Financial Controller

Recooty; Muscat; On-site; OMR 15,000 - 20,000; Full time

Job summary

A construction company in Oman is seeking a financial manager to oversee financial operations, including budget management, compliance, and reporting. The role requires Indian nationality and previous experience in the Omani construction sector. The position offers a salary range of 600 to 700 OMR.

Qualifications

• Previous experience in an Omani construction company.
• Indian nationality required.

Responsibilities

• Ensuring invoices are properly approved and coded.
• Monitoring cash flows into and out of the business.
• Coordinating with auditors for compliance and financial needs.
• Creating and monitoring internal controls.
• Assisting in budget creation with historical data.
• Administering loan agreements and collecting dues.
• Developing financial strategy and risk minimization plans.
• Ensuring compliance with local laws and regulations.
• Providing financial reporting to guide decision-making.
• Identifying cost-saving opportunities across the business.
• Mentoring and managing accounting and financial staff.
• Handling payroll processing and tax compliance.
• Preparing tax and financial statements.
• Managing banking relationships.
• Advising managers based on operational knowledge.

Job description

Job Brief

HAS PERVIOUS EXPERIENCE IN OMANI CONSTRUCTION COMPANY

Eligibility

Indian Nationality

Responsibilities

• Approving invoices: Ensuring invoices are properly approved and coded in the general ledger.
• Cash flow management: Monitoring and balancing cash flows into and out of a business to meet obligations and optimize investment.
• Audit liaison: Coordinating with external financial, compliance and tax auditors.
• Internal controls: Creating and monitoring company policies and internal controls, especially spending controls, to safeguard company assets and reduce fraud.
• Budget: Assisting or fully creating the budget, including incorporating historical data.
• Debt management: Administering loan agreements for company borrowings and collecting moneys owed to the company from customers.
• Financial strategy: Developing financial strategy, including risk minimization plans and opportunity forecasting.
• Compliance: Ensuring compliance with local law, tax provisions and relevant industry and financial regulations.
• Reporting and analysis: Providing financial reporting and analysis to guide decision-making.
• Cost savings: Identifying efficiencies and opportunities for cost reductions across the business.
• Leadership: Mentoring and managing the accounting and financial staff.
• Payroll: Handling payroll processing and labor tax compliance.
• External reporting: Preparing company tax and financial statements, including public filings with the Securities and Exchange Commission (SEC).
• Banking: Setting up bank accounts and managing banking relationships.
• Stakeholder management: Advising company managers on operations activities based on knowledge of the underlying business.

Salary

Salary range from 600 OMR - 700 OMR