Manager - Finance Projects & Controls

Job Description
Job Title: Manager - Finance Projects and Controls
Department: Finance
Reporting to: Head of Reporting & Business Planning

Main Role (Overall accountability):
Responsible for:

GL monitoring, controls, substantiation and reconciliation
Compliance with Oman VAT Law
Finance Project support role
Finance strategy enabler
Others

Principal Accountabilities:
o Support in the implementation of Projects, Automations and Process enhancements under the finance department domain
o Act as single point of contact for Strategic initiatives related to finance department and as an enabler for supporting the initiatives of other departments of the bank
o Ensure accounting policies and procedures are fully documented and updater
o Monitoring Banks General ledger,Substantiation,Reconciliation and controls over balances and GL parameterization. This will include among other things balance proofing, overdue analysis ageing, cleanup of balances,documentation, follow up and issue resolution, system parametrization review and control, presentation deck preparation etc.
o Ensuring timely and accurate circulation of internal MIS decks on Other assets, Other Liabilities, routing accounts, control and suspense accounts
o Address and resolve queries from auditors, management and other business departments.

Provide support for preparation of statutory accounts and interim accounts
VAT compliance
Comply with the regulatory requirements related to the VAT law, such as:
Preparation of Monthly/Quarterly control reports
Reconciliation of VAT and General ledger balances across multiple systems
Preparation and submission of monthly / quarterly VAT returns
Computation of Input Tax Credit ratio
Payment of VAT liability to Tax authorities
Passing of relevant VAT related accounting entries
Respond to VAT related queries from businesses, compliance, auditors, Tax authorities, etc.
Documentation and record management: Coordinate VAT Audits and handle Adhoc queries from Tax authorities
Provide full support on other AdHoc requirements related to the profile Support in internal back up and succession planning for finance units
Personnel Specifications:
Bachelor Accounting, Finance and Chartered Accountant
Experience in banking / financial services industry
Good managerial and functional skills
Strong in Excel, Power point, and other IT tool skills