199 Financial Modeling jobs in Bahrain

• Develop and implement advanced quantitative models for financial markets, including derivatives pricing, risk management, and portfolio optimization.
• Conduct rigorous back-testing and validation of models to ensure accuracy and robustness.
• Collaborate with traders, portfolio managers, and risk managers to understand their analytical needs and provide data-driven solutions.
• Translate complex mathematical concepts into practical applications for business decision-making.
• Write efficient and maintainable code in languages such as Python, R, or C++ to implement models and analytical tools.
• Stay abreast of the latest research and developments in quantitative finance and financial econometrics.
• Contribute to the development and enhancement of the firm's quantitative infrastructure.
• Prepare clear and concise documentation of models, methodologies, and results.
• Present findings and recommendations to senior management and business stakeholders.
• Mentor junior quantitative analysts and contribute to team knowledge sharing.

• Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Financial Engineering, or Computer Science.
• Minimum of 7 years of experience in quantitative analysis within the financial services industry.
• Strong expertise in financial modeling, derivatives pricing, and risk management techniques.
• Proficiency in programming languages commonly used in quant finance (e.g., Python, C++, R, MATLAB).
• Experience with statistical analysis, machine learning, and econometrics.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and presentation skills, with the ability to explain complex concepts to non-technical audiences.
• Familiarity with financial databases and market data providers.
• Ability to work effectively in a collaborative, hybrid team environment.
• Proven track record of delivering high-quality analytical solutions.

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):

Job Purpose:
Daily P&L monitoring, preparation of MIS reports, compilation of Budgets/forecasts and perform other ad hoc project tasks / financial analysis for Group Finance in supporting financial reporting / mis requirements for businesses (Group WB & Treasury business lines). Job also includes participating in system upgrades/testing from a Group Finance perspective.

Principal Responsibilities, Accountabilities and Deliverables of Role:

• Assist in production of monthly Business Performance Packs including daily P&L, flash reports, and Monthly Performance Packs.
• Assist in preparing Liabilities / cash management reporting and monitoring of application of FTP in line with approved methodology.
• Assist in preparation of Business KPIs to facilitate monitoring of progress in Strategic initiatives
• Assist in data collation from core systems, external systems to investigate any anomalies and preparation of ad hoc analysis of financial information as required.
• Assist in production of ABC Libya performance reports.
• Support IT Projects involving Group Finance (EDW, new core banking). Participate in the UAT, assist with UAT Documentation of the accounting results and other related requirements from the project.
• Reconciliation: Doing a deep dive in the core banking system for any data related issues for income/exposures/any other pillar impacting the Wholesale banking performance

• Excellent PC skills, particularly MS Office and ability to present information.
• Good Communications/interpersonal skills.
• Good degree of analytical and problem-solving skills.
• Basic understanding of IFRS requirements.
• Advantage: Understanding of Banking products and the related market dynamics.
• Advantage: Awareness of Performance Management too

• Accounting Degree / Pursuing professional qualification (CFA, CPA, CA, ACCA etc)

• 2-4 years of experience in Banking, other Financial Institution or Big 4

• Constantly eager to learn & develop.
• Self-motivated.
• Good communication skills.
• Advanced problem-solving skills

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Job Purpose:
Daily P&L monitoring, preparation of MIS reports, compilation of Budgets/forecasts and perform other ad hoc project tasks / financial analysis for Group Finance in supporting financial reporting / mis requirements for businesses (Group WB & Treasury business lines). Job also includes participating in system upgrades/testing from a Group Finance perspective.

Principal Responsibilities, Accountabilities and Deliverables of Role:

• Assist in production of monthly Business Performance Packs including daily P&L, flash reports, and Monthly Performance Packs.
• Assist in preparing Liabilities / cash management reporting and monitoring of application of FTP in line with approved methodology.
• Assist in preparation of Business KPIs to facilitate monitoring of progress in Strategic initiatives
• Assist in data collation from core systems, external systems to investigate any anomalies and preparation of ad hoc analysis of financial information as required.
• Assist in production of ABC Libya performance reports.
• Support IT Projects involving Group Finance (EDW, new core banking). Participate in the UAT, assist with UAT Documentation of the accounting results and other related requirements from the project.
• Reconciliation: Doing a deep dive in the core banking system for any data related issues for income/exposures/any other pillar impacting the Wholesale banking performance

• Excellent PC skills, particularly MS Office and ability to present information.
• Good Communications/interpersonal skills.
• Good degree of analytical and problem-solving skills.
• Basic understanding of IFRS requirements.
• Advantage: Understanding of Banking products and the related market dynamics.
• Advantage: Awareness of Performance Management too

• Accounting Degree / Pursuing professional qualification (CFA, CPA, CA, ACCA etc)

• 2-4 years of experience in Banking, other Financial Institution or Big 4

• Constantly eager to learn & develop.
• Self-motivated.
• Good communication skills.
• Advanced problem-solving skills

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• Develop and maintain complex financial models for forecasting, budgeting, and valuation purposes.
• Analyze financial data to identify trends, drivers, and areas for improvement.
• Prepare monthly, quarterly, and annual financial reports and presentations for stakeholders.
• Conduct variance analysis, explaining deviations from budget and forecast.
• Assist in the development of the annual operating budget and long-term financial plans.
• Perform ad-hoc financial analysis to support strategic decision-making.
• Evaluate investment opportunities and perform due diligence.
• Monitor key financial performance indicators (KPIs) and provide insights.
• Collaborate with various departments to gather financial information and ensure accuracy.
• Stay abreast of industry trends and economic developments affecting the financial landscape.
• Ensure compliance with financial regulations and internal policies.

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field. Master's degree or professional certification (CFA, CPA) is a plus.
• Minimum of 3-5 years of experience in financial analysis, corporate finance, investment banking, or a related field.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data visualization.
• Experience with financial modeling and forecasting techniques.
• Familiarity with financial databases and accounting software (e.g., SAP, Oracle, QuickBooks).
• Strong understanding of accounting principles and financial statements.
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional written and verbal communication skills, with the ability to present complex information clearly.
• Ability to work independently, manage multiple priorities, and meet tight deadlines in a remote setting.
• High level of integrity and attention to detail.

• Lead the development of annual budgets and long-range financial forecasts.
• Perform detailed financial analysis, including variance analysis, profitability studies, and trend identification.
• Develop and maintain complex financial models to support strategic initiatives and business planning.
• Prepare monthly, quarterly, and annual financial reports for senior management.
• Monitor key financial performance indicators (KPIs) and provide actionable insights.
• Collaborate with departmental heads to understand their financial needs and provide support.
• Assist in the evaluation of investment opportunities and business cases.
• Ensure compliance with accounting principles and regulatory requirements.
• Identify opportunities for cost savings and process improvements within the finance function.
• Support internal and external audits by providing necessary financial data and explanations.
• Stay informed about market trends, economic conditions, and industry best practices.
• Develop and implement financial policies and procedures.
• Mentor and guide junior financial analysts.

• Bachelor's degree in Finance, Accounting, Economics, or a related field. A Master's degree or professional certification (CFA, CMA) is a strong asset.
• Minimum of 5 years of progressive experience in financial analysis, corporate finance, or a related role.
• Proven experience in financial modeling, budgeting, forecasting, and reporting.
• Strong understanding of financial statements and accounting principles.
• Proficiency in financial analysis software, advanced Excel skills, and experience with ERP systems (e.g., SAP, Oracle) are essential.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to present complex financial information clearly.
• Ability to work independently and manage multiple priorities effectively.
• High level of integrity and attention to detail.