Sr/ Specialist Financial Accounting

About the Role
The Sr/Specialist Financial Accounting role is a senior specialist position within the Finance RPI – Control function. You will execute financial accounting activities under the scope of the Manager Financial Accounting, acting as a team player in delivering financial accounting services. This includes executing non-standard accounting, managing the monthly, quarterly, and annual closing processes for consolidating financial results, ensuring compliance with group accounting standards and local GAAP (IFRS), and contributing to the maintenance of the Company Accounting Policy Manual. Your work will support the financial goals and objectives of the Company while ensuring adherence to both local and international accounting standards across all group entities.
You will work in accordance with the Company’s Mission, Vision, Values & Strategies, policies, guidelines, and international standards, while supported by IT technology platforms, HSE standards, Omani government regulations, and best international practices aligned with national objectives.

Main Tasks and Responsibilities

• Execute monthly, quarterly, half-year, and year-end management reporting/group reporting, including statutory and consolidation.
• Conduct external reporting in line with Local (IFRS) and CMA/MSX/Group guidelines.
• Manage closing processes, maintaining close calendars alongside all related close and consolidation procedures and controls.
• Prepare and compile consolidated balance sheets, income statements, statements of cash flows, and other financial statements.
• Collaborate with the financial accounting team to develop financial reports that assist in financial reporting, analysis, and business needs.
• Collect and evaluate information from multiple sources to provide insights into business issues and recommend action plans.
• Build a robust consolidated reporting package, including Company RPI, Logistics, Polymer Marketing, and International Offices statutory & government reporting.
• Coordinate with internal auditors, state auditors, and statutory auditors to meet their requirements.
• Execute pre-procurement activities for the financial accounting team.
• Assist in developing/maintaining the Company accounting manual consistent with Group policy and relevant accounting standards.
• Help compile the budget for the financial accounting team and monitor the team's actual performance against the budget.
• Promote an environment that encourages employee engagement in quality improvement initiatives within both departmental and company-wide scopes.
• Execute complex and non-standard accounting, such as impairment tests for non-financial assets, employee benefits, site restoration, and intangibles.
• Support the preparation of technical accounting papers on complex accounting areas such as capitalization, investments, derivatives, mergers, and impairments.
• Collaborate closely with other departments including treasury, commercial, operations, legal, and tax.
• Effectively collaborate with managers in responsible areas to ensure departmental objectives, performance metrics, quality measures, and budget targets are achieved.

Key Interactions

• Internal: RPI
• External: Shareholders, Government, State and external auditors, lenders, consultants

Notable Working Conditions

• Office environment with intensive computer screen use and sporadic visits to operational sites.

Education Requirements

• Bachelor’s degree in finance or related field
• Professional Accounting certification (desirable)

Language Requirements

• Exceptional knowledge of written, read, and spoken English (required)
• Arabic - Native (desirable)

Background and Experience

• 6-8 years of relevant experience for Senior Specialist level
• 5+ years of relevant experience for Specialist level
• Preferred experience in a similar role
• Experience in non-standard accounting
• Essential experience in the Oil and Gas/Energy industry
• Deep understanding of financial reporting and analysis
• Experience dealing with third parties such as state auditors, Ministry of Finance, lenders, and investors

Competencies and Skills

• Soft Skills:

  • Teamwork and collaboration skills
  • Strong analytical and planning skills
  • Forward-thinking with excellent business and technical report writing skills
  • Ability to thrive in ambiguity and complexity, exploring multiple solutions to problems
  • Strong communicator (written and verbal) comfortable presenting to all organizational levels
  • Excellent interpersonal and communication skills with a track record of building strong relationships with stakeholders
  • Exceptional problem-solving and analytical skills with the ability to assimilate a wide range of information quickly

• Technical Skills:

  • Exceptional PC software knowledge
  • Knowledge of SAP
  • Fluent in English; Arabic is an advantage
  • Proven effectiveness in accounts payable execution
  • Proficiency in MS Office applications