Senior Accountant

Job Description

Position

Senior Accountant

Role Summary

The role holder is responsible for effectively control all financial parameters of the business.

Reports To

Finance Head

Key Responsibilities

• Preparation of monthly, quarterly and annual financial reports under US / IFRS GAAP;
• Prepare detailed P\&L of the business, highlighting poor performance and opportunities;
• Liaise with auditors for quarterly review and final audit;
• Take complete responsibility of all taxes \& statutory compliance;
• Provide analytical support to the business and continually improves financial systems and data;
• Work with the local Retail teams to produce robust budgets and monthly business forecast;
• Analyse costs, pricing, variable contributions, sales results and the actual business performance compared to the budgeted plans;
• Effectively plan cash flow and manage working capital needs;
• Provide weekly performance report to the Retail team highlighting trends and opportunities to assist in improving profits, margins and reducing costs;
• Identify risks and opportunity areas to the forecasts;
• Liaise with the Corporate Finance team on key areas of financial control;
• Work with local Retail team to ensure ordering and receipt of goods is done effectively;
• Ensure all weekly/periodic data is collected and credited and numbers are reviewed;
• Conduct and oversee internal reviews, audits periodically to ensure that compliance procedures are followed;
• Ensure and verify that all regulatory policies and procedures have been documented, implemented, and communicated;
• Assess compliance risk \& ensure adequate control mechanisms are in place for minimizing/ managing risks.
• Prepare MIS;
• Any other responsibility given by the Management time to time.

Key Result Areas

• Timely \& accurate financial reporting.
• On time \& accurate budget vs actual performance analysis
• Efficient inventory \& working capital management

Competencies :

• Five to eight years of work experience, ideally from Oman having good understanding of local banking, taxation and statutory compliance;
• Excellent knowledge of MS office applications specially MS Excel
• Excellent knowledge in managing large database, analysis and creating MIS reports,
• SAP – FICO Module knowledge is important but not mandatory
• Language capability : English and Arabic (reading)

Base location :

• Muscat, Oman however, ready to travel \& stay across Oman based on business requirements.

Qualification :

• Inter CA preferred, with good academics. Ideally an India National expat.

Gross Salary :

• OMR 600 – 700 pm plus accommodation and local transport

Pay: RO600.000 - RO700.000 per month

Work Location: In person