Finance Manager at KUWAIT

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: [email protected]