12 Kuwait Finance jobs in Kuwait
Assistant Finance Controller – Financial Services
Posted 1 day ago
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Description
In this role, you will be responsible in managing Divisional Financial Controls, Strategic Planning, Reporting & Analytics, Risk Management and Stakeholder relations, ensuring Financial integrity and alignment with organizational goals.
Role & Responsibilities:
- Ensure and assess timely preparation and review of monthly MIS, P/L, BS, KPI and other operational activities including Cash Management, CAPEX & Working Capital Management
- Collaborate closely with finance and operations team for financial control, cash management and other relevant operational aspects on a daily basis.
- Ensure timely and accurate financial reporting that is compliant with statutory regulations and is free of financial irregularities.
- Review of Bank guarantees, payables, fixed assets, internal audit and compliance reports and ensure budget and overheads control with coordination with operations team.
- Identify, Escalate and mitigate Financial Risks.
- Contribute to all the modernization of finance processes, controls reporting team and organization.
- Develop or recommend practical solutions to address financial challenges or issues.
- Strive to improve revenue and profits of all departments by focusing on topline growth as well as scouting for various cost saving initiatives.
- Prepare monthly budgets and financial statements within timelines.
- Ensure that all Insurance claims and related liabilities are settled in a timely and effective manner.
- Oversee Accounts payables and Accounts receivables by verifying all vendor payments and manage/follow-ups to ensure collections within due date.
- Continuously review and recommend changes to policies and procedures to exercise effective financial controls.
- Ensure compliance with the same by the Operating Management.
- Collect and analyze, review financial statements for meaningful comparison (trend analysis, variance analysis, benchmarking, KPIs, etc.)
- Expert working knowledge of IFRS 17
- Hands on experience in submission of data/ information/ reports to Central Bank
- Familiar with compliances of Industry related regulatory bodies (ie., IRU & CBK)
- Closely work with the team to resolve any discrepancies.
- Review financial implications and payouts of incentive schemes and provide feedback on their feasibility and effectiveness.
- Maintain audit trails and implement audit report recommendations issued by internal and external auditors.
- Liaise with external auditors to ensure that financial results are reported on time.
- Perform routine activities in accordance with agreed deadlines, standards and discharge any other task assigned by superiors in a timely and effective manner.
- Strong interpersonal skills with the ability to foster teamwork while handling sensitive and confidential information with discretion.
People Management
- Manage and handle grievances raised by subordinates in a prompt and effective manner and escalate as required.
- Monitor performance of finance personnel on financial and non-financial parameters such as cost savings achieved, internal customer responsiveness, teamwork, and technical acumen
Skills
Who you are
You are a detail-oriented and results-driven Financial Controller with a strong background in financial reporting, budgeting, and regulatory compliance within the financial services industry.
Skills & Competencies:
- High degree of accountability and integrity
- Excellent interpersonal and communication skills
- Strong problem-solving and decision-making capabilities
- Demonstrate strong knowledge in forecasting models, data analysis along with clarity in the application of IFRS & IAS standards.
- High degree of Accountability, Integrity & Responsibility in all tasks assigned.
Education & Qualifications:
- Qualified Finance Professional holding CA / CPA / CMA / ACCA
- Minimum 15 years work experience, with at least 5-10 years in a managerial role in Finance
- Preferably from Financial Services/ Remittance / Insurance/ Banking industries
Assistant Finance Controller – Financial Services
Posted 2 days ago
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Finance Business Partner (Kuwait)
Posted 20 days ago
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Responsibilities:
1.Assist business team on the whole financial process, formulate and optimize financial processes and rules, provide professional financial advice and promote implementation.
2.Support financial matters for new countries/cities launch, ensure smooth business-related financial processes, and control financial risks.
3.Cooperate with professional financial teams such as accounting, tax, reporting, treasury, internal control, etc., to ensure all businesses comply with financial rules.
4.Evaluate the investment and expected return of new business, and provide financial support for business development.
5.Participate in the company's business plan related work, be responsible for the annual financial budget and rolling forecast, and conduct effective budget management together with the business.
6.Gain in-depth understanding of the business, work closely with business partners, establish an effective financial analysis system, conduct in-depth analysis of business operations, identify opportunities and indicate risks.
7.Participate in the construction of financial digitalization and put forward demands and suggestions from the perspective of analysis and monitoring.
Requirements:
1.Bachelor's degree or above, background in corporate finance, accounting, finance or related majors.
2.More than 3 years of experience in finance BP or related positions.
3.Proficient in using financial software, daily work software and statistical analysis methods, with good data processing and analysis capabilities.
4.Have a strong curiosity and entrepreneurial spirit, and eager to learn new things.
5.Have good communication skills and team spirit, and can effectively coordinate and cooperate with different departments.
6.Have a strong sense of responsibility and business sensitivity, think deeply, and possess skills in identifying and resolving issues.
7.Able to use English as the working language.
Nice to have:
1.Have overseas financial management experience in multinational companies.
2.Can use Arabic as the working language.
3.Have work experience in global on-demand/logistics/e-commerce platforms companies.
Job highlights:
1.Overseas business is developing rapidly, chance to grow together with our business.
2.Deeply participate in business operations, get exposed to various financial modules, enhance comprehensive financial capabilities.
#J-18808-LjbffrFinance Business Partner (Kuwait)
Posted 20 days ago
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Financial Analyst
Posted 1 day ago
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Job Summary
The job holder will be an integral part of the finance team providing clear, accurate, and insightful business/financial analysis. They will also contribute to business planning and be included in project work and/or specialist ad hoc reporting.
Job Responsibilities
- Build an understanding of the value drivers of the business.
- Create analytics around key performance indicators to facilitate qualitative reporting. These may include:
- Business performance
- Balance scorecard
- Business development opportunities
- Budgets and forecasts
- Market and revenue analysis
- Promotions and pricing
- Capital expenditure approvals
- Cash flow and working capital
- Cost level analysis
- Customer profitability
- Provide clear analysis to incorporate within the monthly reports designed to allow management to understand key continuing and developing trends.
- Provide support in the business planning and forecasting processes.
- Liaise with business managers in areas of expertise and through confident and clear communication develop a trusted partner status through high-quality support and decision-aiding analysis.
Candidate Requirements
- Professionally Qualified – CA/CPA/CMA/MBA or equivalent.
- 1-3 years of post-qualification professional experience within finance.
- Strong analytical skills; should be capable of identifying and interpreting key business drivers.
- Sound knowledge of financial and management accounting concepts. Previous experience with ERP systems is desirable.
- Self-starter, able to work across functions and in teams. Results-driven, with the ability to perform on unstructured assignments.
- Positive attitude and flexibility to work in a multicultural environment.
- Fluency in English; strong verbal and written communication skills.
- Proficient in Excel and PowerPoint.
Financial Analyst
Posted 19 days ago
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Job Description
Job Responsibilities
Build an understanding of the value drivers of the business. Create analytics around key performance indicators to facilitate qualitative reporting. These may include: Business performance Balance scorecard Business development opportunities Budgets and forecasts Market and revenue analysis Promotions and pricing Capital expenditure approvals Cash flow and working capital Cost level analysis Customer profitability Provide clear analysis to incorporate within the monthly reports designed to allow management to understand key continuing and developing trends. Provide support in the business planning and forecasting processes. Liaise with business managers in areas of expertise and through confident and clear communication develop a trusted partner status through high-quality support and decision-aiding analysis.
Candidate Requirements
Professionally Qualified – CA/CPA/CMA/MBA or equivalent. 1-3 years of post-qualification professional experience within finance. Strong analytical skills; should be capable of identifying and interpreting key business drivers. Sound knowledge of financial and management accounting concepts. Previous experience with ERP systems is desirable. Self-starter, able to work across functions and in teams. Results-driven, with the ability to perform on unstructured assignments. Positive attitude and flexibility to work in a multicultural environment. Fluency in English; strong verbal and written communication skills. Proficient in Excel and PowerPoint.
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Financial Analyst
Posted today
Job Viewed
Job Description
The job holder will be integral part of the finance team providing clear, accurate and insightful business/financial analysis. They job holder will also contribute to business planning and be included in project work and or specialist ad hoc reporting.
Job Responsibilities
- Build an understanding of the value drivers of the business
- Create analytics around key performance indicators to facilitate qualitative reporting. These may include:
- Business performance
- Balance scorecard
- Business development opportunities
- Budgets and forecasts
- Market and revenue analysis
- Promotions and pricing
- Capital expenditure approvals
- Cash flow and working capital
- Cost level analysis
- Customer profitability
- Provide clear analysis to incorporate within the monthly reports designed to allow management to understand key continuing and developing trends
- Provide support in the business planning and forecasting processes
- Liaise with business managers in areas of expertise and through confident and clear communication develop a trusted partner status through high quality support and decision aiding analysis
- Preferable - CA/CPA/CMA/MBA or equivalent.
- 1-3 years of post-qualification professional experience within finance
- Strong analytical skills; should be capable of identifying and interpreting key business drivers.
- Sound knowledge of financial and management accounting concepts. Previous experience with ERP systems is desirable.
- Self-starter, able to work across functions and in teams. Results-driven, with the ability to perform on unstructured assignments
- Positive attitude and flexibility to work in a multicultural environment
- Fluency in English; strong verbal and written communication skills.
- Proficient in Excel and PowerPoint.
Education
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Financial Analyst
Posted today
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- Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries._
Scope:
The Financial Analyst, accountable for developing and using financial early warning forecast systems for the KUWAIT. Provides financial and budgetary forecasts for the region/countries to KUWAIT management for use in short and long-term company financial and budgetary planning. Ensuring reporting system data integrity.
**Responsibilities**:
Sustainable Profitability of the Business
- Developing financial reports to support the region strategy
- High-level financial reporting and analysis
- Support the development of detailed budget and financial forecasts
- Design and maintain early alert process for financial tracking, ensuring accurate data for
all financial results
- Proactively carryout value-added analyses on financial data, supporting and testing information
- Support the Marketing Head in optimizing brand performance across the region and the key brands across the Region.
- Collaborate with financial control personnel to ensure consistent financial data reporting processes and results
- Provide perspective on business results across multiple countries and the Region
- Review statement of receivables with customers on monthly bases
- Review accruals with CFS on monthly bases
- Coordinates with admin team the promo budget
- Establish monthly reporting package, P&L, cash flow, expenses, etc.
- Prepare and submits the Latest Best Estimate (LBE) cycles
- Monitor overdue accounts / Prepare analysis of overdue
- Performs any other task/activity that might from time to time be identified by the manager.
- Data Entry: Enter financial data in a timely manner.
- Prepares financial, statistical and management reports
- Establish and maintains bonus, discount, sales deduction analysis and tracking reports
- Submits the reports and meet deadlines and prioritize multiple tasks.
- Adhere to company prescribed Policies and Procedures and inspire others.
Other Skills and Abilities:
- Effective verbal, written, and client management skills
- Strong time management and organization skills
- Ability to work accurately and effectively under tight deadlines
- Ability to work independently as well as with teams
- Ability to demonstrate good common sense and sound judgment
- Ability to maintain confidentially
- Time Management: Prioritizes work to meet goals and deadlines.
- Willing to travel within the region
- Individual consideration: Coaches, advises, and teaches people who need it.
Key Performance Indicators
- Net Sales and Division margin
- Project and initiate evaluations with concrete recommendations
- Forecast accuracy
- Effective coordination of multiple Country financial processes, resulting in accurate financial planning and analysis for KUWAIT.
**Requirements**:
- Bachelor’s degree in accounting or economics
- Minimum 5 years experience in the same field.
- Multi-national exposure
Working effectively with team or work group or those outside formal line of authority (eg. associates, senior managers) to accomplish organizational goals
Making active attempts to influence events to achieve goals; self-starting rather than accepting passively
Generating creative solutions to work situations; trying different and novel ways to deal with organizational problems and opportunities.
Sr. Financial Analyst
Posted today
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Job Description
- Degree in Finance, Business administration, accounting or related
- Minimum 4-5 years experience required.
- strong knowledge of financial and management accounting with excellent analytical capabilities
- Requirement : Minimum 2 years in the same role
Experience in F&B industry is a must
- Immediate joiners preferred.
- Transferable residency
If interested, forward your resume
Corporate Financial Analyst
Posted today
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- Develop and manage financial models to support strategic initiatives.
- Conduct detailed financial analysis to identify trends, opportunities, and risks.
- Prepare and present financial reports and dashboards to senior management.
- **Budgeting and Forecasting**:
- Lead the annual budgeting process, including preparation of budget templates and consolidation of departmental budgets.
- Monitor and report on budget variances, providing insights and recommendations for corrective actions.
- Update financial forecasts on a regular basis to reflect changing business conditions.
- **Strategic Financial Management**:
- Support strategic decision-making by providing financial insights and recommendations.
- Evaluate potential investment opportunities and perform due diligence on mergers and acquisitions.
- Develop and implement financial strategies to optimize capital structure and improve financial performance.
- **Valuation**:
- Perform company and asset valuations for potential investments, mergers, acquisitions, and other strategic initiatives.
- Develop and maintain valuation models, incorporating various methodologies (e.g., DCF, market multiples, precedent transactions).
- Conduct sensitivity analyses and scenario planning to assess the impact of different assumptions on valuation outcomes.
- **Financial Reporting and Compliance**:
- Ensure accurate and timely financial reporting in accordance with GAAP/IFRS and company policies.
- Coordinate with external auditors during annual audits and ensure compliance with regulatory requirements.
- Implement and maintain internal controls to safeguard company assets and ensure financial integrity.
Pay: From KD600.000 per month
**Experience**:
- Valuation: 3 years (preferred)
- Feasability Report: 3 years (preferred)
- Budgeting and Forecasting: 3 years (preferred)
- Financial Planning and Analysis: 3 years (preferred)