Location: Muscat, Oman
Years of Experience: 8+ years of relevant experience
Project Duration: 6 months
Working Arrangement: On-site
Language Requirements: Fluency in English (written and spoken)
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We are seeking an experienced Finance Manager to lead the finance function, ensuring accurate financial reporting, effective financial controls, and sound management of project budgets, costs, and cash flows.
The role will focus on overseeing financial accounting, budgeting, forecasting, project financial management, cash flow planning, and regulatory compliance, while providing financial insights to support business and project-related decisions.
Key Requirements
- 8-10+ years of relevant experience.
- Demonstrated finance management experience within construction, contracting, engineering, or a similar project-based industry.
- Strong knowledge and practical experience in project accounting, contract financial management, and cost control.
- Experience in cash flow forecasting.
- Strong knowledge of International Financial Reporting Standards (IFRS).
- Experience working with ERP systems and coordinating financial activities with project, procurement, and commercial teams.
Preferred Qualifications
- Professional accounting or finance qualification, such as ACCA, CPA, or CMA.
Other Qualifications
- Bachelor's degree in Accounting, Finance, or a related discipline.
- Strong analytical and financial problem-solving skills.
- Excellent leadership and team management capabilities.
- Strong communication and stakeholder management skills.
Key Responsibilities
- Oversee financial accounting, month-end closing activities, and management reporting to ensure accurate and timely financial information.
- Lead annual budgeting, forecasting, and financial planning, consolidating financial inputs from project and operational teams.
- Monitor project profitability, committed costs, cost-to-complete estimates, and budget variances, recommending appropriate corrective actions.
- Manage project accounting activities, including work in progress, progress billings, retention balances, advances, and subcontractor payments.
- Review the financial implications of contracts, variations, and claims in coordination with commercial and project teams.
- Oversee revenue recognition and project cost allocation in accordance with applicable accounting standards and company policies.
- Manage cash flow forecasts, working capital, collections, banking relationships, guarantees, and financing requirements.
- Maintain effective internal financial controls, coordinate audit activities, and ensure compliance with applicable tax and regulatory requirements.
- Provide financial analysis and insights to support tender pricing, capital expenditure decisions, and broader business decisions.
- Lead and develop the finance team while supporting improvements in finance processes and ERP reporting.
