Looking for an overseas opportunity? This is with one of the top 10 leading banks in Kuwait ensuring exponential professional growth and offers a vibrant culture, tax-free income, safety, modern amenities, warm climate, diverse cuisine, and a strong expat community. Core Responsibilities: Consolidated Financial Reporting: - Oversee the preparation and disclosure of the Group Consolidated financial statements, ensuring accuracy and completeness. Compliance: - Ensure that financial reporting complies with International Financial Reporting Standards (IFRS) and the regulations of the Central Bank, Capital Markets Authority, and Stock Exchange. Group Oversight: - Provide effective oversight for financial accounting, reporting, and regulatory matters across Group entities by establishing and maintaining a comprehensive oversight framework. Group Support: - Offer centralized support for financial operations across the Group. Investor Relations: - Collaborate with the Corporate Communication team in preparing the Group's Annual Report and Investor Presentation. Financial Projections: - Develop and provide financial forecasts and analyses, offering insights into the group's financial performance. Taxation: - Manage transfer pricing practices and ensure compliance with tax regulations for the Group. Financial Reporting Process: - Design and maintain an efficient process for closing the Group's financial statements, ensuring effectiveness and adherence to timelines. IFRS 9 Provisions: - Keep track of the general and specific provisions, ensuring accurate accounting for adjustments in the general ledger. Insurance Management: - Oversee the management of the Group's financial line insurance, including renewal and claim management in coordination with insurance providers. IFRS Desk: - Support the Head of the unit in ensuring compliance with IFRS, providing guidance and support to all Group entities. Deputy Role: - Serve as the deputy to the Head of the unit in their absence, ensuring continuity of leadership and decision-making. Financial Statement Accuracy: - Guarantee the preparation of precise financial statements and annual reports for the Group, ensuring they meet IFRS standards and other regulatory requirements, as well as the needs of external auditors for finalizing quarterly and annual financial statements. General Responsibilities: Corporate Governance and Compliance: - Operate fully within established risk policies and procedures, ensuring that all divisional activities adhere to corporate governance standards and comply with regulatory and legal requirements. Policies & Processes: - Direct the development and implementation of policies and procedures to align with corporate governance principles, supporting the achievement of organizational objectives. Risk Management: - Manage strategies to mitigate risks, minimize potential losses, and ensure the smooth continuation of operations. Compliance: - Oversee the establishment of compliance frameworks and offer advice on areas needing improvement. People Management: - Lead, inspire, and develop team members in accordance with HR policies and best practices.

Kuwait

Middle East

Overseas/International

Head - Consolidation & Support 

Job Description for Head - Consolidation & Support  in NEXUS HR CONSULTANTS PVT. LTD. in  Kuwait Middle East Overseas/International for (9-15) years of experience. Apply Now!