Kuwait Job Openings

Synergy Expat Jobs

Finance Manager at KUWAIT

November 8, 2024

About Company:
Large & Diversified Group
Job Profile:
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.
Desired Profile:
  • CA / ICWA with 10+ 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 proficient in use of Microsoft Excel. Exposure to SAP would be a plus
  • Gulf experience and knowledge of Arabic is a big advantage
  • Good command over English
Compensation:
Salary around $ 3000 to $ 3,500 pm + HRA + transport allowance , medical insurance, annual paid leaves as per the policy.
Submit your resume to: info@synergyexpatjobs.com
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