Finance & Business Support Manager

Role Purpose

This role will oversee the Finance Consolidation, Analysis and Strategies of the operation to contribute to the profitable growth and expansion of the Company. The position is based in Muscat, Sultanate of Oman.

The jobholder is responsible for ensuring that their activities comply with Group and local policy in order to achieve targets, meet monthly, quarterly, and annual reporting deadlines, and assist with the development of the business and deliver an excellent and comprehensive service.

Key Responsibilities - Finance:

• Monitoring the financial accounting and reporting systems in line with local reporting and company financial procedures & policies
• Preparing monthly report, Annual budget, and year-end statutory financial accounts
• Maintain accurate and fully monthly reconciled general record with proper detailed and accurate accruals and prepayments
• Full compliance with local VAT and all taxes and governmental reporting.
• Providing and interpreting financial information and business trends
• Provide detached, objective and authoritative strategic advice to the CEO on financial performance
• Interpreting and predicting future cash flows trends
• Analyzing change of financial performance and advising accordingly
• Formulating strategic and long-term business plans
• Processing, investigation, and resolution of items resulting from insurance provider remittances in a timely and accurate manner in accordance with company policies
• Researching and reporting on factors influencing business performance
• Conducting reviews and evaluations for cost-reduction and efficiency opportunities
• Ensuring producing accurate financial reports on Onestream (company global reporting system) adhering to specific deadlines
• Keeping abreast of changes in financial regulations and legislation in the countries where the firm operates.
• Ensure always adhere to the highest ethical standards
• Manage the performance of direct reports and any people management issues connected with teams
• Manages the team to ensure they have relevant objectives, which align personal goals to the requirements of the business. Positively encourages professional and personal development of all team members to increase their capability and effectiveness
• Motivates team to deliver high performance and achieve objectives
• Support in reporting the LOB's key performance indicators and business retention targets as directed by the CEO
• Continually look to review and improve current practice and procedures, making recommendations to the Chief Financial Officer
• Manages assigned projects and contributes to other projects as required
• Ensures compliance of self and team with all applicable legal, fiscal, and regulatory obligations in the form of policies and procedures
• Maintains accurate records and deals with correspondence appropriately
• Being able to work on analyzing acquisition projects, including valuations and due diligence of financials
• Analyzing competitors, market, and economic trends

Key Responsibilities – Business Support:

• Co-ordinating with AMC provider & group's IT dept and maintaining proper IT infrastructure
• Co-ordinating with Local & group's HR dept & PRO Dept and maintaining proper HR infrastructure
• Regular review on validity of employee documents and update the employees' data on authorized portal.
• Monitoring employee benefits, leave, end of service, and financial transactions related to staff benefits.
• Coordinate with different stakeholders in onboarding and offboarding of employees.
• Report risk management issues and internal controls deficiencies identified directly to management and provides recommendations for improving the organization's operations, in terms of both efficient and effective performance.
• Maintain open communication with management and the audit committee.
• Engage in continuous education and staff development.
• Ensure employees always adhere to the highest ethical standards.
• Ensure compliance with laws, regulations, and company policies.
• Coordinating domestic and international travel, including flight, hotel, and car rental reservations.
• Purchasing office supplies and equipment and maintaining proper stock levels.
• Overseeing general office operation.
• Support other HR & operations events.
• Act morally, legally, and ethically at all times during and after working hours.

Key Responsibilities – Credit Control:

Monitoring the credit control team in -

• Notifying Clients by email and/or telephone call for outstanding premiums.
• Make note of interactions with clients and reply promptly to client questions and concerns.
• As per the instructions from the management, coordinate with insurers in initiating legal action against the clients who evade or refuse repayment according to the terms and conditions.
• Arrange for account statements from insurers to be forwarded to clients each month, updating records when necessary.
• Performing client & insurer's reconciliations on a monthly basis.
• Regular review on validity of customers, suppliers, and insurance company documents.
• Report any suspicious acts as part of AML policy.

Requirement:

• 10 years'+ experience in financial control/ accounting process design and delivery within a multinational company.
• 5 years international experience, as the role involves regular engagement with Group Head Office in London, Regional office in Dubai, and various other Howden group offices.
• All Business Support services including IT, HR, Office Administration & Co-ordination.
• Ideally experienced in corporate finance or Transaction advisory services
• Risk management: identification, monitoring, and management
• Considerable attention to detail
• Bachelor/Master's Degree in Finance or Qualified ACA/ACCA/CIMA accountant (or equivalent) with a strong academic record
• Advanced Excel skills (including formulas, pivots & macros)
• Strong communication and presentation skills. Excellent English skills.
• Good team player
• Advanced PowerPoint skills with experience of creating and delivering impactful presentations
• Excellent numerical skills with strong attention to detail and accuracy in a fast-paced environment
• Good Knowledge of ERP and Praktora system knowledge is an added advantage

What do we offer in return?

A career that you define, supported by a strong commitment to technical and soft skills training.

We offer a comprehensive package of rewards and benefits - including great medical insurance, competitive salary, and more.

We provide a workplace where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

Our culture: People First

Our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.

The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

Diversity & Inclusion

At HOWDEN we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect, regardless of their age, disability, race, religion or belief, gender, marital status or family circumstances.