Financial Analyst (Kuwait National)

United Beverage Company K.S.C.C • Full-time • Kuwait, Kuwait, Kuwait • 1m ago

Responsible for analyzing financial data, preparing reports, and providing insights to assist in decision-making processes. This role includes budgeting, forecasting, and ensuring financial accuracy in business operations. The Financial Analyst will collaborate with cross-functional teams to improve financial performance and ensure compliance with financial regulations.

Budget Development and Management: Assist in the preparation, review, and analysis of annual budgets, forecasting financial performance, and ensuring alignment with organizational goals.

Financial Analysis and Reporting: Monitor actual financial performance against the budget, identify variances, and provide insights to management to help in decision-making.

Audit Support and Compliance: Collaborate with internal and external auditors to ensure financial records are accurate and comply with relevant regulations and standards.

Cost Control and Optimization: Analyze cost structures and recommend strategies for cost reduction, efficiency improvement, and better resource allocation

Financial Data Review: Review financial transactions and reports to ensure completeness, accuracy, and compliance with established standards and policies.

Process Improvement and Recommendations: Identify opportunities for improving budgeting and auditing processes, and recommend improvements for better financial oversight and control.

Forecasting and Variance Analysis: Provide detailed analysis of financial forecasts, comparing actual performance with projected figures, and suggest corrective actions if necessary.

Stakeholder Collaboration: Work closely with other departments to gather information, ensure the accuracy of financial data, and support cross-functional budgeting and auditing needs.

Skills

Strong knowledge of financial and management accounting concepts coupled with excellent financial and analytical capability.
Expert in handling MS Office Suite and its related applications.
Ability to communicate complex financial information clearly to both technical and non-technical stakeholders.
Strong problem-solving abilities and decision-making skills.
Effective time management with the ability to handle multiple tasks and meet deadlines.
Knowledge of financial regulations, accounting principles, and compliance standards.

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