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General Manager - Finance Operations

Oman Investment Authority
Muscat, Oman Listed 1 month ago via Naukrigulf
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Job Overview

Company Industry BankingFinancial ServicesBroking
Department / Functional Area FinanceTreasury
Keywords General Manager - Finance Operations

Establish, monitor, and enforce a robust financial control framework and internal governance environment across receivables, payables, and fixed assets in strict compliance with statutory, regulatory, and IFRS requirements. Serve as the primary custodian for internal and external audit engagements, driving timely, complete tracking and closure of all audit observations, recommendations, and compliance deficiencies. Drive working capital management strategies to optimize the cash conversion cycle, leading aggressive accounts receivable collection processes, engineering vendor payables timelines, and supporting corporate cash flow requirements. Direct the comprehensive compilation of the annual operational budget, monitor departmental variances, and provide consolidated financial data inputs to the GM - Financial Strategist for long-term corporate planning. Manage all accounts payable activities, including strategic vendor payments management, strict ledger reconciliations, credit card management, and regular financial presentations to departmental Finance Champions. accounts receivable activities, including revenue estimation, active debtor tracking, collections monitoring, and strategic cash inflows. Enforce strict controls over fixed asset lifecycles, including comprehensive pre-capitalization reviews, mandatory periodic physical verification cycles across all sites, robust decommissioning/disposal governance, and rigorous monitoring of Capital Work in Progress (CWIP) project structures. Serve as the business owner for finance digitalization, leading the continuous optimization, automation, and enhancement of ERP finance modules to scale transaction processing efficiency and eliminate manual workflows. Manage and control the assigned Finance Operations departmental budget, taking direct accountability for cost-center variances, headcount costs, system licenses, and resource optimization. Establish and maintain Service Level Agreements (SLAs) and procedural guidelines to guarantee the timely, accurate, and professional delivery of financial support to all internal sectors, departments, and employees. Set clear performance objectives, provide continuous coaching, and manage talent development for all direct reports to ensure optimal delivery of operational goals in line with good people management practices. Adhere to and enforce all corporate quality, health, safety, and environmental (OHSE) procedures, instructions, controls, and role-specific KPIs to ensure absolute employee safety and environmental compliance.

Desired Candidate Profile

Qualifications And Certifications : Master of Science (MSc) in Accounting and Finance or MBA Minimum of 10 years of total experience in corporate accounting, financial operations, or transactional finance, with at least 5-7 years in a senior leadership or departmental management role overseeing mid - large finance teams. Strong, proven track record in financial governance, closing major statutory audits, managing working capital cycles, and leading ERP optimization or finance digitalization initiatives. Professional Accounting qualification such as ACCA, CMA, CIMA, CA or equivalent is desirable

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  • CompanyOman Investment Authority
  • LocationMuscat, Oman
  • Categoryaccounting
  • SourceNaukrigulf
  • Listed1 month ago

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