Sr. Accounts Team Lead
11 hours ago
Responsibilities:
- Ensure accurate and timely recording of all financial transactions.
- Maintain the general ledger and oversee month-end and year-end closing processes.
- Review journal entries, account reconciliations, and financial adjustments.
- Supervise supplier invoice processing and payment approvals.
- Verify monthly, quarterly, and annual financial statements.
- Analyze profit margins, product-level costs, and business unit performance.
- Assist in budgeting and forecasting for inventory and trading operations.
- Prepare management financial projections and forecasts.
- Develop annual budgets and financial forecasts.
- Track budget utilization and prepare variance reports with explanations.
- Forecast fund requirements based on payables and upcoming projects.
- Lead and supervise a team of accountants and finance assistants.
- Support the management in decision-making with relevant financial inputs.
Minimum Requirements:
- Bachelor's degree in accounting or finance, 6+ years of experience in accounting (preferably in Kuwait and retail/trading business)
- Proficiency in accounting software
- Strong analytical skills
- Fluency in English (Arabic is a plus)
Mandatory Requirements:
- Experience of managing team.
- Proven experience of budgeting, forecasting and Annual closing processes.
Job Type: Full-time
Ability to commute/relocate:
- Kuwait City: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- Do you have in dept knowledge of Generating Financial Statements (Profit & Loss, Cash Flow, etc) ?
Experience:
- Accounting and Team Management : 8 years (Required)
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