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Financial Manager

3 weeks ago


Kuwait City, Al Asimah beBee Careers Full time

Job Overview:

The Finance and Accounts Manager plays a vital role in ensuring the financial health and integrity of the company by overseeing accounting functions, maintaining the ERP system, and supervising junior officers. This position involves working closely with senior management to support key financial decision-making and reporting.

Key Responsibilities:

  • ERP System Management: Run and maintain the company's ERP system to ensure accurate and real-time financial data processing.
  • Financial Reporting & Accounts: Prepare monthly financial statements, including profit and loss accounts, balance sheets, and cash flow statements. Ensure that all accounts are closed on time and in compliance with local regulations.
  • Team Leadership: Manage a junior officer in the data-entry team, providing oversight and guidance on all financial data-entry tasks to ensure accuracy and efficiency.
  • Tax & Compliance: Ensure compliance with local tax laws, including corporate tax filings and other statutory obligations.
  • Payroll & Bank Reconciliations: Oversee accounts payable, accounts receivable, payroll processing, and perform regular bank reconciliations.
  • Budgeting & Forecasting: Assist in preparing budgets, forecasts, and financial planning for company operations.
  • Financial Policies & Controls: Develop and implement internal financial policies and controls to mitigate risks and safeguard company assets.
  • External Communication: Serve as the primary point of contact for all communication with external auditors, regulatory bodies, and banks.
  • Strategic Decision Support: Provide insightful financial analysis and recommendations to senior management to guide strategic decisions.
  • Timely Execution: Ensure all financial activities are completed promptly, meeting deadlines and maintaining transparency in financial operations.