1 429 Financial Management 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.

• Prepare and analyze monthly, quarterly, and annual financial reports for management, highlighting key variances, trends, and performance drivers.
• Develop and maintain complex financial models for budgeting, forecasting, and long-range planning.
• Conduct in-depth financial analysis to support business initiatives, investment decisions, and strategic planning.
• Collaborate with various departments to gather financial data and understand operational impacts on financial performance.
• Assist in the preparation of board meeting materials and presentations.
• Identify opportunities for cost savings and revenue enhancement through financial analysis.
• Ensure the accuracy and integrity of financial data and reporting systems.
• Monitor key financial performance indicators (KPIs) and provide regular updates to management.
• Contribute to the continuous improvement of financial reporting processes and systems.
• Support internal and external audit processes by providing necessary documentation and explanations.
• Stay current with accounting standards, regulatory requirements, and industry best practices.
• Mentor junior analysts and provide guidance on financial analysis techniques.

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• CFA or CPA designation is highly preferred.
• Minimum of 5 years of progressive experience in financial analysis, reporting, and accounting.
• Proven expertise in financial modeling, budgeting, and forecasting.
• Strong understanding of GAAP or IFRS.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis.
• Experience with financial ERP systems (e.g., SAP, Oracle) and BI tools is essential.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills, with the ability to present complex financial information clearly.
• High level of accuracy and attention to detail.
• Ability to work independently and meet tight deadlines in a fast-paced environment.

• Prepare monthly, quarterly, and annual financial reports for senior management and key stakeholders.
• Develop and maintain financial models to forecast revenue, expenses, and profitability.
• Analyze financial performance against budget and prior periods, identifying key trends and variances.
• Provide insightful commentary and recommendations to management based on financial data analysis.
• Collaborate with various departments to gather financial data and ensure accuracy and completeness of reporting.
• Enhance existing reporting processes and develop new reporting capabilities to meet evolving business needs.
• Assist with the annual budgeting and forecasting process.
• Ensure compliance with accounting standards and internal control policies.
• Support ad-hoc financial analysis requests and projects as needed.
• Utilize advanced Excel functions, BI tools, and financial software to streamline reporting and analysis.

• Prepare and analyze monthly, quarterly, and annual financial reports.
• Develop and manage departmental budgets and forecasts.
• Conduct variance analysis and provide insights into financial performance.
• Create and maintain management reporting dashboards and key performance indicators (KPIs).
• Perform cost accounting and profitability analysis.
• Identify opportunities for cost reduction and process improvements.
• Support strategic planning and decision-making with financial data.
• Collaborate with cross-functional teams to gather financial information.
• Assist in the implementation and optimization of financial systems.
• Ensure accuracy and integrity of financial data.

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 5+ years of progressive experience in financial analysis and management accounting.
• Strong understanding of accounting principles and financial reporting standards.
• Proficiency in financial modeling, forecasting, and budgeting.
• Experience with ERP systems (e.g., SAP, Oracle) and financial analysis software.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong communication and interpersonal abilities.
• Ability to work independently and manage multiple priorities in a remote setting.
• Professional certifications such as CPA or CMA are a plus.