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Finance Manager

10.00 to 12.00 Years   Al Kuwait, Kuwait   13 Dec, 2022
Job LocationAl Kuwait, Kuwait
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryFMCG
Functional AreaNot Mentioned

Job Description

Oversee the preparation and control of overall organizational budget/forecast and plan, and ensure the effectiveness of the financial control, continuously monitoring business spending against business plans and budgets/forecastsContribute to the development of financial reports to determine forecasts, trends and results analysis and provide financial support for various unitsProvide the required reports to the external stakeholders as per the local tax and commercial lawsReview accuracy of financial reports and ensure cash payments are within approved budgetsEnsure proper accounting and forecasting of each unit?s financial resultsPlan and conduct comprehensive studies to determine cost of business activities and improve the operational and financial effectiveness of the assigned company or business unitWork with management to analyze cost and revenues, including advices about financial implications on particular undertaking or projectMonitor spending and financial control through identification of potential risks of the assigned company or Business UnitRecommend adjustments and cost improvement measuresRecord, classify and report financial transactions and events in accordance with generally accepted accounting principlesReview costs and perform cost/benefit analysis related to projects and/or programs and ensure that the business is run in compliance with the different regulations such as tax and commercial lawsWork and coordinate with the central credit division to optimize and resolve issues related to the collectionsDefine goals and key performance indicators for each member of the teamDirect planning and selection of manpower in the designated Division, in line with the business and operational plansEnsure high level of employee engagement and capability development by providing on-going feedback and coaching team members within Division

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