8 Accounting Principles jobs in Bahrain
General Ledger & Accounts Payable Specialist
Posted 23 days ago
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Job Description
Operation
Division Finance
Location
Closing Date 17-Dec-2024
About ZainZain is the pioneer of mobile telecommunications in the Middle East. We began life in 1983 in Kuwait as the region’s first mobile operator, and since the initiation of our expansion strategy in 2003, we have expanded rapidly. Read more here: About Us .
About The RoleThe Specialist – General Ledger & Accounts Payable will play a crucial role in ensuring the accuracy, integrity, and efficiency of the financial records within the financial operations department. He/she will be responsible for maintaining the general ledger, supporting the accounts payable operations, performing month-end close activities, and supporting financial reporting processes.
Main Responsibilities and Duties- Maintenance of the general ledger for the Company including subsidiaries, journal entry preparation, account reconciliations, and ledger analysis.
- Ensure adherence to accounting policies, procedures, and internal controls to safeguard the integrity of financial data.
- Support the month-end close process, coordinating with cross-functional teams to ensure accurate and timely financial reporting.
- Review/finalize journal entries, accruals, and adjustments to ensure completeness and accuracy of financial statements.
- Support financial reporting activities, including the preparation of monthly, quarterly, and annual financial statements in accordance with company policies.
- Collaborate with internal and external auditors to facilitate audits and address any audit findings or inquiries.
- Identify opportunities for process improvements and automation to enhance the efficiency and effectiveness of general ledger processes.
- Implement best practices and streamline workflows to optimize resource utilization and minimize errors.
- Provide training, coaching, and mentorship to team members to enhance their skills in accounting and finance.
- Stay updated on accounting standards, regulations, and industry trends, and share knowledge with the team.
- Collaborate with other departments, such as Accounts Payable, Accounts Receivable, and Financial Planning & Analysis, to ensure alignment and accuracy of financial data.
- Ensure the invoice processing and payments maintaining accuracy, completeness, and compliance with company policies and procedures.
- Maintain relationships with vendors and suppliers, addressing any issues or concerns related to accounts payable transactions.
- Identify opportunities to streamline accounts payable processes and improve efficiency through automation, standardization, and best practices while ensuring compliance with accounting standards.
- Support the month-end and year-end close processes, including accruals, reconciliations, and financial reporting related to GL/accounts payable.
- Perform any other related tasks as requested.
Extensive knowledge of accounting principles, and a proactive approach to problem-solving.
Competence to handle both Business users and Suppliers under the AP function.
Qualification and ExperienceBachelor's degree in accounting or finance.
Professional qualifications such as ACCA is preferred.
5+ years of relevant experience in finance/accounting.
About Application ProcessIf you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application, you would need the following document(s):
#J-18808-LjbffrSenior Financial Analyst, Accounting
Posted 1 day ago
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Job Description
Key Responsibilities:
- Prepare and analyze monthly, quarterly, and annual financial statements and reports.
- Develop and maintain complex financial models for forecasting, budgeting, and variance analysis.
- Conduct in-depth analysis of financial performance, identifying trends, risks, and opportunities.
- Collaborate with various departments to gather financial data and support their budgetary needs.
- Assist in the development of annual budgets and long-term financial plans.
- Perform ad-hoc financial analysis and support strategic initiatives as required.
- Ensure compliance with accounting standards and regulatory requirements.
- Identify and implement process improvements within the finance function.
- Contribute to the month-end and year-end closing processes.
- Provide financial guidance and support to operational teams.
- Analyze the impact of economic and business trends on financial performance.
- Assist in the preparation of presentations for senior management and stakeholders.
- Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., CPA, ACCA) is highly desirable.
- Minimum of 5 years of experience in financial analysis, corporate accounting, or a similar role.
- Proficiency in financial modeling, forecasting, and budgeting techniques.
- Advanced knowledge of accounting software and ERP systems (e.g., SAP, Oracle).
- Strong understanding of GAAP/IFRS.
- Excellent analytical, critical thinking, and problem-solving skills.
- Exceptional communication and interpersonal skills, with the ability to explain complex financial information to non-financial audiences.
- High level of accuracy and attention to detail.
- Proficiency in Microsoft Excel, including advanced functions like pivot tables and VLOOKUPs.
- Ability to work independently and as part of a team in a deadline-oriented environment.
Remote Senior Financial Analyst - Accounting
Posted 1 day ago
Job Viewed
Job Description
Key Responsibilities:
- Develop and maintain complex financial models for forecasting, budgeting, and long-range planning.
- Conduct in-depth variance analysis, investigating discrepancies between actual results and forecasts/budgets.
- Prepare monthly, quarterly, and annual financial reports and presentations for senior management.
- Identify key financial drivers and provide actionable insights to support strategic decision-making.
- Assist in the development and monitoring of key performance indicators (KPIs).
- Collaborate with department heads to gather financial data and support their budgeting processes.
- Analyze financial performance, identify trends, and recommend strategies for improvement.
- Support M&A activities through financial due diligence and valuation analysis.
- Ensure the accuracy and integrity of financial data.
- Streamline and improve financial reporting and analysis processes.
- Stay current with accounting standards and financial best practices.
- Provide ad-hoc financial analysis and support as required.
- Mentor junior analysts and contribute to team development.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or a related field; CPA or CFA designation is a plus.
- 5+ years of progressive experience in financial analysis, FP&A, or a related accounting role.
- Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and financial modeling.
- Experience with financial planning software (e.g., Hyperion, Adaptive Insights) and ERP systems (e.g., SAP, Oracle).
- Strong understanding of accounting principles (GAAP/IFRS).
- Excellent analytical, problem-solving, and quantitative skills.
- Strong written and verbal communication skills, with the ability to present complex financial information clearly.
- Proven ability to work independently, manage multiple priorities, and meet deadlines in a remote environment.
Senior Financial Analyst - Forensic Accounting
Posted 1 day ago
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Job Description
Responsibilities:
- Conduct in-depth forensic accounting investigations into suspected fraud, financial misconduct, and other irregularities.
- Analyze complex financial data, transaction records, and accounting systems to identify discrepancies, patterns, and anomalies.
- Prepare detailed reports documenting findings, methodologies, and conclusions, often for use in litigation or regulatory proceedings.
- Quantify financial losses resulting from fraudulent activities and assist in recovery efforts.
- Develop and implement internal controls and procedures to mitigate financial risks and prevent future occurrences.
- Collaborate closely with internal audit, legal counsel, compliance officers, and external stakeholders.
- Conduct interviews with relevant parties to gather information and corroborate findings.
- Stay current with relevant laws, regulations, and professional standards in forensic accounting.
- Assist in the development and delivery of anti-fraud training programs.
- Testify as an expert witness in legal proceedings when required.
- Bachelor's degree in Accounting, Finance, or a related field. A Master's degree or CPA/CA/CMA is highly preferred.
- Minimum of 5 years of experience in accounting, with at least 3 years focused on forensic accounting, fraud investigation, or litigation support.
- Strong understanding of accounting principles, auditing standards, and relevant legal frameworks.
- Proficiency in data analysis and investigative techniques, including experience with data mining and forensic accounting software.
- Excellent analytical, critical thinking, and problem-solving abilities.
- Exceptional written and verbal communication skills, with the ability to present complex findings clearly and concisely.
- High degree of integrity, professionalism, and ethical conduct.
- Experience in a Big Four accounting firm or a specialized forensic accounting firm is a significant advantage.
- Familiarity with the regulatory environment in Bahrain is a plus.
- Ability to work effectively both independently and as part of a collaborative team in a hybrid setting.
Senior Financial Controller - Corporate Accounting
Posted 1 day ago
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Job Description
Senior Financial Analyst - Corporate Accounting
Posted 1 day ago
Job Viewed
Job Description
Responsibilities:
- Prepare and analyze monthly, quarterly, and annual financial statements and reports.
- Conduct variance analysis, identifying key drivers and providing explanations for financial performance.
- Develop financial models and forecasts to support strategic decision-making and business planning.
- Assist in the budgeting process, working closely with various departments to gather input and consolidate budgets.
- Monitor key performance indicators (KPIs) and provide insights into business trends.
- Support internal and external audits by providing necessary documentation and explanations.
- Identify opportunities for process improvements and implement enhancements to financial systems and reporting.
- Ensure compliance with accounting standards (e.g., IFRS, GAAP) and internal control policies.
- Prepare ad-hoc financial analyses and reports as requested by management.
- Collaborate with cross-functional teams to provide financial support and guidance.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional certification such as CPA, CMA, or equivalent is highly preferred.
- A minimum of 5 years of progressive experience in financial analysis and corporate accounting.
- Strong understanding of accounting principles and financial reporting standards.
- Proficiency in financial modeling, forecasting, and budgeting techniques.
- Advanced skills in Microsoft Excel (e.g., pivot tables, VLOOKUP, complex formulas).
- Experience with accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks Enterprise).
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication and interpersonal skills, with the ability to present financial information clearly.
- Proven ability to work independently and manage multiple priorities in a remote environment.
This fully remote position offers a competitive salary, comprehensive benefits, and significant opportunities for professional growth within a dynamic and supportive organization. If you are a driven finance professional looking for a challenging and rewarding remote role, we encourage you to apply.
Senior Financial Controller - Corporate Accounting
Posted 2 days ago
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Job Description
The ideal candidate will possess a deep understanding of accounting principles (GAAP/IFRS), financial regulations, and best practices in corporate finance. You will be responsible for preparing monthly, quarterly, and annual financial statements, managing the budget process, conducting variance analysis, and identifying opportunities for financial improvement. Experience with ERP systems and advanced proficiency in accounting software and Microsoft Excel are essential. You will also play a key role in developing and implementing robust internal control systems to safeguard company assets and ensure compliance. Strong leadership and communication skills are necessary, as you will be expected to collaborate effectively with senior management, department heads, and external stakeholders. This role requires a proactive, analytical, and solutions-oriented approach to financial management, ensuring the organization operates with financial clarity and integrity.
Key Responsibilities:
- Oversee all corporate accounting operations, including general ledger, accounts payable, and accounts receivable.
- Prepare accurate and timely monthly, quarterly, and annual financial statements in accordance with relevant accounting standards.
- Manage the financial budgeting and forecasting process.
- Develop and implement internal controls to ensure the accuracy and integrity of financial reporting.
- Liaise with external auditors and manage the annual audit process.
- Ensure compliance with all relevant financial regulations and tax laws.
- Conduct financial analysis, identify trends, and provide insights to support strategic decision-making.
- Manage cash flow, working capital, and banking relationships.
- Lead and mentor the accounting team, fostering professional development.
- Bachelor's degree in Accounting, Finance, or a related field; CPA or equivalent certification strongly preferred.
- 10+ years of progressive experience in corporate accounting, with at least 5 years in a controller or senior accounting management role.
- In-depth knowledge of GAAP/IFRS and financial reporting standards.
- Proven experience with ERP systems and advanced Microsoft Excel skills.
- Strong understanding of internal controls and financial compliance.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication, interpersonal, and leadership abilities.
- Experience working remotely and managing a distributed team is a plus.
- High level of integrity and ethical standards.
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Lead Accounting Manager - Financial Reporting
Posted 1 day ago
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Job Description
Responsibilities:
- Manage the month-end, quarter-end, and year-end closing processes.
- Prepare accurate and timely financial statements in accordance with relevant accounting standards.
- Oversee the general ledger function and ensure proper reconciliation of accounts.
- Develop, implement, and maintain internal controls to safeguard company assets.
- Lead and mentor a team of accounting professionals.
- Liaise with external auditors and manage the annual audit process.
- Develop and refine accounting policies and procedures.
- Analyze financial data, identify variances, and provide explanations to management.
- Ensure compliance with tax regulations and other financial reporting requirements.
- Drive improvements in accounting processes and systems for efficiency and accuracy.
Qualifications:
- Bachelor's degree in Accounting or Finance.
- Professional accounting certification (e.g., CPA, ACCA, CMA) is highly desirable.
- 8+ years of progressive experience in accounting, with at least 3 years in a management or supervisory role.
- Strong knowledge of IFRS or US GAAP.
- Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and advanced Excel skills.
- Experience with financial reporting systems and ERP implementation is a plus.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership, communication, and interpersonal skills.
- Ability to manage multiple priorities and meet deadlines in a remote work environment.
This remote position supports our accounting functions for clients in Sanad, Capital, BH .