Head Of Finance

XcwJRDFY - Kuwait - Kuwait

As a Head of Finance in Kuwait, you will be responsible for overseeing all financial activities of the company and ensuring its financial sustainability. You will be managing a team and providing strategic financial guidance to the senior management. The ideal candidate will have a strong background in finance and accounting, excellent leadership skills, and a deep understanding of financial regulations and practices in Kuwait in the FMCG industry.

Responsibilities:

  1. Oversee and manage all financial activities of the company, including budgeting, forecasting, financial reporting, and analysis.
  2. Develop and implement financial policies, procedures, and controls to ensure compliance with local regulations and best practices.
  3. Lead the annual budgeting process and provide guidance to senior management on financial targets and performance indicators.
  4. Prepare and present financial reports and analysis to the senior management team and external stakeholders.
  5. Manage the company's cash flow, including forecasting and optimizing working capital.
  6. Ensure accurate and timely completion of financial statements, tax filings, and other regulatory requirements.
  7. Monitor and analyze financial performance, identify areas of improvement, and propose action plans to drive profitability and efficiency.
  8. Collaborate with other departments and BUs to support business decision-making, evaluate investment opportunities, and assess financial risks.
  9. Manage and develop a high-performing finance team, including hiring, training, and performance management.
  10. Stay updated with changes in financial regulations and industry trends, and proactively advise the senior management on potential impacts.

Preferred Candidate:

  1. Minimum 5 years of experience in a Financial Leadership role in FMCG industry, preferably in Kuwait or the Middle East.
  2. Bachelor's degree in finance, accounting, or a related field. Professional certifications such as CFA or CPA are highly desirable.
  3. Strong knowledge of Kuwaiti financial regulations and practices.
  4. Proven track record in financial planning, budgeting, and financial analysis.
  5. Experience in managing a team and providing leadership in a complex and dynamic business environment.
  6. Background in ERP system implementation, Key ERP Project management, MS dynamics 365, influence & network as a Key Advisory role.
  7. Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders and cross functions at all levels.
  8. Strategic mindset and ability to think critically and analytically.
  9. Strong problem-solving skills and ability to work under pressure.
  10. Proficiency in financial management software and advanced Excel skills.
  11. Fluency in English and Arabic.


Skills

  • Financial planning and analysis
  • Financial reporting and compliance
  • Budgeting and forecasting
  • Strategic financial management
  • Leadership and team management
  • Stakeholder Management
Post date: 21 February 2024
Publisher: Bayt
Post date: 21 February 2024
Publisher: Bayt