Finance Associate Oman based role

5 days ago

Muscat, Muscat, Oman Al Khayyat Investments (AKI) Full time

Job Purpose:

The Finance Associate for Commercial Finance will be responsible for providing financial support and analysis to the Finance Manager and business teams. The job holder of this position will support monthly actual financials analysis, budget and control for the business unit. The Finance Associate will work closely with cross-functional teams to help drive financial performance and optimize business decisions.

The Finance Associate will report directly to the Finance Manager and dotted line to the General Manager for Oman.

Key Accountabilities:

  • Supervision of the debit notes/Credit notes wherever required as per principal/Customer agreement & terms agreed.
  • Provide financial analysis and support to business partners on key initiatives and strategic decisions.
  • Assist with the preparation of monthly financial reports and analyses to monitor business performance against budget and forecast.
  • Assist with the development and maintenance of financial models to support business decisions.
  • Collaborate with cross-functional teams to understand business trends and drivers.
  • Participate in ad-hoc analysis and projects as needed.
  • Ensure compliance with internal controls, policies, and procedures.
  • Support Finance Manager in identifying opportunities to improve financial performance.
  • Support Finance Manager for respective BU for annual planning and budgeting exercise.
  • Perform regular reconciliations of accounts, vendor, customer, and intercompany balances, ensuring accuracy and timely resolution of discrepancies.
  • Maintain detailed documentation and audit trails for all reconciliation activities, supporting month-end and year-end closing processes.
  • Assist with annual audit schedules related to the GL with both external and internal auditors.

Skills, Knowledge, Experience & Qualification:

  • Min of 2-4 years of relevant Commercial finance experience in a well-developed corporate finance environment
  • Ideally studying for qualification in one of the following international qualifications: CIMA, ACA, ACCA, CPA, CFA or Graduate from top university or business school
  • B2B Distribution, FMCG and Retail finance experience a plus
  • Dynamic, driven and energetic
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