5 Budgeting jobs in Manama

• Develop and implement comprehensive financial risk assessment models and methodologies.
• Analyze financial statements, market data, and economic trends to identify and quantify potential risks (e.g., credit risk, market risk, operational risk, liquidity risk).
• Monitor key risk indicators (KRIs) and ensure adherence to internal policies and external regulations.
• Prepare detailed risk reports and presentations for senior management and relevant committees.
• Collaborate with various departments to understand their risk profiles and provide guidance on risk mitigation strategies.
• Develop and implement internal controls to manage and reduce identified risks.
• Stay informed about changes in financial regulations and their impact on the organization's risk landscape.
• Conduct scenario analysis and stress testing to evaluate the organization's resilience to adverse market conditions.
• Contribute to the development and maintenance of the company's risk management framework.
• Assist in the preparation of regulatory filings related to risk management.

• Conduct comprehensive analysis of financial risks, including market risk, credit risk, operational risk, and liquidity risk.
• Develop, implement, and maintain risk models and methodologies.
• Monitor and report on key risk indicators (KRIs) and compliance metrics.
• Prepare detailed risk assessment reports for senior management and regulatory bodies.
• Collaborate with various departments to identify, assess, and manage financial risks.
• Ensure compliance with relevant financial regulations and internal policies.
• Perform stress testing and scenario analysis to evaluate the company's resilience to adverse market conditions.
• Contribute to the development and enhancement of risk management frameworks and policies.
• Stay informed about industry best practices and emerging trends in financial risk management.
• Provide training and guidance to junior analysts on risk management principles.

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field. Master's degree or MBA is a plus.
• Minimum of 5 years of experience in financial analysis, with a significant focus on risk management within the banking or financial services industry.
• Proven expertise in financial modeling, quantitative analysis, and statistical techniques.
• In-depth knowledge of financial regulations (e.g., Basel III, Dodd-Frank).
• Proficiency in financial software and tools, including Excel, statistical software (e.g., R, Python), and financial databases.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills, with the ability to present complex information clearly and concisely.
• Ability to work independently and collaboratively in a fast-paced environment.
• Relevant professional certifications (e.g., FRM, CFA) are highly desirable.

Operation

Division

Finance

Location

Closing Date

15-May-2025

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:

The role of the Financial Planning & Reporting Specialist is to independently manage the financial planning, analysis and reporting within Zain Bahrain. Reporting directly to the Budgeting and Business Performance.

1. Manage and monitor the annual budget and quarterly reforecasts.
2. Enhance budgeting and forecasting techniques to maintain high standards of quality and accuracy.
3. Design and review monthly financial performance reporting packages, including budget, forecasts, actuals of the income statement, balance sheet, and cash flows, ensuring alignment with overall targets and operational plans.
4. Collaborate with cross-functional teams to gather relevant financial and operational data for analysis.
5. Conduct in-depth analysis to identify trends, patterns, and drivers of business performance, and provide actionable insights and recommendations.
6. Support the development of financial models and forecasts to evaluate business initiatives and assess their impact on financial performance.
7. Identify areas for process improvement and optimization to enhance the efficiency and effectiveness of business performance analysis and reporting.
8. Stay updated with industry trends, best practices, and emerging tools and technologies in business performance analysis and reporting.
9. Review Business Case Studies to support better decision-making aligned with the budget and strategic plan.
10. Perform any related tasks as required or assigned.

Bachelor degree in Finance, Accounting or related subjects

Professional certification such as CPA, CA, CMA, CFA etc. is a plus

3-5+ years of experience in financial planning and analysis.

Experience in Telecom Industry is preferred.

1. Strong analytical skills with the ability to interpret complex financial data, identify trends, and generate actionable insights.
2. Proficiency in financial modeling, forecasting, and variance analysis.
3. Excellent knowledge of key financial concepts, performance metrics, and reporting methodologies.
4. Advanced proficiency in data analysis tools (e.g., Excel, SQL) and experience with business intelligence and visualization tools (e.g., Tableau, Power BI).
5. Strong communication skills, with the ability to effectively present complex information to diverse audiences.
6. Detail-oriented with excellent organizational and time management skills.
7. Ability to work independently, prioritize tasks, and meet deadlines.

1. Business Acumen.
2. Situational awareness.
3. Accuracy.

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):