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Finance Manager

2 weeks ago

Muscat, Muscat, Oman SRI TRADER Full time 15,000 - 20,000 per year

Job Description:Job Title: Finance Manager – Real Estate – Muscat, Oman

you will be supporting and assisting CFO for the effective management of all financial tasks, including accounting, treasury, compliance, financial reporting, tax and development of internal control policies and procedures.

Provide support and coordination in the administrative, accounting and budgeting efforts of the company.

Job Responsibility

  • Ensuring daily transactions are captured and recorded in the system and assist team in this tasks
  • Ensures timely closure of books on monthly basis to deliver on time monthly, quarterly and annual accounts in compliance with IFRS.
  • Prepares financial summaries, reports, analysis, cost-benefit analysis and/or ad-hoc financial reports as required by the Senior Management.
  • Ensures timely issuance of accurate weekly and/or monthly flash / reports.
  • Prepare, organize, send timely payment notifications and reminders to buyers based on the payment plans.
  • Tracking payment defaulters and reporting it to CFO for further action in compliance with sale purchase agreement.
  • Ensures scrutiny on vendors/contractor's bills and timely payment to all suppliers and supplier accounts reconciliation.
  • Weekly cash flow forecast, related funding needs, and available funds.
  • Develops and maintains working relationships with banks, escrow accounts and trustee banks and understands all requirements of escrow account regime to ensure timely settlement of payments.
  • Ensures entity level legal & tax compliance with corporate/tax laws & rules, VAT including VAT legislation / practice / procedures and monthly / annual filings.
  • Coordinates with external auditors for audit plans and ensures timely delivery of entity level financial reports in consultation with CFO.Key Skills:Mandatory:
  • ? Experience of residential real estate development? Strong technical accounting skills, including IFRS? Working knowledge of ERP systems – Sales force, Financial Force, Focus? Advanced knowledge of Microsoft Office? Experience of working within a multi-cultural environment.? Should have managed a team of at least 4 to 5 accountants? Should have worked with companies with turnovers more than 5 million OMR yearly? Should have a corporate exposure and had been in an environment of more than 50 employees.? Real Estate Industry or Construction related Experience? Proven track record of success in senior roles.? Confident, driven and dynamic leader.

  • Target Industry: Real Estate/Construction

  • Gender: Male

  • Experience: Minimum of 10-12 years of relevant experience with 2+ years at a Managerial / Chief Accountant Level
  • Job Location: Muscat, Oman (Looking for candidates from India)
  • Working Days: 5 days (Friday and Saturday off)
  • Work Timings: 8am to 5pm.
  • Qualification: CA
  • notice Period: Immediate to 60 days

Job Type: Full-time

Pay: Up to RO2, per month

Application Question(s):

  • Current salary ?
  • Expected salary ?
  • Notice period (immediate/15 days/30 days)?
  • Are you CA ?
  • Do you have experience in Real Estate/Construction ?