Ensure that feasibility studies for new
business opportunities are fully reviewed to
cover (risks, financing- cash and non-cash,
key ROI indicators, integrity of underlying
calculations, ensuring adequate technical sign
off on new products viability, commercial
terms, ensuring legal reviews)
●Ensure timely updates of all transactions in
the ERP system to facilitate generation of
reports, budgeting and Business
Performance Review
●Ensure prompt reporting of
exceptions/deviations to facilitate timely
corrective actions.
●Vetting of Request to Orders for Overseas
Procurement with reference to appropriate
parameters to ensure compliance with
company policy
●Ensuring claims are lodged with Principals
and follow up of the claims on damages/
shortages.
●Assets management – Ensure additions and
disposals of fixed assets and deprecation
charge are properly accounted
●Cash flow management – ensuring that
adequate banking facilities are planned for
at all times and in parallel ensuring tight
WC management, keeping the costs of
financing within reasonable limits, working
closely with company finance for leveraging
bank relationships
●Banking – Verify that collections are
promptly accounted and deposited.
●Receivables – Generate necessary reports
for follow-up of collections with Sales
department in respect of unapproved sales
and coordinate with HO for approved sales.
●Payables – Ensure Suppliers’ bills are
properly verified and accounted.
●Sales - Ensure all dispatches are invoiced
and all error logs/reports are cleared
promptly
●Payments - Ensure supplier and other
payments are made on due dates.
●Reconciliations - Ensure timely
preparation of monthly reconciliations for
Bank accounts, Suppliers, Customers and
other GL accounts.
●Vetting/Authorization of all documents
including LPOs, Stock Adjustments, IPOs
Petty cash, Overtime Claims, etc.
●Assist in trouble-shooting and resolving
ERP integration issues along with key
users/counterparts in other departments.
●Ensure team members are properly trained
to perform their duties and jobs effectively
and efficiently
●Monitors operation of company policies,
processes and procedures for compliance.
Reports non conformance and issues to be
addressed. Identify gaps in controls to
senior management and recommend
adequate controls
●Monitors operation of company’s
Financial, IT and Accounting internal
control systems and processes. Reports non
conformance and issues to be addressed
●Ensuring that all taxation issues including
VAT returns are taken care of
●Coordinate with external auditors for ISO
Audit
●Coordinate with internal audit .
Job Details
| Posted Date: | 2022-04-07 |
| Job Location: | Muscat, Oman |
| Company Industry: | Oil & Gas |
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