1 332 Financial Analysts jobs in Bahrain

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):

• 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.

• 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.

• Lead the annual budgeting and long-range planning processes for the organization.
• Develop and maintain sophisticated financial models to support forecasting, scenario analysis, and strategic initiatives.
• Conduct in-depth variance analysis, identifying key business drivers and performance trends.
• Provide insightful financial analysis and recommendations to support executive decision-making and strategic initiatives.
• Prepare and present financial reports, forecasts, and board materials to senior management.
• Collaborate with business unit leaders to understand their financial needs and provide strategic support.
• Identify opportunities for cost optimization and revenue enhancement.
• Oversee the preparation of management reporting packages.
• Mentor and develop the FP&A team, fostering a high-performance culture.
• Ensure the accuracy and integrity of financial data and reporting.
• Stay abreast of industry trends, economic conditions, and regulatory changes affecting financial performance.
• Drive process improvements within the FP&A function.
• Partner with accounting and treasury teams to ensure alignment on financial reporting and management.

• Bachelor's degree in Finance, Accounting, Economics, or a related field. MBA or CPA/CMA designation strongly preferred.
• Minimum of 10 years of progressive experience in financial planning and analysis, preferably within the financial services sector.
• Proven expertise in financial modeling, budgeting, forecasting, and strategic planning.
• Strong understanding of accounting principles and financial reporting standards.
• Excellent analytical, problem-solving, and critical thinking skills.
• Demonstrated leadership experience with the ability to manage and mentor a team.
• Exceptional communication, presentation, and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proficiency in financial planning software (e.g., Hyperion, Anaplan) and advanced Microsoft Excel skills.
• Ability to work independently and manage multiple priorities in a remote environment.
• A strategic mindset with a focus on driving business value.