Group Finance Manager

Dar Arabia; Muscat; On-site; OMR 60,000 - 90,000; Full time

Job summary

Dar Arabia, Muscat, Oman, seeks a Group Finance Manager to lead financial operations across real estate, construction, hospitality, manufacturing and technology entities. You will standardize processes, provide reliable analysis, and work closely with the Group CEO on strategic decisions.

The role requires deep financial control, IFRS expertise, and hands-on leadership across multiple finance teams, with emphasis on reporting accuracy and cost management. Oman-based, full-time position.

Qualifications

• Bachelor's degree in accounting/finance or equivalent with professional qualification.
• 10+ years in finance and accounting, including leadership experience.
• Strong IFRS knowledge, budgeting, audit requirements and tax compliance.

Responsibilities

• Deliver monthly/annual financial statements for group and subsidiaries.
• Maintain cash flow forecasting, liquidity management and banking relations.
• Coordinate annual budgets and rolling forecasts with managers.
• Analyze project profitability, cost control and working capital performance.
• Oversee ERP implementation and finance systems improvements.
• Lead finance teams and ensure data accuracy and timely reporting.

Skills

Financial analysis

Cash flow management

IFRS knowledge

Excel proficiency

Leadership

Education

Bachelor's degree in accounting/finance

ACCA/CPA/CIMA

Tools

Odoo ERP

ERP systems

Job description

Location: Muscat, Sultanate of Oman | Employment: Full-time

Reports to: Group Chief Executive Officer

Role overview

Job description

A diversified family-owned group operating in real estate development, property management, construction, hospitality, manufacturing and technology is seeking a Group Finance Manager to lead financial and accounting operations, improve reporting accuracy, manage liquidity and strengthen cost control.

The role oversees finance teams across the companies, standardises processes and provides the Group CEO with reliable information, analysis and practical recommendations. It requires direct involvement in execution and follow-up, working closely with company and departmental managers.

Key responsibilities

Financial reporting and consolidated accounts

• ·Manage monthly and annual closing and prepare profit and loss, balance sheet and cash flow reports for each company and the group.
• ·Review bank reconciliations, customer and supplier balances, fixed assets and inventory; ensure complete supporting documents and accurate accounting entries.
• ·Reconcile intercompany balances and transactions and prepare the required consolidation eliminations.
• ·Report performance against budget, explain variances and agree corrective actions with the relevant departments.

Liquidity collections and payments

• ·Prepare a rolling 13-week cash flow forecast, updated weekly, and assess funding requirements for the following 12 months.
• ·Monitor receivables ageing, collections and credit limits; coordinate overdue recovery plans with sales, leasing and other responsible teams.
• ·Prepare payment plans based on approved priorities and obligations, maintaining separation between preparation, review, approval and execution.
• ·Monitor facilities, loans, repayments, guarantees and banking covenants; prepare financing applications and supporting analysis for management approval.

Budgeting and cost control

• ·Coordinate annual budgets with company and departmental managers and update forecasts for actual performance and new commitments.
• ·Monitor expenditure, commitments and cost centres; recommend practical improvements that increase efficiency while maintaining service quality.

Sector responsibilities and systems

Real estate construction and project profitability

• ·Track project budgets, actual costs, contractual commitments, variations and forecast costs to complete with project managers and quantity surveyors.
• ·Report expected final profit and cash requirements for each project, escalating cost overruns and collection delays early.
• ·Monitor contractor and supplier balances, retentions and claims with the responsible specialists; verify documentation and approvals before payment.
• ·Analyse rental income, arrears, maintenance costs and building profitability, and assess the financial impact of payment plans and discounts.

Manufacturing hospitality and other activities

• ·Review production costs, raw materials, waste and inventory with factory management; analyse margins by product and customer.
• ·Coordinate stock counts and valuation and reconcile material movements and production records with accounting records.
• ·Monitor the financial performance of hotels and other businesses, analysing revenue, costs and profitability against budgets.

Financial controls and compliance

• ·Develop financial procedures and delegated authority limits for approval and monitor compliance across companies.
• ·Document intercompany transactions and funding and related-party transactions; respect restrictions on project and client funds.
• ·Oversee tax filings and statutory reporting with advisers; coordinate external audit requirements and follow up on findings.

ERP and finance transformation

• ·Lead finance requirements for the Odoo implementation with operations, projects, IT and the implementation partner.
• ·Standardise the chart of accounts, cost centres, project codes, approval workflows and reporting requirements across companies.
• ·Oversee data validation, opening balances, reconciliations and user acceptance testing before go-live; train finance staff on approved processes.

Team leadership and authority

Provide functional leadership to company accounting managers and accountants, defining responsibilities and reporting deadlines, assessing performance and developing capabilities.

Provide investment and financing analysis and recommendations. Final approval of major investments, borrowing, guarantees and shareholder distributions remains with the Group CEO and Board under approved authority limits.

Company and departmental managers retain operational responsibility. The Group Finance Manager works with them to ensure reliable data and compliance with budgets and financial controls.

Qualifications and experience

• ·Bachelor’s degree in accounting, finance or a related field, with a recognised professional qualification such as ACCA, CPA, CA, CIMA or equivalent.
• ·At least 10 years of finance and accounting experience, including a minimum of 3 years in finance management or a comparable role involving team leadership.
• ·Strong experience in real estate development, construction, project accounting, cash flow management and cost control.
• ·Experience managing accounts for multiple companies, preparing consolidated reports and accounts, and handling intercompany transactions.
• ·Strong knowledge of International Financial Reporting Standards (IFRS), budgeting, financial analysis, audit requirements and tax compliance.
• ·GCC experience, preferably in Oman. Manufacturing or hospitality experience would be advantageous.
• ·Practical experience implementing or improving ERP systems, preferably Odoo, with proficiency in Excel and financial analysis tools.
• ·Fluency in English; Arabic would be an advantage.

Professional competencies

• ·Integrity, confidentiality, accuracy and accountability for information quality and deadlines.
• ·Ability to connect financial analysis with operational realities and present clear, actionable recommendations.
• ·Team leadership, cross-functional collaboration, change management and process improvement.
• ·Ability to challenge assumptions and communicate risks and exceptions promptly and professionally.

Priorities for the first 90 days

• ·First month: assess accounts, liquidity, debt, collections and commitments; establish a weekly cash forecast and a plan to address priority issues.
• ·Second month: prepare a consolidated company performance report, review major project profitability and establish the closing calendar, reporting timetable and team responsibilities.
• ·Third month: present a 12-month financial plan, a programme to improve collections and controls, and clear finance requirements for the Odoo implementation.

Performance measures

Performance will be assessed through reporting accuracy and timeliness, cash forecast quality, improvements in collections and reconciliations, visibility of project profitability, compliance with statutory requirements and delivery of systems improvements. Numerical targets will be agreed with the Group CEO after assessing the opening baseline.