Job Description

Department: Finance & Accounts
Date Posted: 10-01-2023
Description
  • Assist the Financial Manager in implementing the investment plans for GEC and preparing the annual operating and capital budgets
  • Coordinate with the manager in developing strategies based on perspectives of historical performance, the competitive landscape, business unit opportunities, and financing capabilities.
  • Assist the manager in analyzing the financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions
  • Conduct research, as directed by the Manager to provide analysis of -a. The direction of markets, and the relative attractions of investments in different geographies/ projects/ sectors.b. The impact of economic influences on each industry and potential market-moving events.c. The macroeconomic factors that influence the economies of countries in Middle East and throughout the world.
  • Interpret data affecting investment programs, such as price, yield, and stability, future trends in investment risks, and economic influences and Prepare plan of action for investment based on financial analyses.
  • Determine changes that will enhance value for GEC and, if so, what types of transactions, investments, or moves would be optimal.
  • Analyze key operational performance metrics to understand drivers of revenue, expenses and operational risks.
  • Detect liquidity trends by appraising GEC\xe2\x80\x99s "working capital" ratio. This ratio measures a GEC\xe2\x80\x99s short-term cash availability and equals current assets minus current liabilities.
  • Evaluate and compare the relative quality of various securities in a given industry; Liaise with banks and financial institutions with regard to day to day treasury operations.
  • Develop and manage financial forecasting models and tools to support financial planning and forecasting processes on a companywide basis.
  • Conduct preliminary analysis of overall (cross industry/ geography) investment opportunities.
  • Check import and export LCs and check credit limits as sanctioned by banks
  • Execute all activities required for investments in different asset classes, e.g., Real Estate, Equities and through different instruments, e.g., portfolio, direct investments.
  • Determine the rates of return on investments to ensure that investment objectives are achieved and to recommend changes as required.
  • Advise the organization on the suitability of investments to ensure the best returns consistent with the investment policy.
  • Provide information to Finance & Accounts section for incorporation of investments related entries in the book of accounts.
Qualification / Experience / Skills
  • Bachelor Degree in Finance /Accounts/Commerce with minimum 8 years of experience in similar position in MEP Industry.
  • Advanced Computers skills in MS Office and other software\xe2\x80\x99s (Oracle).
  • Knowledge of accounting principles, principles and practices of operational cost accounting, Budgeting ,cash management techniques, country financial codes, rules, and regulations related to fiscal operation & Database software Application.
  • Excellent interpersonal and communication skills
  • High level of integrity and dependability

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Job Detail

  • Job Id
    JD1526937
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Safat Square, Kuwait
  • Education
    Not mentioned