SR. MANAGEMENT ACCOUNTANT - Jobs in As Salimiyah, Kuwait

Job Description

Fund Management & Budgeting1.ÿÿÿPrepares Monthly, Periodical & Annual Financial Statements. EnsuresÿthatÿallÿtheÿGeneral Ledgerÿaccounts are reconciled, Balanceÿconfirmationsÿobtained, InterÿCompanyÿAccounts cleared and BalanceÿSheet Schedules maintained.2.ÿÿÿIntroduces Cost Ledger & Cost Accounting System for the Hospital; Cost classification in terms of Fixed/ Variable, Direct/ Indirect, Cost Analysis, Service Costing, identifies the wastages & advises Management on Cost Reduction strategies.3.ÿÿÿDealsÿwith Foreign Currencyÿtranslations, procurement ofÿbestÿrates and identifiesÿthe CashÿResourcesÿofÿtheÿHospital4.ÿÿÿMaintains sufficient balance in current account and channelizes surplus in short term deposits.5.ÿÿÿStands responsible for approving the preparation and release of Cheques.6.ÿÿÿDeals with Treasury management; plans for payroll funds from the beginning of each monthÿand day-to-day cash management7.ÿÿÿDefinesÿandÿcontrolsÿthe PricingÿofÿServices/ Package, advisesÿtheÿFinance Manager & CFO onÿvariousÿPricingÿStrategies.8.ÿÿÿConductsÿProjectÿFeasibilityÿstudiesÿwithÿtheÿobjectiveÿofÿinvestingÿtheÿGroupÿresourcesÿprofitably;ÿidentifies newÿinvestmentÿopportunities, conducts Projectÿappraisalsÿ&ÿanalysis.ÿ9.ÿÿÿPrepares Strategic Budgets for the Hospital, Budget negotiation, approval, communication, implementation & initiates extensive Budgetary Control through the system.10.ÿSupports Finance Manager in preparation of business plan, budget & reviews.ÿManagement Reports11.ÿCompiles statistical, financial, accounts/ audit reports and tables pertaining to matters such as cash receipts, expenditures, accounts payable and receivable, and profits & losses12.ÿPrepares Profitability Analysis, StatisticalÿAnalysis, Capacity Utilization Analysis etc., andÿconductsÿvariousÿRatioÿAnalysisÿtoÿanalyzeÿandÿappraiseÿHospitalÿperformance.13.ÿPrepares reports on :úÿÿÿÿÿÿMonthly/ periodical P & L Account, Balance Sheet, Cash Flow Statement.úÿÿÿÿÿÿStatement of Shareholders Equity.úÿÿÿÿÿÿBank Reconciliation Statements.úÿÿÿÿÿÿMonthly Management Reports.úÿÿÿÿÿÿCash Forecasts/ 3 months period/ 12 months period/ 36 months period.úÿÿÿÿÿÿDivisional/ Departmental Performance Report on a Monthly Basis.úÿÿÿÿÿÿFive Years Projections & forecasts for Financial Statements.ÿúÿÿÿÿÿÿReports assigned by Finance Manager & CFO from time to time.ÿFinancial System Application14.ÿÿFamiliarizes with the product functionality.15.ÿÿPlans, schedules and oversees major software upgrades, new releases, and installation of related software applications.16.ÿÿDevelops documentation and training for end users on how to effectively use financial management system features and related applications.17.ÿÿAccess control of various users review and managementLiaising 18.ÿÿLiaisons with the Banks to deal with banking issues.19.ÿÿKeeps track of the new services provided by the bank and maintainsÿInternetÿbankingÿaccounts.20.ÿÿLiaisons with other function managers to put the finance view in context.21.ÿÿHandlesÿFinancialÿLiaisonsÿwith relatedÿpartiesÿ&ÿperformsÿmonthlyÿInterÿCompanyÿCurrentÿAccountÿReconciliationsÿOther Duties22.ÿÿManages Employee Incentiveÿcomputationÿandÿprocesses payment. Participates in New Incentive scheme implementation.23.ÿÿAttends Statutory Audits, Quarterly Audit reviews and complies with the Audit requirements.24.ÿÿDevelops ÿvariousÿAccountingÿPoliciesÿ& Procedures andÿAccountingÿManual in accordanceÿwithÿtheÿInternalÿManagementÿrules &ÿInternationalÿAccountingÿStandards.25.ÿÿPrepares Price List26.ÿÿMaintains records of all price list updates27.ÿÿPerforms other related duties as assigned or requested by Finance Manager & CFO from time to time.

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