Financial Reporting and Budgeting Manager

1 week ago


Dubai, Dubai, United Arab Emirates ABYAT Full time
Financial Reporting and Budgeting Manager - KuwaitWe are looking for a candidate who is willing to relocate and be based in Kuwait

Job Summary:


As a Financial Reporting and Budgeting Manager, you will hold a leadership role responsible for overseeing and leading the financial controllers' team.

Your primary responsibilities include validating, verifying, and consolidating annual operating budgets to ensure alignment with the organization's strategic objectives.

You will play a pivotal role in continuous cost optimization initiatives, monthly controlling reports, and the maintenance and development of the company's financial model.

Internal controls, budget change request processes, and cash flow monitoring will be under your purview.

Key Responsibilities:

Design and Implement Budget Models:
Develop and implement advanced budget models for various departments and the entire organization.
Ensure that these budget models align with the organization's strategic objectives and financial goals.

Financial Analysis and Interpretation:
Conduct in-depth financial analysis, including assessing revenues, expenditures, and cash management.
Analyze financial data to ensure that all operations are within budget and identify potential areas for cost savings.

Budget Presentation to Senior Executives:
Prepare and present annual budgets to senior executives and stakeholders.
Clearly communicate the financial strategies and objectives outlined in the budget, addressing any inquiries or concerns.

Budget Review and Approval:
Review and approve budget requests from various departments.
Provide expert financial guidance and recommendations to ensure budgets are realistic and align with organizational goals.

Forecasting and Financial Planning:
Anticipate and forecast future budget needs, proactively addressing potential financial challenges and proposing solutions.
Ensure that the organization is well-prepared for its financial obligations.

Cost Optimization and Profitability:
Identify areas for cost-saving measures that optimize profitability without compromising quality.
Suggest spending improvements and strategies to increase overall profits and financial efficiency.

Legal Budget Compliance:
Ensure that the organization's budget is compliant with all relevant legal and regulatory requirements.
Mitigate any legal risks related to budgetary decisions.

Timely Budget Submissions:
Collaborate closely with department heads to meet stringent budget submission deadlines.
Ensure that all departments adhere to the budgeting process schedule.

Cutting-Edge Budgeting Policies:
Develop and implement innovative budgeting policies and procedures that enhance financial control and transparency.
Continuously improve the organization's budgeting practices and processes.

Education & Experience:
Willing to relocate and be based in Kuwait.

Proven experience as a Financial controller in a sizable organization with a substantial annual turnover, with over 7 years of experience.

Bachelor's degree in Accounting or related field, with advanced degrees such as MBA highly preferred.
Professional certifications like CMA (Certified Management Accountant) or equivalent.
Profound knowledge of Management Accounting and a strong track record in the Retail industry.
Extensive experience with ERP systems, with SAP expertise as a prerequisite.
Exceptional skills in Excel, PowerPoint, and data analytics.
Outstanding report writing, analytical, presentation, coaching, and communication skills.
Unwavering integrity, dependability, a strong sense of urgency, and a results-oriented mindset.
#J-18808-Ljbffr

  • Dubai, Dubai, United Arab Emirates athGADLANG Full time

    AG Resources is looking for Budgeting & Reporting Manager - (Management Information System) for our reputable Client.Location: DubaiDuration: 6 months' extendable contractResponsibilities: Prepare periodic and ad hoc Management Information Reports to provide Management with timely and relevant information for making informed decisions to ensure the...


  • Dubai, Dubai, United Arab Emirates Arabian Medical Enterprises (ARAMED) Full time

    The Role Assist in scheduling the annual budgetary plan cycle and supervise the distribution of all budget materials, forms and templates and necessary guidelines. Coordinate with all divisions/departments to assure that the same Fiscal Year is being followed, as well as the guidelines, and templates. Maintain the financial forecasts in the system through...


  • Dubai, Dubai, United Arab Emirates NADIA Recruitment Dubai Full time

    . FinancialReporting· Prepare accurate andtimely financial statements in compliance with regulatorystandards.· Analyze financial data toidentify trends, variances, and potentialrisks.· Coordinate with internalstakeholders to gather necessary information for financialreports.· Ensure adherence tointernal controls and policies in financial...


  • Dubai, Dubai, United Arab Emirates B2Prime Full time

    B2Prime Dubai, United Arab EmiratesPosted 2 hours ago Permanent To be discussedSummary:As the Financial Officer (FO) of the DFSA 3a brokerage entity, you will play a pivotal role in financial operations and regulatory reporting. Responsible for overseeing financial matters in compliance with the DFSA regulations, you will also be in charge of regulatory...


  • Dubai, Dubai, United Arab Emirates athGADLANG Full time

    AG Resources is looking for Assistant Manager Budgeting for our reputable Client.Location: DubaiDuration: 6 months' extendable contract Designing effective budget models for departments and the entire company. Analysing financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget. Presenting annual...


  • Dubai, Dubai, United Arab Emirates Deriv Full time

    Job InformationJob Opening ID ZR_1610_JOBIndustry Finance & AccountsCity DubaiCountry United Arab EmiratesAs the Financial Reporting Manager at Deriv, you will be in charge of planning the company's financial strategies, providing regulatory reporting, and handling management accounts. With your expertise in all areas of financial management, you will ensure...


  • Dubai, Dubai, United Arab Emirates FallenAmbers Full time

    Job brief We are looking for a responsible Budget Manager to develop our company's budget and oversee its implementation. You will also review budget proposals and prepare financial documents and reports. Our ideal candidate holds a degree in Accounting or Finance and is familiar with the legal regulations of accounting and budgeting. You should combine...

  • Financial Reporting

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Majid Al Futtaim Retail Full time

    Monitor and ensure timely identification and compliance with evolving accounting guidance, provide IFRS interpretation and prepare technical memorandums that documents issues in a clear, logical and comprehensive manner. Communicate and explain accounting issues and evolving accounting guidance to Finance teams in countries Prepare consolidated financial...

  • Financial Reporting

    1 week ago


    Dubai, Dubai, United Arab Emirates Majid Al Futtaim Retail Full time

    • Monitor and ensure timely identification and compliance with evolving accounting guidance, provide IFRS interpretation and prepare technical memorandums that documents issues in a clear, logical and comprehensive manner.• Communicate and explain accounting issues and evolving accounting guidance to Finance teams in countries• Prepare consolidated...


  • Dubai, Dubai, United Arab Emirates FallenAmbers Full time

    Job OpportunityWe're in search of a reliable Budget Manager to develop and supervise the budget of our company. You will assess budget proposals, as well as prepare financial reports and documents.The perfect candidate has a background in Accounting or Finance and is knowledgeable about accounting and budgeting laws. You should possess great numerical skills...


  • Dubai, Dubai, United Arab Emirates Dubai Holding Full time

    DHGS_Finance.Senior Accountant - Financial Reporting United Arab Emirates Job Description Job Purpose: The role holder is responsible forjournal entry, intercompany, general ledger reconciliation, and statutory reportingactivities within DH Group Services (GS), covering a vertical portfolio within Dubai Holding (DH). The role will support the Manager -...


  • Dubai, Dubai, United Arab Emirates Tamara Full time

    About UsTamara is the leading shopping and payments platform in Saudi Arabia and the GCC region, with a mission to empower people in their daily lives and revolutionize how they shop, pay, and bank. The company was founded by serial entrepreneur Abdulmajeed Alsukhan along with his partners Turki Bin Zarah and Abdulmohsen Al Babtain. Tamara operates out of...


  • Dubai, Dubai, United Arab Emirates Al-Futtaim Full time

    Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more...


  • Dubai, Dubai, United Arab Emirates athGADLANG Full time

    aG Resources is looking for Financial Reporting Executive for a reputable client.Location: DubaiContract: 6 months (Extendable)- Experience in financial reporting function of the Group and has Big4 experience who can handle monthly and quarterly reporting: Experience in Monthly financial closing- Preparing standalone and consolidated financial statements on...


  • Dubai, Dubai, United Arab Emirates Charterhouse Consultancy PTE Ltd Full time

    Charterhouse are presently undertaking a search, for a leading services client, whom are in the process of looking to recruit an Analyst of Financial Reporting & Audit.About the roleThis role shall be focused towards the preparation and review of consolidated financial accounts and reports, at a group and business unit level, to ensure alignment to both...

  • Budget Analyst

    1 week ago


    Dubai, Dubai, United Arab Emirates LHH Company Full time

    Job Alert You will be updated with latest job alerts via email Valid email field required Send jobs Job Alert You will be updated with latest job alerts via email Valid email field required Send jobs Our team has partnered with a dynamic organization headquartered in Kansas City, MO in their search for a Budget Analyst to join their corporate finance...


  • Dubai, Dubai, United Arab Emirates CharterHouse Full time

    Job description:Charterhouse are presently undertaking a search, for a leading services client, whom are in the process of looking to recruit an Analyst of Financial Reporting & Audit.About the roleThis role shall be focused towards the preparation and review of consolidated financial accounts and reports, at a group and business unit level, to ensure...


  • Dubai, Dubai, United Arab Emirates Du Dubai Full time

    The job posting is outdated and position may be filled responsibilities: Deliver financial spend and budget control reports for the contracts ensuring spend is within approved thresholds and flagging/mitigating if otherwise. Advise on budget availability and tracking/forecasts per budget line item as well as any opportunities for re-utilization. Review and...


  • Dubai, Dubai, United Arab Emirates Asterix Communications Full time

    Job Description & SummaryA career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You'll focus on recording and analysing financial transactions, paying and...


  • Dubai, Dubai, United Arab Emirates Ernst And Young Full time

    Accounting Compliance and Reporting Associate Accounting Compliance and Reporting Associate The job posting is outdated and position may be filled Compiling and reviewing financial information.Preparing financial forms, documents, and reports.Assisting with the preparation of budgets and financial statements.Assisting with tax filings, accounts receivables,...