Job Purpose
The Finance officer is responsible for handling accounting activities relating to the Bank’s Profit & Loss, Fixed Assets, Chart of Accounts, etc. He ensures that depreciations for the fixed assets statements are updated and processed. He assists in the compilation and preparation of various reports.
Main Duties
- Prepares Fixed Assets depreciation schedules
- Verifies accuracy and completeness of vouchers relating to fixed asset purchases, disposals and write-offs
- Prepares Profit and Loss Statements, Deposits and Advances position reports for submission to the Management and Board.
- Prepares consolidated Income and expenditure statements
- Checks batch reports of Head Office operations
- Opens New Ledgers and maintains of Chart of Accounts
- Prepares consolidated reports required by external auditors and QCB auditors.
- Processes Staff Gratuity calculations and assists in preparation of balance sheets
- Assists in the preparation of Balance Sheets
- Assists in preparation of the Bank’s annual budget
- Prepares ALCO statements, analysis reports of Bank’s market share in Deposits & Advances , currency-wise deposits
Essential Qualifications/Experience Required
- University Degree in Business / Banking / Finance / Accounting
- Min. 3 to 5 years’ experience in Accounting Procedures
- Good written and oral communication skill in English. Arabic is an advantage
- Strong Excel & Word skill
- Should be from the Kuwait market
