Financial Controller
National Bank of Kuwait - NBK
Total des années d'expérience :18 years, 4 Mois
1. Manage, monitor and control the daily business activities.
2. Develop financial reporting and analysis of overall performance indicators in alliance with the concerned business.
3. Develop policies and procedures to adhere with accounting policy, SAMA, GAZT (VAT) and IFRS.
4. Develop internal control policies to insure compliance and risk mitigation.
5. On time, accurate monthly detailed reports to SAMA, central Bank of Kuwait and NBK International Business Group (IBG) CFO.
6. ALCO preparation and presentation of financial data.
7. Maintain an on time SAMA regulatory reporting.
8. Mange and facilitate the relationship with external auditors in terms of financial statements interim audit, zakat, and withholding tax.
9. Provisions estimation as per Bank policy and risk apatite.
10. Forecasting different income and expenses streams on monthly bases.
11. Full engagement in end of year budgeting process.
12. Mentor, coach, and develop team members acquiring business knowledge.
13. Representation of NBK at SAMA’s frequent CFO meetings.
1. Manage, monitor and control the daily businesses activities by using financial and non-financial data.
2. Develop financial models and analysis of overall retail products performance in alliance with product managers.
3. Develop policies and procedures to adhere with accounting policy, treatment, and IFRS.
4. On time, accurate monthly detailed reports up to the branch level that include commentary variance analysis.
5. Monitor retail products portfolios in terms of yields, leakages, additions and non-performing loans analysis.
6. Engage in provisions estimation as per Bank policy and risk apatite.
7. Overall control on retail projects as per policy.
8. Mentor, coach, and develop team members acquiring business knowledge.
9. Forecasting retail businesses financials on monthly bases.
10. Ownership of profitability and break even analysis of branches.
11. Full engagement in end of year budgeting process for the whole retail sector for each cost and profit center.
1. Manage, monitor and control the daily business activities.
2. Use financial modeling and analysis to assist the business in evaluating their proposals.
3. Develop policies and procedures to adhere with accounting policy and treatment.
4. On time monthly reports that goes to higher management on the performance of the Auto Leasing business.
5. Develop and create Ad hoc reports and analysis as required.
6. P&L planning and forecasting.
7. Problem solving on day to day issues with customers accounting wise.
8. Monitor the Auto Lease Portfolio with a detailed and financial analysis.
1.Ensuring internal control over payments and receivables.
2.Putting policies to reduce transaction time.
3.Weekly auditing of invoices and submissions to customers.
4.Communicating with Freddie Mac, Fannie May and others on
foreclosed properties.
1. Preparation of monthly Achievement Reports.
2. preparing the financial statements for the consumer finance sector.
3. using key performance indicators and financial ratios.
4. Cost control and budgeting.
5. GL reconcilation
6. managing the sectors business (Credit cards, personal finance and lease ledning ) in order of weekly meeting and reporting with business planners.
7. Monitoring the consumer finance sector's portfolio.
8. preparation of monthly provisions for the sector.
a.Handling non-PO invoices payments through SAP.
b.Cash forecasting on a monthly basis.
c.Coordinating between bank accounts and investment accounts.
d.Coordinating investment deals with local banks.
e.Insuring internal control procedures and correct GL posting.
f.Zakat and income tax coordination and calculation
a.Handling all fee related operations bank wide to insure profitability.
b.Monitoring and reporting fees and commissions.
c.Analysis of various aspects of the banks operations to provide a clear view to the top management on fees status.
d.Developing project plans and profit and loss forecast for adding a new program to target segments or new fees.
e.Developing policies and procedures for the fee unit.
f.Was involved in the yearly planning and forecasting for the mass marketing dep
a.Handled all the e-banking transactions, reconcile the statements of the local and international banks.
b.Processed the foreign & local suppliers' payments in a timely manner, ensuring a full compliance to the internal control procedures & preparing financial reports.
c.Handling all supplier issue and solving problems.
GPA 2.6