Job description / Role

Employment: Full Time

One of the biggest Insurance Companies in the World is urgently recruiting a Financial Controller to be based in Riyadh, Kingdom of Saudi Arabia.

The role will report directly to the Regional Controller (based in GCC) and responsible for:

1) Managing and supervising all finance activities for the Company (oversee all accounts, ledgers, reporting systems and ensure compliance with US GAAP, SOCPA and other regulatory requirements);
2) Preparing local statutory and corporate reports;
3) Preparing monthly management accounts;
4) Maintaining internal controls for all the transactions (premiums, reinsurance, commissions, claims, expenses);
5) Preparing provisions for doubtful debts;
6) Coordinating all internal audit activities;
7) Assisting in annual budgeting and planning process;
8) Manage the cash flow and ensure monthly bank reconciliations are completed;
9) Managing a team.

Requirements

- Degree qualified

- At least 8 years professional experience within the Finance and Accounting Department and at least 3 years in a Financial Controller role.

- Insurance background is absolutely necessary for being considered for the role.

- Applicants must be based already in Saudi Arabia, holding a Transferrable Iqama.

- Arab Nationals are preferred.

Please note, candidates not based in KSA and not matching the basic above requirements, won't be considered for the mentioned role.

About the Company

BWP is a privately owned, top-end, low volume specialist recruiter with an emphasis on the Middle East markets.

The company has pedigree, a pedigree that comes with over 30 years combined experience of the local markets and from the capabilities of our staff and from their intimate knowledge of all major white collar sectors in the MENA region.

As well as our bespoke search capacity, we are also able to professionally and knowledgeably advise on all aspects of the human capital dimension; from salary surveys and recruitment strategies to general HR policy , development and training.

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Assistant Finance Manager salaries in Kuwait

Average monthly compensation
KWD 750

Breakdown available for industries, cities and years of experience