Assistant Finance Controller – Financial Services

Kuwait City, Al Kuwayt Alert International

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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

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Finance Business Partner (Kuwait)

Kuwait City, Al Kuwayt HealthCare Dynamics Gen. Trading Company W.L.L

Posted 18 days ago

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Job Description

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.

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This advertiser has chosen not to accept applicants from your region.

Finance Business Partner (Kuwait)

Kuwait City, Al Kuwayt HealthCare Dynamics Gen. Trading Company W.L.L

Posted 18 days ago

Job Viewed

Tap Again To Close

Job Description

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.

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