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Senior Finance Professional, Kuwait
Senior Finance Professional
Company: Global Investment House  
Location:   Kuwait  
Remuneration:   US$ 100000 - US$ 200000  
Position Type:   Employee  
Employment type:   Full time  
Updated:   06 Jan 2009  
eFC Ref no:   453316  
 
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Accountable: Developing and managing the Accounts & Reconciliation unit Overseeing the day-to-day operations of the unit Developing the unit’s budget/plan in line with the Firm's strategy Ensuring that all targets are met or exceeded Producing, reviewing and consolidating the Firm's financial statements & quarterly/annual reports

Key Roles:

Prepare all consolidated financial statements and ensure they are finalized and submitted  in a timely manner and in adherence with set standards

Prepare and issue the Firm's quarterly and annual reports (liaising closely with external auditors) & financial publications

Prepare monthly balance sheet and income statement.

Ensure the accurate booking of all significant transactions, accruals provisions, prepayment and other entries for periodic and annual account closing.

Monitor/review all expenses at group-wide level. Ensure adherence to expense authorities and guidelines and proper posting to G/L

Maintain the Firm's GL structure and perform accounts reconciliation  4Maintain the Firm's fixed assets register & perform fixed assets accounting

Control key receivables, payables and suspense accounts

Develop and amend the chart of accounts to accommodate the Firm's changing requirements

Monitor/review expenses  budget and ensure adequate approvals are granted for large/unbudgeted transactions (in close liaison with Budgeting and MIS)

Oversee the nostro and inter-branch reconciliation process and ensure effective control over all nostro and inter-branch accounts.

Participate in major system upgrades from the accounts perspective

Support CFO on matters such as accounting policies, budgets and financial statements.  

 Job Requirements:

Education: Graduate degree in Finance or Accounting from a recognized university. ACA/CPA a must.

Experience: 15 - 20 years in Finance/ Accounting with a leading bank or investment company of which at least 5 years in a similar position. Exposure to the MENA region is a plus

Competencies: –Fluent in English & Arabic – Excellent analytical and modeling skills – Strong interpersonal, communication and presentation skills (both verbal and written communication skills) –Proven ability to deliver major projects against tight timelines –Thorough understanding of accounting & financial standards & principles –Detail oriented –Advanced knowledge of international accounting standards, fiscal  laws and regulations  

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Company:
Global Investment House
Website:
http://www.globalinv.net/default.asp?lf=1
Recruiter Ref:
F&A/012/08

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