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JOB DESCRIPTION
BASIC INFORMATION ON THE ROLE
Position Name: Finance Manager
Job Code: Finance Manager
Department: Finance & Accounts
Reporting To: Managing Partner
Direct Reports: Finance & Accounts Team
SECTION I: JOB PURPOSE
To oversee the management of finance and accounts departments of the group companies as well as direct the preparation of financial reports.
SECTION II: KEY RESPONSIBILITIES
Core Responsibilities:
● Contributing to strategic planning and decision-making at the executive level to develop and implement a financial strategy.
● Managing the group’s liquidity and cash needs astutely and efficiently.
● Overseeing all accounting functions and preparing reports in compliance with appropriate legal requirements.
● Supervising of the legal structuring and due diligence surrounding real estate acquisitions as well as the negotiation of their financing.
● Overseeing the accounting operations of our foreign investment vehicles, their control systems, transaction-processing operations etc.
● Establishing and maintaining positive relationships with banks, Investment Analysts and other financial institutions.
● Contributing to the development of strategies to obtain optimal insurance coverage for the organization's assets and liabilities.
● Evaluating proposed business activities and transactions such as acquisitions, investments, capital expenditure, divestitures, mergers or sale of assets to ensure they are financially viable.
● Overseeing budgets, forecasts, cash flow, liquidity, projects, periodic financial statements and other management reports.
● Responsible for finalization of the group consolidated financials in line with GAAP, statutory audit, management of audit plan, coordination with auditors, quarter end and year end procedures, IFRS issues and group reporting forms.
● Financial analysis and due diligence of projects and investments as well as development of business plans for the financial year.
● Dealing with internal and external parties for local and international investments.
● Overseeing all tax and regulatory compliance for local and international entities.
● Timely communication of key financial information to Owners/BOD on a regular basis.
● Creating and applying policies and procedures to enhance operations and fiscal controls within the accounts and finance department.
● Any other task that may be assigned by the Board of Directors and/or the CEO as appropriate.
People Management:
● Monitoring the progress of the function and evaluate junior staff achievements.
● Contributing to staff development activities through team development, setting Key Performance Indicators and driving motivation.
● Participating in the feasibility/business development opportunities to ensure that the financials are sound, and the risks are addressed.
Self-Management:
● Maintaining the highest level of integrity in carrying out the job.
● Achieving the highest levels of proficiency in all skills required to perform the role.
● Ensuring that performance goals set by and agreed with management are achieved during the course of the year.
● Developing creative solutions and identifying alternatives relating to finance department management.
SECTION III: KNOWLEDGE, SKILLS & COMPETENCIES
Educational Qualifications:
● Master’s degree in Accounting/Finance and relevant professional certification, preferably CA/CPA/ CFA/ACCA.
Behavioral Competencies:
● High level of care, reliability, and a solid reputation.
● Excellent communication skills.
● Excellent time management skills and a flexible approach to changing priorities.
● Excellent presentation skills.
● Curious mind with an attention to detail.
Language Skills:
● Excellent written and Spoken English is essential. Arabic language is an added advantage.
Years of Experience:
● Minimum 5 to 10 years of experience in Accounting and Finance with a reputed organization.
Nature of Experience:
● Prior Kuwait or GCC real-estate, treasury operations experience is an added advantage.
SECTION IV: KEY INTERACTIONS
Key internal contacts and Purpose of interaction:
Managing Partner:
- Clarification updates about tasks and projects assigned.
- Discussions based on reports submitted periodically.
- Feedback based on the financial information about proposed investments.
- Discussion of planned changes in policies and procedures of the department.
- Discussion based on financials of group companies’ pre-and post-audits.
- Suggestions to enhance operational efficiency and profitability of group companies.
Function Heads:
- Interact with functional heads as and when required to carry out the job responsibilities.
Key external contacts and Purpose of interaction:
Banks
- Account related information, new facilities, etc.
Auditors
- Annual audits of finances
HOW
Great News! We've discovered an exciting live job opportunity for a Finance Manager position in Kuwait City. This job is currently open for hiring/recruiting by ORYX, exclusively for you at Kuwait Jobs Expertini. Feel free to download the job details here.
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The work culture at ORYX must adhere to the Ethics of Work Culture as described in the Ethical framework of the UN Charter. You can gain more insights into their local workplace environment by exploring their jobs ORYX and also by visiting their official website through Google.
The World Cities Report 2020 sheds light on the intrinsic value of sustainable urbanization in Kuwait, particularly within Kuwait city. It explores this value from economic, social, and environmental angles, encompassing the intangible aspects that contribute to Kuwait city's distinct character. Moreover, the report delves into the role of innovation and technology, the responsibilities of local governments, targeted investments, and the effective implementation of the New Urban Agenda in promoting sustainable urbanization globally. For a deeper dive into population growth trends and diversity in Kuwait city, additional details can be found on Kuwait city Wikipedia.
Yes, we found live job(s) for ORYX in Kuwait City.
Finance Manager jobs are available in Kuwait.
Exploring the cost of living in Kuwait city. At Expertini.Com for Kuwait city , we gauge it based on the percentage of earnings to living costs, typically ranging from 33% to 65% of your monthly income. This analysis empowers you to make informed decisions about your financial planning and lifestyle. Additionally, we recommend consulting with locals before making any moves to a new town.
The average salary range for Finance Manager in Kuwait City varies, but the standard pay scale is rated "Standard" in Kuwait City. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively.
To apply for a job at ORYX follow the application process following the "Apply Now" button at Kuwait Jobs Expertini and also you can visit ORYX official career page and follow their application process.
Key qualifications for Finance Manager typically include a list of qualifications and expertise as outlined in Bureau of Labor. Be sure to check the specific job listing for detailed requirements and qualifications.
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Benefits for Finance Manager positions may include a list of benefits. These can vary from company to company, so it's important to review the specific job listing for details on benefits offered by the employer.
Not all jobs have remote job opportunities available. However, nowadays, many companies offer remote work options. You can find remote job listings for Finance Manager on Kuwait Jobs Expertini.
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