Finance Principal

AJYAL HR Solutions & Services; Muscat; On-site; OMR 33,480 - 50,220; Full time

Job summary

AJYAL HR Solutions & Services is seeking a Finance Principal to act as a key control and value protection function within IGC. This position demands a strong emphasis on financial governance, risk management, and strategic decision support. The successful candidate will provide independent financial oversight and drive initiatives to create sustainable value.

Candidates should have a minimum of 10-15 years of progressive finance experience and at least 5 years in a senior role. A Bachelor's Degree in Accounting or Finance is necessary, along with professional certifications such as ACCA.

Qualifications

• 10-15 years of progressive experience in finance.
• Minimum 5 years in a senior/lead role.
• Experience in energy or commodity-based sectors preferred.

Responsibilities

• Lead financial governance and compliance frameworks.
• Oversee commercial agreements and contractual risks.
• Drive finance transformation initiatives.

Skills

Financial governance

Risk management

Advanced financial modelling

Budgeting and forecasting

KPI development

Education

Bachelor's Degree in Accounting or Finance

ACCA or equivalent

Job description

Job Summary

The Finance Principal serves as a critical control and value protection function, acting as the backbone of financial discipline, governance, risk management, and strategic decision support within IGC. The role provides independent financial oversight, strengthens accountability and controls, and supports executive decision making to drive sustainable value creation.

Tasks and Responsibilities

• Lead financial governance, internal controls, risk management, and compliance frameworks across the organisation.
• Evaluate and oversee complex commercial agreements, pricing structures, and contractual risk exposures to protect and enhance business value.
• Act as a strategic finance partner to the CFO, CEO, and Board, providing financial insights, challenge, and decision support.
• Drive finance transformation initiatives, including reporting excellence, process optimisation, ERP systems, and performance management.
• Lead, develop, and mentor high-performing finance teams, fostering a culture of accountability, continuous improvement, and operational excellence.
• Manage key relationships with shareholders, regulators, auditors, government entities, and executive stakeholders, ensuring effective communication and governance at all levels.
• Strong expertise in treasury, liquidity, funding, and cash flow management.
• Proven experience in enterprise risk management, hedging, and FX/interest rate risk management.
• Advanced financial modelling, valuation, and commercial analysis capabilities.
• Extensive experience in budgeting, forecasting, and long-term financial planning.
• Strong track record in performance management, KPI development, and driving value creation through data-driven decision-making.

Qualifications and Experience

• Minimum Bachelor's Degree in Accounting, Finance, Business Administration, or related discipline.
• Professional certifications preferred: ACCA (or equivalent: CPA / CFA preferred)
• Minimum 10-15 years of progressive experience in finance, with at least 5 years in a senior/lead role.
• Experience in energy, utilities, infrastructure, or commodity-based sectors is highly preferred.