Senior Accountant

LBCK; Kuwait; On-site; KWD 30,000 - 50,000; Full time

Job summary

LBCK in Kuwait is seeking an experienced accountant to manage the full accounting cycle including accounts payable, accounts receivable, payroll, and financial statement preparation. The position requires a Bachelor’s degree in Accounting and a minimum of 7 years of relevant experience, ideally in contracting or construction.

The ideal candidate will have strong knowledge of Kuwaiti financial regulations, proficiency in accounting software and MS Office, as well as excellent organizational and communication skills.

Qualifications

• 7–10 years of accounting experience, ideally in contracting, construction, or service industries.
• Ability to work independently and take full ownership of the company’s accounting and finance function.

Responsibilities

• Handle the full accounting cycle including accounts payable, accounts receivable, and payroll.
• Prepare and present financial statements to management.
• Monitor and control company budgets, cash flow, and financial forecasts.
• Ensure compliance with financial regulations and company policies.

Skills

Accounting principles knowledge

Kuwaiti financial regulations

Proficiency in accounting software

MS Office (especially Excel)

Organizational skills

Analytical skills

Problem-solving skills

Strong communication skills

Education

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

CPA/ACCA or equivalent preferred

Tools

Accounting software

MS Office

Job description

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or related field (CPA/ACCA or equivalent preferred).
• 7–10 years of accounting experience, ideally in contracting, construction, or service industries.
• Strong knowledge of accounting principles and Kuwaiti financial regulations.
• Proficiency in accounting software and MS Office (especially Excel).
• Excellent organizational, analytical, and problem-solving skills.
• Ability to work independently and take full ownership of the company’s accounting and finance function.
• Strong communication skills to present financial information clearly to management.
• Ability to work independently and handle the full spectrum of accounting tasks.

Duties & Responsibilities

• Handle the full accounting cycle: accounts payable, accounts receivable, payroll, general ledger, reconciliations, and fixed assets.
• Prepare and present monthly, quarterly, and annual financial statements to the General Manager.
• Monitor and control company budgets, cash flow, and financial forecasts.
• Maintain accurate, up-to-date financial records.

Billing, Collections & Payments

• Oversee client invoicing and follow up on collections to ensure timely payments.
• Manage supplier and subcontractor invoices, ensuring accurate and timely payments.
• Monitor contracts and financial obligations to avoid delays or penalties.
• Negotiate and coordinate with banks for facilities, guarantees, or other financial services as needed.

Compliance & Audit

• Ensure compliance with Kuwait’s financial regulations and company policies.
• Liaise with external auditors for year-end audits and provide all required documentation.
• Establish and maintain proper accounting procedures and internal controls.

Systems & Processes

• Implement and maintain accounting systems and software for efficiency and accuracy.
• Safeguard financial records and documentation for easy retrieval and compliance purposes.
• Continuously improve financial processes to align with company growth.