Finance Manager – Kuwait

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.

Job Details

Employment Types:

Full time

Industry:

Recruitment / Staffing / RPO

Function:

Finance & Accounts

Roles:

Finance Manager

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