Functionally Cross-Reporting to the Financial Controller – METCO Kuwait & local GM and administratively to the location General Manager, the Chief Accountant is responsible to oversee and manage an organization's financial operations, ensuring the company's financial health, compliance with financial regulations, and the achievement of its financial goals and involving in strategic financial planning, reporting, and decision-making within the organization.
1.
Financial Planning and Analysis: Develop and implement financial plans, budgets, and forecasts to guide the organization's financial activities to support its strategic goals.
2.
Financial Reporting: Prepare and present accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other financial metrics, to provide a clear picture of the organization's financial performance to management and stakeholders.
3.
Financial Control and Management: Ensure proper financial controls, accounting principles, and compliance with regulatory requirements. Monitor and analyse financial data to identify trends, variances, and areas for improvement.
4.
Treasury Management: Manage cash flow to ensure the organization has sufficient liquidity to meet its operational and financial obligations. Optimize cash flow through effective accounts receivable and accounts payable management.
5.
Financial Decision Support: Provide financial insights and recommendations to support strategic decision-making by analysing financial data and modelling various scenarios.
6.
Audit and Compliance: Coordinate and manage external audits and ensure compliance with accounting standards and regulations, including Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
7.
Capital Management: Oversee capital expenditure decisions, evaluating investment opportunities, and managing the allocation of financial resources for projects or acquisitions.
8.
Risk Management: Identify and assess financial risks and develop strategies via managing currency risk, interest rate risk, and other financial exposures.
9.
Cost Control: Implement cost control measures to optimize operational efficiency and reduce unnecessary expenses.
I. Measures:
Description
Finance Reporting Accuracy
Financial Ratios -Profitability Ratios
Budget Adherence vs financial Targets
Financial Strategy Report
Capital Allocation vs Maximise Returns
1.
Bachelor’s in business administration accounting or finance
Graphical report Creation skill
2.
7+ years of experience in Financial Management
Strategic Finance Planning
3.
Excellent Microsoft Skills
Familiar in finance software, data analysis tools
Essential
Desirable
1.
Certified Management Accountant (CMA)
2.
Certified in Saudi Council for Accountants - SOCPA
3.
Cost Control Programs, Cash Management
4.
Bilingual (Arabic and English)
Arabic Read and Write Must
5.
P&L Management
6.
Inventory Management
7.
Strategic Financial Planning & Implementation
