This job is no longer available
Finance Manager
-
Location
-
Kuwait
-
Salary
-
Competitive
-
Posted
-
29 Aug 2018
-
Closes
-
29 Oct 2018
- Preparation of monthly, quarterly and annual financial reports.
- Liaise with auditors for quarterly and annual review and final audit.
- Take care of all tax and statutory compliance.
- Provide analytical support to Head of country and continually improves financial systems and data.
- Work with the local Operations team to produce robust budgets and forecasts for all sales and cost areas.
- Identify risks and opportunity areas to the forecast.
- Present monthly forecasting figures to the Operations team.
- Effectively plan cash flow and manage working capital needs.
- Provides weekly performance reporting to the Operations team highlighting trends ad opportunities to assist in improving profits, margins and reducing costs.
- Prepare detailed P&Ls to the Retail team, highlighting poor performance and opportunities.
- Identify and deliver financial training to support the Operations team.
- Liaise with the Corporate Finance team on key areas of financial control.
- Work with local Operations team to ensure ordering and receipting is done effectively.
- Ensure all weekly/periodic data is collected and credited and period end numbers are reviewed.
- Cash and Bank Management on a daily basis, from controlling of cash to sales reconciliation performed by the finance team.
- Management of day-to-day controls on accounting transactions as per group requirement.
- Preparation of payroll and finance related statutory compliances on a monthly, quarterly and annual basis.
- Controlling of accounts receivable and payable, vendor reconciliations and vendor management.
- Liaise with the bankers and other authorities as and when required.
- Key Performance Indicators:
- Timely and accurate financial reporting
- Periodic budget and actual performance analysis
- Inventory and working capital management
