KAC180228120208 - Finance Director

Organization: Kuwait Airways Job: Finance Director
Division: Finance Employment Type: Full Time - Permanent
Last date of application: 2018-03-28 Country: Kuwait,


Job Description:


Kuwait Airways (KU: IATA, KAC: ICAO) is the official national carrier of the State of Kuwait.

Established in 1953 as a private company, the airline was initially 50 per cent owned by the Kuwaiti government. In 1962, the government assumed 100 per cent ownership, making it the longest serving, official state carrier operating from the Arabian Gulf Region.  Kuwait Airways employs over 4,800 people, and the head office is in the heart of Kuwait City, close to Kuwait International Airport (KWI).

The airline currently provides regular scheduled services to 36 international destinations in the Far East, Middle East, Europe and North America.  Kuwait Airways’ fleet of 23 aircraft currently consists of 5 x B777-300ER, 7 x A320-200CEO (completed delivery Q2 2015), 5 x A330s (completed delivery Q4 2015), 4 x A340-300, 9 x Boeing 777-200, and 1 x Boeing 747-400. Kuwait Airways will boast the youngest commercial airline fleet in the world.
Kuwait Airways is recruiting for the role of Finance Director.
In this role, your tasks will include but not be limited to:
  1. Planning, coordinating and directing the activities of assigned personnel in the Finance Department. 
  2. Directing the preparation of long-term business plans and annual budgets in conjunction with the Deputy Finance Director, Financial Accounting and Treasury, and the Deputy Finance Director, Financial Control, and the Budget Committee. You are to assist the Chairman and Managing Director in setting the annual budget of financial targets for all departments in KAC.              
  3. Initiating programs of financial and accounting systems in conjunction with the Deputy Finance Director for Financial Accounting and Treasury to meet KAC financial policies and procedures and statutory requirements, and ensuring proper implementation of such systems.
  4. Directing the preparation of the closing of KAC annual accounts, periodic financial statements on the Company's financial position as well as the profit/loss accounts with supporting statements, and ensuring the timely presentation to Top Management and the Ministry of Finance.
  5. Directing and coordinating all cash movement for KAC and monitors all KAC accounts. 
  6. You are to work in conjunction with the Deputy Finance Director for Financial Control to provide the appropriate level of financial expertise, both in quantity and quality, and you are to assist the Departments Directors in achieving their financial targets and in executing all of their financial affairs in accordance with KAC rules and regulations and procedures.    



Requirement:

  1. University degree in Accounting.
  2. Holder of professional financial and accounting qualifications
  3. Master degree in accounting is preferred.
  4. More than 15 years' of experience in an accounting field, of which 10 years should have been as a financial controler of a large company.
  5. No less than 6 years of experience in a supervisory position within the Airline Industry.
  6. Proficient in English


Skills:

  1. Strong leadership skills
  2. Comfort around Higher Management
  3. Strong team building skills
  4. Strong Business Acumen



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