OMAN INVESTMENT FUND: JOB DESCRIPTION
Position: Finance Manager
Reporting Line: Financial Controller
The main purpose of the job is to be responsible for financial reporting and monthly MIS. This also includes statutory audits, SPV’s reporting and taxation.
Ø Responsible for Management Information System (MIS).
Ø Ensure month end bank reconciliation process is carried out and reports are produced and endorsed.
Ø Responsible for the Semi Yearly and Yearly closing and preparation of the schedules and the financial statements for the auditors.
Ø Supervise payables and receivables sections by ensuring that all payments are made effectively, properly accounted for and documented while receivables are effectively followed up and recorded.
Ø In charge of addressing all the External, Internal and audits queries.
Ø Responsible for Chart of Accounts maintenance.
Ø In charge of development of policies and procedures for the OIF and the consolidation of the subsidiaries.
Ø Responsible for studying and analysing all the business processes within the Finance functions and implement controls where required.
Ø Reviewing and evaluating cost reduction opportunities open to the fund
Ø Managing the accounting and monitoring systems for the company’s finances
Ø Monthly analysis of certain expenses and supplier accounts
Ø Supervise and ensure Bank reconciliations process and statements are timely produced at specific interval as required by the management.
Ø Focus on the development of long-range financial forecasts and related budgets, perform variance analysis to compare budgeted figures to forecasts (profitability analysis) and consider alternative scenarios and economic prospects as
Ø appropriate to ensure accurate forecasting is achieved.
Ø Direct the maintenance of the fixed asset register, including depreciation and provide input into capitalisation / expensing of outlays and grouping of fixed assets by class, as well as depreciation methodology.
Ø Guide, motivate and develop subordinates to work together as a team and display high levels of performance.
Ø Review and improve all financial policies and procedures to ensure that the finance department is operating as efficiently as possible and that an adequate system of internal control exists in the accounting process.
Ø Working closely with Financial Controller and the CFO, you will also be involved in a number of ad-hoc projects aimed at improving the financial performance of the business.
Ø Validation of the books of accounts, ensuring that all accepted accounting procedures are established, updated and adhered to.
Ø Ensure compliance with IAS and IFRS.
Ø Actively participate in the enhancing and the automation process of all reporting.
Ø Set up procedures and establish guidelines for periodic monitoring of GL and other functions.
Ø Continuously update existing documentation and produce new ones on processes made in the finance department to ensure business continuity.
Ø Coordination of timing of asset valuations with Performance team and Fund Managers
Ø Cover for annual leave/planned absences of colleagues.
Ø Be cross trained in tasks supporting the finance team.
Ø Bachelor’s Degree of Finance.
Ø Chartered accounting qualification (ACCA, CPA) is preferable.
Ø 8 years of work experience.
Ø Extensive experience in financial management, control, cost accounting and the development of policies and procedures
Ø Pro-active, results-oriented, commercially focused professional with a record of achievement in implementing best practice
Ø Ability to challenge processes and implement improved working methods
To apply, please send your CV to email@example.com and quote in the subject the Job Code (JD-FN-FNM) in no later than 18/02/2018