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Assistant Accounts Manager - Finance - Kuwait

5.00 to 7.00 Years   Kuwait , Gulf   03 May, 2023
Alshaya Group
Job LocationKuwait , Gulf
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetailing
Functional AreaNot Mentioned

Job Description

Finance Our multi-disciplined finance teams support and improve business performance while maintaining effective and robust control. We have teams working within our retail divisions reviewing financial performance, identifying trends, spotting opportunities and supporting business planning and decision making. In our Central Finance Team, business performance is recorded, reported and analyzed on a monthly, quarterly and annual basis. Finance staff also play an active role in the review and enhancement of business processes and technology usage. Role Profile:Monitor and oversee accounting functions and transactions. Ensure internal controls are implemented within policy and procedure and accounting standards, and appropriate external requirements/liaison. Supervise and guide assigned team to meet deadlines and department objectives. The below Key Performance Areas include but are not limited to:Review and verify the work of assigned team of Accountants. Ensure the accuracy and integrity of transactions and financial information.

  • Communicate and allocate work requirements, priorities, expectations, and responsibilities. Guide/train team members on work procedures and systems.
  • Motivate team members to create a productive and cordial atmosphere that meets deadlines and achieves objectives.
Monitor standards and timely production of reports generated by the Accountant team.
  • Undertake analysis of/consolidation of reports, producing summary reports and analysis for higher management, internal/external Audit, Suppliers, Banks, and Customers.
  • Update financial records from physical inventory Reports/reconciliation.
  • Produce other specific or adhoc reports as required.
Gather information and act as authorized to initiate cash flow and funds availability requirements according to standing orders including (payments calendar), budgets, history (patterns of expense) and specific requirements.
  • Monitor inflow/outflow of liquid cash (sales, collections, floats) ensuring compliance with policies/procedures for cash handling and security.
  • Undertake/supervise all related bank reconciliation.
Maintain CAPEX database by country by location. Monitor expense movements against budgets and reports variance.
  • Arrange funds to suppliers as per contracts.
  • Produce financial progress report for Project Team.
  • Resolve issues relating to payments/approval as per Company Policy/Procedures and budgets.
Knowledge:
  • Degree / Post Graduate in Accounting.
  • Financial, Commercial & Islamic regulation.
  • Retail Business operations.
  • Automated Business systems.
Experience:
  • 5 -7 years in a medium - to - large enterprises accounting environment.
Additional role requirements and skills:
  • Accounting and Analytical skills.
  • Advanced PC / MS Office package skills.
  • Interpersonal skills.
  • Cross - functional communication skills.
  • Thorough knowledge of accounting standards and practices.
  • Finalization of accounting for monthly, annual closing and audit.
  • Ensure company operates in accordance to all local country law requirements and with international accounting standards.
  • Good understanding of tax norms and ensure to meet tax deadlines.
About Us:Alshaya Group is a dynamic family-owned enterprise which was first established in Kuwait in 1890. With a consistent record of growth and innovation, Alshaya Group is one of the worlds leading brand franchise operators, offering customers an unparalleled choice of well-loved international brands, including: Starbucks, H&M, Mothercare, Debenhams, Cos, American Eagle Outfitters, P.F. Changs, The Cheesecake Factory, The Body Shop, M.A.C, Victorias Secret, Boots, Vavavoom, Pottery Barn and KidZania. Alshaya Groups portfolio extends across MENA, Russia, Turkey, and Europe, with thousands of stores, cafes, restaurants and leisure destinations, as well as a growing online and digital business. Operating in multiple sectors including Fashion, Food, Health & Beauty, Pharmacy, Home Furnishings and Leisure & Entertainment, Alshaya Group colleagues are united by a commitment to delivering great customer service and brand experiences. Fresh, modern, and relevant, Alshayas constantly evolving retail portfolio reflects the choices and lifestyle of its customers. From flagship stores and restaurants in prestige malls, to local coffee shops, drive-thrus and online, Alshaya Group brings customers the brands they love in the places they want to be.

Keyskills :

About Company

Alshaya Group is a family-owned enterprise, first established in Kuwait in 1890. With a consistent record of growth and innovation, Alshaya Group is one of the world’s leading brand franchise operators, offering an unparalleled choice of well-loved international brands to customers

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