sales manager

senior accountant

finance and administration manager Jobs in Muscat

finance and administration manager

front office manager

accounting officer

finance manager

GLOBAL AXIS

Job Title: Finance ManagerCompany: Global Axis LLCLocation: OmanAs a Senior accountant the role would be crucial in overseeing the financial health of the business and ensuring that financial strategies align with the company's overall objectives.Job Description:As the Finance Manager, you will be responsible for managing and coordinating financial activities. Your primary focus will be to ensure the financial stability and growth of the company while adhering to group-wide financial policies and procedures.Key Responsibilities:- Making sure the company's money is handled correctly.- Handle all banking transactions such as visiting the bank for deposits, withdrawals, fund transfers, and other financial activities as required.- Maintain accurate records of all transactions and reconcile bank statements regularly to ensure accuracy and integrity of financial data.- Process incoming cheques by verifying details, ensuring funds availability, and depositing them into the company's bank account.- Monitor cheque clearances and follow up on any discrepancies or issues that may arise during the process.- Generate invoices, statements, and credit memos for customers in a timely manner.- Monitor accounts receivable aging reports, follow up on overdue payments, and coordinate with customers to resolve any payment issues.- Reconcile customer accounts, track payments, and update financial records accordingly.- Process vendor invoices, verify accuracy, and ensure timely payment to vendors.- Maintain vendor accounts, manage payment schedules, and address any discrepancies or billing errors.- Prepare and review accounts payable aging reports, manage cash flow projections, and optimize payment processes to maximize efficiency.- Implement a systematic reminder system to track payables and receivables, send notifications for upcoming due dates, and follow up on outstanding payments.- Monitor cash flow requirements, forecast liquidity needs, and communicate with internal stakeholders to ensure timely payments and collections.- Analyze payment patterns, identify trends, and propose strategies to optimize working capital management and improve financial performance- Safeguard company funds by following established cash handling procedures and maintaining strict internal controls.- Monitor cash transactions, reconcile cash accounts, and ensure accuracy in recording cash inflows and outflows. - Prepare cash flow forecasts, analyze variances, and report on cash balances to support informed decision-making.- Administer the petty cash fund, disburse funds for approved expenses, and maintain detailed records of all petty cash transactions.- Replenish the petty cash fund in a timely manner, reconcile petty cash accounts, and ensure that expenditures are properly documented and accounted for.- Implement controls to prevent misuse or fraud related to petty cash, conduct periodic audits, and report findings to management for review.- Collaborate with department heads to develop annual budgets, forecast financial performance, and allocate resources effectively to support strategic objectives.- Monitor budget variances, analyze performance against targets, and provide insights to guide decision-making and cost control measures.- Prepare budget reports, conduct budget reviews, and recommend adjustments to ensure alignment with organizational goals and financial sustainability.- Ensure compliance with tax laws and regulations by preparing and filing accurate tax returns.- Monitor changes in tax legislation, assess tax implications on business operations, and provide tax planning strategies to minimize tax liabilities.- Coordinate with external tax advisors, respond to tax inquiries from authorities, and participate in tax audits to ensure timely resolution of tax-related issues.- Lead the financial closing process by preparing financial statements, including the balance sheet, income statement, and cash flow statement, in accordance with accounting standards.- Conduct financial analysis, review financial performance metrics, and present financial reports to senior management for review and decision-making.Qualifications and Requirements:- Bachelor's degree in Finance, Accounting, or a related field. MBA or CPA/CMA qualification is a plus.- Proven experience as a Finance Manager or similar role in the manufacturing industry, preferably.- Strong knowledge of financial management principles, practices, and regulations.- Excellent analytical and problem-solving skills with attention to detail.- Ability to communicate complex financial information effectively to non-finance stakeholders.- Proficiency in financial software and advanced MS Excel skills.- Strong leadership and team management abilities.Additional Information:Age &ndash; 35 to 45 yearsSalary Range &ndash; 500 to 600 OMRPay: RO500.000 - RO600.000 per monthWork Location: In person

Senior accountant

Star Sky Enterprise

Our company is seeking a qualified and experienced Accounts Manager to join our team in Muscat, Oman. The ideal candidate should have a strong accounting background, excellent knowledge of financial management, and a minimum of 5 years of accounting experience in Oman.Key Responsibilities<ul><li>Manage day-to-day accounting operations.</li><li>Maintain accurate financial records and accounting entries.</li><li>Handle accounts receivable and accounts payable functions.</li><li>Monitor and follow up on customer collections and outstanding balances.</li><li>Perform bank reconciliations and maintain banking relationships.</li><li>Prepare monthly, quarterly, and annual financial reports.</li><li>Monitor cash flow and ensure proper fund management.</li><li>Process payments, invoices, and expense claims.</li><li>Coordinate with auditors and assist during audits.</li><li>Ensure compliance with Omani financial regulations and company policies.</li><li>Prepare management reports and financial analysis.</li><li>Support budgeting and financial planning activities.</li></ul>Requirements<ul><li>Bachelor's Degree in Accounting, Finance, or a related field.</li><li>Minimum 5 years of accounting experience in Oman.</li><li>Strong knowledge of accounting principles and financial reporting.</li><li>Experience with banking operations, reconciliations, receivables, and payables.</li><li>Proficiency in Microsoft Excel and accounting software.</li><li>Knowledge of Omani tax and regulatory requirements is preferred.</li><li>Strong analytical, organizational, and communication skills.</li><li>Ability to work independently and meet deadlines.</li></ul>Benefits<ul><li>Competitive salary of OMR 400 per month.</li><li>Professional and supportive work environment.</li><li>Opportunity for career growth and development.</li></ul>Only shortlisted candidates will be contacted.Pay: From RO400.000 per monthExperience:<ul><li> Oman accounting: 3 years (Required)</li></ul>Work Location: In person

Accounts Manager

AJYAL HR Solutions & Services

<div>
 
 
 Job Summary:
 
 The Finance Principal serves as a critical control and value protection function, acting as the backbone of financial discipline, governance, risk management, and strategic decision support within IGC. The role provides independent financial oversight, strengthens accountability and controls, and supports executive decision making to drive sustainable value creation.
 
 
 
 
 
 
 Tasks and Responsibilities:
 
 
 <ul>
 <li>
 Lead financial governance, internal controls, risk management, and compliance frameworks across the organisation.
 </li>
 <li>
 Evaluate and oversee complex commercial agreements, pricing structures, and contractual risk exposures to protect and enhance business value.
 </li>
 <li>
 Act as a strategic finance partner to the CFO, CEO, and Board, providing financial insights, challenge, and decision support.
 </li>
 <li>
 Drive finance transformation initiatives, including reporting excellence, process optimisation, ERP systems, and performance management.
 </li>
 <li>
 Lead, develop, and mentor high-performing finance teams, fostering a culture of accountability, continuous improvement, and operational excellence.
 </li>
 <li>
 Manage key relationships with shareholders, regulators, auditors, government entities, and executive stakeholders, ensuring effective communication and governance at all levels.
 </li>
 <li>
 Strong expertise in treasury, liquidity, funding, and cash flow management.
 </li>
 <li>
 Proven experience in enterprise risk management, hedging, and FX/interest rate risk management.
 </li>
 <li>
 Advanced financial modelling, valuation, and commercial analysis capabilities.
 </li>
 <li>
 Extensive experience in budgeting, forecasting, and long-term financial planning.
 </li>
 <li>
 Strong track record in performance management, KPI development, and driving value creation through data-driven decision-making.
 </li>
 </ul>
 
 
 
 
 
 
 
 
 Qualifications and Experience:
 
 
 <ul>
 <li>
 Minimum Bachelor's Degree in Accounting, Finance, Business Administration, or related discipline.
 </li>
 <li>
 Professional certifications preferred: ACCA (or equivalent: CPA / CFA preferred)
 </li>
 <li>
 Minimum 10-15 years of progressive experience in finance, with at least 5 years in a senior/lead role.
 </li>
 <li>
 Experience in energy, utilities, infrastructure, or commodity-based sectors is highly preferred.
 </li>
 </ul>
 
 
 
 
 
 Note: We thank all applicants for their interest, however only those candidates who are shortlisted will be contacted
 
 
</div>

Finance Principal

ITHR Technologies Consulting LLC

<div>
 ITHR Technologies Consulting LLC
 
 
 
 Job Description
 
 
 
 SAP FICO Consultant &ndash; Joint Venture Accounting (JVA)
 
 
 Job Title SAP FICO Consultant &ndash; Joint Venture Accounting (JVA)
 
 
 Experience Required 10+ Years (SAP FICO); minimum 5+ years in SAP JVA
 
 
 Employment Type Full-Time / Contract (Project-Based)
 
 
 Location Oman
 
 
 Industry Focus Oil &amp; Gas, Energy, Utilities, Infrastructure, or related Joint Venture sectors
 
 
 SAP Version SAP ECC 6.0 / SAP S/4HANA
 
 
 Reporting To SAP Practice Lead / Project Manager
 
 
 
 Role Summary
 
 
 
 We are seeking an experienced SAP FICO Consultant with deep specialisation in Joint Venture Accounting (JVA) to join our growing SAP practice. The successful candidate will be responsible for end-to-end configuration, implementation, and support of the SAP JVA module integrated within the FICO landscape. This role requires strong business process knowledge of joint venture structures, venture partner billing, carried-interest calculations, overhead distribution, and cutback processing &mdash; primarily within the Oil &amp; Gas, Energy, or Infrastructure sectors.
 
 
 The consultant will work closely with client finance teams, project managers, and technical architects to deliver high-quality SAP solutions that align with joint venture agreements and regulatory requirements applicable in the UAE and broader GCC region.
 
 
 
 Key Responsibilities
 
 
 
 JVA Configuration &amp; Implementation
 
 
 Lead end-to-end design, configuration, and deployment of SAP Joint Venture Accounting (JVA) module
 
 
 Configure Venture Masters, Equity Groups, Equity Types, and Business Associates
 
 
 Set up JVA cutback processing rules, overhead netting, and partner billing cycles
 
 
 Configure carried-interest (CI) and working-interest (WI) structures and apply to cost/revenue distribution
 
 
 Integrate JVA with FI (General Ledger), CO (Controlling), AM (Asset Management), and PS (Project Systems)
 
 
 Configure suspense account management and JVA-specific document splitting for partner-level reporting
 
 
 Finance &amp; Controlling (FICO) Core
 
 
 Design and configure SAP General Ledger (New GL) including document splitting, profit centre accounting, and parallel ledgers
 
 
 Handle Accounts Payable (AP) and Accounts Receivable (AR) configuration, payment terms, and dunning procedures
 
 
 Configure Asset Accounting (AA) including depreciation areas, asset classes, and integration with JVA for joint-asset cost allocation
 
 
 Support Cost Centre Accounting (CCA), Internal Orders, Profit Centre Accounting (PCA), and Product Costing as they intersect with JVA
 
 
 Manage intercompany and intra-company JVA settlement and reconciliation processes
 
 
 Project Delivery &amp; Stakeholder Management
 
 
 Conduct business process workshops, gather requirements, and produce Functional Specification Documents (FSDs) and Business Blueprint documentation
 
 
 Perform gap analysis between client requirements and standard SAP JVA functionality; propose fit/gap solutions
 
 
 Lead unit testing, integration testing (SIT), and user acceptance testing (UAT) for JVA and FICO components
 
 
 Develop and review test scripts, test cases, and defect resolution trackers
 
 
 Manage and guide junior consultants and functional analysts on the JVA workstream
 
 
 Conduct end-user training and prepare training materials, SOPs, and user manuals
 
 
 Support &amp; Operations
 
 
 Provide post-go-live hypercare support; resolve P1/P2 incidents within defined SLA timelines
 
 
 Manage period-end and year-end closing activities specific to JVA (cutback runs, JV billing, partner statements)
 
 
 Liaise with SAP technical teams (ABAP developers) for custom enhancements, BADIs, and user exits in JVA
 
 
 Prepare functional specifications for interfaces, reports, forms, and conversions (RICEFW) related to JVA
 
 
 Support data migration activities for open JVA items, venture master data, and equity group definitions
 
 
 
 Required Qualifications &amp; Experience
 
 
 
 Education
 
 
 Bachelor's degree or higher in Finance, Accounting, Information Technology, Engineering, or a related field
 
 
 Professional certifications in Finance (CA, CPA, CMA, ACCA) are an advantage
 
 
 SAP FICO or SAP S/4HANA Finance certification preferred
 
 
 
 Experience
 
 
 
 10+ years of total SAP FICO consulting experience, with a minimum of 5 years focused on SAP JVA implementation
 
 
 At least 3 full-cycle SAP JVA implementations from Blueprint/Explore through to Go-Live
 
 
 Proven experience in the Oil &amp; Gas, Energy, or Infrastructure sector where joint ventures are central to business operations
 
 
 Hands-on experience with SAP ECC 6.0 and/or SAP S/4HANA (1909 or later)
 
 
 Experience working on projects in the UAE, GCC, or MENA region is strongly preferred
 
 
 
 Technical Skills &amp; Sap Module Knowledge
 
 
 
 Core SAP Competency Proficiency Level
 
 
 SAP JVA (Joint Venture Accounting) Expert &ndash; 5+ years
 
 
 SAP FI &ndash; General Ledger, AR, AP, AA Expert &ndash; 10+ years
 
 
 SAP CO &ndash; CCA, IO, PCA, Product Costing Advanced &ndash; 7+ years
 
 
 SAP PS (Project Systems) &ndash; JVA integration Intermediate to Advanced
 
 
 SAP S/4HANA Finance (New Asset Accounting, New GL) Advanced
 
 
 SAP PM (Plant Maintenance) integration with JVA Intermediate (preferred)
 
 
 SAP IS-Oil &amp; Gas (PRA / JVA IS-OIL) Preferred &ndash; experience is a strong advantage
 
 
 RICEFW &ndash; Functional Specifications Advanced
 
 
 Data Migration (LSMW, BAPI, S/4 migration tools) Intermediate
 
 
 KEY JVA FUNCTIONAL KNOWLEDGE AREAS
 
 
 Venture Master setup: Equity Groups, Equity Types, Business Associates, Suspense Groups
 
 
 JVA Cutback: understanding of cutback postings, carry-forward rules, and net postings to venture partners
 
 
 Partner Billing: Inter-partner JV billing, partner statements, and billing verification
 
 
 Carried-Interest (CI) and Working-Interest (WI) structures and their impact on cost allocation
 
 
 JV Cash Call processing and settlement against advance payments
 
 
 Overhead and indirect cost distribution rules within JVA ventures
 
 
 Tax handling for non-operator and operator scenarios in joint venture structures
 
 
 Statutory reporting for JV entities in the UAE / GCC context (VAT treatment, inter-venture invoicing)
 
 
 SAP JVA Period-End activities: monthly cutback, partner billing runs, JV reconciliation reports
 
 
 Integration with SAP FI-CO, AM, PM, and PS modules within a joint venture context
 
 
 
 Soft Skills &amp; Behavioural Competencies
 
 
 
 Strong analytical mindset with the ability to map complex JV business processes to SAP solutions
 
 
 Excellent communication and presentation skills; able to articulate technical solutions to finance and business stakeholders
 
 
 Structured documentation skills &ndash; capable of producing high-quality blueprints, FSDs, and training content
 
 
 Collaborative team player with experience leading cross-functional project teams
 
 
 Self-driven and able to manage time and deliverables with minimal supervision
 
 
 Comfortable operating in a fast-paced, client-facing consulting environment
 
 
 Cross-cultural awareness and experience working in multinational project teams
 
 
 
 What We Offer
 
 
 
 Competitive compensation package aligned to UAE market rates (Tax-free salary)
 
 
 Opportunity to work on marquee SAP implementation and support projects across the UAE and GCC
 
 
 Exposure to complex, high-value joint venture environments in the Oil &amp; Gas and Infrastructure sectors
 
 
 Career growth within a specialized SAP consulting firm with a strong regional client base
 
 
 Collaborative and professional work culture with access to SAP training and certification support
 
 
 UAE visa sponsorship and relocation support for the right candidate
 
 
 How to Apply
 
 
 Interested candidates are invited to share their updated CV along with a brief cover note highlighting their JVA implementation experience.
 
 
 Please send your application to: careers@ithrtechnologies.com
 
 
 Subject Line: SAP FICO JVA Consultant Application &ndash; [Your Name]
 
 
 ITHR Technologies Consulting LLC | UAE | www.ithrtechnologies.com
 
 
 This Job Description is confidential and intended for recruitment purposes only.
</div>

SAP JVA Consultant

Deloitte

<div>
 
 Tax | Business Tax &ndash; Manager
 
 
 
 When you work for us, you commit to a career at one of the largest and most prestigious professional services firms in the world. Looking for a rewarding career? Take a closer look at Deloitte &amp; Touche ME. It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training &amp; Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).
 
 
 Our region encompasses diverse tax laws and is part of what makes a career in tax with Deloitte &amp; Touche Middle East a truly stimulating experience. With many corporations operating across several borders, your knowledge of tax will be key to making sure our clients stay on the right side of tax laws and minimize their tax costs. Your people skills will also be engaged as you form a close working relationship with clients, while your technical knowledge will be stretched as you develop expertise across the board in consulting, business, finance and law to craft commercially sound solutions. As you gain experience, you will do so with the full support of a firm that believes in helping you grow and providing you with the skills to succeed.
 
 
 
 Our Purpose
 
 
 
 Deloitte makes an impact that matters. Every day we challenge ourselves to do what matters most&mdash;for clients, for our people, and for society. We serve clients distinctively, bringing innovative insights, solving complex challenges and unlocking sustainable growth. We inspire our talented professionals to deliver outstanding value to clients, providing an exceptional career experience and an inclusive and collaborative culture. We contribute to society, building confidence and trust in the markets, upholding the integrity of organizations and supporting our communities.
 
 
 Our shared values guide the way we behave to make a positive, enduring impact:
 
 
 <ul>
 <li>
 Lead the way
 </li>
 <li>
 Serve with integrity
 </li>
 <li>
 Take care of each other
 </li>
 <li>
 Foster inclusion
 </li>
 <li>
 Collaborate for measurable impact
 
 
 </li>
 </ul>
 As a Business Tax Manager at Deloitte, you will lead a team in providing comprehensive tax advisory and compliance services to our clients. You will play a crucial role in managing client relationships, delivering exceptional client service, and leading projects to ensure tax compliance and optimize tax strategies. This position offers an exciting opportunity to work with a broad client base in various industries and a chance to contribute to a dynamic and growing tax practice.
 
 
 
 Key Responsibilities
 
 
 
 
 Client Engagement and Relationship Management:
 
 
 
 <ul>
 <li>
 Develop and maintain strong relationships with clients, understanding their needs, and provide tailored tax solutions.
 </li>
 <li>
 Lead client meetings and facilitate discussions to deliver valuable tax insights and strategies.
 
 
 </li>
 </ul>
 
 Tax Compliance And Advisory
 
 
 
 <ul>
 <li>
 Oversee the preparation and review of complex corporate tax returns to ensure compliance with local and international tax laws.
 </li>
 <li>
 Provide expert advice on a broad range of tax issues, including corporate tax advisory, restructuring, and mergers &amp; acquisitions.
 
 
 </li>
 </ul>
 
 Research And Analysis
 
 
 
 <ul>
 <li>
 Stay abreast of developments in local and international tax legislation and assess their impact on client businesses.
 </li>
 <li>
 Analyze complex tax regulations to identify opportunities for tax planning and risk mitigation.
 
 
 </li>
 </ul>
 
 Leadership Capabilities
 
 
 
 <ul>
 <li>
 Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make
 </li>
 <li>
 Develops high-performing people and teams through challenging and meaningful opportunities
 </li>
 <li>
 Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders
 </li>
 <li>
 Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
 </li>
 <li>
 Understands key objectives for clients and Deloitte, aligns people to objectives and sets priorities and direction
 
 
 </li>
 </ul>
 
 Qualifications
 
 
 
 <ul>
 <li>
 Qualified Accountant (CA, ACCA, ADIT, CPA etc.)
 </li>
 <li>
 6+ years of general tax experience, preferably with at least five years focused on international, regional and national taxation.
 </li>
 <li>
 Experience with a Big 4 firm, law firm, or large corporate tax department of a multinational company is required.
 </li>
 <li>
 In-depth, first-hand experience of a wide range of industries
 </li>
 <li>
 Significant experience in corporate tax, including advisory and compliance.
 </li>
 <li>
 Excellent research skills and strong written and verbal communications skills.
 </li>
 <li>
 Fluent in English (Reading, Speaking and Writing). Preference will be given to Bilingual candidates (Arabic/English)
 </li>
 <li>
 In-depth knowledge of tax and business laws and regulations.
 </li>
 <li>
 Excellent project management and presentation skills required.
 </li>
 <li>
 Prior supervisory experience required.
 </li>
 <li>
 Prior work experience and knowledge of Oman taxation will be an added advantage.
 </li>
 </ul>
</div>

Manager / Senior Manager | Tax & Legal | Business Tax | Oman

Acciona- Qatar

Acciona-Sogex is recruiting on behalf of a prestigious client for an experienced Head of Business Development &amp; Research based in Muscat, Oman.This is an exciting opportunity for a senior investment professional to lead strategic business development, investment research, and portfolio management initiatives within a dynamic investment environment. The successful candidate will be responsible for driving investment strategies, overseeing portfolio performance, identifying growth opportunities, and leading a high-performing team. The role is based in Muscat and offers the opportunity to contribute to the long-term success of a well-established organisation.<h3>Key Responsibilities</h3><ul><li>Lead the Business Development &amp; Research function and provide strategic direction.</li><li>Oversee investment research, financial modelling, and equity valuation activities.</li><li>Monitor and evaluate portfolio performance, providing strategic recommendations to senior leadership.</li><li>Identify business growth opportunities and support investment decision-making.</li><li>Conduct financial, commercial, and market analysis to support strategic initiatives.</li><li>Develop executive reports, presentations, and investment recommendations.</li><li>Build and maintain relationships with internal and external stakeholders.</li><li>Lead, mentor, and develop a team of investment and research professionals.</li></ul><h3>Requirements</h3><ul><li>Bachelor's Degree in Finance, Business Administration, Economics, Investment Management, or a related discipline (Master's degree or MBA is an advantage).</li><li>Minimum 15 years of relevant experience in investment management, corporate finance, private equity, sovereign wealth funds, asset management, or strategic investment.</li><li>Proven experience leading business development, investment research, and portfolio management functions.</li><li>Strong expertise in financial modelling, investment analysis, company valuation, and portfolio performance management.</li><li>Demonstrated leadership experience managing multidisciplinary teams and senior stakeholders.</li><li>Excellent commercial acumen with the ability to identify and evaluate investment opportunities.</li><li>Strong analytical, problem-solving, and decision-making skills.</li><li>Advanced proficiency in Microsoft Office, particularly Excel and PowerPoint; experience with Bloomberg or similar financial platforms is highly desirable.</li><li>Excellent written and verbal communication skills in English; Arabic language skills are advantageous.</li></ul><h3>What's on Offer</h3><ul><li>Competitive salary and benefits package.</li><li>Opportunity to work with a prestigious organisation on strategic investment initiatives.</li><li>Long-term career development opportunities.</li><li>Collaborative and professional working environment.</li><li>Exposure to high-profile investment and business development projects.</li></ul>

Head of Business Development & Research

QNB Group

<div>
 
 About QNB
 
 
 
 Established in 1964 as the country&rsquo;s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
 
 
 QNB Group&rsquo;s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
 
 
 QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard &amp; Poor&rsquo;s (A), Moody&rsquo;s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
 
 
 Based on the Group&rsquo;s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
 
 
 QNB Group has an active community support program and sponsors various social, educational and sporting events.
 
 
 
 Job Purpose Summary
 
 
 
 The incumbent will be responsible for assisting the management of the process of credit approval on individual credit facility proposals for Corporate and Retail customers (only those retail proposals that fall outside applicable policy parameters), forwarded to them by the appropriate departments/ units. The incumbent will assess the quality of the credit exposure sought to be undertaken and adherence to established policies and procedures. The incumbent will constantly research and seek to apply best practices in credit risk, in accordance with Basel II and other relevant guidelines.
 
 
 Main Duties
 
 
 <ul>
 <li>
 Perform activities within the assigned Credit Risk Strategy that reflects the Group&rsquo;s tolerance for risk and the level of profitability the Group expects to achieve for incurring various credit risks.
 </li>
 <li>
 Ensure the use of a standardized process for evaluating credit proposals ensuring that all approved credits are within QNB&rsquo;s Credit Risk Strategy.
 </li>
 <li>
 Assist the SVP of Risk in creating Key Performance Indicators (KPIs) for the department and monitor their achievement on periodic basis
 </li>
 <li>
 Act within the limits of the powers delegated to the incumbent and delegate authority to the respective staff and monitor same.
 </li>
 <li>
 Implements KPI&rsquo;s and best practices for role
 </li>
 <li>
 Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.
 </li>
 <li>
 Demonstrate clear understanding of the important factors behind the bank's financial &amp; non-financial performance.
 
 
 </li>
 </ul>
 Education/Skills
 
 
 <ul>
 <li>
 University graduate (Bachelor&rsquo;s degree) preferably with a Major in Finance, Banking, Economics, Mathematics, or Business Administration (related field of study), Masters preferred.
 </li>
 <li>
 Professional certification such as PRM, CPA, CFA is preferred.
 </li>
 <li>
 Sound typically a Minimum of 8 years&rsquo; experience in a major bank of which at least 2 years in bank in a supervisory capacity in risk function.
 </li>
 <li>
 Excellent oral and numerical and written communication skills in English and Arabic (preferred).
 </li>
 <li>
 Knowledge of Basel II Accord, with particular emphasis on credit-related issues and credit modelling methodologies.
 </li>
 <li>
 Excellent quantitative modelling, analytical, and research skills.
 </li>
 <li>
 Experience in working with large and complex data sets. Knowledge of financial markets and products.
 </li>
 <li>
 Proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements.
 </li>
 <li>
 In-depth understanding of credit risk methodologies (KMV, Credit / Metrics, etc.), interest rate modelling [short rate models, HJM, BGM, etc.], VAR, and/or other complex financial risk modelling highly desirable.
 </li>
 <li>
 Adequate knowledge of IT systems/ applications.
 </li>
 <li>
 Self-motivated, eye for detail with ability to work with others and lead teams from diverse cultural backgrounds.
 
 
 </li>
 </ul>
 Note: you will be required to attach the following:
 
 
 <ul>
 <li>
 Resume/CV
 </li>
 <li>
 Copy of your Passport
 </li>
 <li>
 Copy of Education Certificate
 </li>
 </ul>
</div>

QNB3641 - Senior Manager - Credit Risk (Omanization)

Explore 40+ Finance manager in Muscat this July. Find roles across top companies and apply now to boost your career.