Senior Financial Manager

2 days ago


Kuwait City, Al Asimah HealthCare Dynamics Gen. Trading Company W.L.L Full time
Job Overview

HealthCare Dynamics Gen. Trading Company W.L.L seeks a highly skilled Senior Accountant to join their team. As a key member of the finance department, this individual will be responsible for maintaining the company's financial records, ensuring accuracy and compliance with regulations.

Key Responsibilities
  • Accounts Receivable (AR) Management & Accounts Payable (AP) Management
  • Manage the full AP cycle, including receipt of invoices, tracking payments, coordinating with outsourced service providers and maintaining accurate records.
  • Work closely with vendors to resolve any billing issues or disputes and perform SOA reconciliations.
  • Perform sales reconciliations, collaborate with business stakeholders for shortages and proactively follow up on outstanding balances to ensure timely collections.
  • Analyze aging reports and implement strategies to minimize overdue balances.
General Ledger Entries:
  • Prepare and post daily, weekly, and monthly GL entries.
  • Ensure all financial transactions are accurately recorded in the GL.
  • Reconcile GL accounts and resolve any discrepancies in a timely manner.
  • Assist in maintaining an organized and up-to-date chart of accounts.
  • Inter-company reconciliations
Monthly Financial Closing:
  • Lead the monthly financial close process, ensuring all deadlines are met.
  • Prepare and review journal entries, accruals, and adjustments.
  • Ensure all balance sheet accounts are reconciled and discrepancies are addressed.
  • Collaborate with the finance team to prepare monthly financial statements and reports.
Product Costing:
  • Analyze product costs, develop and maintain standard costing for products and services.
  • Provide insights and recommendations to improve cost efficiency.
  • Support pricing strategies by providing accurate costing data.
Financial Reporting & Compliance:
  • Assist in the preparation of financial statements in accordance with reporting standards.
  • Ensure compliance with internal controls, policies, and external regulations.
  • Participate in audits and assist with the preparation of audit schedules.
Continuous Improvement:
  • Identify opportunities to streamline and improve accounting processes.
  • Implement best practices to enhance the accuracy and efficiency of financial operations.
  • Provide mentorship and support to junior accounting staff.

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