Senior Accountant

Description

Summary: The Senior Accountant is responsible for effectively controlling all financial parameters of the business, including financial reporting, analysis, and compliance. Highlights: 1. Responsible for financial reporting under US / IFRS GAAP 2. Manages all taxes and statutory compliance 3. Provides analytical support and improves financial systems **Job Description** **Position** Senior Accountant **Role Summary** The role holder is responsible for effectively control all financial parameters of the business. **Reports To** Finance Head **Key Responsibilities** * Preparation of monthly, quarterly and annual financial reports under US / IFRS GAAP; * Prepare detailed P\&L of the business, highlighting poor performance and opportunities; * Liaise with auditors for quarterly review and final audit; * Take complete responsibility of all taxes \& statutory compliance; * Provide analytical support to the business and continually improves financial systems and data; * Work with the local Retail teams to produce robust budgets and monthly business forecast; * Analyse costs, pricing, variable contributions, sales results and the actual business performance compared to the budgeted plans; * Effectively plan cash flow and manage working capital needs; * Provide weekly performance report to the Retail team highlighting trends and opportunities to assist in improving profits, margins and reducing costs; * Identify risks and opportunity areas to the forecasts; * Liaise with the Corporate Finance team on key areas of financial control; * Work with local Retail team to ensure ordering and receipt of goods is done effectively; * Ensure all weekly/periodic data is collected and credited and numbers are reviewed; * Conduct and oversee internal reviews, audits periodically to ensure that compliance procedures are followed; * Ensure and verify that all regulatory policies and procedures have been documented, implemented, and communicated; * Assess compliance risk \& ensure adequate control mechanisms are in place for minimizing/ managing risks. * Prepare MIS; * Any other responsibility given by the Management time to time. **Key Result Areas** * Timely \& accurate financial reporting. * On time \& accurate budget vs actual performance analysis * Efficient inventory \& working capital management **Competencies :** * Five to eight years of work experience, ideally from Oman having good understanding of local banking, taxation and statutory compliance; * Excellent knowledge of MS office applications specially MS Excel * Excellent knowledge in managing large database, analysis and creating MIS reports, * SAP – FICO Module knowledge is important but not mandatory * Language capability : English and Arabic (reading) **Base location :** * Muscat, Oman however, ready to travel \& stay across Oman based on business requirements. **Qualification :** * Inter CA preferred, with good academics. Ideally an India National expat. **Gross Salary :** * OMR 600 – 700 pm plus accommodation and local transport Pay: RO600\.000 \- RO700\.000 per month Work Location: In person