Job Details

Job description

  • Manage the end-to-end accounting function, ensuring accurate and timely recording of financial transactions.
  • Lead monthly and annual account closing processes across all entities.
  • Ensure proper reconciliation of general ledger, bank accounts, intercompany balances, and subsidiary ledgers.
  • Maintain accounting records in compliance with applicable accounting standards and company policies.
  • Prepare and review monthly management reports (MIS), financial statements, and performance dashboards for senior management.
  • Analyze financial results, identify variances against budget and forecasts, and provide actionable insights.
  • Prepare detailed annual budget drafts for management review and facilitate discussions for finalization and approval.
  • Coordinate with department heads to collect budget inputs and ensure alignment with organizational objectives.
  • Lead the preparation of Business Planning, rolling forecasts and financial projections. Monitor budget utilization and ensure effective cost control by tracking actual performance against approved budgets.
  • Develop and enhance reporting tools and systems to improve data accuracy and reporting efficiency
  • Manage overall bank funds, liquidity, and cash flow by monitoring daily cash positions, forecasting cash requirements, optimizing utilization, strong control over bank accounts and fund transfers, overseeing accounts receivable and timely invoicing, monitoring outstanding collections, to resolve disputes, and improving the overall cash conversion cycle.
  • Coordinate and manage internal and external audit requirements. Ensure compliance with VAT, Zakat, and other taxation regulations. Finalize audit reports and address any financial irregularities. Strengthen internal controls and governance practices.  
  • Review and approve supplier payments and other financial transactions. Supervise cash management, accounts payable (AP), and accounts receivable (AR). Approve online transfers and monitor banking transactions.
  • Ensure compliance with the country and international financial reporting standards.  Address financial regulatory requirements from government entities.

Skills

  • 10-15 years of experience in Accounting, Reporting, Financial management and auditing.
  • Accreditation / Licensing: CMA, CPA, or ACCA certification preferred.
  • Experience in real estate preferred.
  • IFRS and GAAP financial reporting standards.
  • Taxation laws, including VAT and Zakat compliance.
  • Financial modeling, budgeting, and forecasting.
  • Advanced proficiency in financial software and ERP systems.
  • Ability to manage multiple financial portfolios simultaneously.
  • Strong analytical and problem-solving abilities.
  • Excellent communication and leadership skills.
  • Arabic language - writing & reading proficiency.


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About ALSHAYA PROPERTY DEVELOPMENT COMPANY
Kuwait, Capital Governorate (Kuwait)