JOB DESCRIPTION BASIC INFORMATION ON THE ROLE Position Name Finance Director Job Code Finance Director Department Finance & Accounts Reporting To Managing Partner Direct Reports Finance & Accounts Team SECTION I: JOB PURPOSE To oversee the management of finance and accounts departments of the group companies as well as direct the preparation of financial reports. SECTION II: KEY RESPONSIBILITIES Core Responsibilities: \xe2\x97\x8f Contributing to strategic planning and decision making at the executive level to develop and implement a financial strategy. \xe2\x97\x8f Managing the group\xe2\x80\x99s liquidity and cash needs astutely and efficiently. \xe2\x97\x8f Overseeing all accounting functions and preparing reports in compliance with appropriate legal requirements. \xe2\x97\x8f Supervising of the legal structurin g* and due diligence surrounding real estate* acquisitions as well as the negotiation of their financing. \xe2\x97\x8f Overseeing the accounting operations of our foreign investment vehicles, their control systems, transaction-processing operations etc. \xe2\x97\x8f Establishing and maintaining positive relationships with banks, Investment Analysts and other financial institutions. \xe2\x97\x8f Contributing to the development of strategies to obtain optimal insurance coverage for the organization\'s assets and liabilities. Key \xe2\x97\x8f Evaluating proposed business activities and transactions such as acquisitions , Responsibilities: investments, capital expenditure, divestitures, mergers or sale of assets to ensure they are financially viable. \xe2\x97\x8f Overseeing budgets, forecasts, cash flow, liquidity, projects, periodic financial statements and other management reports. \xe2\x97\x8f Responsible for finalization of the group consolidated financials in line with GAAP, statutory audit, management of audit plan, coordination with auditors, quarter end and year end procedures, IFRS issues and group reporting forms. \xe2\x97\x8f Financial analysis and due diligence of projects and investments as well as development of business plans for the financial year. \xe2\x97\x8f Dealing with internal and external parties for local and international investments. \xe2\x97\x8f Overseeing all tax and regulatory compliance for local and international entities. \xe2\x97\x8f Timely communication of key financial information to Owners/BOD on a regular basis. \xe2\x97\x8f Creating and applying policies and procedures to enhance operations and fiscal controls within the accounts and finance department. \xe2\x97\x8f Any other task that may be assigned by the Board of Directors and/or the CEO as appropriate. People Management: \xe2\x97\x8f Monitoring the progress of the function and evaluate junior staff achievements. \xe2\x97\x8f Contributing to staff development activities through team development, setting Key Performance Indicators and driving motivation. \xe2\x97\x8f Participating in the feasibility/business development opportunities to ensure that the financials are sound, and the risks are addressed. Self-Management: \xe2\x97\x8f Maintaining the highest level of integrity in carrying out the job. \xe2\x97\x8f Achieving the highest levels of proficiency in all skills required to perform the role. \xe2\x97\x8f Ensuring that performance goals set by and agreed with management are achieved during the course of the year. \xe2\x97\x8f Developing creative solutions and identifying alternatives relating to finance department management. SECTION III: KNOWLEDGE, SKILLS & COMPETENCIES Educational \xe2\x97\x8f Master\xe2\x80\x99s degree in Accounting/Finance and relevant professional certification, preferably Qualifications CA/CPA/ CFA/ACCA. Behavioral \xe2\x97\x8f High level of care, reliability, and a solid reputation. Competencies \xe2\x97\x8f Excellent communication skills. \xe2\x97\x8f Excellent time management skills and a flexible approach to changing priorities. \xe2\x97\x8f Excellent presentation skills. \xe2\x97\x8f Curious mind with an attention to detail. Language Skills \xe2\x97\x8f Excellent written and Spoken English is essential. Arabic language is an added advantage. Years of \xe2\x97\x8f Minimum 5 to 10 years of experience as a finance manager with a reputed organization. Experience Nature of \xe2\x97\x8f Prior Kuwait or GCC real-estate, treasury operations experience is an added advantage. Experience SECTION IV: KEY INTERACTIONS Key internal Purpose of interaction: contacts: Managing Partner: - Clarification updates about tasks and projects assigned. - Discussions based on reports submitted periodically. - Feedback based on the financial information about proposed investments. - Discussion of planned changes in policies and procedures of the department. - Discussion based on financials of group companies\xe2\x80\x99 pre-and post-audits. - Suggestions to enhance operational efficiency and profitability of group companies. ------------------------ Function Heads: - Interact with functional heads as and when required to carry out the job responsibilities. Key external Purpose of interaction: contacts: Banks - Account related information, new facilities, etc. ----------------------- Auditors - Annual audits of finances HOW TO APPLY Please use the link (https://airtable.com/shrpcve1rbuEzeQFG) to complete the job application form. Also, select the above-mentioned job position and job reference code while completing the form. Note: We thank all applicants for their interest, however only those candidates selected for interviews will be contacted. Job Types: Full-time, Permanent Salary: From KD0.100 per month COVID-19 considerations:
All candidates are required to wear a mask and follow COVID-19 precautions.