Finance Manager

Job Description : FINANCE MANAGER KUWAIT a leading Pharmaceutical Manufacturing and Distribution group founded in 1990s with operations across the Middle East. They are currently seeking to expand their workforce and are looking for a Finance Manager to be a part of their team in Kuwait. · Contribute to the formulation of annual budget by coordinating with the different divisions to acquire estimates and consolidate inputs to support management in effectively conducting budgeting and forecasting activities · Monitor and coordinate with the central treasury division to maintain a positive cash flow level, in accordance with the approved business plan of the group · Participate in strategic senior management meetings to forecast and analyze the company's upcoming financial performances · Remain abreast of latest industry practices, trends and concepts and provide the Chief Financial Officer with insights and recommendations for change, if and where required, to improve the efficiency and productivity levels of the Finance division · Provide relevant reports and recommendations on all financial management and accounting issues revolving around the subsidiaries, and ensure business partnering with COO and GMs to support management decision making · Ensure the financial governance guidelines and principles are being embedded in the day-to-day executive of financial operations and activities in order to promote the administration of more rigorous financial controls in accordance with commercial and tax laws, regulations and internal policies and procedures · Ensure timely and accurate financial reports, and statements in accordance with regulatory requirements, internal policies and procedures and established financial standards and protocols · Conduct periodic reviews of financial performance and perform financial analysis to determine potential unplanned costs and financial risks and capitalize upon performance improvement opportunities · Collaborate with the audit team in the auditing process of the finance division as and when requested to allow for timely delivery of work products and reports · Plan and conduct comprehensive studies to determine cost of business activities and improve the operational and financial effectiveness of the assigned company or business unit · In collaboration with management, analyze cost and revenues, including advice about financial implications on particular undertaking or project · Monitor spending and financial control through identification of potential risks of the assigned company or business unit · Recommend budget adjustments and other cost improvement measures, and record, classify and summarize financial transactions and events in accordance with accepted accounting principles · Analyze financial data, extract relevant information and explain numerical or financial data to both professional and non-Financial Managers · Review costs and perform cost/benefit analysis related to projects and/or programmes · Ensure the business is run in compliance with different regulations such as tax and commercial laws · Work and coordinate with the Central Credit division to optimize and resolve issues related to the collections · Identify solutions for the maximum automation of process steps · Impose all necessary control in costs and operating expenses using appropriate financial metrics and take action to optimize spending · Communicate with Group Financial Control function on all relevant matters pertaining to legal compliance, financial auditing and initiatives of cost efficiency for the relevant companies · Minimum of 12 years of work experience in pharmaceutical industry · Strong experience with costing in manufacturing setup · A strong personality and familiar with managing a large team · Knowledge of SAP or Oracle

---