Accounting Officer

HealthCare Dynamics Gen. Trading Company W.L.L; Kuwait City; On-site; KWD 15,000 - 30,000; Full time

Job summary

A newly established private university in Kuwait is seeking a highly motivated Accounting Officer. The role includes maintaining financial records, ensuring compliance with policies, preparing reports, and supporting audits. The ideal candidate will possess analytical skills and 3-5 years of relevant experience, contributing to the university’s financial transparency and health.

Qualifications

• 3-5 years of progressive experience in financial accounting and management.
• Knowledge of Kuwaiti financial regulations and tax laws.
• Fluency in English and Arabic.

Responsibilities

• Maintain accurate financial records and ensure compliance.
• Prepare financial reports and assist in budget development.
• Conduct financial analysis and support audits.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Education

Bachelor’s degree in Accounting, Finance, or related field

CPA or ACCA certification

Tools

Financial software

Excel

Job description

The International University of Science & Technology in Kuwait (IUK) is a newly established private university located in the heart of Kuwait near the Avenues Mall. Fully accredited by the Private Universities Council (PUC), it offers a wide range of academic programs in Engineering, Business, and Arts and Social Sciences, along with a Foundation Program in English and Math.

IUK is seeking highly motivated and skilled professionals in the finance & accounting field.

Position Summary:

The Accounting Officer is responsible for maintaining accurate financial records and ensuring compliance with university policies, regulations, and standards. Responsibilities include processing payments, managing accounts receivable/payable, preparing financial reports, and supporting audits to promote financial transparency and health.

Responsibilities:

• Ensure the integrity of financial data and compliance with accounting standards, university policies, and regulatory requirements.
• Assist in developing and monitoring annual budgets, providing financial insights and recommendations.
• Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements for management and stakeholders.
• Create and process fee slips, bills, invoices, and manage collections.
• Conduct financial analysis, variance analysis, and forecasting to support decision-making.
• Coordinate and participate in internal and external audits, ensuring proper documentation and compliance.
• Identify opportunities for cost control and efficiency improvements.
• Ensure compliance with local tax regulations and manage tax-related matters.
• Monitor and manage cash flow, providing recommendations for liquidity management.
• Develop and update financial policies and procedures in line with best practices and regulations.
• Maintain the university's general ledger, reconcile accounts, and ensure accuracy of financial records.
• Utilize financial software and tools for efficient management and reporting.

Education:

Bachelor’s degree in Accounting, Finance, or a related field. CPA or ACCA certification is a plus.

Experience:

3-5 years of progressive experience in financial accounting and management. Knowledge of Kuwaiti financial regulations and tax laws.

Technical Skills:

Proficiency in financial software and advanced Excel skills. Strong analytical and problem-solving abilities.

Behavioral Skills:

Attention to detail, high accuracy, ability to work under pressure, and problem-solving skills.

Languages:

Fluent in English and Arabic.