Expert IT Financial Management

1 day ago

Muscat, Muscat, Oman 349d58ec-3977-4dcd-b596-52bfaaaed1ca Full time 80,000 - 120,000 per year

Main tasks and responsibilities

Strategic Planning:

Develop and implement strategic initiatives to optimize financial performance, including budgeting, forecasting, pricing, benchmarking, and cost optimization in alignment with business and technology objectives.

Collaborate with senior management to define financial policies, procedures, and best practices within the ITFM framework.

Champion ITFM maturity development, introducing automation, advanced reporting, and industry-standard practices.

Act as a strategic advisor to the CIO/IDS leadership, ensuring IT financial strategies are tightly linked with OQ s corporate and digital transformation agenda.

Drive ITFM maturity roadmap and position OQ as a benchmark in IT cost competitiveness within the oil & gas sector

Financial Benchmarking and Analysis:

Lead benchmarking initiatives to compare IT cost structures against peer organizations and industry standards.

Oversee cost analysis to measure, control, and optimize expenses within IDS, enabling data-driven decision-making and resource allocation.

Develop and maintain chargeback and showback models to drive transparency in IT cost allocations.

Lead the development of the annual IT budget (CAPEX and OPEX).

Oversee and report on Corporate IT financial spending to senior management.

Oversee the development of Corporate IT initiatives Total Cost of Ownership (TCO) and Return on Investment (ROI).

Establish KPIs and dashboards to track ITFM performance and cost optimization results.

Regularly present benchmarking insights to the leadership team to influence cost optimization strategies and competitive positioning.

Proactively identify emerging trends in IT spend models (cloud economics, MSP outsourcing, digital platforms) and recommend strategies for OQ.

Investment Oversight and Value Realization:

Oversee the distribution of financial resources within IDS, assessing the financial viability of IT investments, projects, and initiatives.

Support the evaluation of strategic IT projects, ensuring feasibility, value realization, and alignment with corporate goals.

Partner with the PMO function to provide insights into IT investments, cost/benefit analysis, and financial impact on organizational objectives.

Ensure IT investments are evaluated not only for cost efficiency but also for their contribution to business growth, innovation, and digital resilience.

Establish a value realization framework that tracks benefits beyond financial returns, such as agility, innovation, and risk mitigation.

Development:

providing guidance, support, and professional development opportunities to the IDS Governance & Excellence team.

Foster a collaborative and high-performance culture within the IDS Governance & Excellence, promoting innovation, knowledge sharing, and continuous improvement.

Stakeholder Management

Maintain periodic communication with OQ senior management and IDS clients to ensure visibility and transparency of ITFM activities.

Act as a trusted advisor to stakeholders, enabling informed financial decision-making across IT and business units

Enhance stakeholder influence by shaping narratives on IT cost as an enabler of business value, not just a cost center.

Engage with external partners and benchmarking networks to bring best practices into OQ

Key interactions

Internal: Corporate IDS & OQ SAOC Streams

External: Corporate IDS Clients

Notable Working Conditions. Office environment, intensive computer screen use.

  • Expert IT Financial Management

    1 day ago

    Muscat, Muscat, Oman OQ Full time 80,000 - 120,000 per year

    Job purposePlay a SME role in shaping OQ's IT financial governance, ensuring transparency, benchmarking, and cost optimization while enabling long-term value realization from IT investments. This role will influence executive decision-making by providing insights that align IT spending with business priorities and industry competitiveness. This role ensures...

  • Financial Analyst – Financial Modeling

    2 weeks ago

    Muscat, Muscat, Oman Tadafur Consulting & Training Full time 3,840 - 36,000 per year

    Job TitleFinancial Analyst – Financial Modeling & TCO (Software Implementations)LocationMuscat, Oman (hybrid).Employment TypeContract BasedAbout the RoleYou will work with the client on financial modeling, cost/benefit analysis, investment planning, and total cost of ownership (TCO) for software and digital transformation programs. You'll work with key...

  • Freelance Sales Expert

    2 weeks ago

    Muscat, Muscat, Oman Prudent Global Solutions Full time 40,000 - 120,000 per year

    Company DescriptionPrudent Global Solutions is a comprehensive provider of finance and accounting services. Our team specializes in handling various financial functions, from invoice processing to monthly reporting and ad-hoc services tailored to clients' needs. We are committed to delivering thorough and reliable accounting solutions to ensure our clients'...

  • Tally Prime Expert Accountant

    1 week ago

    Muscat, Muscat, Oman OJS Mobile Trading L.L.C. Full time 1,440,000 - 3,600,000 per year

    We are seeking an experienced and detail-oriented Tally Prime Expert Accountant to join our team. The ideal candidate will possess in-depth knowledge and hands-on expertise in utilizing Tally Prime software for managing financial transactions and ensuring accurate bookkeeping for our organization.Responsibilities:Utilize Tally Prime software to maintain...

  • Financial Controller

    6 days ago

    Muscat, Muscat, Oman Oman Investment Authority Full time 6,000,000 - 12,000,000 per year

    Develop and manage the annual budget.Provide financial analysis, forecasting, and recommendations to support strategic planning.Monitor financial performance against budget and provide regular reports to management.Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.Ensure accurate and timely...

  • Financial Controller

    7 days ago

    Muscat, Muscat, Oman Rikaz Real Estate Development Full time 40,000 - 60,000 per year

    Job Summary:The Finance Manager will oversee the financial health of the company's restaurant and hotel operations, ensuring accurate accounting, cost control, and compliance. In addition to core finance management tasks, the role will also include selected financial controller duties such as internal control, audit coordination, and financial compliance...

  • Financial Controller

    1 week ago

    Muscat, Muscat, Oman Rikaz Real Estate Development Full time 40,000 - 60,000 per year

    Job Purpose:To oversee and manage the financial operations of the hotel/restaurant, ensuring accurate reporting, compliance, cost control, and strategic financial planning to maximize profitability.Key Responsibilities:Financial Management & Reporting:Prepare and review monthly, quarterly, and annual financial statements.Monitor financial performance and...

  • Liquid Hydrogen Expert

    7 days ago

    Muscat, Muscat, Oman Wood PLC Full time 60,000 - 120,000 per year

    Remarkable people, trusted by clients to design and advance the worldWood is recruiting for a Liquid Hydrogen Expert to join its Projects team focusing on delivering across FEED and Detail design scopes of work. In this role, you will be responsible to execute the activities and processes associated with Business Development of a Liquid Hydrogen opportunity,...

  • Financial Accountant

    2 weeks ago

    Muscat, Muscat, Oman تطبيق مسرّة | Masarrah App Full time 30,000 - 60,000 per year

    Company DescriptionAt Masarrah, we believe getaways should be simple, seamless, and unforgettable. Our platform connects travelers with a wide selection of short stays and vacation rentals, making it easy to discover, book, and enjoy unique experiences across Oman. With an intuitive mobile app and secure booking process, we take the stress out of planning...

  • Financial Analyst

    1 week ago

    Muscat, Muscat, Oman Mohsin Haider Darwish LLC, Corporate Office Full time 15,000 - 30,000 per year

    Job Description:· Budgeting and Forecasting: Assist in preparation of annual budgets and forecasts.· MIS Preparation: Assist in month closing activities and preparation of MIS reports.· Submission of Monthly Reports: Assist in the preparation of month-end reports, including profit and loss statements, rolling forecast, update receivable, and stock aging...