Financial Management Specialist

2 days ago

Muscat, Muscat, Oman beBee Careers Full time
Job Description

To ensure the financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) and to institute internal controls on transactions and processes within the section. To prepare and present timely and accurate Management Information Reports (MIR), duly supported by the system, with quality and accuracy.

Key Accountabilities:

  1. Prepare journal vouchers at the end of each month recording all accounting entries relating to the period.
  2. Prepare and update the statement of Value of Work Done (VOWD) according to project monthly WIP report, ensuring accrual JVs are captured and reported timely.
  3. Ensure accuracy and completeness of supporting documents for each JV.
  4. Support in the month-end closing as required.
  5. Maintain a monthly review of accounting entries and update the General Ledger.
  6. Generate timely, periodic, and accurate financial statements (monthly, quarterly, annually) in line with IFRS.
  7. Oversee and manage the preparation of audited annual financial statements, ensuring timely delivery to senior management.
  8. Manage recording, accounting, and reporting of fixed assets, ensuring proper tracking and physical verification.
  9. Ensure timely capitalization of assets.
  10. Reconcile discrepancies between internal data, contractual documentation, and invoices; escalate unresolved issues.
  11. Liaise with stakeholders to coordinate audits and support implementation of audit recommendations.
  12. Coordinate tax-related information requests and resolve issues with the financial controller.
  13. Manage timely tax preparation and filing for Annual and Provisional Return of Income.
  14. Develop timely and accurate management information reports to support organizational performance improvements.
  15. Ensure detailed schedules and reconciliations are available monthly for all accounts.
  16. Maintain confidentiality in all transactions.

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