Job Opportunities in Kuwait

• Review monthly financial reports for consolidated operations from the External Portfolios Evaluation and Monitoring Department and reconcile with trial balances from the accounting system, including relevant entries.
  
• Review entries related to capital contributions, capital asset recoveries, bank transfers, investment profits/losses, and foreign currency differences, and reconcile them with incoming reports.
  
• Review fair value adjustment entries for investment asset balances according to reports from the Investment Assets Department and reconcile with subsidiary investment balances.
  
• Review investment closing entries for interim and annual financial statements.
  
• Review management fees statements for external portfolios and worksheets for calculating due returns.
  
• Review and reconcile the statement of asset balances - investment income, cash, and cash equivalents with subsidiary balances when preparing interim and annual financial statements.
  
• Review balance confirmation letters (external portfolios, investment funds, private sector contributions, banks) and reconcile them with balances and accounting records.
  
• Review investment analysis schedules - charts - and comment on investment financial conditions, reconciling them with subsidiary trial balances when preparing interim/annual reports.
  
• Prepare financial statements related to investment items in interim and annual financial reports.
  
• Ensure compliance with finance department policies and procedures.
  
• Participate in preparing and reviewing interim/annual financial statements and administrative budgets for the SMEs fund.
  
• Perform specific tasks assigned by supervisors and management within the scope of duties.
  
• Participate in developing accounting solutions for investment operations for the new 686 - ATA 5la5 software system.
  
• Participate in preparing and monitoring tax return drafts and tax requirements for investments.
  
• Train Investment Accounts Team members on required tasks in various aspects, helping them develop their skills by transferring knowledge and responsibilities.
  
• Assist the Head of the Investment Accounts Unit in performing duties and responsibilities to enhance experience in the field.
  
• Help resolve issues at minimal cost while ensuring smooth workflow.
  
• Contribute to the development and updating of systems, policies, and procedures for the Investment Accounts Unit and other units.
  
• Train to perform the Unit Head’s duties to be eligible to replace them in their absence or when occupied with other tasks as required by management.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  
• Preferred certifications such as CPA or equivalent.
  
• 15 years of relevant experience, preferably with the last 5 years in senior accounting roles.
  
• Relevant experience in investment accounting with financial institutions.
  
• Ability to develop financial policies, systems, and procedures.
  
• Ability to work with a team.
  
• Strong analytical skills.
  
• Knowledge of best practices and trends.
  
• Effective written and verbal communication skills.
  
• Proficiency in Arabic and English.
  
• Ability to motivate the team, flexibility, and attention to detail.
  
• Proficient in SAP.