Accounting Manager

• Ensure the financial compliance and operational efficiency of the organization by leading financial
  
  reporting, overseeing financial planning and analysis, managing core accounting operations, and
  
  strengthening internal controls and process improvements.
  
• Lead and oversee the financial close process of PE and UFC, ensuring accuracy, timeliness, and
  
  compliance with IFRS, local regulations, and requirements from Head Office (Muscat) and Group
  
  Management (Canada).
  
• Own the process of external financial reporting and internal managerial reporting.
  
• Manage and review day-to-day accounting operations, including Accounts Payable (AP), Accounts
  
  Receivable (AR), General Ledger (GL), and Fixed Assets.
  
• Ensure a robust internal control environment, identifying and implementing process improvements
  
  and compliance measures.
  
• Conduct detailed cost analysis, margin review, and variance analysis to support operational and
  
  strategic decision-making
  

• Financial Compliance & Reporting:
  
  - Ensure full compliance with IFRS, local statutory requirements, and internal financial policies.
  
  - Prepare and submit accurate and timely financial statements for PE and UFC entities.
  
  - Coordinate with external auditors and regulatory bodies for audits, filings, and inspections.
  
  - Liaise with Head Office (Muscat) and Group Management (Canada) to align reporting standards and
  
  timelines
  
• Financial Planning & Analysis (FP&A):
  
  - Lead the budgeting, forecasting, and long-term financial planning processes.
  
  - Analyze financial trends, variances, and performance indicators to support strategic decisions.
  
  - Provide actionable insights and recommendations to senior management for cost optimization and
  
  revenue enhancement.
  
• Accounting Operations Oversight:
  
  - Supervise daily accounting functions including:
  
  - Accounts Payable (AP): Ensure timely and accurate vendor payments and reconciliations.
  
  - Accounts Receivable (AR): Monitor collections, credit control, and customer account reconciliations.
  
  - General Ledger (GL): Maintain accurate and up-to-date ledger entries and journal postings.
  
  - Fixed Assets: Oversee asset capitalization, depreciation, and physical verification.
  
• Financial Close & Consolidation:
  
  - Manage month-end, quarter-end, and year-end closing activities for PE and UFC.
  
  - Ensure completeness, accuracy, and timeliness of financial data consolidation and intercompany
  
  reconciliations.
  
  - Coordinate with cross-functional teams to resolve discrepancies and streamline closing processes.
  
• Internal Controls & Process Improvement:
  
  - Design, implement, and monitor internal control systems to safeguard company assets and ensure
  
  data integrity.
  
  - Identify process inefficiencies and lead initiatives for automation and workflow optimization.
  
  - Conduct periodic risk assessments and recommend corrective actions.
  
• Costing, Margin & Variance Analysis:
  
  - Perform detailed cost analysis to evaluate product/service profitability and cost drivers.
  
  - Review gross margins and conduct variance analysis against budget and forecast.
  
  - Support pricing strategies, procurement decisions, and operational planning with financial insights.
  
• Team Leadership & Stakeholder Engagement:
  
  - Lead and mentor the finance and accounts team, fostering a culture of accountability and continuous
  
  improvement.
  
  - Collaborate with department heads to align financial goals with operational objectives.
  
  - Serve as a key point of contact for financial matters with internal and external stakeholders.
  

• Internal: CFO, Plant Operations, Procurement, HR, and Shared Services.
  
• External: External Auditors, Tax Authorities (Oman), Banks and Financial Institutions, Regulatory Bodies.
  

• Regulatory Complexity – Navigate evolving Omani tax and financial reporting requirements while aligning with international group standards.
  
• Operational Pressures – Balance financial control with the fast-paced demands of a manufacturing environment.
  
• Data Accuracy – Maintain high standards of precision in financial records despite high transaction volumes.
  
• Regulatory Compliance Pressure – Ensure consistent adherence to evolving Omani financial, tax (especially VAT), and labor regulations while meeting internal audit and reporting standards.
  
• Cross-Location Coordination – Maintain accurate and timely financial data flow between the Sohar plant and the Head Office in Muscat despite operational and communication gaps.
  
• Month-End Close Tight Deadlines – Deliver clean, reconciled financial statements under tight timelines while managing a small local finance team and supporting audit readiness.
  
• Inventory & Cost Accuracy in Manufacturing – Resolve discrepancies between physical inventory counts and book records in a dynamic polymer production environment, ensuring accurate cost of goods sold and margin reporting.
  

• Strong leadership and team management capabilities.
  
• In-depth knowledge of IFRS, Omani accounting standards, and tax regulations (especially VAT).
  
• Excellent analytical, problem-solving, and decision-making skills.
  
• High proficiency in ERP systems (e.g., SAP, Oracle, or similar) and Microsoft Office (especially advanced Excel).
  
• Strong communication and interpersonal skills with ability to interact effectively across cultures and organizational levels.
  
• Integrity, discretion, and commitment to ethical financial practices.
  
• Ability to work independently in a remote plant setting with minimal supervision.
  

Requirements

• Bachelor’s degree in Accounting, ACCA (Mandatory), or equivalent certification preferred.
  
• Minimum 6–8 years of accounting experience, with at least 2 years in a managerial role, preferably in
  
  manufacturing, chemicals, or polymer industries.
  
• Proven experience in financial reporting, tax compliance, and audit coordination in Oman.
  
• Familiarity with multinational reporting structures and intercompany accounting practices.
  
• Experience managing a small finance team in an industrial or plant-based environment.
  
• Working knowledge of Omani labor, commercial, and tax laws.