Muscat, Muscat Governorate - Muscat, OM, 114
Purpose of Job:
Maintain day-to-day accounting activities, accurate books of accounts, and prepare standalone and consolidated audited financial statements for the assigned companies in order to ensure accurate financial reporting, compliance with applicable accounting standards and statutory requirements, and timely financial information for management and external stakeholders.
Key Responsibilities & Accountabilities:
• Coordinate statutory compliance activities, maintain corporate records, and liaise with trust and corporate service providers for the Group's international SPV entities to ensure regulatory compliance, accurate documentation, and the timely renewal of corporate registrations and statutory certificates.
• Administer cash management activities, aviation-related payments, and financial records for the Group's aviation companies while liaising with aircraft operators to ensure accurate accounting, timely settlement of obligations, and efficient operational support.
• Maintain loan administration activities for aircraft financing, including monitoring lender invoices, maintaining loan and asset records, and facilitating financing documentation to ensure timely payments, accurate records, and compliance with financing agreements.
• Prepare quarterly financial statements, management information reports (MIS), and annual audit schedules for the assigned international entities to ensure accurate financial reporting, compliance with accounting and statutory requirements, and the timely availability of financial information for management and external stakeholders.
• Support the annual statutory audit process, including the preparation of audit schedules and coordination of consolidated audit requirements with internal stakeholders and the Delhi back-office finance team to ensure timely audit completion and compliance with statutory and reporting requirements.
• Support tax compliance activities by preparing tax-related information, coordinating with external tax consultants, managing VAT administration, and raising tenant invoices to ensure timely tax filings, regulatory compliance, and accurate tax reporting.
• Support treasury activities by facilitating fund transfers for MBH Mauritius Ltd. and arranging funding requirements for aircraft and offshore companies to ensure timely availability of funds, accurate financial processing, and completion of statutory audit requirements.
• Prepare the net worth statement and facilitate its annual statutory audit in coordination with internal stakeholders to ensure accurate financial reporting and timely completion of audit requirements.
• Administer property and Directors' & Officers' (D&O) insurance activities by maintaining insurance records, preparing required documentation, and supporting policy renewals to ensure adequate insurance coverage, accurate records, and timely compliance with insurance requirements.
• Provide accounting and administrative support for ad hoc corporate activities, including shareholder documentation, financial records, agreements, petty cash, and project documentation to ensure accurate record keeping, timely stakeholder support, and effective administration of corporate requirements.
Principal Challenges:
• Managing multiple accounting, audit, and statutory compliance requirements across different countries and jurisdictions.
• Meeting strict reporting, audit, tax, and insurance deadlines while handling competing priorities.
• Coordinating effectively with external auditors, consultants, financial institutions, and internal stakeholders without direct reporting authority.
• Maintaining accuracy and compliance in financial records while adapting to changing regulatory and business requirements.
Minimum Academic Professional Qualification:
• Minimum Academic Qualification: Bachelor's degree in Accounting, Finance, or a related discipline.
• Professional Qualification: CPA, ACCA, CA, or an equivalent professional accounting qualification (preferred).
Minimum Work Experience :
• At least 10 years of experience in accounting, with exposure to SPVs, and investment holding companies.
• Experience with IFRS and cross-border financial reporting is essential.
QHSSE Responsibilities:
- Carry out their duties in compliance with MB Holding’s Integrated Management System (IMS) and applicable QHSSE requirements.
- Ensure safe and responsible work practices, proper control of documents and information, and active contribution to quality, health, safety, and environmental excellence in their daily activities.