What Jobs are available for Accounting Professionals in Bahrain?

• Conduct in-depth financial analysis, including budgeting, forecasting, and variance analysis.
• Develop and maintain complex financial models for strategic planning and decision support.
• Prepare comprehensive financial reports, dashboards, and presentations for management.
• Analyze financial performance against key performance indicators (KPIs) and industry benchmarks.
• Identify financial trends, risks, and opportunities, providing actionable recommendations.
• Collaborate with accounting teams to ensure the accuracy and integrity of financial data.
• Support the annual budgeting process and ongoing financial reviews.
• Evaluate the financial implications of business decisions and strategic initiatives.
• Contribute to the improvement of financial processes and systems.
• Ensure compliance with relevant accounting standards and regulations.

• Bachelor's degree in Accounting, Finance, Economics, or a related field.
• Professional certification (e.g., CPA, CMA, CFA) is highly preferred.
• Minimum of 5 years of experience in financial analysis or accounting.
• Strong proficiency in financial modeling, data analysis, and MS Excel (advanced functions).
• Experience with financial ERP systems and reporting tools (e.g., SAP, Oracle, Tableau).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple priorities in a remote setting.

• Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with IFRS/GAAP.
• Manage the budgeting and forecasting processes, ensuring alignment with strategic business objectives.
• Develop and implement robust internal control systems to safeguard company assets and ensure financial accuracy.
• Analyze financial performance against budgets and forecasts, identifying variances and recommending corrective actions.
• Supervise and mentor the accounting team, fostering a culture of accuracy and efficiency.
• Manage cash flow, accounts payable, and accounts receivable functions.
• Ensure compliance with all local and international accounting standards and tax regulations.
• Liaise with external auditors during the annual audit process.
• Develop and maintain strong relationships with internal stakeholders, providing financial expertise and support.
• Identify opportunities for process improvement and cost optimization within the finance department.

• Bachelor's degree in Accounting or Finance. A Master's degree is a plus.
• Professional accounting qualification (e.g., ACCA, CPA, CMA) is required.
• Minimum of 5-7 years of progressive experience in accounting or financial management, with at least 2 years in a supervisory or management role.
• Strong knowledge of financial reporting standards (IFRS/GAAP).
• Proven experience in budgeting, forecasting, and financial analysis.
• Excellent understanding of internal controls and risk management.
• Proficiency in accounting software (e.g., SAP, Oracle) and advanced Excel skills.
• Strong leadership, analytical, and problem-solving abilities.
• Effective communication and interpersonal skills.
• Ability to work effectively in a hybrid environment, balancing remote and in-office responsibilities.

• Develop and maintain complex financial models for forecasting, budgeting, and scenario analysis.
• Prepare monthly, quarterly, and annual financial reports for senior management.
• Conduct variance analysis, identifying key drivers and providing actionable insights.
• Support the annual budgeting process and long-range financial planning.
• Analyze financial performance against historical data, budgets, and forecasts.
• Assist with the preparation of financial statements and ensure compliance with GAAP/IFRS.
• Identify trends and opportunities for revenue growth and cost reduction.
• Collaborate with various departments to gather financial data and understand business operations.
• Implement and improve financial reporting processes and systems.
• Provide ad-hoc financial analysis and support for strategic initiatives.

• Bachelor's degree in Accounting, Finance, Economics, or a related field.
• CPA or CFA designation is highly preferred.
• Minimum of 5-7 years of experience in financial analysis, accounting, or a related role.
• Proficiency in financial modeling, forecasting, and budgeting.
• Strong understanding of accounting principles (GAAP/IFRS).
• Advanced Excel skills (pivot tables, VLOOKUPs, complex formulas) and experience with financial software (e.g., SAP, Oracle, QuickBooks).
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple priorities in a remote environment.
• Detail-oriented with a high degree of accuracy.

Company Description

IS Advisory (IS) is a team of talented financial experts in accounting and finance. IS is client-oriented and provides customized accounting and advisory services to meet the unique needs of each client. Our services focus on delivering excellent financial solutions tailored to help clients achieve their business goals. IS is committed to maintaining the highest standard of professionalism and excellence in the industry.

Role Description

This is a full-time on-site role for an Accounting Intern located in Manama. The Accounting Intern will be responsible for assisting with the preparation of financial statements, using accounting software, performing journal entries, and supporting finance-related tasks. The intern will also be involved in analytical tasks to support various financial processes.

Qualifications

• Proficiency in preparing Financial Statements and handling Journal Entries
• Familiarity with various Accounting Software
• Strong Finance knowledge
• Excellent Analytical Skills
• Strong attention to detail
• Ability to work efficiently in a team environment
• Currently pursuing or recently completed a degree in Accounting, Finance, or a related field

Job Title: Accounting Trainee
Location:
Seef District, Kingdom of Bahrain

Purpose
An Accounting Trainee plays a crucial role in Accounting and bookkeeping practices of the company. You will play a crucial role in building a high-performing team that drives our company's success.

Key Responsibilities

• Generate quotations, payment receipts, and Statements of Account (SOA) for the business development team upon request.
• Verify and post petty cash and employee reimbursement transactions.
• Reconcile supplier, bank, credit card, and petty cash accounts.
• Verify and record client payments, updating the status of open quotations.
• Create recurring invoices and new customer profiles in the Accounting System.
• Process payments, including verification, upload sheet creation, and individual payment requests.
• Verify and post supplier invoices, utility bills and other expense invoices in the Accounting System.
• Verify credit card statements, confirm payments, categorize transactions, prepare payment documents and do the postings to the accounting system.

Key Competencies

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Familiarity with accounting software (like QuickBooks, Xero, or SAP) is an advantage but not required.
• Strong understanding of basic accounting principles.
• Proficiency in Google Workspace tools, specially Google Sheets (or MS Excel) e.g., Google Drive, File Management, spreadsheet formulas, pivot tables etc.
• Excellent numerical skills and a high degree of accuracy and attention to detail.
• Effective written and verbal communication skills.
• A proactive and eager-to-learn attitude.
• Ability to manage multiple priorities and work in a fast-paced environment.
• Strong organizational and time-management skills.
• Ability to work independently and as part of a team.
• Maintaining high ethical standards and confidentiality in Accounting practices.
• Professional certifications or pursuing candidates in Accounting such as ACCA, CPA, CA, are a plus.

Key Attributes

• Attention to Detail
• Eagerness to Learn
• Strong Organizational Skills
• Critical-Thinker and Problem-Solver
• Numerical Proficiency
• Proactive Attitude
• Confidential and Trustworthy

What's in it for you?

• Competitive Compensation Package: Get rewarded with a salary that reflects your talent and drive.
• Flexible Hours: Enjoy the freedom to work in a way that suits you best.
• Work from Anywhere: Unleash your potential with the option to work remotely up to 2 days per week.
• Fun Team Events: Dive into monthly team-building activities and social events that bring out your competitive spirit.
• Creative Vibes: Join a vibrant and innovative environment where your creativity flourishes and your voice is heard.

A Look At Our Hiring Process

• Phone Interview
• Assessment
• First Interview
• Second Interview

If you're ready to take your Accounting expertise to the next level and be part of an exciting team, apply now

About Anfal:

Anfal is the investment arm of Ali Zaid AlQuraishi & Brothers (AZAQ), a distinguished Saudi family holding company with a rich legacy of business excellence. Guided by the mantra "Investing for the Long-Term," Anfal is committed to fostering sustainable growth and creating enduring value across its diversified portfolio.

Job Summary:

Job Title:
Accounting Analyst

Department:
Accounting

Location:
Manama, Bahrain

Job Purpose:

To provide accurate and timely reports to the senior management while managing the complete investment operations and liaising between the relevant departments. The Accounting Analyst will play a key role in various cross functional initiatives between Investments, Treasury, FP&A and Accounting.

Job Responsibilities:

• Prepare regional listed equities monthly management reports with the senior management.
• Maintaining documentation related to regional listed equities investments.
• Ensure timely receipt of dividends
• Ensure correct and complete recording of capitals call and distributions in the investment management application.
• Ensure correct and complete recording of NAV Reports
• Ensuring timely execution of capital calls relating to direct investments
• Ensuring timely receipt of distributions and following up with investment team in case of delays.
• Reconciling internal reports with fund manager reports
• Reconciling internal reports with fund of funds reports
• Participate in various cross divisional initiatives.
• Support the audit process by providing documentation and responding to audit inquiries.
• Preparing monthly liquidity requirements for international investments and communicating the same with Group's Treasury team
• Preparing full year international investments projections and communicating the same with Group's Treasury team
• Support in/or Communicating various instructions with the international banks
• Addressing inquiries from international banks and institutions

Desired Qualifications & Experience:

• Bachelor's Degree in Accounting, Finance or a related field.
• 2+ years of experience.
• Fluency in Arabic and English is a must.
• Certifications: (ACCA, CA, CMA or CPA).