Ref: OP811-07

Job description / Role

Employment: Full Time

Accounts Executive - Financials (Associates& Subsidiaries)
General Accounting

Purpose:
A part of the operational team that Reviews and analyse performance reports of associates and subsidiaries and ensure timely reporting

Summary of the Job Role:
- Monthly and yearly reviews of MIS, Financials and Budget
- Ensuring reliability of the data
- Analysis of the reports

Key Outputs:
- Ensure timely review and analysis of financial, budget and MIS for subsidiary and associate companies.
- Ensure reporting of exceptions/deviations with reference to reviews performed to facilitate timely corrective actions
- Provide IPO/ LPO approvals with respect to accounting treatment of the expenses/purchases
- Stock adjustments, for all divisions of MHD LLC, review and assignment of financial entries to fulfill the effects of stock adjustments
- Preparation of financials for GCME and getting them audited by the statutory auditors at the year end.
- Support for making MHD LLC financials in terms of necessary schedules etc
- Support for taxation matters
- Support for payments and payroll function in case of the concern staff in unavailable/on leave
- Creation of service contracts for automotive sales
- Liaison with Insurance companies with respect to staff medical insurance.
- Reconciliations of claims made and realized, follow ups, additions and deletions of staff from the insurance policy coverage

Internal Relationships:
- DGM (Finance), Accounts Manager, Accounts, Accounts staff
- Executives, Supervisors, Managers and Staff of all departments

External Relationships:
- Auditors - External & Internal
- Insurance company - (medical insurance)

Requirements

- Chartered Accountant with nearly 6 years of experience.
- 3 - 5 years experience in a similar field.
- Demonstrated experience in financial/cost accounting.
- Advanced user of MS office and exposure to Oracle.
- Proficiency in operating ERP systems.
- Exposure to manufacturing companies; Product and process costing.
- Experience in ERP implementation.

Desired
- Internationally recognized qualification in Accounts and Audit Controls.
- Understanding of Banking, Insurance and Logistic operations.
- Knowledge of ERP.

About the Company

MHD has been built on more than fifty years of business in the Sultanate of Oman, and was incorporated in its current form in 1987. The Company remains a leader in commercial trading, while having expanded also into industrial products and services, contracting and investment.

MHD LLC is comprised of ten commercial divisions, representing hundreds of international brands for consumer goods and industrial supplies. Leading MHD brands include Jaguar Land Rover, Nokia, Michelin, Pioneer and a host of other household names. We also have the most advanced industrial gases business in Oman, and a wide range of market-leading materials for home and commercial building projects. MHD’s wholly-owned subsidiaries and joint ventures add more top brands, including US cosmetics brand Avon, Dell computers, and our Omani industries including Areej vegetable oil and Polycon plastic products.

MHD Training Institute LLC is one of our fastest-developing ventures, and working with both public and private sector employers to give the Omani workforce the skills it needs to compete at a global standard.

Overall, MHD employs over 1600 people in 72 locations around Oman, and is committed to offering the best career opportunities for ambitious, talented Omanis. MHD is an ISO 9001 accredited organisation.

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