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Preferred Candidate

Years of Experience:
12 - 15 yrs
Age Group:
35 - 49 yrs
Arab Nationals
IT Knowledge:
Operating System-Windows
Arabic: Fluent
English: Fluent

Ref.No: 3957 Date of Posting: 28-Jan-2015
Chief Financial Officer (CFO) Bookmark and Share
Confidential Company
Job Description
A leading Kuwaiti Investment Company is looking for Chief Financial Officer (CFO) as per the following details:

Required qualifications:
• Bachelor degree in Accounting, Finance or related field.
• Minimum years of experience 15 years in related field.
• Master Degree in Financial Management would be an advantage.
• CPA, CA, ACCA member, CMA or CFA certification is preferred.

Job responsibilities:
- Actively support the business in monitoring performance of key business units and actions laid in the strategic & operating plans, identify opportunities, mitigate risks and optimize returns to shareholders.
- Engage with international credit ratings agencies to obtain credit ratings for the company.
- Review feasibility study for projects and coordinate with the project team for the evaluation of projects.
- Analyze capital structure and focus on optimal mix of equity and debt fund requirements.
- Provide the company management with independent, up-to-date information concerning the financial, systems procedures and operational affairs of the company in order to ensure efficiency and effectiveness of the same.
- Promote cross departmental collaboration and coordination to further the achievement of Company’s business objectives by creating and leveraging upon intra-organizational synergies.
- Develop financial strategies that are aligned to the overall Company corporate governance strategy to ensure transparency, fairness, disclosure and accountability.
- Ensure that the financial statements of the company are prepared timely and accurately and in line with company accounting policies and schedules and International Accounting Standards.
- Ensure records systems are maintained in accordance with internal and external Auditor requirements.
- Establish and maintain appropriate internal control systems and processes to ensure compliance with regulatory and other requirements.
- Ensure analysis of all expenditure requests and that recommendations are provided for the development of procedures for capital expenditure budgeting, control and reporting.
- Monitor cash flow on a regular basis and implement procedures for effective cash flow management.
- Provide business leadership that helps minimize risk and ensure sound financial decisions on future operations and growth.
- Ensure that Company’s accounting practices are in compliance with the Kuwait Stock Exchange, Central Bank of Kuwait and Capital Markets Authority requirements, International Financial Reporting Standards and internal controls.
- Oversee maintenance of close links with the Operations department leading to improvement and development management reporting processes.
- Ensure proper recording of company’s operations such as settlements, payments, investments transactions...etc., into the financial statements.

Degree Specifications
Graduate - BA in Finance
Masters Degree - MA in Finance
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