7 Financial Controller jobs in Bahrain

Operation

Division

Finance

Location

Closing Date

27-Mar-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: Zain Overview

The role of the Financial Planning and Analysis Expert is to independently manage the financial planning and business performance analysis within Zain Bahrain. Reporting directly to the Budgeting and Business Performance Manager, the role combines elements of financial planning, budgeting, and performance analysis to drive strategic decision-making and ensure the company is moving toward achieving its goals. The role requires an expert who has experience within the telecom field.

1. Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a relevant field. CMA & FMVA preferred.
2. Experience: 8-10+ years of experience in financial planning, business performance analysis, financial analysis, or a similar role in Telecom.
3. Skills:
   • 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.

1. Collaborate with cross-functional teams to gather relevant financial and operational data for analysis.
2. Monitor and analyze key performance indicators (KPIs) related to revenue, cost of goods sold (COGS), profitability, and other financial metrics.
3. Conduct in-depth analysis to identify trends, patterns, and drivers of business performance, and provide actionable insights and recommendations.
4. Prepare and deliver regular performance reports, highlighting key findings and presenting them to senior management and stakeholders.
5. Develop financial models and forecasts to evaluate business initiatives and assess their impact on financial performance.
6. Identify areas for process improvement and optimization to enhance the efficiency and effectiveness of business performance analysis and reporting.
7. Stay updated with industry trends, best practices, and emerging tools and technologies in business performance analysis and reporting.
8. Manage and monitor the annual budget and quarterly reforecasts.
9. Enhance budgeting and forecasting techniques to maintain high standards of quality and accuracy.
10. 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.
11. Review Business Case Studies to support better decision-making aligned with the budget and strategic plan.
12. Perform any related tasks as required or assigned.

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):

Purpose of Role
To manage reporting and reconciliations and to manage the Inventory Management Functions.

Key Accountabilities

1. Preparation of Monthly Accounts.
2. Prepare quarterly consolidated accounts for statutory audit.
3. Liaise with external auditors on a quarterly basis on the preparation of statutory accounts.
4. Ensure timely completion and submission of the quarterly statutory accounts as required by Bahrain Bourse and the Central Bank of Bahrain.
5. Review and monitor Balance sheet reconciliations performed on a monthly basis.
6. Review slow moving stock and make provision each quarter end.
7. Fixed Asset Management – Ensure all assets are tagged and verified on an annual basis.
8. Perform monthly and year end close of financial records.
9. Review and manage all Advertising and Beauty Advisor contracts, ensuring all contracts are recorded in the correct period.
10. Manage and review all Payables and Receivable account balances.

1. Review the stock control perpetual count plan and make changes as deemed necessary. Review the bi-annual full stock count plan with the Stock Control manager.
2. Review and follow up on stock count and spot check reports.
3. Analysis of inventory adjustments for posting to general ledger including the stock provision, stock damages and obsolete stock for write off.
4. Supervise the financial reporting function.
5. Ensure timely and accurate reporting.
6. Manage the external audit.

Ensure all internal controls on the Company Accounting system are in place by regular system monitoring and testing.

1. Supervise the Accounts Department.
2. Supervise the Inventory Control Department.
3. Liaise with the management company and other suppliers on a monthly basis to ensure all discrepancies are cleared and dealt with in a timely manner.

Knowledge, Skills & Experience Required

• Good accounting system skills.
• Retail or FMCG experience required.

Qualifications

• Degree educated (Accountancy or Finance).
• Qualified Accountant (ACCA, CPA, CIMA).

Person Specification

• Ability to be both strategic and operational.
• A logical and practical outlook on processes.
• Ability to clearly and confidently express ideas and facts both in the written and verbal form.
• Excellent presentation, report-writing, meeting management and facilitation skills.
• Ability to identify problems and provide solutions.

About The Company

Established in 2003, Clarendon Parker Bahrain is an International Recruitment Specialist Consultancy based in Bahrain’s Seef Business District. We specialise in mid to senior level professional, managerial, technical recruitment and staffing solutions in Bahrain and beyond. Our multinational team of consultants are experienced professionals within the fields they represent. Each consultant brings strong industry links and knowledge to better understand your business requirements. We know the market and we know our candidates!

Our team of dedicated consultants specialise in the following industries:

• Accounting, Finance & Banking
• Logistics & Customer Service
• Secretarial & Administration
• Human Resources & Recruitment
• Engineering & Construction
• IT/Telecom
• Marketing & PR
• Oil and Gas

The current range of services includes permanent and temporary recruitment, recruitment advertising campaigns, employee satisfaction surveys, state-of-the-art web-based recruitment technology and HR consulting services relating to recruitment processes and activities.

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):

Bachelor of Commerce(Commerce), MBA/PG Diploma in Business Mgmt

Nationality: Any Nationality

Vacancy: 1 Vacancy

In our finance function we aspire to set the industry pace for speed and accuracy of reporting. We aim to achieve this by driving our product pricing and terms, contracting, sales processes and systems into alignment. We are looking for a professionally qualified accounting leader with expertise in IFRS 15/ASC 606 to build scalable contract review and revenue recognition processes, automated through correct and auditable implementations in NetSuite, Salesforce and our own business systems.

This lead will work across teams including product management, legal, FP&A, sales operations and commercial business systems to align understanding and ensure that the accounting and revenue recognition treatment of contracts and products is straightforward and correct, with a very high level of automation. Perhaps unusually we prefer a leader with deep personal interest in the software and technology industry, and ideally some data analytics and software engineering experience . The Revenue Accounting Manager will ensure the proper application of revenue accounting guidance for public market scrutiny. Ideally they will also be familiar with Systems Accounting and able to work effectively with technical teams and software engineers.

This is a management position which requires confidence in presentation, setting goals, and directing the work of others. We expect to grow a team focused on revenue, with a particular emphasis on systems and automation, that puts us at the top of the leaderboard for clarity, correctness, transparency and speed of reporting as a global tech company.

Location: This role is home-based in EMEA time zones, with the option to be based in our London office. It will report to our Global Head of Accounting.

• Lead complex NetSuite configuration, workflows, customization, and integration
• Implement best practices for data governance, security, and compliance within NetSuite.
• Demonstrate proficiency in script understanding and problem resolution
• Develop and maintain reports, dashboards, and KPIs to provide insights into business performance
• Coordinate regular system maintenance, upgrades, and troubleshooting to ensure optimal performance and reliability
• Provide training and support to end-users to enhance their efficiency and proficiency with NetSuite.
• Oversee Sandbox accounts for development and testing, ensuring seamless deployment of customizations and updates to the production environment
• Stay updated on new NetSuite features and functionalities, assessing their potential impact on business processes
• Drive process and systems improvements across teams for end-to-end automation of the revenue life cycle
• Incorporate industry best practices and emerging technology to raise the bar for reporting speed and accuracy
• Review and evaluate the revenue recognition impact of non-standard contracts and new products
• Lead, mentor and develop a team of revenue accounting and systems accounting professionals
• Assist in month-end revenue close, including reconciliations, fluctuation analysis, and other reporting
• Develop and maintain effective internal over revenue transactions and reporting
• Research and write accounting memos on significant revenue recognition and other policy matters
• Act as the primary liaison with external auditors in matters related to order-to-cash

• An exceptional academic track record from both high school and university
• An undergraduate degree in Accounting or Finance, or a compelling narrative about your alternative chosen path
• CPA, CA or equivalent with excellent technical accounting skills and IFRS experience
• A detailed understanding of IFRS 15 and relevant rules related to SaaS and services
• Leadership or management responsibility
• Drive and a track record of going above-and-beyond expectations
• Experience of software licensing, subscription and services revenue accounting and operations
• Experience driving revenue recognition and scaling accounting processes in a high-growth environment
• Experience with ERP, Rev Rec, CRM, CPQ and other relevant software categories - NetSuite and Salesforce preferred
• Experience in a multi-country multi-currency, operations and tax environment
• Professional written and spoken English
• Excellent interpersonal skills, curiosity, flexibility, and accountability
• Thoughtfulness and self-motivation
• Result-oriented, with a personal drive to meet commitments
• Ability to travel twice a year, for company events up to two weeks long

• Public company reporting and revenue accounting experience
• Software implementation, integration and user acceptance
• Software engineering qualification or experience
• A passion for technology and a desire to work with motivated colleagues
• MBA or other relevant business degree

We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognise outstanding performance. In addition to base pay, we offer a performance-driven annual bonus or commission. We provide all team members with additional benefits, which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.

• Distributed work environment with twice-yearly team sprints in person
• Personal learning and development budget of USD 2,000 per year
• Annual compensation review
• Recognition rewards
• Annual holiday leave
• Maternity and paternity leave
• Employee Assistance Programme
• Opportunity to travel to new locations to meet colleagues
• Priority Pass, and travel upgrades for long haul company events

• IT - Software Services

• Accounts
• Taxation
• Audit
• Company Secretary

• Systems Accounting Manager

Position Title: Senior Manager – Managerial Accounting for Islamic Bank

Employment Type: Full Time

Salary: all-inclusive depending on experience and qualifications

About the Client:

One of the oldest and most trusted Islamic banks, known for its strong reputation both locally and internationally.

Job Description:

• Prepare periodic managerial package about bank performance analysis, actual results versus budget, market share trend, profitability analysis for bank and business sectors within the bank.
• Design and prepare profitability analysis for business sectors, products, and branches by using best practices for cost allocation methods and FTP methods.
• Design and supervise the bank budget process, coordinate and participate with all bank units.
• Develop and oversee financial systems and procedures and identifying opportunities to improve these.

Qualifications:

• Bachelor’s degree in finance or related field; master’s degree will be preferred
• Minimum 10 years of extensive work experience in the financial and banking sector, preferably with an international Islamic bank.
• Must be expert in Fund Management, Budgeting and Planning, Forecasting, Regulatory and Compliance Knowledge, Sharia Principles of Islamic Finance

Since 1998, Havelock One Interiors has established itself as a leading provider of turnkey fit-out services across the Middle East. We specialize in interior contracting and the manufacture of bespoke joinery, metalworks, and sophisticated shop fittings.

Due to our expansion in Bahrain, a key growth market, we are seeking experienced professionals to help drive our business forward. We are offering interviews to well-qualified candidates keen to advance their careers. We provide an established working environment with a loyal and respectful corporate culture.

Bahrain, our operational hub for over 25 years, is home to our specialist joinery and metalwork manufacturing teams alongside most back-office functions. Our turnkey fit-out contracting divisions operate across Bahrain, the UAE, Qatar, Kuwait, and Saudi Arabia.

Role Summary

The role is responsible for overseeing the management of Management Information Systems (MIS) and general accounting functions within the organization. It involves generating accurate and timely financial reports, while ensuring the integrity of financial data.

Role Description

MIS and Reporting

• Develop, implement, and maintain effective MIS systems to support business decision-making
• Prepare and analyze comprehensive financial reports, including P&L, balance sheet, cash flow, and key performance indicators (KPIs)
• Conduct in-depth financial analysis, identifying trends, variances, and opportunities for improvement
• Provide actionable insights to management based on data analysis
• Develop and maintain financial dashboards and reporting tools
  
  

• Oversee day-to-day accounting operations, ensuring accuracy and compliance with accounting standards
• Manage the general ledger, accounts payable, and accounts receivable functions
• Supervise the preparation of monthly, quarterly, and annual financial closures
• Coordinate with internal and external auditors
• Ensure compliance with tax regulations and filing requirements
  
  

• Lead and mentor the MIS and accounting team
• Assign tasks, set goals, and provide performance feedback
• Develop the team''s capabilities through training and development
  
  

• Identify opportunities to streamline accounting and reporting processes
• Implement automation and digitalization initiatives
• Enhance the efficiency and effectiveness of the finance department
  
  

• A minimum of 5-7 years’ experience in similar roles (relevant industry experience will be an advantage)
• Qualified Chartered Accountant, or Bachelor’s/Master’s degree in Accounting, Finance, or another similar professional qualification
• Strong analytical and problem-solving skills
• Experience in management reporting and Excel presentation
• Business feasibility analysis skills
• Expertise in process and gap analysis
• Advanced Excel skills and experience with data analysis tools
• Proficiency in financial software and ERP systems
• Effective communication with all levels of management
• Experience with data visualization tools (Power BI, Tableau, etc.)
• Knowledge of budgeting and forecasting
• Ability to work under pressure and manage time effectively
• Excellent interpersonal skills