Finance Lead – Omani Nationals Only – MetLife

Job title: Finance Lead – Omani Nationals Only – MetLife

Company: Talent Pal


Job description: Working ScheduleFull-TimeWork ArrangementHybridRelocation Assistance AvailableNoPosted Date25-Sep-2024Job ID4614Description and RequirementsJob Purpose:Country Finance Lead is responsible for assisting with the preparation of regulatory filings as well as the financial statements, footnotes, and management discussion and analysis. The position is also responsible for the coordination and execution of the external reporting process, including interfacing with external auditors and Internal Audit. The Finance Lead will work with various departments within the Company, representing Financial Reporting to ensure that needs and requirements are properly communicated and achieved. The ability to manage multiple tasks and work under time pressure are also critical to this role in addition to a strong background in accounting and USGAAP/IFRS requirements.Job Description:

• Assist with the preparation of financial statements and Regulatory Returns on a monthly, quarterly, and annual basis.
• Working closely with external auditors for the smooth completion of all audit processes.
• Collection and analysis of financial data.
• Responds to financial inquiries from regulators by gathering, analyzing, summarizing, and interpreting data.
• Assist in developing automated worksheets, eliminating duplication, coordinating information requirements.
• Any additional tasks that may be assigned from time to time.
• Lead and coordinate with multiple departments on all Finance related requirements including Audits and reviews.
• Preparation and submission of IFRS financial statements and Country specific reports for Regulatory and internal requirements.
• Prepare and analyse monthly and quarterly reports.
• Interpretation of Regulations and communication with Regulators as required.
• Attend and participate in stakeholder and Regulatory discussions for the Country.
• Knowledge and experience in IFRS 4 reporting and the relation with IFRS 17 standard.
• Build and development of IFRS 4 to IFRS 17 reconciliation processes and templates.
• Developing the chart of accounts, mappings, ledger postings and drafting report performance.
• Prepare IFRS 17 workflows and develop enhancements where applicable.
• Participate in automation of processes for IFRS 17
• Assist with the preparation of financial statements and Regulatory Returns on a monthly, quarterly, and annual basis.
• Working closely with external auditors for the smooth completion of all audit processes for IFRS 17 Reporting and any other requirements that may be assigned.
• Analyze and interpret complex financial data related to insurance contracts cohorts.
• Develop variance driver’s metric for quarter Management review.
• Prepare/update accounting policies manual for IFRS 17.
• Communicating financial data to non-financial managers.
• Responds to financial inquiries from regulators by gathering, analyzing, summarizing, and interpreting data.
• Assist in developing automated worksheets, eliminating duplication, coordinating information requirements.
• Support Reporting team in preparing reports, ad-hoc analysis and presentation to Management.
• Any additional tasks that may be assigned from time to time.

Qualifications, Experience & Skills:

• Bachelor’s degree in accounting (preferred), or Finance, Business Administration, Economics, or other related fields.
• Minimum of 3+ years financial reporting experience.
• 2 – 5+ years audit experience or/ and 3 – 5 years proven experience in similar reporting role in an MNC with multiple reporting requirements.
• Professional accounting designation (CPA, CMA, ACCA, CA.) is highly desired.
• Knowledge of financial reporting frameworks like USGAAP & IFRS.
• Experience in risk assessment and internal controls framework implementation.
• Expert knowledge of financial statement preparation, financial reporting, financial analyses,
• Proficient in Microsoft Office applications (Word, Excel, PowerPoint, Visio, Access etc.)
• Knowledge of Oracle or PeopleSoft software experience is highly desired.
• Arabic language is essential.

Competencies:

• Leadership skills;
• Strong communication skills
• Business acumen;
• Structured & organized;
• Detail oriented and analytical;
• Highly motivated with a strong sense of duty;
• Time management;
• Interest in process improvements.
• Flexible on changes and challenges dated processes; and
• Innovative and thinks outside the box

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Expected salary:

Location: Muscat

Job date: Sun, 27 Oct 2024 05:32:19 GMT

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