Finance Manager
Full time posted 1 hour ago in Accounting / Finance Shortlist Email JobJob Detail
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Job ID 10592
Job Description
Reports To: Regional General Manager
Team Size : Managing a team of 4 in Kuwait (1 Analyst, 2 Accountants and a Cost Controller) and 1 Assistant Manager in KSA.
Key Responsibilities:
Financial Planning and Analysis:
- Develop, implement, and manage the annual budgeting process.
- Conduct regular financial analyses to identify trends, risks, and opportunities.
- Provide insights and recommendations to support strategic decision-making.
- Financial Reporting:
- Prepare and present accurate and timely financial statements.
- Generate financial reports for stakeholders, including executives and franchise owners.
- Ensure compliance with accounting standards and regulatory requirements.
- Cash Flow Management:
- Monitor and manage cash flow to ensure liquidity and financial stability.
- Implement effective cash management policies and procedures.
- Work closely with operational teams to optimize working capital.
- Financial Controls:
- Establish and maintain robust internal controls to safeguard assets.
- Conduct regular audits to ensure compliance with financial policies and procedures.
- Identify and mitigate financial risks.
- Strategic Financial Planning:
- Collaborate with executive leadership to develop long-term financial strategies.
- Assess the financial feasibility of new initiatives and business expansion.
- Provide financial insights to support business development and growth.
- Compliance:
- Ensure compliance with local, state, and federal tax regulations.
- Coordinate with external auditors for annual audits and address any audit findings.
- Stay informed about changes in financial regulations and adjust policies accordingly.
- Team Leadership:
- Lead and mentor the finance team, fostering a culture of continuous improvement.
- Conduct performance evaluations and provide professional development opportunities.
- Collaborate with other department heads to achieve overall organizational goals.
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Candidate Profile:
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- Bachelor’s degree in Finance, Accounting, or a related field; MBA or professional certification
(e.g., CA/ACCA) is a plus.
- Proven experience in a senior finance role, preferably within the food and beverage or franchise industry.
- Strong knowledge of financial management, accounting principles, and financial analysis.
- Excellent leadership and interpersonal skills.
- Proficient in financial software and Microsoft Office Suite.
- Ability to communicate complex financial information to non-finance stakeholders.
- Detail-oriented with strong analytical and problem-solving abilities.
- Demonstrated ability to work in a fast-paced, dynamic environment.
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