Overall in-charge of the Finance department and responsible for cost Management, Fund management, proper payment, Salary Reviewing and management reports.
Monitoring & interpreting cash flow & predicting future trends.
Developing Financial Management Mechanism that minimizes Financial risk
Preparing monthly profit and loss statement and Submitting to management
Establish Procedure for Custody & Control of Assets
Evaluate financial reporting systems, accounting and make recommendations for changes to procedure, budget and other financial control system.
Coordinate risk and money insurance programs of exchange to control risks & losses.
Assist in preparation of Budget on annual basis and monitor the performance on regular basis.
Coordinate with Ops and provide fund in timely and effective manner so that funds are utilized properly.
Supervise the fund movements between different banks.
Conduct analysis of late funding and improper utilization wherever applicable.
Prepare Statements/Monthly reports to management in timely manner.
Conduct analysis of any delay reports
Collect all details such as Overtime, ticket, Cash shortage, advance for processing salary.
Run and review the Salary Reports
Receive requirements for WPS payment and provide cash requirements.
Ensure timely processing of WPS payments
Confirming the amount to WPS in case of refund to customers.
Monitor the Kuwaiti Dinar & Foreign Exchange limits are maintained in the branches in Coordination with Ops Manager.
Ensure payment to Supplier's in timely and correct manner
Conduct analysis of late and wrong payment
Receive invoices from the respective departments
Verify the invoices with respect to Delivery order/ Purchase Order