Finance Manager – Kuwait

10 أغسطس، 2022

0 35 2 دقائق

Job Description

About Our Client
The group is one of the largest diversified conglomerates – food, consumer goods and healthcare – in the Middle East. It has been a market leader in providing quality consumer manufacturing and distribution services with operations spanning across the Gulf and other markets.
Job Description

Identify risks and opportunities to contribute to the achievement of the organization's short- and long-term goals and strategies
Establish and maintain positive, ongoing relationships with stakeholders
Liaise with the Financial Planning & Analysis to develop and communicate the budget guidelines and templates to be distributed to all units to ensure that all indicators are clearly understood and applied
Ensure that the Finance division is playing a key role as a supporting function to the business
Oversee the preparation and control of overall organizational budget/forecast and plan, and ensure the effectiveness of the financial control, continuously monitoring business spending against business plans and budgets/forecasts
Contribute to the development of financial reports to determine forecasts, trends and results analysis and provide financial support for various units
Provide the required reports to the external stakeholders as per the local tax and commercial laws
Monitor funds of the group, and assist in the formulation and implementation of an effective cash management plan
Review accuracy of financial reports and ensure cash payments are within approved budgets
Ensure proper accounting and forecasting of each unit's financial results
Plan and conduct comprehensive studies to determine cost of business activities and improve the operational and financial effectiveness of the assigned company or business unit
Work with management to analyze cost and revenues, including advices about financial implications on particular undertaking or project
Monitor spending and financial control through identification of potential risks of the assigned company or Business Unit
Recommend adjustments and cost improvement measures
Record, classify and report financial transactions and events in accordance with generally accepted accounting principles
Review costs and perform cost/benefit analysis related to projects and/or programs and ensure that the business is run in compliance with the different regulations such as tax and commercial laws
Work and coordinate with the central credit division to optimize and resolve issues related to the collections
Identify solutions for the maximum automation of process steps

The Successful Applicant

The candidate must be present in Kuwait
Must be familiarwithFMCG business
- Strong experience with Coops (food distribution) in Kuwait
Minimum of 7 years of work experience and at least 3 in the same capacity as a Finance Manager
Familiar with managing a complex business model
Strong knowledge of IFRS
Knowledge of SAP is a must

What's on Offer
The successful candidate for this role will be offered a competitive monthly salary, all-inclusive of basic, housing and transport allowances. Additionally, s/he will receive a bonus, medical insurance, and flight tickets. This is an exciting opportunity for an experienced Finance Manager to further progress their career with leading holding group in Kuwait.