8 Accounting Principles jobs in Bahrain

General Ledger & Accounts Payable Specialist

Manama, Capital Zain Bahrain

Posted 23 days ago

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Job Description

ZAIN1366 - General Ledger & Accounts Payable Specialist

Operation

Division Finance

Location

Closing Date 17-Dec-2024

About Zain

Zain 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 Role

The 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
  1. Maintenance of the general ledger for the Company including subsidiaries, journal entry preparation, account reconciliations, and ledger analysis.
  2. Ensure adherence to accounting policies, procedures, and internal controls to safeguard the integrity of financial data.
  3. Support the month-end close process, coordinating with cross-functional teams to ensure accurate and timely financial reporting.
  4. Review/finalize journal entries, accruals, and adjustments to ensure completeness and accuracy of financial statements.
  5. Support financial reporting activities, including the preparation of monthly, quarterly, and annual financial statements in accordance with company policies.
  6. Collaborate with internal and external auditors to facilitate audits and address any audit findings or inquiries.
  7. Identify opportunities for process improvements and automation to enhance the efficiency and effectiveness of general ledger processes.
  8. Implement best practices and streamline workflows to optimize resource utilization and minimize errors.
  9. Provide training, coaching, and mentorship to team members to enhance their skills in accounting and finance.
  10. Stay updated on accounting standards, regulations, and industry trends, and share knowledge with the team.
  11. Collaborate with other departments, such as Accounts Payable, Accounts Receivable, and Financial Planning & Analysis, to ensure alignment and accuracy of financial data.
  12. Ensure the invoice processing and payments maintaining accuracy, completeness, and compliance with company policies and procedures.
  13. Maintain relationships with vendors and suppliers, addressing any issues or concerns related to accounts payable transactions.
  14. Identify opportunities to streamline accounts payable processes and improve efficiency through automation, standardization, and best practices while ensuring compliance with accounting standards.
  15. Support the month-end and year-end close processes, including accruals, reconciliations, and financial reporting related to GL/accounts payable.
  16. Perform any other related tasks as requested.
Skills and Knowledge Required:

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 Experience

Bachelor's degree in accounting or finance.

Professional qualifications such as ACCA is preferred.

5+ years of relevant experience in finance/accounting.

About Application Process

If 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-Ljbffr
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Senior Financial Analyst, Accounting

303 Hamad Town, Northern BHD70000 Annually WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client is looking for a highly motivated and detail-oriented Senior Financial Analyst to join their esteemed accounting department. This position, situated in Hamad Town, Northern, BH , is crucial for providing critical financial insights and supporting strategic decision-making. The ideal candidate will possess a strong understanding of accounting principles, financial modeling, and reporting, with a proven ability to analyze complex financial data and present findings clearly and concisely.

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.
Qualifications:
  • 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.
This is an excellent opportunity for a talented finance professional to contribute to a growing organization in Hamad Town, Northern, BH , offering a competitive salary and benefits.
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Remote Senior Financial Analyst - Accounting

2255 Busaiteen, Muharraq BHD80000 Annually WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client, a dynamic and rapidly expanding organization, is seeking a highly analytical and detail-oriented Senior Financial Analyst to join their finance team in a fully remote capacity. This pivotal role will be instrumental in providing critical financial insights, supporting strategic decision-making, and enhancing financial planning and analysis processes. You will be responsible for financial modeling, forecasting, budgeting, variance analysis, and developing key performance indicators (KPIs) to drive business performance. The ideal candidate will possess a strong foundation in accounting principles, advanced proficiency in financial modeling software (e.g., Excel, Hyperion), and experience with ERP systems. You will collaborate closely with various departments to gather financial data, interpret trends, and present comprehensive financial reports and recommendations to senior management. This position requires excellent communication skills, the ability to translate complex financial data into clear business insights, and a proactive approach to identifying and solving financial challenges. As a remote employee, you must possess exceptional organizational skills and the discipline to manage your workload effectively.

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.
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Senior Financial Analyst - Forensic Accounting

717 Riffa, Southern BHD65000 Annually WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client is seeking a highly analytical and detail-oriented Senior Financial Analyst specializing in Forensic Accounting. This hybrid role requires a candidate who can perform critical financial investigations, identify irregularities, and provide expert insights to support legal and compliance teams. The successful candidate will spend a portion of their week in our **Riffa, Southern, BH** office and the remainder working remotely, offering a flexible work-life balance. You will play a pivotal role in ensuring the financial integrity of our operations and safeguarding assets against fraud and misconduct.

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.
Qualifications:
  • 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.
This position is ideally suited for a proactive and investigative financial professional looking to make a significant impact within our organization. The hybrid model allows for focused work both in the office in **Riffa, Southern, BH** and from a remote location.
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Senior Financial Controller - Corporate Accounting

70605 Northern, Northern BHD110000 Annually WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client is seeking a highly motivated and detail-oriented Senior Financial Controller to manage and oversee the accounting operations for their corporate headquarters in Shakhura, Northern, BH . This role requires a strategic thinker with a strong foundation in financial reporting, internal controls, and regulatory compliance. You will be responsible for preparing and analyzing monthly, quarterly, and annual financial statements in accordance with IFRS/GAAP. This includes managing the general ledger, accounts payable, and accounts receivable functions. The Senior Financial Controller will play a critical role in budgeting, forecasting, and financial planning processes, providing insights to senior management. Ensuring the accuracy and integrity of financial data, developing and implementing robust internal control systems, and overseeing financial audits are key responsibilities. You will also be involved in tax planning and compliance, and ensuring adherence to all relevant financial regulations. The ideal candidate will possess exceptional analytical skills, a thorough understanding of accounting principles, and proficiency in accounting software (e.g., SAP, Oracle, QuickBooks Enterprise) and advanced Excel. Experience with ERP systems and financial consolidation tools is highly desirable. Strong leadership and team management abilities are essential, as you will likely oversee a team of accounting professionals. Excellent communication and interpersonal skills are required to effectively collaborate with various departments and stakeholders. A Bachelor's degree in Accounting or Finance is mandatory, and a CPA, CMA, or equivalent professional certification is strongly preferred. A minimum of 8 years of progressive experience in corporate accounting, with at least 3 years in a supervisory or management role, is required. This is an excellent opportunity to join a growing organization and have a significant impact on its financial health.
This advertiser has chosen not to accept applicants from your region.

Senior Financial Analyst - Corporate Accounting

212 Busaiteen, Muharraq BHD90000 Annually WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client, a rapidly expanding global corporation, is seeking a highly analytical and detail-oriented Senior Financial Analyst to join their fully remote accounting team. This role is critical for supporting financial planning, analysis, and reporting functions. You will be instrumental in driving financial insights, improving financial processes, and ensuring the accuracy and integrity of financial data.

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.
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Senior Financial Controller - Corporate Accounting

700 Durrat Al Bahrain BHD130000 Annually WhatJobs

Posted 2 days ago

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Job Description

full-time
Our client is seeking a highly experienced and detail-oriented Senior Financial Controller to oversee corporate accounting functions from a fully remote position. This critical role will be responsible for managing all aspects of financial reporting, compliance, internal controls, and strategic financial planning for the organization. You will ensure the accuracy, integrity, and timeliness of all financial data, working closely with internal teams and external auditors. This is an ideal opportunity for a seasoned finance professional looking to leverage their expertise in a remote-first environment, impacting the financial health and strategic direction of a growing company.

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.
Qualifications:
  • 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.
This remote role offers a fantastic opportunity to contribute significantly to our financial operations from anywhere, supporting our teams and strategic initiatives. We provide a competitive compensation package and benefits.
This advertiser has chosen not to accept applicants from your region.
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Lead Accounting Manager - Financial Reporting

567 Askar, Southern BHD98000 Annually WhatJobs

Posted 1 day ago

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Job Description

full-time
Our client is a growing organization seeking a highly skilled and experienced Lead Accounting Manager to oversee their financial reporting functions. This is a fully remote position, offering flexibility and the opportunity to work from anywhere with a reliable internet connection. You will be responsible for managing the month-end and year-end closing processes, preparing accurate and timely financial statements, and ensuring compliance with relevant accounting standards (e.g., IFRS, GAAP). The ideal candidate possesses a strong understanding of financial accounting principles, internal controls, and audit processes. You will lead a team of accountants, providing guidance, training, and performance management. Key responsibilities include developing and maintaining accounting policies, streamlining accounting operations, and collaborating with external auditors. A proven ability to analyze financial data, identify discrepancies, and implement corrective actions is essential. This role requires excellent organizational skills, meticulous attention to detail, and strong leadership capabilities. You will play a vital role in maintaining the integrity of the company's financial information and supporting strategic decision-making. The ability to work independently and effectively manage tasks in a remote setting is crucial.

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 .
This advertiser has chosen not to accept applicants from your region.
 

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