Dy Finance Manager - Hamdan Mining

Hamdan Trading Group

Sohar, Oman

Ref: OP957-21

Job description / Role

Employment: Full Time

Reporting line to Financial Controller
• In depth knowledge of IAS, IFRS, Corporate Law and Taxation,
• Consolidation of group financial results on a monthly, quarterly and annual basis,
• Identifying areas for cost cutting and improvement,
• Financial budgeting and forecasting, financial reporting and financial analysis skills,
• Ensuring that all financial controls (standard controls as well as established in line with internal audit department) for different business processes are met and adhered to at all times,
• Coordinate with external auditors to ensure compliance,
• Meet accounting and financial objectives by formulating annual/monthly budget with the support of respective managers, conducting variance analysis, reporting and implementing corrective actions,
• Scheduling expenditures, analyzing variances, initiating corrective actions,
• Ensure recording of accurate transactions in GL and hard closure of monthly posting in the ERP system,
• Co ordination with insurance provider for timely settlement of claims,
• Segment reporting/branch performance reporting to the management,
• Ensure accurate and timely punching of revenue into the system by different reporting segments,
• Organize monthly/annual stock count at different operational locations,
• Identify and resolve the ERP issues relating to data entry and reports
• Complete knowledge of LC operations,
• Bank dealing, timely reconciliations regular review of banking facilities and ensure timely repayments,
• Follow up for collections and maintain adequate liquidity to support operations,
• Execute annual physical fixed asset count
• Document controller for various agreements/legal/financial
• Inter division reconciliation
• Reconciliation of customers account with their books

Plant MIS
• Inventory reporting
• Production reporting / validation
• Ensure periodic day to day accounting
• Ensure periodic MIS reporting to Corporate – daily / monthly / quarterly
• Adherence to budget and take corrective actions on negative deviations.
• Successful and timely completion of cost audit / internal audit as well as statutory audit
• Ensure physical stock taking is being done at regular intervals and deviations between system and physical stock is rectified
• Material transfer billing / procedures
• ERP implementation & maintenance in all the plants – leading to timely & accurate stock
• Reconciliation report / consumption report / stock evaluation report etc.
• Review, Streamline and implement policies and procedure relating to wastage disposal / overtime / inventory management / third party job work etc

Salary:
OMR 850 per month inclusive of fixed allowances.
Additional benefits: Family Status with Accommodation + Annual Air ticket + Statutory benefits

Requirements

• Qualified/part qualified CA / CA inter, ICWAI / MBA Finance from reputable recognized institution

Relevant Industry: Mining/Transport/Trading/Construction

• Smart presentable personality with strong interpersonal skills.
• English interpersonal communication skill are essential Ideal age range- 38-35 years.

Desired profile:
• Smart presentable personality with strong interpersonal skills.
• English interpersonal communication skill are essential Ideal age range- 38-35 years.

About the Company

Hamdan Trading Group is part of one of the largest corporate conglomerates from the Sultanate of Oman the Hamdan Group. The group commenced its business operations in the year 1975 and has mirrored the growth of the Sultanate of Oman and contributed significantly to the Omani economy.

Today the group has more than fourteen well organized and diversified business units each establishing a benchmark in its own field. Hamdan Trading Group consists of three core divisions of business of the Hamdan Group Viz; Transport, Heavy Construction and Dunlop Agency.

The Transport Division is one of the largest and oldest in the Sultanate having the most diverse fleet. The most challenging and complex logistics requirements have been fulfilled by the division and has been awarded ISO certification.

The construction Division is engaged in large scale Civil and Private construction activities across the Sultanate employing over 300 full time workers.The Dunlop agency of Hamdan Trading Group is the sole distributor of Dunlop Tires across the Sultanate of Oman and it has currently 12 branches strategically located for the convenience of the customer and many more branches are in the pipe-line to be opened soon.

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Finance Manager salaries in Oman

Average monthly compensation
OMR 2,200

Breakdown available for industries, cities and years of experience