SOMS

Contracts Accountant

Job Description

Position Summary

We are seeking an experienced Contracts Accountant to oversee multi-entity accounting operations and manage contractor relationships. The ideal candidate will bring extensive experience in SAP systems and consolidated financial reporting, while ensuring compliance with accounting standards and company policies.

Required Qualifications

Bachelor's degree in Accounting, Finance, or related field

10+ years experience in multi-entity accounting

Minimum 3 years experience with SAP

Professional certification (ACCA, CMA, or equivalent)

Proficiency in accounting software (SAP and Oracle)

Demonstrated experience in consolidated financial reporting

Principal Accountabilities

Financial Reporting and Compliance

Prepare and analyze consolidated financial statements

Ensure compliance with accounting standards and regulations

Maintain accurate records and documentation

Develop and implement accounting policies and procedures

Monitor internal controls and suggest improvements

Prepare regulatory and statutory reports

Coordinate with external auditors

Cash Flow Management

Oversee cash flow planning and forecasting

Monitor and analyze cash position

Manage working capital requirements

Coordinate with banks and financial institutions

Review and approve cash disbursements

Implement cash management strategies

Monitor and reconcile bank statements

Contractors Transactions

Manage contractor payment processes

Review and verify contractor invoices

Monitor contractor agreements and compliance

Maintain contractor accounting records

Reconcile contractor accounts

Handle contractor queries and disputes

Ensure accurate contractor tax reporting

Budgeting and Forecasting

Develop and maintain budgets

Prepare financial forecasts and projections

Analyze variances and provide recommendations

Support strategic planning processes

Monitor project costs and budgets

Prepare budget reports for management

Conduct financial analysis and modeling

Required Skills

Advanced proficiency in SAP and Oracle

Strong analytical and problem-solving abilities

Excellent communication and interpersonal skills

Project management capabilities

Detail-oriented with high accuracy

Team leadership and collaboration

Advanced Excel and financial modeling

HSE Requirements

Understanding of HSE policies and procedures

Commitment to workplace safety

Knowledge of HSE compliance requirements

Ability to integrate HSE considerations into financial planning

Competencies

Strategic thinking and planning

Leadership and team management

Risk assessment and management

Stakeholder relationship management

Decision-making under pressure

Change management

Process improvement


Working Conditions

Benefits

Competitive salary

Health insurance

Annual leave

Transportation allowance

Housing allowance

Professional development opportunities

How to Apply

Please submit your application to cvs@somsco.com including:

Updated CV

Professional certifications

References

Cover letter

Notice period

About Us

Our top priority is customer satisfaction, and we are dedicated to continuously enhancing our services to meet evolving needs. We are committed to fostering the growth of Omani SMEs and young engineers by promoting professionalism, ethics, and business development. Our aim is to support Oman’s advancement in technology, communication, and environmental sustainability.

Muscat - Oman

Experience

10 Years

Required Qualification

Bachelor's degree in Accounting, Finance, or related field

Requires Traveling:

No

Salary

Salary Not disclosed

Salary Type

Per Month

Total Vacancies

1

Skills

officetravelcontractsaccountantaccounting operationscontractorfinancial reportingcomplianceaccounting standardscompanyaccountingfinanceaccounting softwarereportingpoliciesinternalregulatorystatutoryflowcash flowplanningcashworking capitalcash managementagreementsstrategic planningprojectfinancial analysisanalyticalcommunicationmanagementleadershipexcelteamassessmentrelationshipdevelopmentapplicationcustomer satisfactiondedicatedethicsbusiness developmentsupporttechnologysustainability