Corporate Finance Accountant

Principal Accountabilities & Responsibilities:

• Supports the Corporate Controller in providing advice to the business, functions and various Finance teams on accounting (IFRS) and tax matters. Acts as integrator among different Finance Operations teams to ensure compliant treatment and reporting.
• Prepares the quarterly and annual local and statutory financial statements (Statement of Financial Position, Statement of Comprehensive Income and Statement of Changes in Equity). Ensures on-time and accurate financial statements are submitted externally.
• Prepares the annual corporate governance report and other reportorial requirements to the Board and Audit and Risk Committee (ARC) such as Related Party transactions and plan, Appointment of Auditors, and other relevant reporting as may be requested by the ARC/Board.
• Prepares and submits financial-related disclosures to Muscat Stock Exchange (MSX) on-time and accurately.
• Supports the month-end financial closing process for Shell Oman Marketing (SOM) by reviewing the Trial Balance and coordinating issue resolution if needed. Prepares analysis of Balance Sheet account reconciliation and coordinates corrections where needed.
• Responsible for ensuring relevant Group and Statutory financial governance frameworks and financial controls and policies are adequately complied with and operated effectively by all relevant teams (business, offshore and onshore teams). Ensures compliance to the SOM Corporate Manual of Authorities (MoA), and when needed, proposes updates to the MoA for consideration by the Board.
• Optimize cash flow and funding management by analyzing SOM’s working capital trends and forecasts, and by working closely with partner banks and relevant Finance Operations teams to minimize financing cost while ensuring healthy liquidity position by SOM. Supervise the daily cash flow forecasting, executes the monthly funding for working capital, corporate credit card process and bank guarantees issuance.
• Supports accurate and on-time submission of tax returns and subsequent payment of tax dues (collection of refunds in case of VAT refunds). The position prepares the withholding tax calculations, while coordinating with relevant Finance Operations teams for the annual income tax, VAT and Tax assessments.
• Prepares and monitors payment requests of government license fees, board sitting and remuneration and other Controller-related invoice payments.
• Leads the coordination of external and internal audit cycles. Ensures audit requirements are provided on-time to auditors.
• Leads continuous improvements, supports delivery of business-lead and compliance projects where accounting and reporting expertise is needed.

Additional details:

• The Corporate Finance Accountant is accountable for the first-time-right preparation of statutory financial statements, corporate governance report and other reporting requirements, both internal and external. To achieve this, the position has the critical task of ensuring the control framework is operated effectively by relevant teams on daily basis. This is a leadership role that integrates multiple stakeholders in Finance onshore, Finance offshore, business and several external parties.
• The Corporate Finance Accountant is accountable for delivery of tax and treasury functions and requires skill in stakeholder management among others.

Key Challenges:

The role requires accounting and tax technical expertise supported by several teams and experts in the Shell Group, the successful candidate needs to have the ability to bring together a wide range of different teams from different locations and competing priorities to meet deliverables under tight timelines.

The role will be expected to work effectively under pressure therefore the successful candidate will need to be resourceful, proactive and willing to take on different challenges.

The successful candidate needs to be strong in influencing, collaboration and role models ethical leadership.

Job Knowledge, Skills & Experience:

• Degree in Finance or Accounting and/or an MBA, along with a professional accounting certification (e.g., CPA, CIMA), and a minimum of 5 years of recent, relevant experience.
• Experience in audit or tax firms is preferred.
• Strong technical skills in accounting, corporate governance, tax and treasury.
• Proven record in meeting deadlines and in delivering results under pressure.
• Experience in working effectively in cross-cultural teams located in different countries that requires managing stakeholder virtually.
• Self-starter and able to work effectively with unstructured data.
• Proven record in delivery of process improvements or projects.
• Good communication and interpersonal skills.
• Experience using GSAP or similar accounting platforms is preferred.
• Excellent Excel and Power BI skills and preference for knowledge in excel automation.

Preference will be given to Omani nationals with strong Accounting / Finance background.

Kindly note that if you have not been contacted within 3 weeks from the closing date, your application is considered unsuccessful.