Finance Manager

Kuwait City, Al Asimah, Kuwait

JOB DESCRIPTION

BASIC INFORMATION ON THE ROLE

Position Name: Finance Manager

Job Code: Finance Manager

Department: Finance & Accounts

Reporting To: Managing Partner

Direct Reports: Finance & Accounts Team

SECTION I: JOB PURPOSE

To oversee the management of finance and accounts departments of the group companies as well as direct the preparation of financial reports.

SECTION II: KEY RESPONSIBILITIES

Core Responsibilities:

● Contributing to strategic planning and decision making at the executive level to develop and implement a financial strategy .

● Managing the group’s liquidity and cash needs astutely and efficiently.

● Overseeing all accounting functions and preparing reports in compliance with appropriate legal requirements.

● Supervising of the legal structuring and due diligence surrounding real estate acquisitions as well as the negotiation of their financing.

● Overseeing the accounting operations of our foreign investment vehicles , their control systems, transaction-processing operations etc.

● Establishing and maintaining positive relationships with banks, Investment Analysts and other financial institutions.

● Contributing to the development of strategies to obtain optimal insurance coverage for the organization's assets and liabilities.

● Evaluating proposed business activities and transactions such as acquisitions, investments , capital expenditure ,divestitures, mergers or sale of assets to ensure they are financially viable.

● Overseeing budgets, forecasts, cash flow , liquidity, projects, periodic financial statements and other management reports.

● Responsible for finalization of the group consolidated financials in line with GAAP , statutory audit , management of audit plan, coordination with auditors, quarter end and year end procedures, IFRS issues and group reporting forms.

● Financial analysis and due diligence of projects and investments as well as development of business plans for the financial year.

● Dealing with internal and external parties for local and international investments.

● Overseeing all tax and regulatory compliance for local and international entities.

● Timely communication of key financial information to Owners/BOD on a regular basis.

● Creating and applying policies and procedures to enhance operations and fiscal controls within the accounts and finance department.

● Any other task that may be assigned by the Board of Directors and/or the CEO as appropriate.

People Management:

● Monitoring the progress of the function and evaluate junior staff achievements.

● Contributing to staff development activities through team development, setting Key Performance Indicators and driving motivation.

● Participating in the feasibility/business development opportunities to ensure that the financials are sound, and the risks are addressed.

Self-Management:

● Maintaining the highest level of integrity in carrying out the job.

● Achieving the highest levels of proficiency in all skills required to perform the role.

● Ensuring that performance goals set by and agreed with management are achieved during the course of the year.

● Developing creative solutions and identifying alternatives relating to finance department management.

SECTION III: KNOWLEDGE, SKILLS & COMPETENCIES

Educational Qualifications:

● Master’s degree in Accounting/Finance and relevant professional certification, preferably CA/CPA/ CFA/ACCA.

Behavioral Competencies:

● High level of care, reliability, and a solid reputation.

● Excellent communication skills.

● Excellent time management skills and a flexible approach to changing priorities.

● Excellent presentation skills.

● Curious mind with an attention to detail.

Language Skills:

● Excellent written and spoken English is essential. Arabic language is an added advantage.

Years of Experience:

● Minimum 5 to 10 years of experience in Accounting and Finance with a reputed organization.

Nature of Experience:

● Prior Kuwait or GCC real-estate, treasury operations experience is an added advantage.

SECTION IV: KEY INTERACTIONS

Key internal contacts and Purpose of interaction:

Managing Partner:

- Clarification updates about tasks and projects assigned.

- Discussions based on reports submitted periodically.

- Feedback based on the financial information about proposed investments.

- Discussion of planned changes in policies and procedures of the department.

- Discussion based on financials of group companies’ pre-and post-audits.

- Suggestions to enhance operational efficiency and profitability of group companies.

Function Heads:

- Interact with functional heads as and when required to carry out the job responsibilities.

Key external contacts and Purpose of interaction:

Banks

- Account related information, new facilities, etc.

Auditors

- Annual audits of finances

HOW TO APPLY

Please use the link (https://airtable.com/shrpcve1rbuEzeQFG) to complete the job application form.

Also, while completing the form please select the following:

Job Position - Finance Manager

Job Reference Code - Finance Manager

Note: We thank all applicants for their interest, however only those candidates selected for interviews will be contacted.

Job Types: Full-time, Permanent

Salary: From KD0.100 per month

Application Question(s):

Are you locally available and based inside Kuwait? Yes or No

Have you submitted our internal job application form https://lnkd.in/dgwqhqN4

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