Management Accountant

3 weeks ago


Kuwait City NEW Mowasat Hospital Full time
  1. Prepares Monthly, Periodical & Annual Financial Statements. Ensures that all the General Ledger accounts are reconciled, Balance confirmations obtained, Inter Company Accounts cleared and Balance Sheet Schedules maintained.
  2. Introduces Cost Ledger & Cost Accounting System for the Hospital; Cost classification in terms of Fixed/ Variable, Direct/ Indirect, Cost Analysis, Service Costing, identifies the wastages & advises Management on Cost Reduction strategies.
  3. Deals with Foreign Currency translations, procurement of best rates and identifies the Cash Resources of the Hospital
  4. Maintains sufficient balance in current account and channelizes surplus in short term deposits.
  5. Stands responsible for approving the preparation and release of Cheques.
  6. Deals with Treasury management; plans for payroll funds from the beginning of each month and day-to-day cash management
  7. Defines and controls the Pricing of Services/ Package, advises the Finance Manager & CFO on various Pricing Strategies.
  8. Conducts Project Feasibility studies with the objective of investing the Group resources profitably; identifies new investment opportunities, conducts Project appraisals & analysis.
  9. Prepares Strategic Budgets for the Hospital, Budget negotiation, approval, communication, implementation & initiates extensive Budgetary Control through the system.
  10. Supports Finance Manager in preparation of business plan, budget & reviews.

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