Financial Analyst

  • Basic + benefits
  • Kuwait City, 'Asimah, Kuwait
  • Permanent, Full time
  • HR Invest
  • 10 Dec 18

The preparation, development and analysis of management accounting information and provision of a high quality support service to line managers. Preparing Valuations and investment analysis reports. Advising on new investment opportunities and conducting feasibility studies. and Assist in the budgeting and reporting process and in the preparation of monthly performance to management.

  • Develop clear, fact-based financial plans/forecasts, including annual plans and updates, long range   plans (LRPs), monthly   projections, etc.   that   are   accurate,   well   written   and professionally presented for senior management.
  • Meet all financial reporting requirements in a timely manner. Provide accurate and insightful analysis related thereto which provides senior management necessary information with which to address variances and develop corrective actions.
  • Anticipate and identify business issues (including performance gaps, opportunities and emerging needs) for senior management and develop appropriate action plans to maximize business profitability.
  • Incorporate thorough knowledge of market dynamics, competitive landscape and key business drivers in our financial planning, reporting and analysis with emphasis on leveraging this knowledge to affect business strategies and decisions that maximize our profitability.
  • Ensure integrity of financials; maintain sound internal controls.
  • Serves as an independent reviewer and evaluator to ensure that compliance issues / concerns are being appropriately monitored, evaluated, investigated, resolved and communicated  for one or more specified asset classes.
  • Serves as the Organization subject matter expert on one or more specified asset classes.
  • Provides detailed and complex analysis of external investment manager performance.
  • Participates with industry groups and other state funds to access best practices in external manager compliance.
  • Execution of month end financial close including reporting and general ledger adjustments as required. Prepare variance analysis to budget/forecast/prior year.
  • Prepare and complete analyses for  the  executive  committee  of  monthly  financial  results  to understand  variances  in  key  performance  indicators  and  to  identify  areas  of  risk  and opportunity.
  • Calculate/Project Real Internal Growth for actuals and budget discussing trends and potential mix issues.
  • Monitor and manage  budget  life  cycle  of  Cost  Centers/Division/Company.  Identify area  of savings and risk.
  • Review the budget on a monthly basis and prepare reports indicating expenditure levels for each cost head.
  • Highlight major variances in the monthly budget to the Section Head.
  • Assist in preparing Monthly, Quarterly and Annual management accounting reports which includes the variances, cash flows and projections for Management to facilitate decision making.
  • Assist in conducting feasibility studies, assisting auditors by providing required information, addressing audit observations and assisting in the development of budget revision whenever required.