22 Cost Management jobs in Bahrain
Cost Control Engineer
Posted today
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Job ID: 67769
Cost Control Engineer
BTME_Bahrain office, 13, BH, 000
Onsite Work
In the Middle East, Bilfinger is one of the leading service providers of engineering and consultancy services, project management, construction, maintenance O&M and life cycle services. We enhance the efficiency of our client's assets, ensure a high level of availability and reduce maintenance costs. With our 4.000 employees, we are a leading German corporation where engineering excellence, safety and quality are part of our DNA. With four entities in the Middle East (Bilfinger Tebodin Middle East, Bilfinger Deutsche Babcock Emirates, Babcock Borsig Service Arabia, Babcock Borsig Steinmüller Kuwait) and over 10 offices across the region, we offer job opportunities that allow you to utilize all your knowledge and experience. Are you looking for a chance to put your skills to their best-possible use? Then we have what you are looking for
Job Accountabilities/ Responsibilities: -
Below are the primary responsibilities related to Project Cost Controller, but are not limited to:
- Planning, development, tracking, analysis and reporting on project costs, as well as
checking and approval of invoices associated with the execution of Facilities projects.
- Ensuring operational and project expenditures are effectively managed, controlled and monitored.
- Monitoring and reporting on actual spend by contractor and supplier. Monitoring spends by category and contractor versus Budget.
- Monitoring and reporting monthly accruals for work performed versus invoices received.
- Preparing monthly reports on the value of work done and providing estimates for the
remainder of the year/project.
- Facilitate regular reviews with Team Leads/Engineers to refine forecasting accuracy.
- Contributing to the annual work program and budget process for assigned work scopes.
- Provide detailed cost data to support Project Authorisation Requests (PAR)
submissions and revisions while maintaining a historical (PAR) record.
- Update the Project Management Subdivision dashboards to track cost performance
metrics, variances, and status updates.
- Monitoring and control of the cost's allocation, including requests of Costs Estimations,
Work Orders, and Contracts.
- Assuring and maintaining all cost reports feeding in cost reporting systems.
- Acting as interface with Contractors' representative to ensure their compliance with
invoice control procedure.
- Participate in cost and schedule assurance reviews and leverage benchmarking data
for cost analysis.
- Administer and oversee change management processes related to project costs.
To apply, please submit your CV in English through the system, containing as a minimum your contact details, education level, relevant experience and earliest possible start date.
Any applicant must be aware that the selection of candidates is at the sole discretion of the employer. Applicants will not receive any communication unless they are selected for an interview. Only applicants that have responded to vacancies through the online form will be considered.
Tebodin Middle East Ltd. Branch Bahrain
Engineering
Permanent
Graduates
Financial Planning & Reporting Specialist
Posted 25 days ago
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Operation
Division
Finance
Location
Closing Date
15-May-2025
About ZainZain 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 the RoleThe 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.
Main Responsibilities & Duties- Manage and monitor the annual budget and quarterly reforecasts.
- Enhance budgeting and forecasting techniques to maintain high standards of quality and accuracy.
- 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.
- Collaborate with cross-functional teams to gather relevant financial and operational data for analysis.
- Conduct in-depth analysis to identify trends, patterns, and drivers of business performance, and provide actionable insights and recommendations.
- Support the development of financial models and forecasts to evaluate business initiatives and assess their impact on financial performance.
- Identify areas for process improvement and optimization to enhance the efficiency and effectiveness of business performance analysis and reporting.
- Stay updated with industry trends, best practices, and emerging tools and technologies in business performance analysis and reporting.
- Review Business Case Studies to support better decision-making aligned with the budget and strategic plan.
- 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.
Skills and Knowledge- Strong analytical skills with the ability to interpret complex financial data, identify trends, and generate actionable insights.
- Proficiency in financial modeling, forecasting, and variance analysis.
- Excellent knowledge of key financial concepts, performance metrics, and reporting methodologies.
- Advanced proficiency in data analysis tools (e.g., Excel, SQL) and experience with business intelligence and visualization tools (e.g., Tableau, Power BI).
- Strong communication skills, with the ability to effectively present complex information to diverse audiences.
- Detail-oriented with excellent organizational and time management skills.
- Ability to work independently, prioritize tasks, and meet deadlines.
- Business Acumen.
- Situational awareness.
- 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):
#J-18808-LjbffrFinancial Planning Analyst-Retail
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The Financial Planning Analyst will be responsible for budgeting, forecasting, financial analysis, and reporting to support strategic decision-making in the retail business. The role will involve close collaboration with cross-functional teams to monitor performance, improve processes, and provide actionable financial insights.
Key Responsibilities:
- Prepare, consolidate, and monitor budgets and forecasts across all retail operations.
- Perform variance analysis and provide recommendations to management for cost control and revenue enhancement.
- Develop financial models to support decision-making and evaluate business initiatives.
- Prepare monthly, quarterly, and annual financial reports, including KPIs, dashboards, and business performance analyses.
- Collaborate with operations, procurement, marketing, and other departments to gather relevant financial and operational data.
- Assist in process improvements, automation of reports, and financial planning efficiency.
- Ensure compliance with Bahrain financial regulations and support audit requirements.
- Provide financial insights to guide pricing, promotions, and strategic retail initiatives.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or Business Administration.
- Professional certifications such as CFA, ACCA, CPA, or CMA are preferred.
- 2–5 years of relevant experience in FP&A, financial analysis, or business analysis, preferably in retail
Job Type: Full-time
Financial Planning & Analysis Manager
Posted 2 days ago
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Head of Financial Planning & Analysis
Posted 2 days ago
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Director of Financial Planning & Analysis
Posted 4 days ago
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Key Responsibilities:
- Develop and manage the annual budgeting and long-term strategic planning processes.
- Oversee the creation and ongoing refinement of financial forecasts, ensuring accuracy and alignment with business objectives.
- Conduct in-depth variance analysis, identifying key drivers of financial performance and recommending corrective actions.
- Develop and track key performance indicators (KPIs) to monitor business performance and provide insights to stakeholders.
- Prepare comprehensive financial reports and presentations for the executive team, board of directors, and other stakeholders.
- Partner with business unit leaders to understand their financial needs, provide analytical support, and drive financial discipline.
- Lead the implementation and optimization of financial planning and reporting systems (e.g., ERP, FP&A software).
- Identify opportunities for cost optimization and revenue enhancement through rigorous financial analysis.
- Mentor and develop a high-performing FP&A team.
- Stay informed about industry trends, economic conditions, and regulatory changes that may impact the company's financial performance.
- Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or CPA preferred.
- Minimum of 10 years of progressive experience in financial planning and analysis, with at least 3-5 years in a leadership role.
- Proven expertise in financial modeling, forecasting, budgeting, and strategic planning.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data.
- Excellent understanding of accounting principles and financial statements.
- Experience with financial systems and reporting tools (e.g., Hyperion, SAP, Oracle, Tableau).
- Exceptional communication, presentation, and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
- Demonstrated ability to lead and develop teams.
- Strategic thinker with a proactive approach to identifying business opportunities and challenges.
- High level of accuracy and attention to detail.
Director of Financial Planning & Analysis
Posted 4 days ago
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Director of Financial Planning & Analysis
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Senior Financial Analyst - Corporate Financial Planning
Posted 4 days ago
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Remote Lead Financial Planning & Analysis Manager
Posted 4 days ago
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Key responsibilities include:
- Leading the annual budgeting and quarterly forecasting processes, ensuring accuracy, timeliness, and alignment with strategic goals.
- Developing long-range financial plans (3-5 year plans) and performing scenario analysis to assess potential business outcomes.
- Providing in-depth financial analysis, including variance analysis, profitability analysis, and key performance indicator (KPI) tracking.
- Preparing comprehensive financial reports and presentations for the executive team, board of directors, and other stakeholders.
- Identifying key business drivers, trends, and risks, and translating them into actionable financial insights and recommendations.
- Collaborating with business unit leaders to understand their financial needs, develop departmental budgets, and monitor performance.
- Driving the continuous improvement of FP&A processes, systems, and tools to enhance efficiency and effectiveness.
- Mentoring and developing a high-performing FP&A team, fostering a collaborative and results-oriented environment.
- Staying abreast of economic trends, industry best practices, and regulatory changes affecting financial planning.
- Supporting strategic initiatives, mergers, acquisitions, and other special projects with financial analysis and modeling.