Chief Financial Officer (CFO) Jobs at Petroleum Development Oman (PDO)

Petroleum Development Oman (PDO), the leading exploration and production company in the Sultanate of Oman, announces a prestigious career opportunity for a highly experienced professional to join its executive leadership as the Chief Financial Officer (CFO). This role represents a pivotal leadership position within a company that is central to Oman's economy, playing a crucial role in shaping the financial and investment strategy during a significant transformation period in the global energy industry.

Job Description and Key Responsibilities

The Chief Financial Officer (CFO) will hold a seat on the company's top executive team and will be directly responsible for leading and managing all financial and economic aspects of Petroleum Development Oman. Key responsibilities include:

• Strategic Financial Leadership: Developing and executing the company's comprehensive financial strategy in alignment with its long-term business objectives and Oman's energy strategy.
• Capital and Investment Management: Overseeing capital planning, analyzing major investments, and making critical financial decisions related to mega-projects in exploration, production, and development.
• Financial Planning & Analysis (FP&A): Leading the financial planning, budgeting, and forecasting processes, and providing in-depth financial analysis to support decision-making at the Board and Executive Committee level.
• Financial Risk Management: Establishing and implementing robust frameworks for managing financial risks, including market, credit, and currency risks.
• Investor and Stakeholder Relations: Representing the company to investors, key shareholders (including the Government of the Sultanate of Oman and international partners), financial institutions, and regulatory bodies.
• Compliance and Reporting: Ensuring full compliance with all International Financial Reporting Standards (IFRS), local and international regulations, and preparing accurate and timely financial reports.
• Team Leadership: Guiding and developing a large, multidisciplinary finance team, fostering a culture of excellence and innovation within the finance department.

Qualifications and Requirements

To be eligible for this top-tier executive role, you must meet the following criteria:

• Academic Qualification: A Bachelor's degree in Finance, Accounting, or Business Administration. A Master's in Business Administration (MBA) or a professional certification (e.g., CPA, CMA, ACCA) is a significant advantage and often essential.
• Professional Experience: A minimum of 15 to 20 years of progressive experience in finance, with a strong focus on the oil and gas or energy sector. This must include at least 8 to 10 years in senior financial leadership roles (e.g., Vice President of Finance, CFO of a major division, or former CFO of a similarly sized organization).
• Technical Knowledge: Deep expertise in International Financial Reporting Standards (IFRS), corporate finance, financial engineering, major project analysis, and treasury management. Experience with complex partnerships and Joint Ventures is a critical advantage.
• Leadership Skills: A proven track record of leading large, diverse teams and communicating effectively with C-Suite executives and Board members.
• Analytical & Strategic Skills: High-level strategic thinking with exceptional ability to analyze complex data and make impactful financial decisions.
• Language: Proficiency in written and spoken English is mandatory. Knowledge of Arabic will be a strong additional asset.

Work Location and Company

The position is based at the Petroleum Development Oman (PDO) headquarters in Muscat, Sultanate of Oman. PDO is the cornerstone of Oman's oil and gas industry, involved in the majority of the country's hydrocarbon production. The company offers a dynamic, world-class, and stimulating work environment with a strong focus on sustainable development and technological innovation.

How to Apply for this Position

Given the sensitivity and seniority of this leadership role, the application process is typically managed through specialized executive channels or Executive Search Firms. Qualified candidates who precisely match the required experience are advised to:

1. Professionally update their Curriculum Vitae (CV), highlighting tangible achievements and experience directly relevant to the oil & gas sector and senior financial leadership.
2. Look for the official advertisement on the professional portal NaukriGulf or similar platforms, where contact details or application instructions may be posted.
3. Prepare for a rigorous, multi-stage selection process, likely involving interviews with senior executives and the company's Board.

This is a unique opportunity to join the leadership of a strategic national company and contribute to the future of energy in the Sultanate of Oman.