Job closed
Ref: OP811-05
Job description / Role
Assistant Manager - MIS, Budgeting, Bank Guarantees
Purpose:
- Part of operational team ensuring compliance of financial policies and procedures.
- Ensures that transactions are recorded accurately and in time, to facilitate accurate and timely reporting.
Summary of the Job Role:
- Manage the operations of the finance department by maintaining the MIS Systems, Budget reviews, Bank Guarantees, Personnel Allowance, etc
Finance:
- Budget review
- Approval of leave and final settlement of employees
People:
- Training and development of reportees
Key Outputs:
Management Information System Reports :
- Liaison with divisional finance head / Div. head for adjustments / corrections in the transactions related to MIS.
- Providing necessary entries to reflect information correctly in MIS
Processing Bank Guarantees Requests (Tender Bond/ Performance bond/financial guarantees etc):
- Checking the costing along with supplier's quotes/terms etc
- Ensuring that financial risk of company is avoided/ minimized.
- Seeking clarification from the division in respect of the points not clearly stated by the division.
Quarterly / Half yearly performance report and analysis of each dept of each division:
- Report observations of each departments performance to the management.
Budgets Analysis and Review:
- Review & analyze the budgets of all divisions / departments / cost center.
- Submit the budget along with observations to management, well in time, before the scheduled budget discussion with management takes place.
Capital Expenditure Requests
- Ensure that capex requirement is justified
- Ensure that proper asset codes/dept are used
- Approving the document in the system after necessary approval at F&P and sending the document to the Divisions concerned
- System approval of RTPs i.e. Request to Pay
- Ensure that Staff Medical & Life insurance claims / policy renewals are timely maintained
- Approve Final Settlement, Leave settlement of staff
Internal Relationships:
- Asst. General Manager- Finance,
- Divisional GMs/ Directors, Divisional finance heads.
- Executives, Supervisors, Managers and Staff of all departments.
External Relationships:
- Banks
Requirements
- Graduation in commerce and a certified Chartered accountant with any internationally reputed institution.
- More than 7 years work experience in the Accounts/Internal Audit / Tax Audit/ working capital finance/MIS.
- Excellent written and oral communication skills.
- Demonstrated experience in financial/cost accounting.
- Advanced user of MS office and exposure to Report writers.
- Proficiency in operating ERP systems.
- Exposure to manufacturing companies; Product and process costing.
- Excellent team player and motivator.
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.