Assistant Manager, Finance, Kuwait

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.


Job Summary/Purpose:

Perform financial processes, secure accurate accounting and financial records, produce and analyze financial statements in order to advise on business performance and areas of improvement.

 

Responsibilities: 

Operational:

Prepare periodically financials, analyze various management reports for compliance to policies and submit observations to Manager Finance.
Plan and forecast sales, inventory levels, optimal fleet size and other business parameters.
Review business processes for efficiency, reliability and propose automation and improvements.
Respond to routine queries on business transactions from internal and external auditors and provide appropriate explanation and justification.
Analyze internal audit reports and submit the observation to Manager Finance for review.
Check inventory costing and payment vouchers for accuracy and supporting evidence.
Prepare the plan in order to organize yearly stock count based on company policies.
Prepare cash flow statements for forecasting funds requirements and timely availability of funds.
Review customer receivables and other receivables and follow up with Manager Credit for settlement of company dues.
Prepare pricing of inventory and submit it for review to the Manager Finance.
Review documentation for LCs/LGs to assist functional managers in negotiation with customers.
Check discrepancies in application of policies by functional managers and report to Manager Finance for action.
Assist business heads with business performance review and reports preparation for monthly review with senior managers.
Assist business heads with preparation and presentation of annual budgets.
People Management: 

Assign goals and objectives to staff and monitor achievement of team objectives/key performance indicators (KPIs) and counsel employees on achievement of targets and KPIs.
Prepare performance planning (PP) and conduct performance appraisal (PA) and conduct PP/PA interviews including employee development plans and counsel employees on career progression opportunities.
Make requisite attempts to handle all grievances raised by subordinates in a prompt and effective manner and escalate such matters to higher level when required.
Recommend disciplinary action.
Participate in interview panels for selection and promotion of staff.
 

Minimum Requirements:

Educational Qualifications and Experience: Post Graduate Diploma in Finance with 3 years experience or Bachelor Degree with 6 years of experience.
Linguistic Abilities: English is a must. Arabic is an asset.
Certification and Licensure: CFA / ICWA/ CIMA/ CA/ CPA/ ACCA (In order of importance)





DETAILS TO REGISTER FOR THIS JOB:

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