Finance Head

Job Description : FINANCE HEAD OMAN One of Oman's leading travel and tour operators, Khimjis House of Travel offers adventure holidays, cruise vacations, air-travel and inbound tours, including tailor-made corporate and leisure services. Representing leading leisure brands such as SOTC, Costa Cruises, Disney Cruises, Rail Europe, Globus and Swiss tours in Oman it is also the sole agent for Disneyland Paris in the Sultanate. Through its representation of Lufthansa City Center in Oman, the House of Travel has become an integral part of one of the largest travel agency franchises in the world and is also the franchisee partner in Oman for one of the world's leading corporate travel management, marine and events company, ATPI. The Travel & Tourism business also handles visa processing for Australia, United Kingdom, Canada and Schengen countries through its partnership with VFS Global and offers the travel trade the facility to book hotels and flights through B2B booking platforms tripsnstay.com and khimjiconnect.com giving customers access to its supplier base and consolidators from around the world. Oman's leading business group is hiring a Finance Manager for their Travel & Tour division with 15-18 years core experience in the Travel industry. Job profile · Management Accounting - Financial Reporting & Analysis-Taxation VAT, GST · Business Case Modelling Commercial Analysis -MIS Reporting & Documentation. · Regulatory Reporting - Fund Management - Stakeholder Management. · Skilled in monitoring & preparation of consolidated Statutory Books of Accounts. · Regulatory Reports and Statutory Compliances (Tax, VAT, and GST). · Variance analysis for facilitating decision-making. · Ability to work with multiple stakeholders / tasks proactively within prescribed deadlines. · Excellent communication, analytical, decision-making and leadership skills. · Adaptability and to be updated with business developments across various industries. · Ability for positioning and competitive analysis of the designated market Key Deliverables: · Support the business in strategic and commercial matters including business cases and creating long-term finance model using key performance drivers. · Reviewing monthly and yearly accounts (P&L, balance sheet, cash flow, commentary) in line with IFRS for all verticals standalone and consolidation of the same. · Optimum Cash flow Management. · Performing Investment appraisal and feasibility study of new business projects for their commercial viability. · Validation of principal contracts of KHOT, KTD & its subsidiaries including Airlines GSAs, Tour Operators, and other suppliers. · Own and review Credit control and Debt Recovery policy, credit appraisals, monitoring credit limits and credit days of customers, both corporate & b2b. · Provide commercial analysis to the management on regular basis. · Expertise in preparation of management reporting packs/MIS on monthly/quarterly basis. · Involvement in the revenue management along with the business. · Supervising the maintenance of books of accounts by onshore and offshore (-outsourced) teams. · Annual Budgeting and planning, Variance analysis, performance/profitability analysis. · Evaluation and recommendation of internal controls/processes and system improvements that enhance efficiency and effectiveness of financial reporting. · Maintaining all Banking relationships, negotiations with banks for funded and non-funded facilities e.g. OD, Bill Discounting, BGs and charges, rate of interest thereof. · Plan and manage statutory audits, liaise with external and internal auditors. · Oversee all tax and regulatory compliances, preparation of tax computations (VAT, Corporation tax, WHT) · Monitoring and supervising all Legal cases. Supervising, coordinating, motivating and training finance team of 30 people. Minimum Qualifications: · CA / CA Inter Minimum Experience -15-18 Years core experience from travel industry in all verticals of travel business (Ticketing, Inbound & Outbound, MICE )

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