Our client is a leading Kuwaiti business with a diverse portfolio across multiple industries. Their philosophy emphasizes developing innovative solutions with vast potential in multiple sectors aiming to create opportunities that foster business growth.What we offer
In addition to a competitive tax-free salary and excellent benefits, you'll work in a professional, collaborative environment with a diverse team and numerous opportunities. Our client offers a rewarding career experience and is excited to connect with individuals seeking new challenges.Who you are
You are a dynamic professional with a proven track record in managing financial risks. Highly analytical and detail-oriented, proactive and strategic thinker. You accurately interpret financial data to guide the finance team and make critical decisions. Self-driven with the ability to focus on key priorities and work independently with minimal supervision.Education & Qualifications:

• Bachelor Degree and Master with minimum 10 - 15 years professional experience in Accounts/Finance
• Qualified Finance Professional holding CA / CPA / CMA / ACCA is mandatory
• Proven work experience at Managerial Level or similar role for at least 5 years with exposure to Automotive Trading/Engineering/ EPC/Contracting/Construction/Remittance/Insurance
• Strong knowledge in business analytics combined with advanced technical skills, working with different stakeholders
• Experience with Enterprise Resource Planning (ERP) software (e.g., SAP, Oracle) and advanced financial systems to improve efficiency, transparency, and decision-making.
• Experience in overseeing Supply Chain Management (SCM), Inventory, Warehouse & Logistics Management

Description
In this role, you will be responsible for supporting the financial management and operations of the company, working under the guidance of the Finance Controller.

• Accounts Closing & Financial Preparation

• Ensure accounting accuracy with adequate validation and checks.
• Preparation of statutory financials every quarter for all entities in BU.
• Ensure intercompany reconciliations are completed every month and balances confirmed with counter party.
• Ensure BRS is completed every month, and no open item remains beyond the last week of the month.
• Ensure year end statutory financials are prepared in compliance with applicable
• Accounting Standards, reviewed for accuracy and submitted to Statutory Auditors with all necessary supporting information and sign off within prescribed timelines.
• Ensure all queries & additional information requested by Statutory Auditors are submitted and closed within set timelines.
• Ensure provisions are analyzed and reviewed for adequacy on a monthly basis.
• Ensure adequate CAPEX control exists in the BU. Additions are processed in
• compliance with policy with necessary justification, comparative quotes etc. Assets are periodically verified, tagged and variances reported, adjustments made with appropriate approvals.
• Ensure financial systems/ modules (ERP, EPM, SAP, CDK etc.) are adequately configured with necessary control and validation checks.
• Receivables & Payables Control

• Receivables

• Ensure appropriate Receivables monitoring & collection process exists in BU.
• Adherence to Group Credit Control policy.
• Ensure necessary documentation is in place to facilitate recovery of dues in case of legal action.
• Exchange of monthly statements and quarterly balance confirmation with customers.
• Dues to be collected within approved credit period.
• Ensure adequate provision is created as per Group policy, also compared with ECL method as per IFRS 9 and maintain whichever is higher.
• Payables

• Ensure appropriate procure to pay process in place.
• Vendor credit terms are periodically reviewed.
• Vendor balances are reconciled monthly and balance confirmations obtained quarterly.
• Cash flow Management

• Ensure effective planning and execution to have positive cash flows month-over-month
• Ensure no idle cash remains in the Business by resorting to,

• repay loan if any and/ or
• invest in FD
• Major unexpected collections and payments to be immediately informed to GT for effective cash management.
• Overhead Control

• Extend complete support to GIA initiatives & verifications.
• Ensure all compliance /responses coordinated with respective stake holders and submitted within stipulated timelines.
• Escalate overdue High Risk open items on priority for resolution and co-ordinate for timely closure.
• All action items assigned to Business stakeholders are followed up and closed within the agreed timeline.

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