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Chief Financial Officer

2 weeks ago

Muscat, Muscat, Oman Sultanate of Marble Full time 900,000 - 1,200,000 per year

Key Duties & ResponsibilitiesAbout the Company

Kunooz Marble is a leading industrial company in the Sultanate of Oman, operating in the production of premium-quality marble products. The company thrives in a dynamic and disciplined work environment grounded in robust corporate governance. Kunooz aims to comply with international standards such as ISO and IFRS and is committed to a unified operational system (SOPs) supported by a digital ERP platform to ensure consistency, accuracy, and operational integrity.

Company Vision

To become a regional leader in industrial innovation and sustainable operations in the marble sector by:

· Enhancing production efficiency and maximizing value from natural resources.

· Promoting transparency and financial control.

· Developing and empowering human capital to lead operational sectors.

· Building a strong financial structure to support local and international expansion.

Within this context, the Finance Department—along with Human Resources—plays a critical role in supporting strategic decisions, balancing growth with internal controls, and transforming financial data into intelligent decision-making tools. This position requires a financial leader with a strategic mindset and operational insight, capable of connecting financial realities with industrial objectives, and leading his team with decisiveness and professionalism to ensure sustainable performance and shareholder satisfaction.

Reporting Line: Chief Executive Officer (CEO)Departments Supervised:

· Accounting

· Treasury and Collections

· Procurement

· Budgeting and Internal Audit

· Human Resources and Organizational Development

· Strategic Financial Planning (5-Year Outlook)

· External Relations with Banks, Lenders, and Strategic Partners

Key Duties & ResponsibilitiesI. Financial Management and Strategic Planning

  1. Prepare annual budgets and monitor actual performance against planned targets.

  2. Develop long-term financial strategies aligned with the company's business objectives.

  3. Oversee the preparation of monthly and annual financial statements and performance reports.

  4. Monitor cash flow and identify potential financial bottlenecks.

  5. Manage relationships with banks, lenders, and strategic financial partners.

  6. Conduct proactive financial planning and risk mitigation through detailed cash flow forecasting.

II. Compliance and Control

  1. Ensure full compliance with IFRS standards and relevant Omani regulations.

  2. Lead internal and external audit processes, ensuring readiness and documentation.

  3. Maintain robust internal controls to prevent fraud or misrepresentation.

  4. Review high-value contracts and purchase agreements prior to financial approval.

  5. Oversee the Human Resources function in alignment with the Oman Labor Law.

III. Performance Monitoring & Financial Reporting

  1. Analyze financial performance and provide strategic recommendations based on KPIs.

  2. Prepare feasibility studies and return-on-investment (ROI) assessments for new projects.

  3. Enhance financial systems and ensure ERP integration with reporting and cost control mechanisms.

IV. Team Leadership and Development

  1. Lead and develop the accounting and treasury teams, identifying training and development needs.

  2. Ensure effective performance of accounting, collections, and procurement units.

  3. Implement a strategic Omanization plan and develop local financial talent within the department.

V. Institutional & External Relationship Management

  1. Manage corporate relationships with banks, auditors, suppliers, and key partners.

  2. Propose innovative financing solutions (Leasing, Factoring, Project Finance) to support long-term growth.

  3. Represent the company in high-level financial discussions and strategic partnerships.

VI. Digital Transformation & Financial Intelligence

  1. Lead the development of a Financial Intelligence Dashboard that connects real-time financial and operational data.

  2. Oversee the digital transformation of the finance function and optimize the ERP platform.

  3. Deliver analytical reports that support executive decision-making and board-level reporting.

Strategic Outlook Required of the CFO

· Transform Kunooz Marble into a regional financial benchmark in the marble industry in terms of cost control, efficiency, and transparency.

· Lead profitability enhancement initiatives through cost automation and cost center analysis.

· Build financial models that enable strategic expansion and export readiness.

· Develop a forward-looking financial intelligence system to align operations with financial insights.

· Foster strategic financial partnerships to strengthen long-term capital stability.

Required Qualifications & ExperienceEducational Qualifications:

· Bachelor's degree in Accounting, Finance, or Economics (mandatory).

· Professional certifications such as CPA, CMA, or ACCA (strongly preferred).

· Master's degree in Finance or Business Administration (a competitive advantage).

Note: Extensive professional experience may substitute for additional certifications.

Professional Experience:

· Minimum of 8 years of experience in financial leadership roles, including at least 3 years as a CFO or Deputy CFO.

· Proven ability to manage cross-functional teams.

· Demonstrated experience in leading financial digital transformation and ERP deployment.

· In-depth understanding of industrial cost structures and factory cost accounting.

· Experience in working with regulatory bodies, tax authorities, and financial institutions.

Job Types: Full-time, Permanent, Contract

Contract length: 24 months

Expected Start Date: 01/10/2025