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Head of Finance Control in Muscat - Oman

Experience: 7 - 14 yrs.
Education:Basic - Any Graduation, PG - CA Inter(Chartered Accountant), Chartered Accountant(Chartered Accountant), Inst. of Cost & Works Accountants(Cost & Works Accountant), Chartered Financial Analyst(Finance)
Nationality: Omani
Industry Type: Banking / Financial Services / Broking
Functional Area:Finance / Treasury Mar 4, 2019

Job Description


Manage the financial matters of the Bank


Coordination with Audit

Liaison with External Auditors/Regulators including Tax, Central Bank of Oman, for audits and examinations to ensure that the requisite queries are satisfied

Financial Reporting

Preparation of Annual Financial Statements of the Bank in accordance with IFRS/IAS and monthly and quarterly reporting of financial data to Head Office. During this process it to be ensured that the quality of submission is maintained and the submission is timely.

Central Bank submissions

• Preparation of Monthly and Quarterly Returns for Central Bank including Basel II Returns to ensure that the central banks gets this data in a timely manner


• Preparation of Annual Budget of the Bank as per guidelines and in this regards interact with the business units (branches)

Financial Analysis

• Analyze balance sheet and profit and loss accounts of the bank as well as individual units [branches/other units] against budgets as well as historical numbers to ensure that the branches get the accurate picture of their performance


• Preparation and filling of Tax returns to ensure that tax filing is done in timely and accurate manner
Asset Management & Expense Processing & Monitoring
• Maintain Fixed asset register on assets and ensure that expense processing and monitoring (both capital expenditure and operating expenses) is carried out in an efficient manner and as per Bank’s approved processes and systems.
• Passing the expense accrual entries and supervision of the same


Minimum qualifications:

• Bachelor in Finance

Minimum experience:

• 8 years of experience in finance.


Should have good communication skills to liaise with the regulators, auditors and to communicate with the branch/unit heads.

Keyword: Finance, Financial Statements, IFRS, Taxation, Audit, Budget, Financial Analysis
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