Finance Business Partner - Otis
Posted on :
22-10-2024
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1 Vacancy
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Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
22-10-2024
Job Description
Date Posted:
Country:
Kuwait Location:
KWT01: Al Tijaria Tower 10th Floor Al Soor Street Mirqab Strategic Responsibilities:
- 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 Otiss 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 costeffective services.
Core Responsibilities:
- 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 companys 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 Kuwaits 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 Kuwaits 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
People Management
- 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.
Minimum Qualifications
- Bachelors degree in Finance/Accounting or equivalent
- Masters degree in Finance/Accounting is preferred
Professional Certifications
Relevant certification such as Certified Management Accountant (CMA) or equivalent is preferred
Years of Experience
Minimum of 10 years of relevant experience in managing financial operations in a construction/engineering organization
Nature of Experience
At least 8 years in positions of progressively increasing managerial responsibilities
Language Skills
Fluent written and spoken English essential
If you live in a city chances are we will give you a lift or play a role in keeping you moving every day.
Otis is the worlds leading elevator and escalator manufacturing installation and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide the industrys largest Service portfolio.
You may recognize our products in some of the worlds most famous landmarks including the Eiffel Tower Empire State Building Burj Khalifa and the Petronas Twin Towers! We are 69000 people strong including engineers digital technology experts sales and functional specialists as well as factory and field technicians all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse global team with a proven legacy of innovation that continues to be the bedrock of a fastmoving highperformance company.
When you join Otis you become part of an innovative global industry leader with a resilient business model. Youll belong to a diverse trusted and caring community where your contributions and the skills and capabilities youll gain working alongside the best and brightest keep us connected and on the cutting edge.
We provide opportunities training and resources that build leadership and capabilities in Sales Field Engineering and Major Projects and our Employee Scholar Program is a notable point of pride through which Otis sponsors colleagues to pursue degrees or certification programs.
Today our focus more than ever is on people. As a global peoplepowered company we put people passengers customers and colleagues at the center of everything we do. We are guided by our values that we call our Three Absolutes prioritizing Safety Ethics Quality in all that we do. If you would like to learn more about environmental social and governance (ESG) at Otis click
here
. Become a part of the Otis team and help us #Buildwhatsnext!
Otis is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status age or any other federally protected class. To request an accommodation in completing an employment application due to a special need or a disability please contact us at
confidential
.This job has been sourced from an external job board.
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