Financial Operations Director

1 week ago


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

The Corporate Finance Executive will play a pivotal role in managing the financial operations of our client across various sectors, including Healthcare, Food & Beverage, E-commerce, Retail, and Beauty in 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.

  • Key Responsibilities:
  • Financial Strategy and Analysis
    • Develop 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.
  • Cross-Division Financial Support
    • 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 Optimization
    • 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.


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