Kuwait City, Kuwait

Assistant Finance Manager

 Job Description:

To ensure timely and accurate execution of short- and long-term financial operations and reports, based on financial and accounting systems and practices that comply with international and locally accepted regulations, practices, local laws. Internal norms and Islamic Shariah principles.

  • Main Responsibilities:
  • Preparation of company's quarterly & yearend financial statements in accordance with IFRS.
  • Preparation of monthly management account shows a balance sheet, a statement of profit and loss, and other related notes.
  • Assist in the Companys quarterly & year end CMA & CBK reports.
  • Assist in the work with external audit for quarters review and for the yearend audit.
  • Assist in work with internal auditors to ensure that internal policies and guidelines around financial reporting mechanisms are functional and adequate.
  • Assist with Tax consultant to Prepare of Tax declarations for the company.
  • Assist in work with other departments (investment, operation, HR, Risk & Legal).
  • Assist in company annual budget as a tool for controlling, motivating, and communicating.
  • Assist in managing and controlling expenses and capital expenditure & explain the variances between actual and budgeted costs.
  • Assist in financial reports required by laws and regulations and ensure the timely submission of these reports.
  • Assist in the required reports needed by High management.
  • Assist in monthly and quarterly management accounts required by parent company.
  • Review collection reports to determine the status of collections and the amounts of outstanding balances.
  • Participation in project work where applicable.
  • Education: Bachelors degree in finance or accounting
  • Experience: 8-10 years of related experience in financial services or Investment Institutional, preferred with audit background.
  • Qualifications and Skills:
  • Strong organizational, analytical and interpersonal skills.
  • Self-motivated, Team Leader with a positive attitude Excellent communication skill, both written and verbal.
  • Proficient in Microsoft Office.
  Required Skills:

HR Capital Balance Operations Financial Services Balance Sheet Participation Tax Financial Statements Financial Reporting Expenses Interpersonal Skills Regulations Education Preparation Accounting Finance Microsoft Office Communication Management