - 18,000; Full time

Job summary

Oman Investment Authority seeks an experienced Finance & Accounts Manager to oversee accounting, reporting, budgeting and financial planning, ensuring all transactions are properly recorded and aligned with IFRS and local laws.

You will lead the Finance & Accounts team, develop policies, manage audits, and produce timely financial statements, while providing strategic analysis and KPI oversight to support executive decisions.

Qualifications

• Bachelor's degree in accounting, Finance, or Commerce.
• Professional certification (CPA, ACCA, CMA) preferred.
• MBA or MSc in Finance or equivalent.
• Minimum 7 years' experience in managing Finance & Accounts.
• Expert knowledge of IFRS / IAS and financial reporting.
• Strong financial analysis, modelling and forecasting skills.
• Proficiency in MS Office Suite.

Responsibilities

• Plan and lead the Finance & Accounts team with CFO-approved priorities.
• Set and maintain accounting policies, financial controls and procedures.
• Produce timely monthly, quarterly and annual financial statements.
• Lead internal and external audits and ensure audit readiness.
• Meet statutory, tax and shareholder reporting obligations.
• Manage fixed asset accounting, capitalization and verification.
• Lead budget and forecasting cycles and build budget models.
• Develop and update the business plan and KPIs.
• Oversee receivables, payables, and treasury management.
• Provide timely management reports to CFO and Board.

Skills

Strategic planning

Team leadership

Stakeholder management

Education

Bachelor's degree in accounting, Finance, or Commerce

CPA/ACCA/CMA preferred

MBA/MSc in Finance or related field

Tools

MS Office Suite

Job description

Role Objective:

Manage the Company s financial activities, including accounting, reporting, budgeting, costing and financial planning, so that all transactions are properly accounted for and financial information supports management decisions.

Duties and Responsibilities:

Managerial Responsibilities

Plan and lead the Finance & Accounts team, agreeing priorities, manpower needs and performance goals with the CFO.

Core Responsibilities

Set and maintain accounting policies, financial controls and procedures in line with IFRS, corporate policy and Omani law, safeguarding the Company s assets.

Produce accurate monthly, quarterly and annual financial statements, with General Ledger reviews and account reconciliations completed on time.

Lead internal, external and state audits, maintaining audit readiness, securing full sign-off and closing management letter points as agreed.

Meet all statutory, tax and shareholder reporting obligations, including timely filing of provisional and annual income tax returns.

Manage fixed asset accounting, including timely capitalization, tracking and periodic physical verification.

Lead the annual budget and forecasting cycle, building budget models, monitoring utilization and managing variations within the manual of authority.

Develop and update the business plan in line with corporate strategy, and act as custodian of the corporate balanced scorecard and KPIs.

Oversee receivables and collections, including credit policy, ageing review, recovery of overdue amounts and bad-debt provisioning.

Oversee payables and treasury, ensuring suppliers are paid as per contract and payments are reconciled within the control framework.

Manage the Company s insurance program, including valuations, tendering, renewals, claims and cost tracking.

Maintain the financial aspects of the risk register, identifying risks and driving mitigation actions.

Provide timely management reports and analysis to the CFO, leadership team and Board to support decision-making.

Other Core Responsibilities

Comply with QHSE and organizational policies, procedures and risk registers applicable to the role.

Apply HR policies in all people management activities and foster a positive, team-based work environment.

Desired Candidate Profile

Education:

Bachelor s degree in accounting, Finance, or Commerce.

Professional certification (CPA, ACCA, CMA) preferred.

MBA/ MSc. in Finance or any equivalent combination of relevant education is desired.

Experience:

Minimum 7 years of significant work experience in managing Finance & Accounts Department.

Special Skills & Knowledge:

Technical skills:

• Expert knowledge of IFRS / IAS and financial reporting
• Strong financial analysis, modelling and forecasting skills
• Proficiency in MS Suite

Soft skills:

• Strategic planning and business management
• Team leadership, relationship and stakeholder management

Competencies:

• Financial reporting and control
• Budgeting and financial planning
• Audit, tax and regulatory compliance
• Financial analysis and decision support
• People leadership
• Stakeholder management