34 Accounting Manager jobs in Bahrain

• Manage and oversee all aspects of the accounting department, including general ledger, accounts payable, accounts receivable, and payroll.
• Lead the month-end and year-end closing processes, ensuring timely and accurate financial reporting.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
• Develop, implement, and maintain internal accounting controls and policies.
• Supervise, mentor, and develop a remote accounting team, fostering a collaborative and high-performing environment.
• Coordinate and manage external audits, providing necessary documentation and support.
• Analyze financial data, identify trends, and provide insights to support business decision-making.
• Ensure compliance with all relevant accounting regulations and tax laws.
• Streamline accounting processes and implement efficiency improvements using technology.
• Reconcile complex accounts and resolve discrepancies.
• Manage relationships with external auditors and financial institutions.
• Prepare budgets and forecasts in collaboration with department heads.

Purpose of Role
To manage reporting and reconciliations and to manage the Inventory Management Functions.

Key Accountabilities

1. Preparation of Monthly Accounts.
2. Prepare quarterly consolidated accounts for statutory audit.
3. Liaise with external auditors on a quarterly basis on the preparation of statutory accounts.
4. Ensure timely completion and submission of the quarterly statutory accounts as required by Bahrain Bourse and the Central Bank of Bahrain.
5. Review and monitor Balance sheet reconciliations performed on a monthly basis.
6. Review slow moving stock and make provision each quarter end.
7. Fixed Asset Management – Ensure all assets are tagged and verified on an annual basis.
8. Perform monthly and year end close of financial records.
9. Review and manage all Advertising and Beauty Advisor contracts, ensuring all contracts are recorded in the correct period.
10. Manage and review all Payables and Receivable account balances.

1. Review the stock control perpetual count plan and make changes as deemed necessary. Review the bi-annual full stock count plan with the Stock Control manager.
2. Review and follow up on stock count and spot check reports.
3. Analysis of inventory adjustments for posting to general ledger including the stock provision, stock damages and obsolete stock for write off.
4. Supervise the financial reporting function.
5. Ensure timely and accurate reporting.
6. Manage the external audit.

Ensure all internal controls on the Company Accounting system are in place by regular system monitoring and testing.

1. Supervise the Accounts Department.
2. Supervise the Inventory Control Department.
3. Liaise with the management company and other suppliers on a monthly basis to ensure all discrepancies are cleared and dealt with in a timely manner.

Knowledge, Skills & Experience Required

• Good accounting system skills.
• Retail or FMCG experience required.

Qualifications

• Degree educated (Accountancy or Finance).
• Qualified Accountant (ACCA, CPA, CIMA).

Person Specification

• Ability to be both strategic and operational.
• A logical and practical outlook on processes.
• Ability to clearly and confidently express ideas and facts both in the written and verbal form.
• Excellent presentation, report-writing, meeting management and facilitation skills.
• Ability to identify problems and provide solutions.

About The Company

Established in 2003, Clarendon Parker Bahrain is an International Recruitment Specialist Consultancy based in Bahrain’s Seef Business District. We specialise in mid to senior level professional, managerial, technical recruitment and staffing solutions in Bahrain and beyond. Our multinational team of consultants are experienced professionals within the fields they represent. Each consultant brings strong industry links and knowledge to better understand your business requirements. We know the market and we know our candidates!

Our team of dedicated consultants specialise in the following industries:

• Accounting, Finance & Banking
• Logistics & Customer Service
• Secretarial & Administration
• Human Resources & Recruitment
• Engineering & Construction
• IT/Telecom
• Marketing & PR
• Oil and Gas

The current range of services includes permanent and temporary recruitment, recruitment advertising campaigns, employee satisfaction surveys, state-of-the-art web-based recruitment technology and HR consulting services relating to recruitment processes and activities.

• Bachelor's degree in Accounting or Finance. Professional certification such as CPA, ACCA, or CMA is highly preferred.
• Minimum of 5 years of progressive accounting experience.
• In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and advanced Excel skills.
• Experience with financial statement preparation, general ledger management, and account reconciliation.
• Strong analytical and problem-solving skills, with meticulous attention to detail.
• Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of staff and management.
• Experience with audit procedures and regulatory compliance.
• Ability to manage multiple priorities and meet tight deadlines.
• Experience in a hybrid work environment is advantageous.

• Prepare monthly, quarterly, and annual financial statements in accordance with IFRS/GAAP.
• Manage and oversee the general ledger, ensuring accuracy and integrity of financial data.
• Perform bank reconciliations, account reconciliations, and variance analysis.
• Assist in the preparation of budgets and forecasts.
• Ensure compliance with all relevant accounting regulations and company policies.
• Support internal and external audits by providing necessary documentation and explanations.
• Identify and implement process improvements to enhance efficiency and accuracy in financial reporting.
• Prepare journal entries and accruals.
• Reconcile intercompany transactions and balances.
• Assist with tax preparation and compliance.

• Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., ACCA, CPA) is highly desirable.
• Minimum of 5 years of progressive experience in accounting, with a strong focus on financial reporting.
• In-depth knowledge of accounting principles (IFRS/GAAP).
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
• Strong analytical, problem-solving, and critical thinking abilities.
• Excellent attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team in a hybrid work environment.
• Experience with internal controls and audit processes.
• Proven ability to manage multiple tasks and meet deadlines.

• Prepare and review accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
• Manage the general ledger, ensuring all accounts are reconciled and maintained in accordance with accounting principles.
• Oversee month-end, quarter-end, and year-end closing processes.
• Ensure compliance with relevant accounting standards (GAAP/IFRS) and regulatory requirements.
• Assist with internal and external audits, providing necessary documentation and explanations.
• Develop and implement accounting policies and procedures to enhance internal controls.
• Analyze financial data to identify trends, variances, and provide insights to management.
• Prepare journal entries, accruals, and other accounting adjustments.
• Reconcile bank statements and other financial accounts.
• Support the budgeting and forecasting process.
• Stay up-to-date with changes in accounting regulations and best practices.

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting certification (e.g., CPA, ACCA) is highly preferred.
• Minimum of 5 years of progressive experience in accounting, with a strong focus on financial reporting.
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
• In-depth knowledge of GAAP or IFRS.
• Strong analytical, problem-solving, and organizational skills.
• Excellent attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and meet deadlines in a fast-paced environment.