Financial Controller

Ooredoo Group

Kuwait City, Kuwait

Posted
Ref: OP853-551

Job description / Role

Employment: Full Time

Ooredoo is an organisation on the move. Thanks to our dedicated employees, we continue to move closer towards our vision to be among the top 20 telecommunications companies in the world by 2020.

We are a dynamic global telecommunications player operating in 17 countries across the Middle East, North Africa (MENA) and Asia. We cover a population of more than half a billion people and serve more than 68 million customers.

In Kuwait, we employ approximately 1,000 talented people, all of whom are driving Ooredoo to be the number one choice for world-class communications services in Kuwait. In the face of intensifying competition, increasingly sophisticated technology and rising customer expectations, nothing is more important to our success than our team - and it's a team that you can be part of.

Ooredoo's future is bright, and you can be part of our ongoing success.

The Role:

Responsible for the Financial accounting, Auditing, Management reporting and the business planning functions for Ooredoo Kuwait. In addition to ensuring proper financial discipline in the organization and optimal utilization of resources. Responsibilities include preparing financial reports, analysing financial data, monitoring internal controls and participating in budgeting processes. In addition to managing financial transactions and streamlining accounting functions and operations.

Key Accountabilities and Activities:
- Responsible for the entire accounting function in Ooredoo Kuwait.
- Responsible for ensuring the accounting of business transactions is correct, timely and according to the policies.
- General accounting oversight, maintaining efficient and effective finance operations by overseeing accounting activities and ensuring that accounting records are kept appropriately and that reported results comply with accounting standards and relevant legislation.
- Responsible for cash management, payables, fixed assets, receivables, partners' accounting, dealer accounting and related areas.
- Responsible for the consolidation and audit of the NMTC Group financials in accordance with IFRS and group financial policies.
- Responsible for the coordination and relationship with auditors, stock exchange, tax authorities and other regulatory authorities.
- Responsible for the finalization of the audited financial statements according to adopted financial policies and IFRS.
- Responsible for the accounting and auditing of the subsidiary businesses.
- Responsible for preparing the Board presentations, Audit Committee, Executive committee and various other management forums.
- Responsible for resolving, helping issues between various divisions with respect to financial policies.
- Responsible for company financial and regulatory compliance.
- Monitor compliance with financial internal policies and procedures and spending controls.
- Detect abnormal accounts issues.
- Responsible for the management accounting and the monthly management reports including senior management, Board and the Ooredoo Group.
- Responsible for providing comprehensive view of the business (revenue, costs, capex, cash position, KPI's etc.) to the management on a periodical basis.
- Responsible for the opex and capex reports for the organization and by cost center.
- Responsible for the review, approval and reporting of the business cases for the new business ventures, products and the investment.
- Responsible for the analysis of the business according to the business requirement and the latest market information.
- Job is to highlight issues and the root cause in the business (financial and non-financials).
- Responsible for execution of the projects handed over/nominated by the management, Ooredoo Group or by the CFO. i.e. Cost optimization, etc.
- Responsible for the adhoc reports and analysis as and when required by the management or business needs.
- Proactively manage and motivate the team to be highly professional and results oriented.
- Work to improve employee performance through personal coaching and identifying training and development needs.
- Ensure Individual Development Plans (IDP) are completed for all staff in accordance with Ooredoo policy.
- Conduct annual performance appraisals (Performance Management System) and ensure objectives set are monitored and achieved. Proactively take responsibility for self-improvement by staying well-informed of developments, knowledge and innovations in relevant field of expertise.
- Other duties as directed by supervisor or other superiors.
- Keeping updated with the latest telecom industry developments and assess the impact on the business.
- Acting as a steward by managing risk and preserving assets.
- Helping to drive execution and shaping the future of the company.

Requirements

Qualifications:
Professionally qualified preferably a CPA, CMA or MBA from a reputed institute.

Other Information:
- 15+ years post-qualification experience
- 5+ years management experience
- 5-7 years telecom experience
- Excellent command of both written and verbal English
- Good knowledge of MS Office applications, Oracle Financials and reasonable knowledge of Telecom industry systems.
- Ability to operate in a multicultural, multinational work environment, exhibiting appropriate sensitivities
- Knowledge of IFRS and accounting practises
- Computer literate with an analytical and inquiring approach
- Problem solving and decision making skills
- Strong management skills
- Good planning and budgetary skills
- Good communication skills

About the Company

We are a leading international communications company delivering mobile, fixed, broadband internet, and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, we are guided by our vision of enriching peoples lives and our belief that we can stimulate human growth by leveraging communications to help people achieve their full potential.

Formerly known as Qtel Group, we have a customer base of 92.9 million and reported revenues of USD 9.3 billion in 2012.

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