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Finance Manager

2 weeks ago

Muscat, Muscat, Oman ELITE co. Full time 90,000 - 120,000 per year

About Us:

We aim to be one of the most innovative and trusted supply chain partners. Our mission at Elite is simple: to provide high-quality services for our valued clients. Our team goes above and beyond to cater to each project's specific needs. We have a distinct culture and teams of passionate individuals wanting to create something better for our clients, our colleagues, and the community we operate in. Our daily decisions are anchored by our core values: Trust, Customer Centricity, Innovation, Action-Bias, and Excellence. Elite Co is an equal opportunity employer that is committed to diversity, that individual talent has unique abilities, and we value our differences. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, origin, disability or other characteristics protected by the applicable law.

Purpose:

To manage financial accounting operations and ensure accurate and timely execution of key accounting processes and procedures, and compliance with relevant international accounting standards and regulatory guidelines

Key Responsibilities:

Accounting Operations

  • Manage the implementation of a framework for financial accounting operations to ensure adherence to internal policy and international financial reporting standards

  • Oversee operations relevant to settlements of accounts and reconciliation of purchase orders and receipts from vendors and suppliers in coordination with key stakeholders from Finance

  • Manage expense reimbursements to staff members and other business-related expenses, ensuring adherence to Elite's policy guidelines

  • Manage payments for suppliers and secure approval to ensure that payments are delivered in a timely and accurate manner

  • Manage requisite operations to ensure accurate and timely entry of payments of invoices and expenses to ensure appropriate booking of costs

  • Perform all operations related to monthly closing of accounts payables and ensure adherence to established internal and external guidelines governing the same

  • Address and resolve all queries/issues regarding financial control operations/operations/process to facilitate timely completion of relevant financial operations

  • Any adhoc job requirement as delegated by the Line Manager

Tax

  • Execute accurate and timely VAT reporting by accumulating sales data for the correct accounting period and generating reports on transactions to ensure that VAT reporting has accurate information and is compliant with accounting practices and regulatory guidelines

  • Ensure accurate and timely reporting of any other tax related matters to ensure compliance with accounting practices and regulatory guidelines

  • Conduct research to comply with new or revised tax laws and regulations by engaging with industry peers, published literature and government announcements

Reporting

  • Ensure accurate financial reporting by analyzing data and generating reports on transactions to ensure that executive management has accurate information and ensure compliance with accounting practices and regulatory guidelines

  • Manage financial reporting, ensuring that management have accurate information that reflect Elite's current financials

  • Oversee preparation of requisite reports (weekly/monthly/adhoc) and ensure timely submission to facilitate decision making

  • Manage income and expenses analysis, reconcile accounts, and file regulatory reports as per established guidelines

Operations Management

  • Manage daily accounting operations to ensure that work processes are implemented as designed and comply with established policies and procedures

  • Manage the preparation of timely and accurate reports to meet company and departmental requirements, policies, and standards

People

  • Promote and oversee the provision of ongoing guidance and mentorship within the accounting function to build a culture of coaching and to promote both professional and personal growth

  • Oversee payroll-related processes and procedures to ensure timely payments to employees on a monthly basis

Financial

  • Develop and recommend the Department's annual budget, and provide input into Divisional budget planning, monitor departmental performance and control costs to ensure that areas of unsatisfactory performance are identified and rectified promptly

Risk

  • Support the development of a risk culture and promotion of sound risk practices to reduce the likelihood of financial and operational risks

Requirements:

Education and Certification

  • Bachelors' degree in Finance, Accounting or relevant degree is required

  • Recognized professional accounting qualification (e.g. ACA, CPA, CMA, CA) is required

  • Certification in IFRS/ IAS from any accredited institute is preferred

Knowledge and Skills

  • Accounting principles, practices, and standards

  • Accounting software

  • Laws and regulations

  • Bookkeeping

Experience

  • A minimum of 10 years of relevant experience with at least 5 years in a similar role, preferably in the logistics field

Job Type: Full-time

Application Deadline: 10/09/2025

Expected Start Date: 21/09/2025