5 Financial Modeling jobs in Manama

Job Description

VAM Systems is currently looking for a Fraud Monitoring Analyst (Risk Management) for our Bahrain operations. The ideal candidate will have the following qualifications and responsibilities:

• Experience: 0-2 Years
• Education: Accounting, Banking & Finance, Economics, Fraud, or related fields

Job Responsibilities:

• Monitor customer transactions to identify unauthorized and fraudulent activities based on alerts from the fraud management system.
• Respond to alerts in the assigned queue as per service level agreements to minimize potential losses.
• Handle and resolve incoming fraud reports from customers promptly.
• Understand various fraud types and take responsibility in fraud monitoring roles.
• Communicate effectively in Arabic and English with customers and fraud risk management teams regarding findings.
• Willingness to work in a 24/7 shift role.

Terms and Conditions:

• Joining timeframe: 15-30 days

• Seniority Level: Executive
• Employment Type: Full-time
• Job Function: Finance and Sales
• Industries: IT Services and IT Consulting

Referrals increase your chances of interviewing at VAM Systems by 2x.

Get notified about new Fraud Analyst jobs in Manama, Capital Governorate, Bahrain .

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

• Developing, validating, and maintaining actuarial models for pricing, reserving, capital adequacy, and risk assessment.
• Performing complex data analysis using statistical software and programming languages to identify trends and patterns in insurance data.
• Conducting profitability studies and projecting future financial performance based on actuarial assumptions.
• Collaborating with underwriting, claims, and finance departments to provide actuarial insights and support business objectives.
• Ensuring compliance with regulatory requirements and industry best practices in actuarial practices.
• Mentoring and guiding junior actuarial analysts, fostering a culture of continuous learning and development.
• Communicating complex actuarial findings and recommendations clearly and effectively to both technical and non-technical stakeholders.
• Evaluating and implementing new actuarial methodologies and software tools.
• Assisting in the development of strategic plans and business forecasts.

• Manage and oversee daily accounting operations and transactions.
• Prepare accurate and timely financial statements and reports.
• Maintain the general ledger and perform regular account reconciliations.
• Assist with the month-end and year-end closing processes.
• Process journal entries, accounts payable, and accounts receivable.
• Conduct financial analysis, budgeting, and forecasting activities.
• Ensure compliance with accounting standards and regulatory requirements.
• Support internal and external audits by providing necessary documentation.
• Manage fixed assets and depreciation schedules.
• Assist with tax preparation and filing.
• Identify and implement improvements to accounting processes and controls.

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):