Friday, March 8, 2013

Required Deputy Manager Finance - Al Sayer Group, Kuwait

Educational Qualifications and Experience:
Primary: Post Graduate Diploma in Finance with 5 years of experience.
Alternate: Bachelor degree and 8 years of experience.
Linguistic Abilities: English and Arabic is a must.
Certification and Licensure: CFA / ICWA/ CIMA/ CA/ CPA/ ACCA (In order of importance)

Duties:
1. Analyze monthly financials and prepares various Management Reports.
2. Prepare various financial analyses for Management as and when required.
3. Prepare and implement annual budgets for the respective divisions.
4. Plan and forecast sales, inventory levels, optimal fleet size and other important business parameters.
5. Review and propose financial accounting procedures and internal controls.
6. Review and propose automation of the business processes.
7. Liaise with external and internal Auditors and respond to their queries.
8. Analyze Internal Audit report, prepare response to them and implement corrective action if required
9. Ensure that the Quality Management System (QMS) processes are established, implemented, maintained and reviewed.
10. Co-ordinate finance ISO activities with the Certification body and respective Auditors.
11. Validate the Inventory costing and payment vouchers.
12. Organize yearly stock count based on company policy.
13. Organize special stock count as and when required.
14. Prepare Cash Flow statements.
15. Organize detailed Pricing/Profitability/Simulation analysis for normal and special deals.
16. Review access rights of subordinates and recommends access privilege as appropriate.
17. Review customer receivables and all other receivables and liaise with Credit Manager to ensure prompt settlement of company dues.
18. Work closely with General Manager on pricing of inventories.
19. Ensure maintenance of companies Management reporting tool viz. Balance Score Cards.
20. Organize preparation of monthly divisional General Manager's presentation.
21. Review LC’s/LG's documentation at times of operating Managers negotiation with customers.
22. Conduct financial feasibility study on effectiveness of sales campaign / promotions.
23. Report to Management for non compliance of finance and operational policies and procedure.
24. Review Audit schedules.
25. Implement ERP solution.
26. Evaluate the project in terms of financial feasibility study.

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