Finance Director

2 weeks ago


Kuwait City, Al Asimah Search | Select | Hire Talent Full time

Our client, founded over a decade ago, has evolved from a single location into a multifaceted organisation with a presence in multiple sectors and offices in Kuwait and the UAE. It manages a diverse portfolio of businesses that provide high-quality services and products, combining expertise, innovation, and customer-centricity.

The company is dedicated to enhancing customer experiences through its range of offerings, which include personal care services, F&B, retail solutions, and specialised wellness and healthcare services. Its establishments are known for delivering excellence, whether through state-of-the-art facilities, innovative product selections, or highly skilled professionals.

THE ROLE

The Finance Director will play a pivotal role in managing the financial operations of our client, encompassing various sectors such as Healthcare, Food & Beverage, E-commerce, Retail, and Beauty across Kuwait and the UAE. This position is integral to driving financial strategy, ensuring compliance, and providing insights to support growth and profitability across all business lines.

PRIMARY RESPONSIBILITIES

Financial Strategy and Analysis

  • Lead the development of budgets, forecasts, and financial models across business units.
  • Analyse financial performance through variance reports and key performance indicators.
  • Deliver comprehensive financial reports and insights to senior leadership on a periodic basis.

Strategic Guidance

  • Offer actionable recommendations to enhance profitability and optimise resource allocation.
  • Identify financial risks and devise mitigation strategies.
  • Collaborate with operational teams to uncover cost-efficiency opportunities.

Accounting and Regulatory Compliance

  • Ensure accurate financial reporting in adherence to IFRS and regional regulatory requirements in Kuwait and the UAE.
  • Oversee tax compliance, audits, and statutory filings.
  • Establish and maintain internal controls to safeguard assets and uphold financial integrity.

Leadership and Team Development

  • Oversee and develop the finance team across multiple locations, fostering a culture of excellence and accountability.
  • Facilitate ongoing training and professional growth for team members.

Cash Flow and Treasury Management

  • Monitor liquidity to support operational and strategic needs.
  • Maintain and strengthen banking relationships and secure financing when necessary.
  • Oversee payment processes to ensure timely settlements.
  • Partner with divisional heads to provide tailored financial insights and strategies for their specific needs (e.g., pricing for E-commerce, cost control for F&B).
  • Align divisional financial operations with the organisation's overall goals.

Systems and Process Optimisation

  • Implement advanced financial tools and systems to enhance operational efficiency.
  • Streamline and standardise processes across regions for improved performance.

Stakeholder and Regulatory Engagement

  • Act as the primary finance liaison for external auditors, tax authorities, and regulatory bodies.
  • Represent the finance department in key meetings with stakeholders.

REQUIREMENTS

  • Bachelors degree in Finance, Accounting, or a related field (Masters degree is advantageous).
  • Professional certification (e.g., CPA, CMA, ACCA) is preferred.
  • A minimum of 8-10 years of progressive finance experience, with a minimum of 3 years in a leadership capacity.
  • Strong understanding of IFRS and regional compliance regulations in Kuwait and the UAE.
  • Proven success in managing financial operations across diverse industries (healthcare, F&B, retail, etc.).
  • Proficient in financial software and tools, including ERP systems and advanced Excel.
  • Exceptional leadership, communication, and analytical skills.
  • Ability to thrive in a dynamic, multicultural environment.

ONLY CANDIDATES WHO MATCH THE ENTIRE CRITERIA WILL BE CONTACTED.

Required Skills:

Tax Leadership, Treasury Management, Strategy, Financial Performance, Analytical Skills, Financial Reporting, FMCG, Regulatory Requirements, Regulatory Compliance, Communication, Consumer Goods, Excel, Regulations, E-commerce, Finance, Cash Flow, CPA, Analysis, Internal Controls, Cost Control, Accounting.

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