Assistant Finance Manager – International Accounts | Kuwait

Job Position: Assistant Finance Manager – International Accounts
Job Description: Alghanim Industries – Kuwait City – Responsible for treasury management, liaison with banks both local and foreign, management reporting, budgeting, participating in decision making, systems development and implementing. In doing so provide proactive support and assistance to Finance Director to deliver on targets and objectives. Analyse financial data, documents to provide recommendation regarding investment, loans etc. Get introduced to and maintain contacts with Relationship managers at banks. Review the term sheet, loan documentation, negotiate with the banks for better terms and ensure compliance with terms. Prepare periodical reports in respect of the loans and the collaterals with various banks and the actions taken during current month & year-to-date Ensure loan covenants are complied with. Ensure to roll over, renew the loans on maturity. Ensure adequate funds are available in time for interest payments. Assist Senior Management in preparing bank information packs, answering banks’ queries on the financials and operations. Fulfill ad-hoc information requests from banks and Senior Management. Review existing procedures and practices to identify scope for improvement. Keep abreast of statutory / tax regulations applicable especially with regard to CMA, CBK and KSE. Ensure filing declarations to Statutory Authorities like CMA, KSE etc. on time to protect shareholder’s interests. Ensure all the statutory requirements are complied with before executing any transaction which requires approvals, compliance etc. (e.g. prior approvals from CMA) Skills Master Degree in Finance / Accounting Proficient in MS Excel and Power Point Excellent inter – personal skills Excellent Communication skills Strong Negotiating skills Experience in dealing with banks and loan documentation. Able to maintain confidentiality at all times. Job Details Job Location Al Kuwait, Kuwait Company Industry Financial Services Company Type Employ…see more details

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Note: This advertisement for Assistant Finance Manager – International Accounts maybe valid for one month from the date it was posted, so don’t miss the chance and apply now!

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