Job Description
Our Client:Is a well known organization in the consumer goods sector.
Location: Muscat
Department: Corporate Finance
Reporting to: Chief Financial Officer
Role Overview
We are seeking a highly skilled and strategic Financial Controller to lead our finance and accounting operations, ensuring the financial health, integrity, and growth of our organization. In this role, you will oversee financial planning, reporting, internal controls, and cash management, while providing valuable insights to support strategic decision-making. As a key financial leader, you will collaborate with senior management to develop financial strategies, maintain compliance, and safeguard the company’s assets.
The ideal candidate will have a deep understanding of accounting principles, financial management, and risk mitigation strategies. You will play a pivotal role in guiding the organization’s financial decisions and maintaining the highest standards of financial integrity.
Key Responsibilities
- Financial Planning & Analysis
- Develop and manage the annual budget, ensuring alignment with strategic goals.
- Provide financial analysis, forecasting, and insights to support business planning and decision-making.
- Monitor financial performance against budget and provide regular updates to senior management.
- Financial Reporting
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure accurate and timely financial reporting in compliance with accounting standards and regulations.
- Present financial reports to senior management and external stakeholders.
- Accounting Operations
- Oversee day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and payroll.
- Ensure accurate recording and reporting of financial transactions.
- Implement and maintain internal controls to safeguard company assets.
- Financial Controls & Compliance
- Establish and maintain internal financial controls and procedures to prevent fraud and errors.
- Oversee and coordinate internal and external audits.
- Ensure compliance with financial laws, regulations, and tax requirements.
- Cash Management & Treasury Functions
- Manage cash flow, cash forecasting, and working capital optimization.
- Oversee banking relationships and treasury functions, ensuring liquidity and financial stability.
- Team Leadership & Development
- Supervise and mentor the finance and accounting team, promoting professional growth and development.
- Ensure the team effectively manages financial operations and meets reporting deadlines.
- Financial Strategy & Risk Management
- Assist in developing and implementing financial strategies to support business growth and sustainability.
- Identify opportunities for cost control, revenue enhancement, and financial process optimization.
- Assess financial risks and develop mitigation strategies.
- Tax Compliance & Strategy
- Ensure compliance with all tax regulations and manage tax planning strategies.
- Coordinate with external tax advisors as needed to optimize tax positions.
- Financial Systems & Technology
- Oversee the implementation and maintenance of financial software and systems to improve efficiency and accuracy in reporting and analysis.
Qualifications & Experience
- Education: Bachelor’s degree in Finance, Accounting, or Economics. A Master’s degree in Business Administration (MBA) or a professional accounting qualification (ACCA, CPA) is highly desirable.
- Experience: Minimum of 10+ years of relevant experience in finance, with at least 3 years in a leadership role. Experience in financial management, internal controls, and risk management is essential.
- Technical Expertise: Strong knowledge of financial reporting, cash management, treasury operations, and financial analysis. Familiarity with banking systems and treasury software is a plus.
Skills & Competencies
- Strategic Thinking & Financial Planning: Ability to develop and implement financial strategies that align with organizational goals.
- Effective Communication & Leadership: Strong communication skills to engage with stakeholders and lead a high-performing finance team.
- Analytical & Problem-Solving: Proficiency in financial analysis and problem-solving to identify risks and opportunities for improvement.
- Compliance & Risk Management: Thorough understanding of compliance requirements, tax regulations, and risk management practices.
- Attention to Detail & Accuracy: High attention to detail in financial reporting, data analysis, and documentation.
Managing expectations: “At Mindfield, we strive for exceptional results, and we achieve this by understanding the needs of both our clients and candidates. We ask that you take note of our “must-haves” to ensure a successful application process. We look forward to building a long-term relationship with you. Mindfield – making a difference.”