Job Position: Chief Financial Officer – CA – Banking
Job Description: Oman – Job Description : Objectives of the role : – To provide a Financial Report and controls based on an accounting system that meets International Financial Reporting Standards and complies with the National Audit and Oman Central Bank requirements, enabling Bank to monitor and analyse its performance to identify and plan for improvements. Additionally, to provide effective and efficient processing support and control of Bank’s Treasury operations. Snapshot : Position Title: Chief Financial Officer Division / Group: Finance Department / Region: Finance Direct report to: Chief Executive Officer Directly reported to by : Financial Planning/ MIS – Accounting Control – Treasury Settlements – Financial system Business Analyst Division / Group Head: Chief Financial Officer Total no staff controlled: 19 Key responsibilities : – Develops the Bank strategic business plan in conjunction with higher management, ensuring that sub-plans are cascaded across the Bank, monitoring their effectiveness and ensuring alignment with overall Bank strategic goals. – Identifies the key areas for management focus and any discrepancies in the Bank budget and standards and provides financial analysis and monthly comments on Bank focus and discrepancies for higher management. – Develops comparison methodologies to evaluate the Bank performance against other leading banks. – Ensures Bank has an appropriate accounting treatment and monitoring system, that permitsbusiness development while protecting profitability, and ensuring that all regulatory requirements are met. – Ensures Bank has clear accounting policies in line with GAAP that provides an accurate picture of Bank performance. – Plans and supervises the external audit process and finalises Bank financial statements, where appropriate, negotiating the most favourable accounting treatment. – Ensures that Bank products comply with national laws and in line with the IFRS accounting treatment. – Ensuresan…see more details
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