Job Detail

Chief Finance Officer

Posted on Feb 12, 2024
Location: Kuwait City, Kuwait
Industry: Others
Job Type: Others
Education: Bachelors
Experience: 10 Years
Salary: 2000 - Kuwait Dinar (Monthly)

Job Description

Duties and Responsibilities:

Manage Budgeting, Forecasting and Reporting

* Coordinate, manage and provide fiscal management advice; review and analyze the formulation and compilation of the financial budget
* Ensure that financial strategies and objectives are reflected in the Business Plan
* Forecast Business performance and alert the Business on current and future performance
* Deliver timely financial management, statutory and Board reports
* Define the budget through the appropriate approvals process and act as custodian for maintenance of its accuracy and integrity
* Prepare the Business forecast at appropriately defined intervals to enable effective strategic and tactical decisions to be taken
* Responsible for the approval of all statutory and monthly financial results

Ensure Financial Operations Management, Process Improvement and Focused Finance

* Develop, manage, focus and drive the integration of people, processes and technology in order to support, sustain and strengthen the Business through its growth phase
* Develop focused financial strategies, policies, procedures, controls and systems to provide the strategic edge that will help deliver the commercial success of the Business
* Lead, direct, shape and set the current and future operational direction of the Finance Division
* Set and implement the future direction of focused Finance systems development
* Set and implement processes and procedures that are primarily focused on the best interests of the business and according to best practice

Develop Cash Flow and Debt Management

* Develop and implement strategies to monitor cashflow, foreign exchange and debt requirements
* Responsible for providing ongoing projected cash flow requirements to enable the management of debt, foreign exchange and dividend requirements
* Advise the Board of ongoing funding requirements

Skills:

* Minimum 10+ years of relevant experience including at least 2+ years as a CFO or equivalent
* A successful leader with a proven track-record of financial management within a complex, multi-layered, challenging, culturally-diverse and fast-paced environment
* An independent-thinker who can challenge when necessary and bring a fresh approach to an established infrastructure
* Must be able to demonstrate a high-level of integrity in their approach
* Proven experience as a CFO (or equivalent) within the hospitality industry.
* Commercially astute, with expert knowledge of best practice within a progressive organization, with the ability to offer innovative solutions to gain a competitive edge
* A strategic, out-of-the-box thinker who has the ability to see the "bigger-picture" as well as understand the granular detail, whilst constantly seeking innovative ways to maximize ROI


Skills Required

Job is expired

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