Senior Accountant

3 weeks ago


Kuwait City, Al Asimah Sharq Investment Co. (K.S.C.C.) Full time

Prepare and direct the preparation of financial accounting statements and management reports in accordance with International Accounting Standards approved by CMA; analysis and interpretation of management accounting information; preparation of budgets and forecasts; and implementation and monitoring of financial controls at the company.

Responsibilities:

  1. Contribute towards the development and fulfillment of the company's long-term strategy in coordination with the CFO.
  2. Ensure accurate recording of transactions and posting of entries into the financial and accounting systems.
  3. Prepare timely and accurate financial statements in accordance with International Accounting Standards approved by CMA & Central Bank of Kuwait.
  4. Prepare the company's Capital Adequacy reports accurately and on time.
  5. Assist in compiling the annual budget, review variances, and report accordingly.
  6. Implement financial control processes, ensuring compliance with standards, laws, and regulations.
  7. Coordinate with departments to gather financial data for controls and budgeting.
  8. Analyze expenditure requests and oversee policies for capital expenditure, budgeting, control, and reporting.
  9. Prepare payments, ensuring compliance with contractual terms.
  10. Manage cash flow and surplus funds investments.
  11. Support external audits with necessary documentation and act as liaison during audits.
  12. Prepare vouchers, ledger entries, trial balances, financial statements, and perform reconciliations.
  13. Stay updated on changes in financial reporting standards to ensure compliance.

Qualifications:

  • Bachelor's Degree required.

Experience:

  • 5-7 years of relevant experience, preferably in the investment industry.

Additional Details:

  • Seniority Level: Mid-Senior level
  • Employment Type: Contract, Full-time
  • Job Function: Accounting/Auditing and Finance
  • Industry: Investment Management
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