Send me more jobs like this

Head of Finance Control

Keywords / Skills : Finance, Financial Statements, IFRS, Taxation, Audit, Budget, Financial Analysis

7 - 14 years
Posted: 2019-03-05

Industry
Recruitment/Staffing/RPO
Function
Finance & Accounts
Role
Head / GM - Finance
Posted On
5th Mar 2019
Job Ref code
040319000063
Job Description

Job Description

JOB PURPOSE:

Manage the financial matters of the Bank

KEY ACCOUNT-ABILITIES:

Coordination with Audit

Liaison with External Auditors/Regulators including Tax, Central Bank of Oman, for audits and examinations to ensure that the requisite queries are satisfied

Financial Reporting

Preparation of Annual Financial Statements of the Bank in accordance with IFRS/IAS and monthly and quarterly reporting of financial data to Head Office. During this process it to be ensured that the quality of submission is maintained and the submission is timely.

Central Bank submissions

Preparation of Monthly and Quarterly Returns for Central Bank including Basel II Returns to ensure that the central banks gets this data in a timely manner

Budgeting

Preparation of Annual Budget of the Bank as per guidelines and in this regards interact with the business units (branches)

Financial Analysis

Analyze balance sheet and profit and loss accounts of the bank as well as individual units [branches/other units] against budgets as well as historical numbers to ensure that the branches get the accurate picture of their performance

Taxation

Preparation and filling of Tax returns to ensure that tax filing is done in timely and accurate manner
Asset Management & Expense Processing & Monitoring
Maintain Fixed asset register on assets and ensure that expense processing and monitoring (both capital expenditure and operating expenses) is carried out in an efficient manner and as per Banks approved processes and systems.
Control
Passing the expense accrual entries and supervision of the same

QUALIFICATIONS AND EXPERIENCE:

Minimum qualifications:

Bachelor in Finance

Minimum experience:

8 years of experience in finance.

JOB CONTEXT:

Should have good communication skills to liaise with the regulators, auditors and to communicate with the branch/unit heads.

Similar Jobs
View All Similar Jobs


Walkin for you