257 Audit Manager jobs in Bahrain

Lead and manage audits across financial, operational, compliance, IT, and risk areas. Develop audit plans, assess governance and controls, identify gaps, and recommend improvements. Act as SPOC for clients, deliver reports,and mentor teams.

Health insurance

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Office cab/shuttle

• Develop and execute the annual internal audit plan based on risk assessments.
• Lead and manage the execution of financial, operational, and compliance audits.
• Assess the adequacy and effectiveness of internal controls and risk management processes.
• Identify control weaknesses, inefficiencies, and non-compliance issues.
• Develop practical and actionable recommendations for remediation.
• Prepare clear and concise audit reports for senior management and the Audit Committee.
• Supervise, train, and mentor a team of internal auditors.
• Communicate audit findings and recommendations effectively to stakeholders.
• Follow up on the implementation of audit recommendations.
• Stay updated on relevant regulations, industry best practices, and emerging risks.

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification such as CIA (Certified Internal Auditor), CPA, or CISA is highly preferred.
• Minimum of 7 years of experience in internal audit, with at least 3 years in a supervisory or management role.
• Strong understanding of internal auditing principles, standards, and methodologies.
• Experience auditing financial services institutions and knowledge of relevant regulations.
• Excellent analytical, critical thinking, and problem-solving skills.
• Strong written and verbal communication skills, including report writing.
• Proven leadership and team management abilities.
• Ability to build and maintain relationships with stakeholders at all levels.

As Internal Audit Manager you will be responsible for evaluating and enhancing the Company's internal controls, risk management, and financial reporting processes to strengthen the control environment. This role ensures compliance with laws and policies, safeguards assets, and improves operational efficiency and profitability. Key responsibilities include conducting audits, identifying discrepancies, providing recommendations, and overseeing the audit process from planning to follow-up.

Key Accountabilities:

• Development, monitoring and implementation of effective internal audit strategies that are aligned with the Company's business strategy.
• Re-establish a professional and trustworthy in-house internal audit department equipped with the necessary resources and tools, following the transition from an outsourced model.
• Develop, formulate and execute the Company's annual risk-based audit plan, in line with underlying goals.
• Plans the scope of audit assignments by performing a preliminary survey and risk assessment of operations, functions and activities under review.
• Ensures that programs for identifying and managing material risks and controls that could adversely affect the achievement of the Company's goals are continually assessed.
• Assess the adequacy of policies and procedures implemented within the Company.
• Review, assess and report internal control deficiencies, whether identified by business line, internal audit, or other control personnel in a timely manner and execute remedial actions.
• Review financial statements and supporting documentation for relevance, reliability and integrity.
• Prepare internal audit reports for initial submission to process owners, leadership, and external auditors, ensuring alignment with Senior Management's requirements to enhance operational and financial controls, improve processes, and facilitate reporting transparency and efficient resource utilization.
• Serve as the catalyst for process improvement activities by providing insight and recommendations based on audit findings.
• Preparing agenda, reports and presentations for the Audit Committee.
• Liaising with external auditor for any statuary audits or regulatory compliance assessments.
• Establishing and reviewing the Internal Audit manual and guidelines and ensuring the implementation of all policies and procedures.

Qualification & Experience

• Bachelor's degree or higher in accounting or finance or a related discipline.
• Possessing an accredited professional designation in accounting or internal auditing (i.e. ACCA/ACA/CPA/CIA/CISA).
• Minimum 15 years relevant experience in the financial sector, of which at least 5 years in insurance/reinsurance including at least 2 years in an internal audit management position.
• In-depth working knowledge of current and emerging internal auditing practices in a regulated industry and related international auditing standards.
• Preferably, an already approved person by the Central Bank of Bahrain (CBB).

Overview

Our Client is seeking an Audit Manager business-savvy individual with a passion for innovation and the confidence to develop and promote a strategic vision, both internally and externally.

Audit services involve reporting on the fairness, in all material respects, of a client's audited financial statements presented in conformity with the applicable financial reporting framework.

• Collaborate with Partners to define and execute comprehensive audit strategies that adhere to International Financial Reporting Standards (IFRS).
• Personally perform intricate audit procedures and lead teams or sub-teams on client engagements.
• Manage the financial aspects of engagements by strategically allocating staffing and proactively communicating any resource concerns to project leaders.
• Champion the delivery of exceptional client service by ensuring that the highest quality of work is consistently delivered.
• Proactively identify and assess potential risks throughout the audit process, escalating critical issues to the appropriate parties.
• Foster a positive learning environment by providing coaching and mentorship opportunities to junior team members.
• Contribute to talent acquisition, retention, and training initiatives for Assurance professionals.
• Maintain a comprehensive educational program to enhance the personal and professional skills of the audit staff.
• Establish, maintain, and strengthen internal and external relationships that contribute to the firm's overall success.
• Participate in strategic business development activities to expand the firm's client base.

• Proactive, accountable, and results-driven.
• Excellent at managing competing priorities, resources, and communication.
• Deep knowledge of current auditing techniques.
• Understanding of current and upcoming IFRS.
• Proficient in audit tools and data analytics.
• Excellent English communication and presentation skills.

• Minimum 7 years in external audit.
• Experience with a Big 4/Big 6 accounting firm is preferred.
• Experience with risk-based audit processes.
• Project Management experience.
• Proven coaching, mentoring, and counseling experience.

If you are interested in the opportunity please send us your updated resume to:

Role Description

This is a full-time on-site role for a Senior Audit Manager located in Manama. The Senior Audit Manager will be responsible for overseeing the audit process, ensuring the accuracy of financial statements, and providing strategic financial advice. Daily tasks include conducting financial audits, analyzing financial data, preparing audit reports, and ensuring compliance with financial regulations. The role also involves mentoring junior staff, liaising with clients, and staying updated with industry standards.

Qualifications

Strong skills in Financial Statements and Financial Audits Excellent Analytical Skills with a solid background in Finance and Accounting Bachelor's degree in Accounting, Finance, or a related field Professional certification (CPA, CA, ACCA) is preferred Excellent communication and leadership skills. Ability to manage multiple projects and meet deadlines. Experience in a similar role within the auditing industry is a plus.

Please share your CV's at You may visit our website @

Job Type: Full-time

Pay: BD BD per month

Ability to commute/relocate:

• Manama: Reliably commute or planning to relocate before starting work (Preferred)

Responsibilities:

1. Preparation of internal audit schedules and comprehensive audit programs.
2. Manages audits for all companies under the group, in accordance with internal audits schedules.
3. Manages the assessment of the relevancy, reliability and credibility of financial and operating information.
4. Manages the assessment of the effectiveness and efficiencies of the utilization of the organization's resources.
5. Reviews the scrutiny of records of assets including materials, equipment and buildings; ascertaining their safeguarding and proper depreciation being charged.
6. Manages the assessment of compliance with legal and fiscal requirements and other regulatory matters.
7. Supervises the assessment of the achievement of established objectives and goals for operations and programmes.
8. Investigates any frauds and follows up for implementing accepted suggestions.
9. Performs any special tasks as requested by the Audit Committee.
10. Coordinates with External Auditors over all auditing activity as relevant.
11. Undertakes regular risk assessments and suggests preventative measures, taking appropriate actions.
12. Manages the audit team by allocating appropriate personnel to different audit activities, ensures their training, and undertakes their performance review by evaluating their management of audit assignments.
13. Ensures the proper introduction and application of software/hardware/other resources to improve the functionality of the department.

Minimum Requirements:

1. Chartered Accountant/Certified Public Accountant.
2. High analytical skills to be able to find queries (including technical/non-accounting/etc. points).
3. Team development skills.
4. Well-developed interpersonal skills.

About The Company:

Management Information Resource Associates - MIRA is an independent, UK and Bahrain based Consultancy Practice that offers business consultancy services and comprehensive business solutions across a wide range of industries, business sectors and government organizations. MIRA works on implementing lucrative partnerships with organizations which we believe have growth potential with the geographic focus on promising locations in the Middle East. Our approach balances the risks and builds on the region's untapped opportunities. We create tailor-made solutions that cater for organizations in the region, while enhancing international best practices and benchmarks.

• Manage and supervise audit engagements for clients in the banking, insurance, and investment management sectors.
• Develop and execute audit plans, including risk assessments, control testing, and substantive procedures.
• Lead and mentor audit staff, providing guidance and feedback to ensure high-quality deliverables.
• Review work papers and financial statements to ensure accuracy, completeness, and compliance with IFRS and local regulations.
• Communicate effectively with clients, addressing their concerns and providing valuable insights and recommendations.
• Identify and assess complex accounting and auditing issues, recommending appropriate solutions.
• Ensure adherence to firm policies, professional standards, and regulatory requirements.
• Manage engagement economics, including budgeting and resource allocation.
• Contribute to business development efforts by identifying opportunities for additional services.
• Stay updated on industry trends, emerging risks, and changes in accounting and auditing standards.

• Bachelor's degree in Accounting or Finance.
• Certified Public Accountant (CPA) or equivalent qualification is essential.
• Minimum of 7 years of progressive experience in auditing, preferably within a public accounting firm.
• Proven experience auditing financial services clients (banks, insurance companies, investment funds).
• Strong knowledge of IFRS, financial reporting, and regulatory requirements in the financial services industry.
• Excellent leadership, team management, and client relationship skills.
• Strong analytical and problem-solving abilities with meticulous attention to detail.
• Proficiency in audit software and Microsoft Office Suite.
• Ability to manage multiple projects simultaneously and meet tight deadlines.