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Job description / Role
Financial Accounting (General Ledger) Duties
- Supervise the execution of standard accounting functions such as; the preparation of statements, the posting to and reconciliation of accounts in the various ledgers, ensuring they are compliant with Company procedures.
- Custodian of the Chart of Accounts, Suggest modification to the Chart of Account as per business needs.
- Review all TB for all group companies to ensure that the accounting records reflect the true & fair financial position of the companies
- Perpetration of the Group Consolidated Financial Statements
- Ensure that financial statements are prepared in accordance with the International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) logic legal framework.
- Ensure timely submission of the reports relating to Accounts, Financials, Cost Accounts, Management Accounts, etc.
Accounts Payable (AP) Duties
- Overall in charge of the Accounts Payable Sections and assure payments are released in time within the policy and procedures of the Company.
- Ensure all disputes with suppliers are resolved in a timely manner
- Ensure proper controls are in place to prevent the loss of both company assets & it is reputations
Asset Management
- Ensure that the company’s assets have been properly accounted for in compliance with the international Accounting Standards and used in accordance with management authorization
- Ensure that the fixed asset register of the company is maintained up to date; take periodic measures to ensure that the information contained in the fixed assets is validated against physical presence of assets.
- Ensure that regulatory requirements (financial and accounting) and requirements of other agreements are compiled with properly and on a timely basis.
- Test the company assets for impairment as required by IAS-IFRS.
Taxation
- Ensure that the group companies (Omani entities) are in compliance with the rules and regulations issued by the Tax authority
- Adequate tax planning is established within the company.
- Prepare and file annual return of income tax (provisional and final) with the Secretarial General for Taxation to ensure compliance with local tax bylaws and statutes.
- Ensure that all other tax matters (requested by the Tax Authority) such as Tax assessment, special investigations, reporting, Minting-Updating Tax files and records etc are dealt with in a timely manner.
Requirements
Graduate / Postgraduate qualifications in Accounting / Commerce / Business studies with Professional qualification such as ACCA / ACA / CIMA / CPA / CWA With 14 years of post-qualification work experience handling similar functions in a reputed organization of which 05 years in a Managerial role.
About the Company
Oman Air, the flagship company of the Sultanate of Oman's Civil Aviation sector, commenced operations in 1993. Starting off as a regional player, Oman Air, as Oman's national carrier has witnessed rapid growth in the last 14 years. Oman Air has played a major role in making Muscat a major traffic hub in the Middle East providing a fillip to commercial, industrial and tourism activities.
As a full-fledged commercial airline of Oman, Oman Air has striven to maintain high performance standards in all aspects of its operation. The Oman International Services was established in the year 1970 & later Oman Aviation Services was founded on 1981 to extend services to the other airlines in terms of cargo handling, ground handling etc.
The Oman Air fleet consists of most modern and fuel- efficient aircraft with aesthetically designed interiors. Ultra- modern in-flight service equipment is deployed onboard to improve safety and overall performance. Investment in new technology, planning and product innovation has propelled Oman Air to the forefront of the aviation industry.