15 Accounting Specialist jobs in Bahrain

• Conducting in-depth forensic accounting investigations.
• Analyzing financial records to detect fraud, financial impropriety, and discrepancies.
• Reconstructing financial transactions and quantifying financial losses.
• Gathering and preserving evidence in accordance with legal standards.
• Preparing comprehensive forensic accounting reports and summaries.
• Assisting legal counsel with case preparation and providing expert witness testimony.
• Utilizing data analytics tools for fraud detection and investigation.
• Collaborating with internal and external stakeholders, including legal teams and law enforcement.

• Bachelor's degree in Accounting, Finance, or a related field.
• Certified Fraud Examiner (CFE) or equivalent certification is highly desirable.
• Proven experience in forensic accounting, fraud investigation, or auditing.
• Strong understanding of accounting principles, auditing standards, and legal procedures.
• Proficiency in data analysis software and forensic accounting tools.
• Excellent analytical, problem-solving, and critical thinking skills.
• High level of integrity, discretion, and ethical conduct.
• Exceptional written and verbal communication skills.

• Conducting in-depth investigations into allegations of fraud, embezzlement, money laundering, and other financial crimes.
• Analyzing financial statements, transaction records, and other relevant documentation to identify patterns of suspicious activity.
• Reconstructing incomplete or compromised financial records.
• Quantifying financial losses resulting from fraudulent activities.
• Preparing detailed forensic accounting reports, including findings, methodologies, and conclusions.
• Providing expert witness testimony in court proceedings, depositions, and arbitration hearings.
• Collaborating with internal audit teams, external legal counsel, and regulatory bodies.
• Developing and implementing fraud prevention strategies and internal controls for clients.
• Conducting data analysis using specialized forensic accounting software and techniques.
• Advising clients on risk management and compliance matters related to financial crime.

• Conducting in-depth financial investigations into suspected fraud, embezzlement, and other financial crimes.
• Analyzing financial data, records, and transactions to identify anomalies and discrepancies.
• Tracing illicit financial flows and quantifying financial losses.
• Preparing detailed reports documenting findings and evidence.
• Assisting in the recovery of misappropriated assets.
• Providing expert witness testimony in court proceedings.
• Collaborating with legal teams, law enforcement, and regulatory bodies.
• Developing and implementing fraud prevention strategies.
• Performing due diligence and risk assessments for clients.
• Staying updated on relevant laws, regulations, and accounting standards.
• Utilizing specialized forensic accounting software and tools.
• Training and mentoring junior accounting staff on fraud detection techniques.
• Maintaining the highest standards of professional ethics and integrity.

Operation

Division Finance

Location

Closing Date 17-Dec-2024

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 .

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.

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.

Extensive knowledge of accounting principles, and a proactive approach to problem-solving.

Competence to handle both Business users and Suppliers under the AP function.

Bachelor's degree in accounting or finance.

Professional qualifications such as ACCA is preferred.

5+ years of relevant experience in finance/accounting.

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):

• Plan and execute forensic accounting investigations, including data analysis, interviews, and evidence gathering.
• Identify and trace illicit financial activities, money laundering schemes, and fraudulent transactions.
• Analyze financial statements, general ledgers, and other accounting records to detect anomalies and irregularities.
• Quantify financial losses resulting from fraud or misconduct.
• Prepare detailed forensic accounting reports, summarizing findings, methodologies, and conclusions for legal teams, clients, and regulatory bodies.
• Provide expert witness testimony in legal proceedings, explaining complex financial matters in a clear and concise manner.
• Develop and implement internal control recommendations to prevent future fraudulent activities.
• Collaborate effectively with legal counsel, law enforcement agencies, and other stakeholders during investigations.
• Stay current with evolving fraud schemes, investigative techniques, and relevant legislation.
• Maintain strict confidentiality and ethical standards throughout all investigations.
• Assist in the recovery of assets through legal and financial means.

• Bachelor's degree in Accounting, Finance, or a related field. A Master's degree or CPA/CA certification is highly desirable.
• Minimum of 6 years of experience in accounting, with at least 3 years focused on forensic accounting, fraud examination, or litigation support.
• Proven experience in conducting complex financial investigations and analyzing large datasets.
• Strong knowledge of accounting principles, auditing standards, and relevant laws and regulations pertaining to financial fraud.
• Expertise in using forensic accounting software and data analytics tools (e.g., ACL, IDEA, Excel advanced functions).
• Excellent analytical, critical thinking, and problem-solving skills.
• Exceptional written and verbal communication skills, with the ability to articulate complex findings clearly.
• Ability to work independently and manage multiple complex cases concurrently in a remote environment.
• High degree of integrity, professionalism, and discretion.
• Experience with litigation support and providing expert testimony is a significant advantage.
• Demonstrated ability to work effectively with diverse teams and clients remotely.

• Process a high volume of vendor invoices accurately and in a timely manner.
• Verify and reconcile vendor statements and resolve discrepancies.
• Ensure proper coding and approvals are obtained for all invoices.
• Manage the three-way matching process (PO, invoice, receiving report).
• Prepare and process weekly/bi-weekly payment runs (checks, ACH, wire transfers).
• Maintain the vendor master file, ensuring accuracy and completeness.
• Respond to vendor inquiries and resolve payment issues promptly.
• Assist in month-end close activities related to accounts payable.
• Prepare journal entries and accruals as needed.
• Assist with audit requests and provide necessary documentation.
• Identify and implement process improvements within the AP function.
• Ensure compliance with company policies and procedures.
• Maintain organized and complete electronic/physical filing systems for AP documents.
• Reconcile corporate credit card statements.
• Assist with expense report processing and audits.
• Support the accounts receivable team when necessary.
• Ensure data integrity within the accounting system.
• Stay updated on AP best practices and relevant regulations.
• Collaborate effectively with internal departments and external vendors remotely.
• Contribute to a positive and efficient remote team environment.

• Associate's or Bachelor's degree in Accounting, Finance, or a related field preferred.
• Minimum of 3 years of experience in accounts payable.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Strong understanding of accounts payable principles and procedures.
• Excellent organizational skills and attention to detail.
• Ability to manage workload effectively and meet deadlines in a remote setting.
• Strong communication and interpersonal skills for virtual interactions.
• Ability to work independently with minimal supervision.
• Experience with electronic invoice processing systems is a plus.
• Basic understanding of general ledger principles.
• Ability to handle confidential information with discretion.
• Proactive approach to problem-solving.
• Adaptable to learning new systems and processes quickly.
• High level of accuracy and efficiency.
• Familiarity with tax requirements related to AP (e.g., W-9, 1099).
• Commitment to ethical conduct and professional integrity.

• Process a high volume of vendor invoices accurately and efficiently, ensuring proper coding and authorization.
• Verify the accuracy of invoices against purchase orders and receiving documents.
• Prepare and process weekly and monthly payment runs (checks, ACH, wire transfers).
• Reconcile vendor statements and resolve discrepancies in a timely manner.
• Maintain the vendor master file, ensuring all information is current and accurate.
• Respond to vendor inquiries regarding payment status and discrepancies.
• Assist with month-end closing procedures related to accounts payable.
• Ensure compliance with company policies and procedures for AP processing.
• Generate reports on aging accounts payable and payment forecasts.
• Support internal and external audits by providing necessary documentation and explanations.
• Identify and recommend process improvements to enhance AP efficiency and accuracy.
• Maintain organized and well-documented electronic and physical filing systems.
• Process employee expense reports and reimbursements.
• Adhere to strict deadlines for all AP-related tasks.
• Stay informed about changes in AP best practices and regulations.

• High school diploma or equivalent required; Associate's degree in Accounting or Finance is preferred.
• Minimum of 3-5 years of experience in an Accounts Payable role.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Strong understanding of AP principles and procedures.
• Excellent data entry accuracy and speed.
• Meticulous attention to detail and organizational skills.
• Ability to multitask and manage time effectively.
• Good communication and interpersonal skills.
• Ability to work independently with minimal supervision.
• Familiarity with different payment methods.
• A proactive approach to problem-solving.
• Understanding of internal controls related to AP.