Kuwait Cement Ready Mix Concrete Company is opening the door for appointments to work for the company in the following fields 👇👇👇
- Kuwait Cement Ready Mix Company K.S.C.C. was incorporated on August 25, 2010, as awhollyowned subsidiary of Kuwait Cement Company K.S.C.C., boasting a substantial paid-up capital of 10,000,000 Kuwaiti dinars.
- The core focus of the company revolves around the production and provision of superior-grade products and services to cater to Kuwait's thriving building and construction sector.
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- Bolstered by robust support from its parententity and guided by a proficient board of directors, the company has swiftly emerged as a preeminent manufacturer of ready-mix concrete, demonstrating remarkable prowess and agility within a remarkably brief timeframe.
- Driven by a commitment to quality and a unique organizational structure, Kuwait Cement Ready Mix Company K.S.C.C. swiftly aligns customer interests with business goals.
- Key to its rapid success is a skilled workforce dedicated to delivering quality products, underpinning the company's unwavering pursuit of customer satisfaction for continued growth.
A reputed company is looking to fill the following local positions, preferably with candidates from a construction background:
Job Title: Inventory Accountant (Oracle ERP)
- Department: Finance / Supply Chain
- Reports To: Finance Manager
- Employment Type: Full-Time
Job Summary:
- The Inventory Accountant is responsible for managing and analyzing inventory transactions, valuations, and reconciliations within the Oracle ERP system.
- This role ensures the accuracy of inventory-related financial
Key Responsibilities:
- Inventory Accounting & Reconciliation
- Monitor and reconcile inventory sub-ledger (Oracle Inventory Module) to the general ledger (Oracle GL).
- Perform month-end and year-end inventory close activities in Oracle.
- Validate inventory valuation, including standard vs. actual cost variances, internal controls.
- Use Oracle modules such as Inventory (INV), Cost Management (CST), and General Ledger (GL).
- Review and maintain item master data, cost setup, and inventory transaction accuracy.
- Assist with Oracle inventory-related system upgrades, and data migration when required.
- Analyze inventory transactions (receipts, issues, transfers, and adjustments) and ensure proper accounting treatment.
- Track inventory in various locations (e.g., warehouse, consignment, in-transit).
- Maintain and analyze standard cost data in Oracle Cost Management.
- Perform cost rollups and simulate new cost scenarios.
- Work with operations and supply chain teams to ensure cost accuracy.
- Prepare inventory schedules and supporting documentation for internal and external audits.
- internal controls, and company policies.
- Support cycle counts and physical inventory counts; reconcile count results.
Reporting & Analysis
- Generate inventory valuation reports, cost variance reports, and usage analysis using Oracle BI or standard reports.
- Preparing Inventory Reports of Movements, stock Balances, check and validation of item control points.
- Provide insights into slow-moving, obsolete, or excess inventory and recommend provisions.
Qualifications and Skills:
- Bachelor’s degree in Accounting, Finance, or related field.
- 5+ years’ experience in inventory or cost accounting.
- Proficiency in Oracle ERP (especially Inventory and Cost Management modules).
- Strong Excel and analytical skills.
- A reputed company is looking to fill the following local positions, preferably with candidates from a construction background:
Job Title: Senior Accounts Payable / Accounts Receivable (AP/AR) Accountant – Oracle ERP
Department: Finance / Accounting
- Reports To: Finance Manager
- Employment Type: Full-Time
Job Summary:
- The Senior AP/AR Accountant is responsible for overseeing the end-to-end accounts payable and accounts receivable functions within the Oracle ERP system.
- This role ensures accurate and timely processing of payments and receipts, vendor and customer account reconciliation, reporting, and compliance with internal policies and accounting standards.
- The position also supporting audits and month-end closings.
Key Responsibilities:
1. Accounts Payable (AP) – Oracle Payables Module:
- Enter and match invoices in Oracle Payables module
- Review, verify, and process supplier invoices, ensuring compliance with POs and contracts.
- Prepare and Manage payment runs (check, TT, wire) and ensure timely disbursement to vendors.
- Reconcile AP subledger to General Ledger (GL).
2. Accounts Receivable (AR) – Oracle Receivables Module:
- Managing the full cycle of accounts receivable
- Generate and post customer Receipts and credit /Debit memos
- Monitor customer accounts, follow up on overdue payments, and manage collections.
- Review and Match, reconcile all Customer K-net and links transaction payments.
- Prepare Customer Credit Loss provision
- Apply customer payments, ensuring accurate matching and reconciliation.
- Handling Customer LC invoices / LG guarantee
- Reconcile customer accounts regularly to ensure accuracy
- Ensure all billing is in accordance with company contracts, terms, and agreements
- Handling customer Legal disputes, unapplied cash, and adjustments.
3. Month-End / Year-End Close:
- Prepare and post AP/AR journal entries, accruals, and provisions.
- Reconcile AP and AR subledgers to the GL; analyze aging reports and resolve variances.
- Provide schedules and documentation for audits and financial reporting.
4. Reporting and Analysis:
- Generate AP/AR aging reports, cash forecasts. Commitment reports
- Support financial planning and analysis with AR/AP data.↚
- Assist with internal and external audits by providing documentation and explanations.
- Identify and implement improvements in the AP/AR cycle and Oracle workflows.
- Support system upgrades, and process automation initiatives.
Qualifications and Skills:
- Bachelor’s degree in Accounting, Finance.
- 5+ years of experience in AP and AR roles, with at least 2 years in a senior capacity.
- Strong experience with Oracle ERP.
Interested candidates are requested to forward their CVs to:
- recruitment@kcrm-kw.com
- Please mention the position title in the email subject line.