Finance Manager

Our client in retail apparel industry is looking to hire a Finance Manager for their company. The ideal candidate will ensure financial stability, implement strong internal controls, drive efficiency in operations, and provide accurate financial insights to support decision-making. This role requires a results-driven leader with expertise in retail and manufacturing finance, who can build a high-performing finance team aligned with the company’s long-term growth strategy.

Key Responsibilities:

1. Financial Leadership & Strategy

• Restructure, lead, and strengthen the Finance Department to align with organizational goals.
• Develop and implement financial policies, systems, and procedures to ensure effective financial management.
• Provide strategic recommendations to the Chairman, CEO, and MD based on sound financial analysis.
• Support long-term financial planning, capital allocation, and growth initiatives.

2. Financial Planning & Analysis

• Prepare and manage annual budgets, forecasts, and variance analysis.
• Conduct detailed financial analysis to monitor performance, identify risks, and recommend corrective measures.
• Provide timely MIS reports and dashboards for management decision-making.

3. Accounting & Compliance

• Oversee accounting operations including AP, AR, GL, payroll, and inventory accounting.
• Ensure compliance with Omani tax laws, VAT regulations, statutory reporting, and IFRS standards.
• Liaise with auditors, banks, and regulatory authorities.

4. Cash Flow & Treasury Management

• Manage working capital effectively to ensure liquidity for operational and expansion needs.
• Optimize cash flow, credit facilities, and banking relationships.
• Implement treasury controls and monitor foreign currency exposures (especially for imports from Japan, Korea, and China).

5. Risk Management & Internal Controls

• Establish robust internal controls across the finance and retail operations.
• Mitigate risks related to financial reporting, fraud, or operational inefficiencies.
• Implement ERP/financial systems for greater transparency and accuracy.

6. Team Development

• Build, mentor, and lead a competent finance team.
• Foster a culture of accountability, continuous improvement, and excellence.

Qualifications & Experience:

• Master’s degree in Finance, Accounting, or Business Administration (MBA preferred).
• Professional certification: ACCA / CPA / CMA / CFA (mandatory).
• Minimum 10–12 years’ progressive experience , with at least 5 years in a leadership role in retail, apparel manufacturing, or FMCG sector.
• Proven experience in restructuring and strengthening finance departments.
• Strong knowledge of IFRS, VAT, and Omani statutory requirements.
• Advanced ERP and MS Excel proficiency.

Key Competencies:

• Strategic financial planning and execution.
• Strong leadership and team-building skills.
• Analytical mindset with problem-solving capability.
• Excellent communication and negotiation skills.
• Integrity, transparency, and high ethical standards.
• Ability to work under pressure and meet tight deadlines.