Financial Operations Manager

2 days ago


Kuwait City, Al Asimah EARTH ROASTERY Full time

EARTH ROASTERY is a fast-paced organization that requires a skilled Financial Operations Manager to lead our financial team. This role involves managing financial transactions, preparing accurate reports, controlling cash flow, and ensuring compliance with financial regulations.

Responsibilities include:

  1. Bank Transaction Oversight: Oversee company bank transactions, ensuring accuracy and compliance. Monitor financial activities across multiple business units and ensure timely reconciliation of bank statements.
  2. Monthly Reporting: Supervise the preparation of monthly Balance Sheets and Profit & Loss reports. Prepare and submit detailed financial reports to senior leadership for review and ensure compliance with financial regulations.
  3. Financial Planning and Budgeting: Develop financial reports to evaluate cash flow stability and forecast future financial needs. Create annual budgets and monitor financial performance to meet business objectives.
  4. Payroll and Benefits Administration: Implement financial controls to optimize cost efficiency and profitability. Oversee payroll processes, ensuring timely and accurate salary disbursements in coordination with HR.
  5. Cash Flow Management: Monitor inventory and optimize cash flow by closely managing operational costs related to products, tools, and equipment. Collaborate with relevant teams to ensure cost-effective inventory practices.
  6. Expense Reimbursement and Petty Cash Management: Manage operational expenses and petty cash allocations to ensure efficient business operations. Review and approve departmental expense reports and track expenditures for cost-saving opportunities.
  7. Regulatory Compliance: Ensure adherence to local tax laws and financial regulations. Prepare and submit tax returns, financial statements, and regulatory reports, working closely with external auditors and authorities.
  8. Strategic Decision-Making: Analyze financial data and market trends to identify risks and opportunities. Develop and implement financial strategies to improve profitability and provide insights for strategic decision-making.

Requirements:

  1. 3+ years of experience in financial management, accounting, or a related field.
  2. Strong analytical skills and attention to detail.
  3. Excellent communication and leadership skills.
  4. In-depth knowledge of financial regulations.


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