Kuwait Job Openings
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Finance Controller (Kuwaiti Nationals) - Siemens Energy
Kuwait City
September 3, 2024
The Service Operations Finance Controller is responsible for the financial controlling of the Tooling Centre and Field Services department, which play a critical role in supporting the operational and project needs of the SE GS Business in Kuwait. This position involves financial planning, analysis, monthly closing, budgeting, and reporting to ensure efficient utilization of resources, accurate financial insights, and compliance with accounting and financial reporting guidelines and contractual regulations.
How You’ll Make an Impact
At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.
Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.
Siemens Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.
#LI-AE3
How You’ll Make an Impact
- Financial Planning and Analysis:
- Monitor financial performance of the investment against target payback.
- Analyze financial data and performance metrics to provide actionable insights and recommendations to optimize tooling center and field services operations.
- Forecast financial trends and assess potential risks, recommending proactive measures to mitigate them.
- Compliance and Regulatory requirements:
- Support preparation and submission of regular reports to KDIPA to ensure compliance with offset obligation contractual requirements.
- Collaborate with legal and regulatory teams to address financial compliance matters.
- Coordinate financial audits and liaise with auditors to facilitate the audit process.
- Budgeting and Cost Control:
- Prepare and manage annual budgets for the tooling center & field services, considering operational requirements and business goals.
- Monitor and control expenditures to ensure adherence to approved budgets, identifying areas for cost reduction or process improvement.
- Collaborate with internal departments to ensure accurate and timely cost allocation and reporting.
- Financial Reporting:
- Perform monthly closing activities and analyze and check financial reports, including income statements, balance sheets, cash flow statements, and perform variance analysis.
- Summarize financial data for executive management presentations, highlighting key performance indicators and trends.
- Prepare ad-hoc financial reports and analysis as requested by management.
- Performance Metrics and KPIs:
- Analyze and track relevant performance metrics and key performance indicators (KPIs) for the tooling center's financial health.
- Evaluate KPIs to measure efficiency, profitability, and resource utilization, making recommendations for improvement.
- Strategic Decision-making Support:
- Provide financial insights and recommendations to support strategic decision-making for the tooling center.
- Participate in cross-functional teams to assess potential investments and expansion opportunities.
- Lead the proposal development process for compression in the Middle East region, from initial client inquiry through proposal delivery.
- Collaborate with the sales and engineering teams to develop winning proposals that meet or exceed client expectations and requirements.
- Ensure that proposals are compliant with company policies, standards, and procedures.
- Develop and maintain a library of proposal templates, graphics, and other materials to support proposal development.
- Manage the proposal budget and resources to ensure timely delivery of high-quality proposals.
- Develop and implement processes and procedures to streamline the proposal development process and improve overall efficiency.
- Ensure that all proposals are delivered on time and meet or exceed quality standards.
- Maintain a thorough understanding of market trends, customer needs, and competitive offerings to inform proposal development strategies.
- Bachelor’s degree in finance, Accounting, Business Administration, or a related field;.
- Proven 3 years’ experience in financial management, preferably within the energy or related sectors.
- Excellent communication skills in English and in Arabic with the ability to present financial information to the internal and external stakeholders.
- Knowledge of relevant financial regulations, standards, and best practices.
- Strong analytical, problem-solving, and decision-making abilities.
- Attention to detail, accuracy, and the ability to work effectively under pressure.
- Only Kuwaiti nationals are eligible to apply for this position.
At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.
Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.
Siemens Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.
#LI-AE3
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