2024-09-30 Kuwait KWT01: Al Tijaria Tower, 10th Floor, Al Soor Street, Mirqab

• Develops and implements strategic plans for Finance Department in line with the organizational objectives.
• Reviews the financial performance of the Finance Department against budgets to identify and capitalize on potential areas for cost reduction and performance improvement opportunities.
• Monitors the deployment of work processes in Finance Department in order to achieve high performance standards, continuous improvement and compliance with organizational policies, procedures and standards.
• Participates in the development of the workforce plan for the Finance Department by providing inputs based on workload analysis and forecasting trends.
• Participates in the implementation of Otis's vision, mission and cultural values across all employee groups in the Finance Department.
• Manages the implementation of approved Finance Department policies, procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering quality, cost-effective services.

• Acts as a strategic financial partner to the General Manager on the financial positioning of Otis Kuwait, highlighting strategic plans, financial budgeting, cash flow, accounting and policy matters.
• Monitors, interprets and challenges financial results and communicate issues, risks, opportunities and trends, and performance outlook to the management on a timely basis.
• Leads the annual budgeting process for Otis Kuwait and its functions in order to ensure that budgeting requirements are aligned to the strategic goals and objective of the organization.
• Monitors the overall financial performance including anticipated costs / revenues, excesses / deficits, areas of unsatisfactory performance and potential performance improvement opportunities to identify risk mitigation strategies.
• Ensures efficient and effective management of Otis Kuwait finances through all necessary financial controls, systems and processes, and ensures accuracy and integrity of the company’s financial records.
• Liaises with internal and external auditors and ensures that they are provided close cooperation and assistance in the discharge of their responsibilities, including all Otis Kuwait’s financial statements and reports.
• Ensures completeness, accuracy and timeliness of all financial reporting including the coordination and completeness of annual audit reviews, and ensuring compliance with all legal and statutory requirements.
• Advices management on any changes in legislation or regulations that may affect Otis Kuwait’s business operation
• Work with the senior management team to set the pricing strategy ensuring cost rates calculated provide full recovery to the business area, and profitable projects are sold

• Develops a continuous talent pipeline for key roles in the Finance Department and provides mentoring for high potential talent in the team.
• Monitors and enables the achievement of goals and key performance indicators for direct reports and ensures effective implementation of the performance management process in the department.
• Develops talent within the department by providing guidance, ongoing feedback, coaching and development opportunities to individuals to enable achievement of the defined goals.

• Bachelor’s degree in Finance/Accounting or equivalent
• Master’s degree in Finance/Accounting is preferred