Chief Financial Officer

Our client in the banking sector in Oman is looking to hire a qualified Omani CFO for their bank. The ideal candidate would report to the CEO.

Key Responsibilities:

Strategic Financial Leadership:

• Develop and execute the bank’s financial strategy in alignment with overall business objectives, across both Islamic and conventional operations.
• Lead balance sheet management, capital allocation, and funding strategies to support profitable and sustainable growth.
• Lead enterprise-wide financial transformation initiatives, including digitization, cost optimization, and performance management.
• Optimize cost efficiency and profitability through rigorous financial analysis and strategic initiatives.

Liquidity, Capital, and Balance Sheet Oversight:

• Drive robust liquidity management frameworks, including stress testing, and alignment with Basel III/IV requirements and Islamic liquidity instruments.
• Lead capital planning and ICAAP processes, ensuring optimal capital structure and compliance with regulatory and internal risk appetite frameworks.
• Oversee the integration of Shariah-compliant financing structures with conventional banking practices while maintaining financial reporting integrity.

Financial Control, Reporting, and Governance:

• Deliver timely and accurate statutory and management financial reporting in accordance with IFRS and AAOIFI standards, where applicable.
• Lead financial planning & analysis (FP&A), budgeting, forecasting, and variance analysis, supporting informed executive and Board-level decision-making.
• Champion financial governance, risk-adjusted performance metrics, and internal control frameworks.

Stakeholder Engagement and Board Advisory:

• Provide strategic counsel to the CEO, Board of Directors, and Audit/Risk Committees on financial strategy, risk, and performance matters.
• Lead Board-level financial communications, including quarterly results, strategic updates, and risk disclosures
• Promote financial transparency and stakeholder confidence through high-quality reporting, clear financial narratives, and consistent disclosure practices.
• Foster alignment between financial strategy and corporate governance.

Investor Relations and External Communication:

• Shape and deliver the bank’s financial narrative to investors, analysts, and rating agencies.
• Manage investor roadshows, earnings calls, and capital market days.
• Build credibility and trust with the credit rating agencies, ensuring consistent dialogue and alignment with credit metrics and rating objectives

Regulatory and Compliance Engagement:

• Serve as the principal liaison with Board, central banks, external auditors and financial regulators.
• Ensure full compliance with evolving regulatory frameworks, including Basel III/IV, IFRS 9, and ESG disclosures, including for both Islamic and conventional frameworks.
• Influence regulatory policy through active participation in industry forums and working groups.

Key Competencies & Skills:

• Strategic Agility: Ability to anticipate market shifts and align financial strategy accordingly.
• Regulatory Mastery: Deep understanding of regulatory landscapes and Shariah governance.
• Capital Markets Expertise: Skilled in managing investor expectations, credit ratings, and capital issuance.
• Transformational Leadership: Proven ability to lead finance teams through change, growth, and innovation.
• Stakeholder Influence: Strong interpersonal and communication skills with C-suite, Board, and external stakeholders.

Experience & Qualifications:

• Experience: 15+ years in senior finance roles within top-tier banks in the GCC, including CFO or Deputy CFO positions.
• Certifications: CPA, CA, CFA, or ACCA; additional Islamic finance credentials (e.g., CIFE, CSAA) preferred.
• Track Record: Demonstrated success in financial turnaround, regulatory inspections, investor relations, and strategic finance.
• Fluent in Arabic, with deep familiarity with the Omani banking and regulatory landscape.
• Experience across retail, corporate, treasury, and investment banking operations is advantageous