Group Leader Budget & Financing

Kuwait Aviation Services Co

About KASCO

Kuwait Aviation Services Company (KASCO), a subsidiary of Kuwait Airways established in 1981, is a leading provider of in-flight catering, ground handling, and commercial catering services in Kuwait. With one of the largest catering facilities in the region, KASCO serves airlines, corporations, and institutions, delivering high-quality aviation and hospitality solutions.

The Kuwait Aviation Services Company is pleased to announce an opening for the position of Budgeting, Planning and Cost Control Group Leader subject to the following requirements.

Role Profile

Role Title: Budgeting, Planning and Cost Control Group Leader

Department: FINANCIAL DEPARTMENT

Job Purpose

Supervising and monitoring the work of the cost group and calculating the costs of producing all products and processes in the company.

In this role, you will be responsible for key performance areas and responsibilities, including but not limited to the following:

• Conduct financial cost analysis for the company.
• Review cost calculations based on expenses, quantities, and prices.
• Monitor and control the prices of raw materials for the company's production processes.
• Supervise the review and approval of net allocations of new raw materials for the company.
• Supervise risk assessment and analysis, and determine how to mitigate risks.
• Review and evaluate the company's internal control systems.
• Implement and activate cost reduction programs and establish necessary procedures within the company.
• Supervise all accounting activities, monitor their implementation, and ensure that expenditures are not exceeded.
• Contribute to the design and development of the costing system and monitor the outputs of the company's sales system to provide the necessary data for the costing system.
• Collect and provide information to determine the cost of each of the company's products.
• Submit suggestions and modifications that contribute to better control over the movement of the company's assets.
• Prepare the company's budgets and actual financial statements.
• Prepare financial and accounting reports, conduct the necessary financial and statistical analyses, and submit them to the direct supervisor. Submitting proposals that contribute to the group's development and performance improvement.
• Performing any other duties assigned by the direct supervisor that are related to the nature of the department's work.
• Adhering to company policies, administrative circulars, and administrative decisions.
• Participating in relevant committees as assigned.
• Distributing tasks within the group among employees according to their experience and skills.
• Supervising the performance of the group's staff.
• Developing the technical and administrative skills of subordinates.
• Ensuring the group's staffing levels are adequate, requesting additional staffing when needed, and allocating resources as required to maintain a balanced group budget.