Large & Diversified Group at Kuwait

Role & responsibilities

Financial Planning and Analysis:

• Develop and implement financial strategies, budgets, and forecasts.
• Analyze financial data to provide insights into the company's financial performance.
• Monitor financial trends and make recommendations for improvements.

Budgeting and Cost Control:

• Create and manage the company's budget, ensuring that expenses are in line with revenue.
• Identify cost-saving opportunities and implement cost control measures.
• Review and approve expenditures and financial transactions.

Financial Reporting:

• Prepare regular financial reports, including income statements, balance sheets, and cash flow statements.
• Ensure financial statements comply with accounting standards and regulations.
• Provide financial reports to senior management and stakeholders.

Risk Management:

• Assess and manage financial risks, such as currency exchange rate fluctuations and market volatility.
• Develop risk mitigation strategies and policies to protect the company's financial assets.

Cash Flow Management:

• Monitor cash flow to ensure the company has sufficient liquidity for operations.
• Manage cash reserves and investments to optimize returns while maintaining liquidity.

Tax Compliance:

• Ensure compliance with tax regulations and coordinate with tax authorities.
• Develop tax strategies to minimize the company's tax liabilities.

Financial Decision Making:

• Provide financial analysis and insights to support strategic decision-making.
• Evaluate investment opportunities and assess their financial viability.

Financial Controls:

• Establish and maintain internal controls to safeguard company assets and prevent fraud.
• Conduct internal audits to ensure compliance with financial policies and procedures.

Banking and Treasury Management:

• Manage banking relationships and negotiate financing terms.
• Optimize cash management, including fund transfers and bank reconciliations.

Team Management:

• Supervise and lead a team of finance professionals, including accountants and financial analysts.
• Provide guidance, training, and performance evaluations to team members.

Compliance and Regulation:

• Stay updated on financial regulations and ensure the company's financial practices are in compliance.
• Work with external auditors and regulatory agencies as necessary.

Strategic Planning:

• Contribute to the development of the company's long-term financial and strategic plans.
• Collaborate with other departments to align financial goals with overall business objectives.

• First Attempt CA / ICWA with 6+ years of progressive experience
• Candidate from trading business would be preferred although manufacturing / construction background would also be ok
• Should have good knowledge of banking
• Should be expert in Advance Excel and Power point, Exposure to SAP would be a plus
• Gulf experience and knowledge of Arabic is a big advantage
• Good command over English
• Preferred Age upto 40 Yrs

Net Salary around $ 4,000 pm + 25% HRA + Family Status on completion of Probation + transport allowance + medical insurance + Annual Airtickets/paid leaves etc as per the policy.