RMC Manager – Alghanim Industries – Kuwait City – Kuwait

Job Summary
This position will be responsible for supporting the implementation of a robust program to mitigate risks and automate manual processes across the company by building a close working relationships with the executive team, controllership, internal audit, compliance, and other corporate functions. This position will also lead a department of professionals to continuously monitor and report performance with KPIs and other tools required in the furtherance of risk management and internal control objectives.

Job Responsibilities
Manage the execution of all RMC led activities by the Controllership, including risk assessment; control testing; finance process KPIs; policy and procedures; policy deviations; controls automation; external audit issues; and balance sheet reviews.
Advise on the company-wide risk management, risk assessment and corporate governance programs with the Controllership.
Organize meetings to discuss RMC activities and conduct workshops to train users and roll-out new initiatives.
Communicate the RMC results periodically to the top executive management after collecting data from businesses and presenting on an online dashboard.
Interact with the CFO and Group Controller to communicate RMC results.
Prepare and present RMC annual and half-yearly reports to the CEO and Chairman.
Randomly review and assess the adequacy of business units’ control testing and account reconciliation results to provide independent assurance to the management.
Provide feedback on new or updated policies and procedures developed by the business units.
Follow-up and track remediation status of deficiencies identified during controls testing and KPIs.
Manage companywide implementation of corporate projects to automate manual processes within budgetary cost controls.
Reorganize the process of central trade-credit collections and accounting, and design the related computer-based system, for effective management and tracking.
Lead the designing of interfaces between SAP / Non-SAP accounting systems, central payment management system, Treasury, SWIFT network, and Banks for end-to-end integrated payments.
Execute especial internal audits and fraud investigations to provide independent report to management on the deficiencies in the control environment and recommend improvements.
Demonstrate technical proficiency in IT systems to provide guidance and advise alternate technologies, IT risk and controls, relevant standards, and historic control weaknesses in the company.
Administrate the Governance Risk & Compliance (GRC) computer software called BWise that is used to manage various RMC activities

Candidate Requirements
Graduate in Accounting or Finance with professionally qualification (CA/CPA/ACCA is a must), Certificate such as CRMA, CRISC, CIA or CISA will be an added advantage.
Strong post-graduate experience of 8 years in accounting or Risk management roles.
Proven role as a manager of people, processes and projects.
Strong understanding of COSO and SOX 404 requirements on internal controls.
Strong understanding of Companies laws and regulations.
Strong program administrator.
Proficient in using MS Office products.
Familiarity with well-known ERPs, like SAP.
Familiarity with GRC applications, like BWise.

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