Bayt.com Jobs: Assistant Finance Manager

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Assistant Finance Manager
Sep 12th 2013, 07:19

To assist Finance Manager / CFO in creating financial reports, employing cash management methods and overseeing investment tasks. Play an important role in maintaining the financial stability of the business, essentially, analyze company's financial situation and work on improvement strategies and report for critical decision making purposes. Investigate financial issues, analyze root causes and provide resolution.

• Responsible to manage the cash flow & Accounts management, supervise over the financial transactions within and outside the company.
• Propose an annual budget based on organizational goals and the planned targets with the guidance of the manager.
• To plan and perform financial operations, Develop financial plans to achieve corporate financial goals, Assist in budget preparation and expense management programs.
• Review existing financial procedures & recommend improvements, Control and protect the assets in the interest of the organization.
• Assist Finance Manager / CFO to analyze & review the financial requests pertaining to purchase orders.
• Watch the cash flow over the financial transaction with the clients and the purchaser of the assets of the company.
• Posses' strong Reporting skill to report fiscal profit/loss incurred on yearly or weekly basis.
• Interact with financial staff and ensure the audit spreadsheets are maintained every month/year.
• Handle the day to day job performance of the staff members and provide solutions on risk management.
• Plan a strategic and long term business plans in support of the FM/CFO and the board of managers.
• Responsible to deal with Banks & Financial Institutions, provide funds with respect to rough cost estimates for new projects and services.
• Assist CFO / Finance Manager to obtain financial data from several sources such as expenses incurred in the month, day, etc.
• To be aware of the data security and act to safeguard the financial assets of the company.
• Keeping himself informed about the changes regarding the financial regulations and legislations.
• Have an eye for analyzing the market trends & professional attitude to work under pressure.
• Possess strategic approach to deal with outside competitions.

Job Details

Date Posted: 2013-09-12
Job Location: Kuwait
Job Role: Accounting/Banking/Finance
Company Industry: Contracts/Purchasing

Preferred Candidate

Career Level: Management
Gender: Male
Nationality: India
Degree: Master's degree

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