Chief Financial Officer

1 week ago

Muscat, Muscat, Oman ABC Company Full time 5,000 - 6,000 per year

Key Responsibilities:

· Responsible for the dissemination of all Financial Information on a timely and appropriate manner and for the adequacy of company MIS.

· Responsible for smooth functioning of Finance and Accounting activities related to its direct subsidiaries.

· Responsible for preparation of consolidated accounting statements for company and its subsidiaries every quarter for group reporting purpose.

· Plans and prepares annual funding plans, negotiates terms with bankers and arranges funding as required, manages the credit and debit control as well as ensuring adequate reporting.

· Responsible for overall asset management in the company; including but not limited to laying down guidelines on credit terms (for both suppliers and customers) and monitoring stock levels, Responsible for ensuring that the budgeted Working Capital levels are maintained.

· Monitor the Accounting Process – systems and cost overhead control, treasury management, etc. Manage the annual audit process and ensure the adequacy of Internal Controls and its strict adherence.

· Ensuring Company adherence to Local Tax and Company law regulations.

· Responsible for the preparation of the annual forecast of the Company and periodical forecast (Reviews) of Company performance and its direct subsidiaries, in conjunction with the Operations Departments, CEO and MD.

· Responsible for reporting to Management and other Shareholders of Risks and Opportunities of the business and quantifying their Financial impact. Also engaged in any other related, single new projects and Business Development.

· Assist the CEO and Managing Director in maintaining and enhancing the Principal/Agency relationships. This includes ensuring proper communication with Principals and advising/assisting on local issues, tax etc. The incumbent must also assist in the negotiations with Principals on Joint Ventures/TSAs/Contracts.

· Responsible for reporting the performance of the company to the Shareholders as reported by the CEO. The incumbent also manages the preparation of board papers, reviews all important company contracts such as TSA's, Contracts with Principals, Tenders, Agency Agreements etc.

· Advisory role to Operations Managers (1/ENGG) on pricing of major tenders and other Commercial matters, to Operations Department Head and supply chain Manager (1/PUR, 2/PUR ) on Commercial Matters, to the General Manager-Sales and Operations Department on Business Strategic Planning,

· Capital Expenditure appraisal and control. Ensure that the Capital Expenditure guidelines are adhered to with regards to appraisal, levels and approval.

· Responsible for ensuring the adequacy of Insurance for the Company and direct subsidiaries.

· Responsible for performance appraisal/review and training of Finance & Administration staff of the Company.

· Treating HSE safety as number one priority at all times, participate in STOP program. Also responsible for department ISO 9000 conformance at all times.

Job Type: Full-time

Pay: RO5, RO6, per month

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