Financial Controller

  • Muscat
  • Permanent
  • Full-time
  • 1 month ago
About the job Financial ControllerFor one of our prestigious clients, a leader in the Energy sector, we are seeking a Financial Controller to be based in Muscat, Oman.Role objective:
  • Lead accounting activities for the company and reporting activities for all subsidiaries, and manage business compliance and risk as per defined policies, guidelines and regulations.
Individual accountabilities/duties:
  • Financial Reporting: Prepare and review accurate and timely financial statements, including income statements, balance sheets, cash flow statements, and variance analysis.
  • Ensure compliance with accounting standards and regulatory requirements.
  • Financial Planning and Analysis: Participate in developing and maintaining financial models, forecasts, and budgets to support strategic planning and decision-making.
  • Analyze financial data, identify trends, and provide recommendations for improvement.
  • Internal Controls: Establish and maintain effective internal controls to safeguard company assets and ensure compliance with financial policies and procedures.
  • Conduct periodic internal audits to assess the effectiveness of controls and make recommendations for enhancements.
  • Cash Flow Management: Monitor cash flow, manage working capital, and ensure adequate liquidity for daily operations.
  • Implement cash management strategies and optimize cash flow processes to maximize efficiency.
  • Risk Management: Identify and assess financial risks and develop risk mitigation strategies.
  • Monitor market conditions, industry trends, and regulatory changes that may impact the company's financial performance.
  • Financial Compliance: Ensure compliance with applicable financial regulations, including tax laws, auditing standards, and reporting requirements.
  • Liaise with external auditors, tax advisors, and regulatory authorities as necessary.
  • Team Leadership: Manage and develop a team of finance professionals, providing guidance, coaching, and performance feedback. Foster a collaborative and high-performing work environment.
  • Stakeholder Communication: Communicate financial results, analysis, and insights to executive management and present the financial information in a clear and concise manner.
Experience/qualifications needed:
  • Bachelor required, C PA , GAAP, IFRS or equivalent required
  • Over 10 years experience in senior accounting positions.
  • Deep-expertise in running accounting processes.
  • Experience with financial systems and software (e.g., ERP systems, Excel, financial planning software).
  • Understanding of legal compliance incl. Omani financial laws and policies and listing and investors requirements.
  • Good understanding of oil & gas industry and related accounting policies and procedures.
  • Knowledge of risk assessment, audit and control processes


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