Job Description

Date Posted: 2009-11-02 Ref. JB1348434

Financial Manager
Ain Takaful

1. Plan, analyze, and develop financial strategies for the company.

2. Supervises and manages all aspects of the accounts department.

3. Formulate strategies and enable all financial resources to optimize organizational liquidity and service of capital for the Company.

4. Manage asset growth and minimize risk exposure of all investments.

5. Manage, analyze and ensure all financial controls (both internal and external), revenue targets, profits and any corrective actions are taken to guarantee alignment with the company's financial objectives.

6. Ensure that the company has an effective tax structure on all of its investments and assets.

7. Control the accounting process, design and track financial data, plans and projections.

8. Develop and maintain productive relationships with auditors, bankers, and other financial institutions.

9. Makes budget recommendations for various departments

10. Reviews and approves monthly, quarterly and year end accounting statements and reports.

11. Reviews and approves payments such as reimbursements, payments on accounts, vouchers, checks, etc

Skills

1. Atleast 5 years experience in the finance sector of the same level CA/CPA

2. Possess strong leadership and management skills, a level-headed problem-solver.

3. Must possess the character and experience to make formal presentations and defend financial statements.

4. Excellent verbal, written and interpersonal communication skills

5. Must have high energy level, a fast thinker with ingenuity and lots of common sense

6. Very articulate and fluent in English

Company Profile

We distinguish ourselves from the rest by the quality of the people we have in our organization. We are a company of professionals geared towards achieving ever challenging goals and delivering the best products and services to our customers.
Our human resources play a critical role in the fulfillment of our mission and vision. It is only fitting that we care for our employees and their interest by providing them with the means and opportunities to succeed in their jobs and to pursue their professional and personal growth.
We endeavor to align our Human Resources Management functions with the needs of our people and the strategies of our company. Consistent with this basic aspiration, we strive to develop and improve Human Resources programs and processes that support the attainment of individual, team, department, and our company objectives.
"Our Capital is Humans and not Financials"

Ain Takaful Insurance Company was incorporated in April 2006 as a Kuwaiti shareholding co. (closed) with a declared and fully paid-up capital of KD 5 million. Established with the objective to provide professional insurance services befitting the developments in the Islamic insurance market and to perform all business insurance and cooperation activities in line with Islamic Shariah principles, Ain Takaful Insurance Company is equipped to provide both qualitative and quantitative insurance products and services to meet the needs of the burgeoning Islamic market.

Ain Takaful Insurance Company undertakes only Shariah business and profits are distributed in accordance with pre-agreed ratios as per the Takaful Agreement. Likewise surpluses or losses are collectively shared. The Takaful system has a built-in mechanism to counter any over-pricing policies of the insurance companies because whatever may be the premium charged, the surplus will go back to participants in proportion to their contribution.