14 Audits jobs in Bahrain

JOB PURPOSE

The IT Project Management Lead role is to lead, oversee, execute, and ensure the successful delivery and management of single or multiple projects within scope, quality, time, and cost constraints that may be clearly defined or may require dynamic change management to deliver business value. Key Responsibilities

Main Responsibilities:

Responsible for the end-to-end setup, implementation, and project management of Banking Risk, Compliance and Audit Related projects

Liaison & Communication

Analyse project proposals to determine time frame, funding limitations and appropriate process for accomplishing projects.

Develop project plans that identify resource and budgetary needs

Identify and schedule project deliverables, milestones, and required activities and tasks.

Provide leadership and motivation to project team members throughout the project life cycle andconfer with project staff to outline work plan.

Establish work plan and staffing for project activities, iterations, or phases, and arrange forrecruitment or assignment of project personnel.

Implement project communication plan.

Perform risk assessment and implement mitigation plans.

Monitor project activities, ensuring the currency, quality and integrity of the information, whileproviding consistency in content and "look and feel" across the enterprise.

Ensure that project goals are accomplished and are in line with business objectives.

Assign duties, responsibilities, and scope of authority to project personnel.

Direct and coordinate activities of project personnel to ensure that the project progresses on scheduleand within budget.

Prepare and Develop status reports and modify schedules or plans as required.

Operational Management

Direct and manage project development from beginning to end.

Develop full-scale project plans and associated communications documents.

Delegate tasks and responsibilities to appropriate personnel.

Identify and resolve issues and conflicts within the project team.

Identify and manage project dependencies and critical path.

Develop and deliver progress reports, proposals, requirements documentation, and presentations.

Proactively manage changes in project scope, identify potential crises, and devise contingency plans.

Build, develop, and grow any business relationships vital to the success of the project

Acquisition & Deployment

Estimate the resources and participants needed to achieve project goals.

Draft and submit budget proposals and recommend subsequent budget changes where necessary.

Where required, negotiate with other department managers for the acquisition of required personnel from within the company.

QUALIFICATIONS AND EXPERIENCE Threshold

Qualifications

A Bachelor's Degree in a related area such as Computer Science or Information Technologyrelated field

Project Management qualifications such as PMP, PRINCE2, or PMI-ACPYears & Nature of Experience

7-10 years direct work experience in "Risk, Compliance & Audit" related project managementcapacity, including all aspects of process development and execution.

Experience in managing technical and business projects.

Experience with managing Waterfall and Agile Projects, with executing transformation from waterfall to Agile SKILLS AND COMPETENCIES

Personal Attributes

Experience at working both independently and in a team-oriented, collaborative environment is essential.

Can conform to shifting priorities, demands and timelines through analytical and problem-solving capabilities.

Reacts to project adjustments and alterations promptly and efficiently.

Flexible during times of change.

Ability to read communication styles of team members and contractors who come from a broad spectrum of disciplines.

Persuasive, encouraging, and motivating.

Ability to elicit cooperation from a wide variety of sources, including upper management, clients, and other departments.

Ability to defuse tension among project team, should it arise.

Ability to bring a project to successful completion through political sensitivity.

Strong written and oral communication skills. Strong interpersonal skills

Experience and Knowledge:

Strong familiarity with project management software KEY PERFORMANCE INDICATORS

Ensure Projects are completed on time and on budget

Ensure projects are well communicated to stakeholders by identifying progress and properly identifying issues and risks.

Deviation from Estimated vs Actuals for cost and schedule

Job Types: Full-time, Contract

Contract length: 36 months

Pay: BD1, BD1, per month

• Manage day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, and payroll accounting.
• Prepare and review monthly, quarterly, and annual financial statements and reports.
• Ensure timely and accurate closing of the general ledger in accordance with established timelines.
• Reconcile bank statements, balance sheet accounts, and other financial data.
• Develop, implement, and maintain internal accounting controls and policies.
• Coordinate with external auditors, providing necessary documentation and explanations for audit procedures.
• Ensure compliance with local and international accounting standards (e.g., IFRS, GAAP).
• Assist in budgeting and forecasting processes.
• Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.
• Stay current with changes in accounting regulations and best practices.
• Train and mentor junior accounting staff.

• Bachelor's degree in Accounting, Finance, or a related field. Professional accounting certification (e.g., CPA, ACCA, CMA) is highly preferred.
• Minimum of 7 years of progressive experience in accounting, with a strong focus on financial accounting and reporting.
• Proven experience in preparing for and supporting external audits.
• In-depth knowledge of accounting principles and standards (IFRS, GAAP).
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks Enterprise) and advanced Excel skills.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Strong organizational skills and meticulous attention to detail.
• Effective communication and interpersonal skills, with the ability to interact professionally with internal teams and external auditors.
• Ability to work independently and manage multiple tasks in a remote setting.
• Experience with ERP systems and financial reporting tools is a significant advantage.

• Conduct comprehensive financial analysis and reporting, ensuring accuracy and compliance.
• Perform internal audits to assess financial controls and identify discrepancies.
• Develop, implement, and monitor internal control systems to safeguard assets and ensure data integrity.
• Ensure adherence to GAAP, IFRS, and other relevant accounting and regulatory standards.
• Prepare detailed financial statements, budgets, and forecasts.
• Analyze financial performance, identify trends, and provide strategic recommendations to management.
• Conduct variance analysis and explain deviations from budget and forecast.
• Assess and mitigate financial risks, implementing appropriate control measures.
• Collaborate effectively with internal departments, external auditors, and regulatory bodies in a remote setting.
• Stay updated on changes in accounting regulations and best practices.
• Assist in the preparation of tax filings and other regulatory reports.
• Maintain accurate and organized financial records.

• Bachelor's degree in Accounting, Finance, or a related field. Master's degree or CPA/CA certification is highly desirable.
• Minimum of 7 years of experience in financial analysis, accounting, auditing, and compliance.
• Proven experience in performing financial audits and implementing internal controls.
• Strong understanding of GAAP, IFRS, and relevant financial regulations.
• Expertise in financial modeling, data analysis, and reporting tools (e.g., Excel, SQL, Power BI).
• Proficiency with accounting software (e.g., SAP, Oracle, QuickBooks Enterprise).
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional communication and interpersonal skills, adapted for remote work.
• Ability to work independently, manage priorities, and meet deadlines in a remote environment.
• High level of integrity and attention to detail.

• Assist in the preparation of financial statements and reports in accordance with accounting standards.
• Perform account reconciliations, including bank, accounts payable, and accounts receivable.
• Support internal and external audit processes by providing documentation and explanations.
• Ensure compliance with company accounting policies and procedures.
• Record financial transactions accurately and efficiently.
• Assist with month-end and year-end close procedures.
• Maintain organized financial records and documentation.
• Identify and report any discrepancies or irregularities in financial data.
• Collaborate with team members to ensure smooth financial operations.
• Stay informed about relevant accounting regulations and industry best practices.
• Respond to ad-hoc accounting inquiries and requests.

• Bachelor's degree in Accounting or Finance.
• Minimum of 3 years of experience in an accounting role, preferably with exposure to audits.
• Solid understanding of accounting principles (GAAP/IFRS).
• Proficiency in accounting software (e.g., Xero, NetSuite) and Microsoft Excel.
• Strong analytical and problem-solving abilities.
• High level of accuracy and attention to detail.
• Good organizational and time management skills.
• Effective communication and interpersonal skills.
• Ability to work independently and manage workload effectively in a remote setting.
• Eagerness to learn and develop professional accounting skills.

• Plan and execute financial audits in accordance with Generally Accepted Auditing Standards (GAAS) and regulatory requirements.
• Examine financial records, including expenditures, receipts, and other financial documentation, to ensure accuracy and completeness.
• Identify and assess financial risks and internal control weaknesses, recommending appropriate remediation measures.
• Prepare detailed audit reports, highlighting findings, potential risks, and actionable recommendations for management.
• Conduct analytical procedures and ratio analysis to identify significant trends and anomalies.
• Collaborate with external auditors to facilitate year-end audits and financial statement preparation.
• Stay updated on changes in accounting standards, tax laws, and regulatory requirements.
• Assist in the development and implementation of accounting policies and procedures.
• Reconcile financial discrepancies and ensure the accuracy of financial statements.
• Provide guidance and support to junior accounting staff.

• Bachelor's degree in Accounting or Finance.
• Active CPA license is mandatory.
• Minimum of 4-6 years of progressive experience in accounting, with a strong focus on financial auditing.
• In-depth knowledge of auditing principles, accounting standards (GAAP/IFRS), and regulatory frameworks.
• Experience with accounting software such as SAP, Oracle, or similar ERP systems.
• Proficiency in Microsoft Excel, including advanced functions like pivot tables and VLOOKUP.
• Excellent analytical, problem-solving, and investigative skills.
• Strong written and verbal communication skills, with the ability to present complex financial information clearly.
• Ability to manage multiple tasks and deadlines effectively in a dynamic environment.
• Experience with data analytics tools is a plus.
• Must be able to commute to our office in Isa Town, Southern, BH for hybrid work requirements.

ROLES AND RESPONSIBILITIES:

• Lead and manage internal audit engagements across multiple verticals including operational, financial, regulatory, compliance, IT, fraud risk management, IFC testing, SOP designing and reviewing, and enterprise risk management.
• Develop and execute risk-based internal audit plans, frameworks, and methodologies aligned with industry standards, client objectives, and regulatory requirements, particularly within the BFSI sector.
• Conduct assessments of governance structures, risk management processes, and internal control frameworks, ensuring alignment with BFSI and non-BFSI industry practices.
• Identify process gaps, control deficiencies, and compliance risks, and provide practical, value-added recommendations for improvement.
• Prepare and present clear, concise, and actionable audit reports to senior management and client leadership.
• Act as the Single Point of Contact (SPOC) for client engagements, audit committee meetings, board level presentations, ensuring service delivery, issue resolution, and relationship management.
• Provide direction to the IT team for digital workflows, plan, allocate, and review work of the audit team, ensuring quality, timeliness, and compliance with professional standards.
• Mentor, coach, and contribute to the professional growth and performance development of team members.
• Drive knowledge sharing within the team, fostering awareness of emerging risks, BFSI-specific regulatory updates, and audit best practices.
• Close out audit assignments independently with minimal supervision, ensuring deliverables are met to the highest standards.
• Stay updated with emerging risks, regulatory developments, and statutory changes relevant to BFSI and other industries.

DESIRED PROFILE

• Professional certification: CA, CPA, ACCA or equivalent professional qualification. CIA & CISA will be an added advantage.
• Experience: 3-5 years of relevant experience in internal audit, risk consulting within a consulting/audit firm. Strong knowledge of internal audit frameworks and BFSI regulatory requirements.
• Core Competencies: Demonstrated ability to manage multiple engagements and client portfolios independently. Excellent leadership, stakeholder management, and communication skills.

Job Type: Full-time

Pay: BD1, BD1, per month

Application Question(s):

• Can you independently manage an internal audit assignment from planning to presentation to an audit committee, while managing a team?

Experience:

• internal audit: 3 years (Preferred)

License/Certification:

• CA or CPA qualification (Required)
• CIA qualification (Preferred)
• CISA qualification (Preferred)

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

Provident fund

Office cab/shuttle

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).