Manager Financial Accounting

Job title
Manager Financial Accounting
Grade
Stream
Finance
Function
Finance Control & Tax Structure
Location
Oman Muscat
Budget control
*OPEX and/or CAPEX and/or Revenue amount as relevant*
Reporting to
Head of Financial Accounting
Direct Reports

Job purpose
Lead the execution of monthly, quarterly, and annual group financial consolidations and external reporting activities in line with IFRS, Group accounting policies, and regulatory standards. The role is pivotal in ensuring accurate and timely delivery of group-level financials to support the Corporate Scorecard KPIs, statutory reporting, and audit readiness. Acts as the key operational lead under the Head of Financial Accounting, overseeing technical accounting, consolidation processes, audit coordination, and continuous system enhancement (SAP-BPC), while mentoring a team of finance professionals.
The position will act in accordance with the Group's Mission, Vision, Values & Strategies, as well as policies, guidelines, international standards, supported by IT systems, HSE standards, Omani government & other legal requirements, and best international practices aligned with national objectives.
Main tasks and responsibilities:
1. Group Financial Consolidation & Reporting
Lead the preparation of accurate, complete, and audit-compliant consolidated financial statements (monthly, quarterly, annual) using SAP-BPC for a multi-entity, multi-jurisdictional Group.
Manage the integrity of reporting to ELT, BARC, Board, and other senior stakeholders by ensuring consistency across subsidiary submissions and intercompany eliminations.
Supervise the consolidation process including elimination of intercompany balances, resolution of mismatches, and application of partial ownership and NCI adjustments.
2. Financial Close Governance & Control
Own and manage the monthly financial close calendar and deliverables across all entities (TBs, input forms, reconciliations, and validations).
Review and approve financial data loaded into SAP-BPC by subsidiaries to ensure compliance with IFRS and Group policies.
Drive the monthly CFO sign-off process and track compliance across group entities.
3. Technical Accounting & Policy Implementation
Analyze complex accounting matters (e.g., business combinations, impairments, JV accounting, EPSA treatments) and ensure appropriate IFRS application.
Draft technical position papers for governance and audit review.
Support the implementation of new or amended IFRS standards and ensure Group-wide compliance.
Maintain and update the Group Accounting Policy Manual in collaboration with the Principal Financial Accounting.
4. External Audit & Statutory Reporting Coordination
Serve as a key contact for external auditors, managing audit schedules and resolving technical queries.
Coordinate audit readiness and support timely closure of audit observations and KAMs.
Review subsidiary financial statements for consistency with Group disclosures.
5. Financial Systems Enhancement & Automation
Collaborate with SAP-BPC support teams to enhance automation, reduce manual interventions, and improve system usability.
Support BPC enhancements and provide feedback on functional improvements.
Promote data validation controls and reporting accuracy initiatives across subsidiaries.
Background and experience
Minimum of 8-10 years of relevant experience, including at least 3 years in a managerial or team lead role in a complex group environment, preferably in oil & gas or large industrial sectors.
Advanced knowledge of SAP (ECC and BPC), Microsoft Excel, and financial reporting tools.
Experience in Oil and Gas / Energy industry, including upstream and downstream exposure.
Deep understanding of financial reporting and analysis.
Key competencies include:
- Expertise in financial accounting processes, IFRS, US GAAP, and local GAAP
- Strong consolidation and management reporting skills
- Leadership in financial reporting and complex accounting
- Knowledge of accounting standards and regulatory requirements
- Effective stakeholder engagement, communication, and leadership skills
- Attention to detail, analytical skills, and deadline orientation
Technical skills include strategic advisory, IFRS expertise, and proficiency in consolidation tools.

Company Industry

• Oil & Gas

Department / Functional Area

• Finance
• Treasury

Keywords

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