<p dir = "auto">Role Objective</p> <p dir = "auto"></p> <p dir = "auto">JOB CONTENT</p> <p dir = "auto"></p> <p dir = "auto">To lead and govern the Bank’s financial, regulatory, and management reporting framework, ensuring integrity, accuracy, timeliness, and full compliance with International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), Regulatory requirements of the Central Bank of Oman (CBO) and applicable Government reporting requirements. The role is accountable for the end-to-end reporting architecture covering statutory reporting, regulatory submissions, management information systems (MIS), budgeting integration, and audit coordination. It ensures robust internal controls, data governance, reporting automation, and alignment between financial outcomes and strategic performance metrics.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">2. Duties and Responsibilities</p> <p dir = "auto"></p> <p dir = "auto">A. Financial & Statutory Reporting Governance</p> <p dir = "auto"></p> <p dir = "auto">1. Lead and certify monthly, quarterly, and annual financial statements.</p> <p dir = "auto"></p> <p dir = "auto">2. Ensure compliance with IFRS, regulatory accounting treatments, and disclosure requirements.</p> <p dir = "auto"></p> <p dir = "auto">3. Govern Chart of Accounts (CoA) structure and GL integrity.</p> <p dir = "auto"></p> <p dir = "auto">4. Review, and provide guidance on, accounting treatments for complex transactions.</p> <p dir = "auto"></p> <p dir = "auto">5. Interpret and implement new IFRS pronouncements and regulatory circulars.</p> <p dir = "auto"></p> <p dir = "auto">6. Ensure reconciliation integrity between core banking system, sub-ledgers, and general ledger.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">B. Regulatory & Prudential Reporting Oversight</p> <p dir = "auto"></p> <p dir = "auto">1. Oversee preparation and timely submission of all regulatory returns to Central Bank of Oman, Ministry of Finance, Oman Investment Authority, External Auditors.</p> <p dir = "auto"></p> <p dir = "auto">2. Ensure accuracy of capital adequacy, liquidity (LCR/NSFR), large exposure, and related prudential returns.</p> <p dir = "auto"></p> <p dir = "auto">3. Oversee financial inputs into ICAAP and stress testing exercises.</p> <p dir = "auto"></p> <p dir = "auto">4. Maintain strong documentation, audit trails, and regulatory response protocols.</p> <p dir = "auto"></p> <p dir = "auto">5. Coordinate regulatory inspections and ensure closure of supervisory findings.</p> <p dir = "auto"></p> <p dir = "auto">6. Act as primary liaison with external auditors and regulatory authorities.</p> <p dir = "auto"></p> <p dir = "auto">7. Oversee audit schedules, coordinate bank-wide data collection, and ensure timely closure of relevant audit observations.</p> <p dir = "auto"></p> <p dir = "auto">8. Ensure accurate regulatory disclosures and compliance certifications.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">C. Enterprise MIS & Management Reporting</p> <p dir = "auto"></p> <p dir = "auto">1. Own and govern the Bank-wide MIS framework and reporting architecture.</p> <p dir = "auto"></p> <p dir = "auto">2. Deliver management accounts and performance dashboards.</p> <p dir = "auto"></p> <p dir = "auto">3. Ensure consistency between financial statements, Regulatory returns, Management accounts, Budget and forecast outputs</p> <p dir = "auto"></p> <p dir = "auto">4. Provide value-added financial analysis to Executive Management and Board Committees.</p> <p dir = "auto"></p> <p dir = "auto">5. Review variance analysis (Budget vs Actual / Forecast vs Actual) and highlight risk exposures and financial trends.</p> <p dir = "auto"></p> <p dir = "auto">6. Deliver Executive Committee and Board reporting packs.</p> <p dir = "auto"></p> <p dir = "auto">7. Lead KPI standardization across Finance Complex.</p> <p dir = "auto"></p> <p dir = "auto">8. Provide segmental profitability analysis (product, branch, customer, portfolio).</p> <p dir = "auto"></p> <p dir = "auto">9. Drive reporting automation and dashboard implementation.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">D. Budgeting & Performance Integration</p> <p dir = "auto"></p> <p dir = "auto">1. Integrate budgeting, forecasting, & rolling reforecast processes with financial reporting outputs.</p> <p dir = "auto"></p> <p dir = "auto">2. Oversee variance analytics (Actual vs Budget / Forecast).</p> <p dir = "auto"></p> <p dir = "auto">3. Strengthen cost allocation and cost accounting methodologies.</p> <p dir = "auto"></p> <p dir = "auto">4. Support financial planning processes with scenario modelling and sensitivity analysis.</p> <p dir = "auto"></p> <p dir = "auto">5. Ensure alignment between strategy execution metrics and financial reporting.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">E. Systems, Controls & Continuous Improvement</p> <p dir = "auto"></p> <p dir = "auto">1. Govern ERP, consolidation systems, and financial reporting modules.</p> <p dir = "auto"></p> <p dir = "auto">2. Ensure strong Internal Controls over Financial Reporting.</p> <p dir = "auto"></p> <p dir = "auto">3. Establish data ownership and reporting governance standards.</p> <p dir = "auto"></p> <p dir = "auto">4. Drive automation initiatives and reduce manual journal dependencies.</p> <p dir = "auto"></p> <p dir = "auto">5. Oversee documentation of reporting SOPs and control matrices.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">F. Audit & External Stakeholder Management</p> <p dir = "auto"></p> <p dir = "auto">1. Act as primary counterpart for external auditors.</p> <p dir = "auto"></p> <p dir = "auto">2. Review audit findings and ensure remediation plans are executed.</p> <p dir = "auto"></p> <p dir = "auto">3. Certify financial reporting deliverables to senior management and Board.</p> <p dir = "auto"></p> <p dir = "auto">4. Engage directly with regulatory examiners when required.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">G. Leadership & Talent Development</p> <p dir = "auto"></p> <p dir = "auto">1. Lead Financial Reporting, MIS, and Budgeting functions.</p> <p dir = "auto"></p> <p dir = "auto">2. Establish performance KPIs aligned with Finance strategy.</p> <p dir = "auto"></p> <p dir = "auto">3. Develop technical excellence in IFRS, regulatory reporting, and analytics.</p> <p dir = "auto"></p> <p dir = "auto">4. Foster a culture of accountability, precision, and control discipline.</p> <p dir = "auto"></p> <p dir = "auto">5. Lead transformation initiatives within reporting architecture.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">KEY INTERACTIONS</p> <p dir = "auto"></p> <p dir = "auto">Internal</p> <p dir = "auto"></p> <p dir = "auto">§ CFO (primary reporting line)</p> <p dir = "auto"></p> <p dir = "auto">§ Executive Management</p> <p dir = "auto"></p> <p dir = "auto">§ Board & Board Committees</p> <p dir = "auto"></p> <p dir = "auto">§ Risk, Compliance, Internal Audit</p> <p dir = "auto"></p> <p dir = "auto">§ Treasury</p> <p dir = "auto"></p> <p dir = "auto">§ IT & Data Management</p> <p dir = "auto"></p> <p dir = "auto">§ All Business Units</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">External</p> <p dir = "auto"></p> <p dir = "auto">§ External Auditors</p> <p dir = "auto"></p> <p dir = "auto">§ Central Bank of Oman</p> <p dir = "auto"></p> <p dir = "auto">§ Government authorities (as applicable)</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">Level of external interaction</p> <p dir = "auto"></p> <p dir = "auto">This position requires a moderate to high, particularly during audit and regulatory cycles.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">MINIMUM EDUCATION, QUALIFICATIONS & SKILLS</p> <p dir = "auto"></p> <p dir = "auto">Education:</p> <p dir = "auto"></p> <p dir = "auto">– Bachelor’s degree in Accounting and/or Finance</p> <p dir = "auto"></p> <p dir = "auto">Experience:</p> <p dir = "auto"></p> <p dir = "auto">– 10+ years banking experience</p> <p dir = "auto"></p> <p dir = "auto">– 4+ years in senior reporting or financial governance role</p> <p dir = "auto"></p> <p dir = "auto">– Experience interacting with regulators and external auditors</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">Special Skills & Knowledge:</p> <p dir = "auto"></p> <p dir = "auto">– Advanced IFRS knowledge</p> <p dir = "auto"></p> <p dir = "auto">– Regulatory reporting expertise (CBO / Government reporting)</p> <p dir = "auto"></p> <p dir = "auto">– Financial consolidation & management accounting</p> <p dir = "auto"></p> <p dir = "auto">– ERP & financial systems mastery</p> <p dir = "auto"></p> <p dir = "auto">– Financial modelling & variance analytics</p> <p dir = "auto"></p> <p dir = "auto">– Internal control frameworks</p> <p dir = "auto"></p> <p dir = "auto">– Audit coordination</p> <p dir = "auto"></p> <p dir = "auto">Business Understanding:</p> <p dir = "auto"></p> <p dir = "auto">– This position requires a low-medium level of business understanding</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">REQUIRED QUALIFICATION /CERTIFICATION</p> <p dir = "auto"></p> <p dir = "auto">– Professional Certification with CPA/ACCA/CA.</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">HEALTH, SAFETY AND ENVIRONMENT</p> <p dir = "auto"></p> <p dir = "auto">– This position follows all the HSE procedures as set by the company</p> <p dir = "auto"></p> <p dir = "auto"> </p> <p dir = "auto"></p> <p dir = "auto">KEY COMPETENCIES</p> <p dir = "auto"></p> <p dir = "auto">– Advanced IFRS technical interpretation</p> <p dir = "auto"></p> <p dir = "auto">– Prudential regulatory reporting</p> <p dir = "auto"></p> <p dir = "auto">– Capital and liquidity reporting frameworks</p> <p dir = "auto"></p> <p dir = "auto">– Financial consolidation & GL governance</p> <p dir = "auto"></p> <p dir = "auto">– Data governance & reporting controls</p> <p dir = "auto"></p> <p dir = "auto">– Budget integration & performance analytics</p> <p dir = "auto"></p> <p dir = "auto">– ERP & reporting systems leadership</p> <p dir = "auto"></p> <p dir = "auto">– Strong executive presentation capability</p>
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