We’re Hiring: Finance & Accounts Executive
Company: Al Makhir | Group Operations
Location: Muscat, Sultanate of Oman
Employment Type: Full-Time
Department: Finance & Accounting
Experience: 5+ years (minimum)
About the Role:
We are seeking a detail-oriented, analytical, and experienced Finance & Accounts Executive to manage day-to-day accounting operations, financial reporting, cost control, and management information systems (MIS).
The successful candidate will play a key role in establishing financial systems and controls for our new manufacturing operations while supporting financial management across the group’s businesses.
We are looking for someone who goes beyond traditional bookkeeping and can provide meaningful financial insights to support management decisions, profitability, and business growth.
Key Responsibilities:
1. Accounting & Bookkeeping
- Manage daily accounting transactions, journal entries, general ledger, and bank reconciliations.
- Maintain accounts payable and receivable.
- Process supplier invoices, payments, receipts, and expense claims.
- Maintain accurate accounting records across multiple business entities.
- Perform monthly and annual account closing procedures.
2. Financial Reporting & MIS
- Prepare monthly, quarterly, and annual financial statements.
- Prepare Profit & Loss Statements, Balance Sheets, and Cash Flow Statements.
- Develop monthly Management Information System (MIS) reports and dashboards.
- Prepare departmental and business-unit profitability reports.
- Analyze financial performance and provide recommendations to management.
- Prepare financial reports for banks, investors, and other stakeholders.
3. Manufacturing & Inventory Accounting
- Calculate product costs, including raw materials, packaging, labor, and manufacturing overheads.
- Monitor inventory valuation, stock adjustments, wastage, and production costs.
- Prepare SKU-wise product costing and profitability reports.
- Work closely with Production, Procurement, and Warehouse teams to ensure accurate inventory records.
- Analyze manufacturing efficiency, cost variances, and gross profit margins.
4. Budgeting & Financial Planning
- Prepare annual operating budgets and financial forecasts.
- Monitor actual expenditure against approved budgets.
- Prepare cash flow projections and working capital reports.
- Identify opportunities for cost reduction and profitability improvement.
- Support management with financial feasibility studies and investment evaluations.
5. Taxation, Compliance & Audit
- Prepare VAT calculations, returns, and reconciliations in accordance with applicable Omani regulations.
- Assist with corporate income tax compliance and reporting.
- Coordinate with external auditors and tax consultants.
- Maintain financial records and supporting documentation in accordance with applicable accounting standards.
- Support internal financial controls and regulatory compliance.
6. ERP & Financial Systems
- Assist in implementing and managing accounting and ERP software.
- Establish proper accounting procedures, approval workflows, and reporting structures.
- Maintain accurate integration between purchasing, inventory, production, sales, and finance.
- Improve reporting efficiency through automation and Excel-based dashboards.
Qualifications & Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum 3–5 years of relevant accounting and finance experience.
- Experience in manufacturing, FMCG, trading, or multi-company operations is highly preferred.
- Strong knowledge of financial statements, bookkeeping, budgeting, and management reporting.
- Good understanding of Oman VAT, taxation, and financial compliance requirements.
- Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and financial analysis.
- Experience with accounting or ERP systems such as Odoo, SAP, Oracle, Zoho Books, or Tally.
- Knowledge of inventory accounting, product costing, and financial controls.
- Strong analytical, organizational, and problem-solving skills.
- Ability to work independently and meet reporting deadlines.
- Good written and verbal communication skills in English; Arabic is an advantage.
- Professional certifications such as ACCA, CMA, or CPA are an advantage.
What We’re Looking For:
We are particularly interested in candidates who can:
- Independently manage the complete accounting cycle.
- Build financial reporting systems from the ground up.
- Produce accurate monthly financial statements and MIS reports.
- Understand manufacturing costs and product profitability.
- Identify financial inefficiencies and recommend improvements.
- Work directly with senior management and support strategic decisions.
- Manage financial information across multiple business units with accuracy and confidentiality.
Why Join Us?
Join a growing business group with activities in manufacturing, retail, marketing, and distribution. This position offers the opportunity to establish financial systems, contribute to business expansion, and grow into a senior finance role.
To Apply: Submit your updated CV through LinkedIn, highlighting your accounting, financial reporting, MIS, ERP, and manufacturing-costing experience.
