BASIC RESPONSIBILITIES:
Accounting - Assist in driving the accounting functions under IFRS/CBK regulation, Maintain integrity of General Ledger.
Internal Control- Ensuring that all reconciliation functions are accurately and effectively fulfilled
Directs the review of General Ledger and ensure rectification and reporting of any errors, if any.
Ensure daily reviews & reporting of accounting entries and reconciliation of the same to avoid or eliminate any possible human or system errors that can distort the financial position / figures.
Responsible to ensure timely reconciliation of all sundry accounts and develop and maintain proper and effective follow-up system for any outstanding entries.
Assist in maintaining adequate internal financial control procedures for all financial functions including adequate separation of duties.
Financial analysis & reporting- Supervises the design and implementation of the finance systems and reports in coordination with the ITD to enable timely and efficient reporting
Financial analysis and efficiency framework, capital expenditure control in conjunction with the management, financial and cost / benefit analysis and advice on complex matters relative to financial processes.
Drive the preparation of Quarterly /annual financial accounts, in line with IFRS and relevant regulations.
Review and analyze variations of income, expenses and balance sheet figures and submit to the senior manager with recommendations.
Review the preparation of CBK reporting in line with their regulations and ensure that no audit findings.
Assist in the preparation of the year end accounts in conjunction with External Auditors, CBK's regulations and Head Office directives.
Coordinate the annual audit and taxation exercises and assessments with external auditors.
Respond to queries, compile and provide information on regulatory, taxation and other financial matters
Ensure that the financial statements and returns of the bank are in accordance with the statutory, regulatory and other requirements and in accordance with group standards, procedures and timetables.
Ensure compliance with statutory requirements, rules and regulations and International Financial Reporting Standards.
Expenditure Management- Control expenditure and ensure expenditure is accounted for and delivers value for money.
Planning and Budgeting- Assist in the preparation and submission of the Kuwait annual budgets as per the stipulated HO deadlines and monitor progress towards their achievement, drawing attention to important trends and opportunities to maximize income, reduce cost and minimize risk.
Monitor the operating and capital expenditure to ensure adherence to budgeted limits.
Job Details
| Posted Date: | 2020-02-09 |
| Job Location: | Al Kuwait, Kuwait |
| Job Role: | Finance and Investment |
| Company Industry: | Employment Placement Agencies/Recruiting |
Preferred Candidate
| Career Level: | Mid Career |
| Nationality: | Kuwait |
| Degree: | Master's degree |
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