53 Banking Sector jobs in Manama
Financial Controller - Manufacturing Sector
Posted 9 days ago
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Job Description
Core responsibilities include:
- Managing all aspects of the company's accounting operations, including accounts payable, accounts receivable, general ledger, payroll, and financial reporting.
- Developing and implementing robust financial policies and procedures to ensure compliance with regulatory requirements and best practices.
- Preparing monthly, quarterly, and annual financial statements and management reports, providing insights into financial performance.
- Overseeing the budgeting and forecasting process, working closely with department heads to establish realistic financial targets.
- Conducting variance analysis and providing explanations for deviations from budget and forecast.
- Managing cash flow, working capital, and treasury functions to ensure adequate liquidity.
- Ensuring compliance with tax regulations and liaising with external auditors for year-end audits.
- Implementing and maintaining effective internal controls to safeguard company assets and prevent fraud.
- Identifying opportunities for cost reduction and operational efficiency improvements.
- Leading, mentoring, and developing the finance and accounting team.
- Evaluating and implementing financial management systems and software to enhance efficiency and accuracy.
Essential qualifications:
- Bachelor's degree in Accounting, Finance, or a related field; Master's degree or professional certification (CPA, CMA, ACCA) is highly preferred.
- Minimum of 7-10 years of progressive experience in accounting and financial management, with at least 3 years in a supervisory or controller role.
- Proven experience in the manufacturing industry is a must.
- Strong knowledge of accounting principles (GAAP/IFRS), financial analysis, and corporate finance.
- Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks Enterprise) and advanced Microsoft Excel skills.
- Excellent leadership, communication, and analytical skills.
- Experience with ERP systems implementation or management is a significant advantage.
- Ability to work under pressure and meet tight deadlines.
This is a critical leadership position within our client's organization in Sitra, Capital, BH , offering a competitive salary, comprehensive benefits, and the opportunity to shape the financial future of a growing company.
Energy Sector Financial Analyst
Posted 14 days ago
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Job Description
Qualifications:
- Bachelor's degree in Finance, Economics, Accounting, or a related field.
- 3+ years of experience in financial analysis, preferably within the energy sector.
- Strong financial modeling and valuation skills.
- Proficiency in Excel, financial databases (e.g., Bloomberg), and financial software.
- Excellent analytical, quantitative, and problem-solving abilities.
- Strong understanding of financial reporting and accounting principles.
- Ability to present complex financial information clearly.
- Excellent communication and interpersonal skills.
- CFA designation or progress towards it is a plus.
Senior Financial Controller - Manufacturing Sector
Posted 12 days ago
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Job Description
The Senior Financial Controller will be responsible for managing all aspects of the company's financial reporting, accounting operations, and internal controls. Your duties will include preparing accurate and timely financial statements, managing budgeting and forecasting processes, overseeing accounts payable and receivable, and ensuring compliance with all relevant accounting principles and regulations (e.g., IFRS). You will also play a key role in financial analysis, providing insights to support strategic decision-making, and implementing improvements to financial systems and processes. Experience within the manufacturing sector and a strong understanding of cost accounting principles are highly desirable.
Key responsibilities include:
- Managing the month-end and year-end close processes, ensuring accuracy and timeliness of financial reporting.
- Preparing and analyzing monthly, quarterly, and annual financial statements in accordance with IFRS.
- Overseeing budgeting, forecasting, and financial planning processes.
- Developing and maintaining robust internal controls to safeguard company assets.
- Managing accounts payable, accounts receivable, payroll, and general ledger functions.
- Performing financial analysis, including variance analysis, profitability analysis, and cost analysis.
- Providing financial insights and recommendations to senior management to support strategic initiatives.
- Ensuring compliance with tax regulations and statutory requirements.
- Leading and mentoring the accounting and finance team.
- Implementing and optimizing financial systems and software.
- Liaising with external auditors during financial audits.
- Improving financial processes and procedures for greater efficiency and accuracy.
- Monitoring key financial metrics and reporting on performance against targets.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Professional accounting designation (e.g., ACCA, CPA, CMA) is required.
- Minimum of 7 years of progressive experience in accounting and financial management.
- Proven experience in financial reporting, budgeting, and forecasting.
- Strong understanding of IFRS and accounting principles.
- Experience in the manufacturing industry and knowledge of cost accounting is highly preferred.
- Proficiency in accounting software and ERP systems (e.g., SAP, Oracle NetSuite).
- Excellent analytical, problem-solving, and leadership skills.
- Strong communication and interpersonal abilities.
- Experience with internal controls and audit procedures.
This is a critical leadership position offering significant impact. Our client provides a competitive compensation package and a dynamic work environment.
Management Consultant - Financial Services
Posted 3 days ago
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Job Description
Senior Auditor - Financial Services
Posted 4 days ago
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Job Description
- Planning and executing financial, operational, and compliance audits in accordance with auditing standards.
- Assessing internal control systems to identify weaknesses and recommending improvements to mitigate risks.
- Evaluating the adequacy and effectiveness of financial reporting processes and controls.
- Testing compliance with relevant laws, regulations, and internal policies.
- Preparing clear, concise, and comprehensive audit reports, including findings, recommendations, and management action plans.
- Communicating audit results to management and stakeholders, facilitating discussions on identified issues and proposed solutions.
- Following up on audit recommendations to ensure timely and effective implementation by management.
- Conducting special investigations and audits as requested by senior management or the audit committee.
- Staying abreast of current accounting standards, auditing practices, and regulatory changes impacting the financial services industry.
- Developing and maintaining strong relationships with auditees to foster cooperation and a constructive audit environment.
- Supervising and mentoring junior audit staff, providing guidance and feedback on their work.
- Contributing to the development and refinement of the internal audit plan and methodology.
- Assisting with external audit engagements as required.
Senior Auditor - Financial Services
Posted 6 days ago
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Job Description
Key Responsibilities:
- Plan and execute financial, operational, and compliance audits according to the annual audit plan.
- Assess the adequacy and effectiveness of internal controls over financial reporting.
- Identify control weaknesses and operational inefficiencies, and recommend practical solutions.
- Prepare detailed audit reports, including findings, recommendations, and management responses.
- Communicate audit results to management and relevant stakeholders.
- Follow up on the implementation of audit recommendations.
- Stay current with accounting standards (e.g., IFRS, GAAP), auditing principles, and regulatory requirements affecting the financial services industry.
- Conduct risk assessments to identify key audit areas.
- Collaborate with external auditors as needed.
- Assist in the development and training of junior audit staff.
- Ensure audit work is performed in accordance with professional standards and methodologies.
- Contribute to the continuous improvement of the internal audit function.
- Bachelor's degree in Accounting, Finance, or a related field.
- Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent designation.
- Minimum of 5 years of experience in internal or external auditing, preferably within the financial services sector.
- Strong knowledge of auditing standards (e.g., IIA Standards), internal control frameworks (e.g., COSO), and risk management principles.
- Proficiency in audit management software and data analysis tools.
- Excellent analytical, critical thinking, and problem-solving skills.
- Strong written and verbal communication skills, with the ability to clearly present audit findings and recommendations.
- High level of integrity, professionalism, and attention to detail.
- Ability to work independently and manage multiple audit engagements simultaneously.
- Experience with regulatory compliance in the financial services industry is a plus.
Audit Manager - Financial Services
Posted 9 days ago
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Job Description
Key Responsibilities:
- 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.
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Senior Auditor - Financial Services
Posted 10 days ago
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Job Description
Key Responsibilities:
- Plan, execute, and supervise financial, operational, and compliance audits for the organization.
- Assess risks associated with financial reporting and business processes, and evaluate the adequacy of internal controls.
- Develop audit programs and procedures tailored to the specific risks and objectives of each engagement.
- Perform detailed testing of financial records, transactions, and systems to ensure accuracy and compliance.
- Identify control weaknesses, inefficiencies, and areas of non-compliance, and document findings thoroughly.
- Prepare comprehensive audit reports, clearly communicating findings, risks, and actionable recommendations to management.
- Follow up on the implementation of audit recommendations to ensure corrective actions are taken effectively.
- Stay current with accounting standards, regulatory requirements (e.g., CBB regulations), and industry best practices.
- Build and maintain strong working relationships with auditees and stakeholders across different departments.
- Mentor and provide guidance to junior members of the audit team.
- Contribute to the continuous improvement of the internal audit function's methodologies and processes.
- Conduct special investigations as required, such as fraud detection or compliance reviews.
- Present audit findings and recommendations to senior management and audit committees.
- Ensure audit workpapers are well-organized, accurate, and adhere to professional standards.
- Evaluate the efficiency and effectiveness of business operations and recommend process improvements.
- Bachelor's degree in Accounting, Finance, or a related field. A Master's degree is a plus.
- Professional certification such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or equivalent is required.
- Minimum of 5-7 years of progressive experience in internal or external auditing, with a significant focus on financial services.
- Deep understanding of financial regulations, risk management frameworks, and internal control principles (e.g., COSO).
- Proven experience in planning and leading audit engagements.
- Strong analytical, critical thinking, and problem-solving skills.
- Excellent written and verbal communication skills, with the ability to present complex information clearly and concisely.
- Proficiency in audit software and data analytics tools.
- Ability to work independently and collaboratively within a team.
- High degree of professionalism, integrity, and objectivity.
- Experience with regulatory compliance specific to the banking and financial services industry in Bahrain is highly desirable.
Management Consultant - Financial Services
Posted 11 days ago
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Job Description
Key Responsibilities:
- Analyze client business operations, financial performance, and market position within the financial services industry.
- Develop strategic recommendations to address client challenges and opportunities.
- Design and implement solutions related to digital banking, FinTech integration, regulatory adherence (e.g., Basel III, AML), and operational process optimization.
- Conduct market research and competitive analysis for financial institutions.
- Manage project teams and deliverables, ensuring high-quality outcomes and client satisfaction.
- Facilitate workshops and interviews with client personnel at all levels.
- Prepare comprehensive reports, presentations, and strategic roadmaps.
- Build and maintain strong relationships with key client stakeholders and decision-makers.
- Contribute to the firm's knowledge base and thought leadership in financial services.
- Mentor junior consultants and contribute to team development.
Candidates must have a Master's degree in Business Administration, Finance, Economics, or a related field, with a minimum of 5 years of consulting experience focused on the financial services sector. Demonstrable expertise in areas such as financial risk management, digital transformation in banking, or regulatory consulting is essential. Exceptional analytical, problem-solving, and communication skills are required. Proven ability to manage complex projects and work effectively within client organizations is a must. Familiarity with industry-specific technologies and trends is highly valued. This role offers a hybrid work model and is based in Isa Town, Southern, BH .
Senior Auditor - Financial Services
Posted 11 days ago
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Job Description
Responsibilities:
- Plan and execute financial, operational, and compliance audits.
- Assess risks and evaluate the effectiveness of internal controls.
- Identify control deficiencies and recommend remediation actions.
- Document audit procedures, findings, and conclusions.
- Prepare comprehensive audit reports for management and relevant committees.
- Follow up on the implementation of audit recommendations.
- Liaise with business unit management and external regulators.
- Stay abreast of changes in regulations and industry best practices.
- Contribute to the development and enhancement of the audit methodology.
- Bachelor's degree in Accounting, Finance, or a related field.
- Certified Internal Auditor (CIA) or equivalent professional certification is preferred.
- Minimum 5 years of experience in internal audit, preferably within the financial services industry.
- Solid understanding of accounting principles, auditing standards, and risk management.
- Knowledge of banking regulations and compliance requirements.
- Proficiency with audit management software and data analysis tools.
- Strong analytical, problem-solving, and reporting skills.
- Excellent communication and interpersonal abilities.