Senior Accountant – Group Finance

AJYAL HR Solutions & Services; Muscat; On-site; OMR 12,000 - 24,000; Full time

Job summary

AJYAL HR Solutions & Services is seeking a Senior Accountant to ensure accurate financial reporting, reconciliations, and regulatory compliance across multiple entities in Oman. You will lead closing cycles, consolidate reporting, and manage VAT, SPF, and tax obligations while coordinating audits and treasury tasks.

Required experience includes multi-entity environments, intercompany reconciliations, and strong Excel with forecasting and board-pack skills.

Qualifications

• Postgraduate qualification in Finance or Accounting; IFRS or Omani Taxation certifications preferred.
• 5–7 years of relevant multi-entity experience and intercompany reconciliations.
• Experience with consolidated reporting, VAT and SPF compliance in Oman.
• Strong Excel skills and ability to build cash forecasts and board schedules.
• Familiarity with Odoo, Tally and QuickBooks preferred.

Responsibilities

• Lead reconciliations across operating entities against audited financial statements and resolve long-standing discrepancies.
• Rebuild opening balances, including intercompany and related-party balances, provisions, and aged payables.
• Maintain accurate entity records (CR, VAT, Tax Card, PASI, bank signatories, and signatures).
• Establish a monthly closing cycle within 10 working days; deliver MIS reports (P/L, balance sheet, cash flow, receivables/payables, VAT/SPF).
• Standardize chart of accounts across entities to remove duplication.
• Prepare budget-versus-actual variance reports by entity and cost line with commentary and ad-hoc analyses.
• Implement petty-cash controls including imprest systems and monthly reconciliations.
• Strengthen vendor-payment procedures with electronic requisitions and three-way matching.
• Ensure VAT, SPF, and Corporate Tax compliance in Oman; coordinate with Tax Authority and auditors.
• Monitor daily cash, produce 13-week rolling forecasts, reviewed by Head of Finance and CEO.
• Interface with banks for daily operational needs.

Skills

Intercompany reconciliations

Consolidated reporting

VAT compliance

SPF compliance

Cash flow forecasting

Variance analysis

Board pack preparation

Education

Postgraduate qualification in Finance or Accounting

Tools

Odoo

Tally

QuickBooks

Job description

Job Purpose:

The Senior Accountant is responsible for ensuring accurate financial reporting, reconciliations, regulatory compliance, and financial controls across multiple entities, while supporting financial planning, cash flow management, audit coordination, and timely management reporting in line with strong accounting standards and operational discipline.

Key Responsibilities:

• Lead account reconciliations across operating entities against audited financial statements, resolving long-outstanding discrepancies.
  
• Rebuild opening balances, including intercompany and related-party balances, employee provisions, and aged payables.
  
• Maintain accurate entity records, including CR, VAT, Tax Card, PASI, bank signatories, and specimen signatures.
  
• Establish a monthly closing cycle within 10 working days, delivering MIS reports covering P&L, balance sheets, cash flow, receivables, payables, bank reconciliations, and VAT/SPF compliance.
  
• Standardize the chart of accounts across entities, eliminating duplicate and dormant codes.
  
• Prepare budget-versus-actual variance reports by entity and cost line, with business-unit commentary, quarterly board reports, and ad-hoc analyses.
  
• Implement petty-cash controls, including imprest systems, monthly reconciliations, float limits, authorized expenses, and supporting documentation.
  
• Strengthen vendor-payment procedures through electronic requisitions, three-way matching, approval limits, and segregation of duties.
  
• Ensure VAT, SPF, and Corporate Tax compliance across entities, including timely submissions and adherence to applicable Omani regulations.
  
• Serve as the primary liaison with the Tax Authority, SPF, statutory auditors, and external tax advisers, managing audits, financial statement reviews, and related queries.
  
• Monitor daily cash positions and prepare 13-week rolling cash forecasts, with weekly reviews by the Head of Finance and monthly reviews by the CEO.
  
• Act as the primary operational interface with banks.
  

Job Purpose:

The Senior Accountant is responsible for ensuring accurate financial reporting, reconciliations, regulatory compliance, and financial controls across multiple entities, while supporting financial planning, cash flow management, audit coordination, and timely management reporting in line with strong accounting standards and operational discipline.

Key Responsibilities:

• Lead account reconciliations across operating entities against audited financial statements, resolving long-outstanding discrepancies.
  
• Rebuild opening balances, including intercompany and related-party balances, employee provisions, and aged payables.
  
• Maintain accurate entity records, including CR, VAT, Tax Card, PASI, bank signatories, and specimen signatures.
  
• Establish a monthly closing cycle within 10 working days, delivering MIS reports covering P&L, balance sheets, cash flow, receivables, payables, bank reconciliations, and VAT/SPF compliance.
  
• Standardize the chart of accounts across entities, eliminating duplicate and dormant codes.
  
• Prepare budget-versus-actual variance reports by entity and cost line, with business-unit commentary, quarterly board reports, and ad-hoc analyses.
  
• Implement petty-cash controls, including imprest systems, monthly reconciliations, float limits, authorized expenses, and supporting documentation.
  
• Strengthen vendor-payment procedures through electronic requisitions, three-way matching, approval limits, and segregation of duties.
  
• Ensure VAT, SPF, and Corporate Tax compliance across entities, including timely submissions and adherence to applicable Omani regulations.
  
• Serve as the primary liaison with the Tax Authority, SPF, statutory auditors, and external tax advisers, managing audits, financial statement reviews, and related queries.
  
• Monitor daily cash positions and prepare 13-week rolling cash forecasts, with weekly reviews by the Head of Finance and monthly reviews by the CEO.
  
• Act as the primary operational interface with banks.
  

Requirements

Qualifications:

• Postgraduate qualification in Finance or Accounting with 5–7 years of experience. Additional certifications in IFRS or Omani Taxation are preferred.
  
• Mandatory: prior experience in a multi-entity group environment with intercompany reconciliations, consolidated reporting, and group-wide VAT and SPF compliance.
  
• Mandatory: prior experience operating in the Sultanate of Oman with current working knowledge of Omani Labour Law (Royal Decree 53/2023), Social Protection Law (RD 52/2023), VAT Law (RD 121/2020), Corporate Tax (RD 28/2009), and SPF contribution regime.
  
• Strongly preferred: prior experience of leading a clean-up / turnover finance assignment, including resolution of historic unreconciled items, reclassification of mis-categorized expenses, and establishment of monthly close discipline.
  
• Strong Excel; comfortable building 13-week cash forecasts, variance analysis, and board-pack schedules from source data.
  
• Working familiarity with Odoo, Tally, QuickBooks
  

Note: We thank all applicants for their interest, however only those candidates who are shortlisted will be contacted