Head of Finance - Kuwait
Finance, Banking & Legal · Banking & Investments · Corporate Finance · Financial Analysis
In short
Arla Foods Kuwait is looking for a Head of Finance to own the financial agenda, including financial statements, closing, forecasting, and trade investment management. This role involves driving commercial performance dialogue, developing reporting and profitability analysis, and ensuring high-quality statutory reporting. The ideal candidate has a degree in Economics, Finance, or Management Accounting with over 5 years of relevant experience, strong financial competencies, and a results-oriented, cooperative approach.
Responsibilities
- Own the management and presentation of the JV Financial Statements (P&L, Balance Sheet and Cash Flow).
- Lead monthly closing and financial forecasting processes, ensuring accuracy and transparency of business performance.
- Ensure the accurate financial reflection of Trade and Marketing investments, including BDA, TPR, returns and campaign discounts, within the existing ERP systems.
- Drive the commercial performance dialogue, developing reporting, profitability analysis and financial insights to support better business decisions.
- Develop greater transparency of profitability across the business, including deeper understanding of performance across channels, customers and SKUs.
- Ensure high quality statutory reporting according to international laws and regulations (i.e. IFRS) and Arla Foods guidelines to relevant stakeholders.
- Own and drive Net Working Capital performance, including oversight of credit controlling activities.
- Act as the key finance interface across Arla Foods, the local JV partner and external and internal auditors, ensuring alignment and clarity on financial and technical accounting matters.
Requirements
- Degree in Economics, Finance or Management Accounting.
- +5 years of experience in a relevant role, preferably within Accounting and/or as a finance analyst/ business partner.
- Skills to drive both accounting agenda and performance management agenda.
- Independent and thrive in a position which calls for strong financial competencies.
- Result oriented and enjoy taking on challenges that invite cooperation across the organization.
Desired Qualifications
- Located at the head office of Arla Foods Kuwait in Salmiya.
- Direct reporting line to the Finance Director located in Dubai.
- Dotted line to the local GM of Arla Foods Kuwait.
- Working closely with the finance team in our local partner company.
- Working closely with the Senior Finance Manager looking after our Rest of Markets business cluster.
- Responsible for core finance processes like consolidation of the monthly results and the monthly financial forecasts.
- Assisting with analysis and preparation of material for the Kuwait Leadership Team.
- Important role as finance business partner to the commercial team in Kuwait, providing transparency into our performance and help the team drive our business forward.
Benefits
- Commitment to professional development and promoting from within.
- Dynamic, positive, collaborative culture.
- Market leader with household-favourite brands.
- Contributing to sustainable practices that benefit our customers, farmers, and the planet.
Skills
P&LBalance SheetCash FlowFinancial ForecastingERPProfitability AnalysisIFRSNet Working CapitalCredit Control
#Finance#Kuwait#Dubai#Head of Finance#Financial Control#Business Partnering#Financial Performance#Financial Governance#Performance Management#Commercial Insight#Reporting#Profitability Analysis#Statutory Reporting#Net Working Capital#Credit Control#Auditors#Consolidation#Financial Forecasts#Commercial Team#Economics#Finance#Management Accounting
About Arla
We are more than 23,000 colleagues across 39 countries and 7,624 dairy farmer-owners in Denmark, Sweden, United Kingdom, Germany, Belgium, Luxembourg, and the Netherlands. We aim to create the future of dairy, to bring healthy and sustainable dairy products to people across the world, and to lead the transition towards sustainable dairy farming and production. We work continuously on the farms, at the dairies, and in our administration to reduce our carbon footprint and environmental impact. We are committed to champion good food habits and inspire a healthy life. We collaborate with NGOs and…
Company
ArlaJob Posted
3 days ago
Expires
in 1 week
Employment Type
Full Time
Work mode
On Site
Experience Level
Mid-Senior
Locations
Dubai, United Arab Emirates
Salmiya, Kuwait
Qualification
Bachelor
Applicants
Be an early applicant
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