Manager Financial Accounting & Tax

Job title

Grade

Stream

Finance & Procurement

Function

Finance - Financial Control

Location

Oman - HO

Budget control

*OPEX and/or CAPEX and/or Revenue amount as relevant*

Reporting to

Head of Financial Control

Direct reports

Expert GL Operation
Sr. Specialist Financial Accounting
Specialist Financial Accounting
Sr Specialist, Tax
Officer GL Operation
Officer Financial Control

Job purpose

Leads, plans, and organizes Financial Accounting, General Ledger, consolidation, statutory reporting, and tax activities for OQEP under the scope of the Head of Financial Control. The role ensures the integrity of the General Ledger, accurate financial reporting, compliance with international and local accounting standards, effective consolidation processes, and robust tax governance across all entities. The role provides technical accounting leadership, oversees tax compliance and reporting, and ensures consistent application of accounting and tax policies to support the financial integrity and regulatory compliance of the Company.

The position will act in accordance with the OQEP’s Mission, Vision, Values & Strategies, as well as, policies, guidelines, and international standards, supported by an IT Technology platform, QHSE & Energy Management System requirements standards, Omani’s government & other legal justifications, and best international practices in consonance with national objectives.

Main tasks and responsibilities

Financial Accounting, General Ledger & Close:

Own the General Ledger structure, integrity, and governance, ensuring accuracy, completeness, and consistency across all legal entities
Oversee period-end General Ledger close activities, including review and approval of journals, accruals, reclassifications, and adjustments
Ensure timely and accurate month-end, quarter-end, and year-end close at GL and consolidated levels
Review and approve intercompany accounting entries and ensure timely reconciliation of intercompany balances
Ensure alignment between sub-ledgers and the General Ledger, working closely with Manager Accounting Operations
Own the integrity, structure, and governance of General Ledger records, ensuring completeness, accuracy, and consistency across all legal entities
Review and approve GL-level journal entries, accruals, reclassifications, and adjustments with material financial impact
Ensure timely and accurate GL-level close as the foundation for consolidation, statutory reporting, and tax
Own the HQ/corporate G&A allocation policy and methodology (scope, drivers, frequency, thresholds, treatment)
Approve allocation rules/logic and ensure alignment with IFRS, reporting, and management views
Review and approve material allocation journals and key estimates/adjustments

Reconciliations and Intercompany:

Manage and govern General Ledger and intercompany reconciliations, ensuring timely resolution of reconciling items and appropriate accounting treatment
Review aged and complex intercompany balances, challenge root causes, and ensure corrective actions are implemented in coordination with Accounting Operations
Ensure intercompany accounting is compliant with accounting standards and aligned with consolidation requirements
Acts as the escalation and approval point for complex or disputed intercompany balances and accounting treatments

Consolidation, Reporting & Structural Change Projects:

Lead consolidation of financial results across all entities, ensuring accurate elimination, translation, and reporting
Establish and maintain consolidated close calendars, procedures, and controls
Manage the preparation of consolidated financial statements, including balance sheet, income statement, and cash flow statements
Ensure governance over legal entity hierarchies and consolidation structures within reporting systems
Support and lead close, consolidation, and reporting workstreams related to acquisitions, divestitures, restructurings, and other corporate transactions
Ensure appropriate accounting treatment, GL structure changes, consolidation logic, and disclosure impacts are identified and implemented
Coordinate with CP&P, Legal, Tax, and external advisors to ensure seamless financial integration or separation

Accounting Standards & Technical Accounting:

Lead the application and interpretation of IFRS and applicable local GAAP across all entities
Maintain and oversee the Company’s Accounting Policy Manual and Chart of Accounts governance
Review non-standard and complex accounting treatments and provide technical guidance to Accounting Operations and Business Finance teams
Lead and approve non-standard, complex, and judgmental accounting treatments, including those related to asset transactions, impairments, provisions, and unusual commercial arrangements.
Provide technical accounting guidance to Accounting Operations and Business Finance teams to ensure consistent application of accounting standards and policies
Approve capitalization, impairment, and decommissioning accounting treatments and related judgments in line with approved accounting policies

Statutory, Government & External Reporting:

Oversee preparation and review of statutory and government financial reports derived from the General Ledger
Ensure compliance with regulatory reporting requirements applicable to Upstream E&P
Act as the primary technical accounting interface with external auditors on GL, consolidation, and reporting matters
Coordinate responses to accounting- and reporting-related audit findings, including technical position papers and remediation actions

Tax Governance, Compliance & Reporting:

Oversee corporate income tax, withholding tax, VAT, and other applicable tax compliance activities
Ensure tax accounting entries, provisions, and disclosures are accurately reflected in the General Ledger
Review tax accruals and reconciliations and ensure consistency between tax records and financial statements
Own preparation and technical review of tax computations, returns, and audit support packs prior to submission to tax authorities

Controls, Audit & Compliance:

Ensure General Ledger and financial accounting processes comply with internal controls, accounting policies, and regulatory requirements
Support internal and external audits by providing GL-level analysis, reconciliations, and technical accounting support
Track and support remediation of audit findings related to General Ledger, accounting, and tax matters
Coordinate with ERM&BC on control assessments, deficiencies, and remediation related to accounting and tax processes

Key interactions

Internal: Head of Financial Control, Manager Accounting Operations, Corporate Planning & Performance, Business Finance (Operated & Non-Operated Assets), Treasury & Insurance, Enterprise Risk Management and Business Continuity.

External: Staffing specialized Contractors, Vendors & Suppliers, Tax Authorities, External Auditors.

Notable Working Conditions. Office environment, intensive computer screen use, sporadic visits to operation site.

Education Requirements

Bachelor’s degree in accounting, Finance, or related discipline.
Professional certifications such as CPA, CMA, ACCA, or CTA are preferred.
A master’s degree is an advantage

Language

Excellent knowledge of written, read, and spoken English (required)

Background and experience

Competencies and skills

Minimum 8+ years’ experience in financial accounting, consolidation, and tax roles within large, complex organizations.
Strong experience in IFRS, consolidation, and statutory reporting.
Proven experience overseeing corporate income tax and indirect tax compliance.
Experience in oil & gas or energy sector, preferably upstream.

Experience working with complex multi-entity and multinational structures.

Soft:

Strong leadership and people management skills
Analytical and structured problem-solving abilities
High attention to detail and quality
Ability to manage multiple deadlines and priorities
Clear and confident communication with senior stakeholders

Technical:

Financial accounting and consolidation
IFRS and local GAAP
Statutory and government reporting
Corporate and indirect tax governance
ERP systems (e.g. SAP), intercompany and FX accounting

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