4 General Ledger jobs in Bahrain
General Ledger & Accounts Payable Specialist
Posted 10 days ago
Job Viewed
Job Description
Operation
Division Finance
Location
Closing Date 17-Dec-2024
About ZainZain 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: About Us .
About The RoleThe Specialist – General Ledger & Accounts Payable will play a crucial role in ensuring the accuracy, integrity, and efficiency of the financial records within the financial operations department. He/she will be responsible for maintaining the general ledger, supporting the accounts payable operations, performing month-end close activities, and supporting financial reporting processes.
Main Responsibilities and Duties- Maintenance of the general ledger for the Company including subsidiaries, journal entry preparation, account reconciliations, and ledger analysis.
- Ensure adherence to accounting policies, procedures, and internal controls to safeguard the integrity of financial data.
- Support the month-end close process, coordinating with cross-functional teams to ensure accurate and timely financial reporting.
- Review/finalize journal entries, accruals, and adjustments to ensure completeness and accuracy of financial statements.
- Support financial reporting activities, including the preparation of monthly, quarterly, and annual financial statements in accordance with company policies.
- Collaborate with internal and external auditors to facilitate audits and address any audit findings or inquiries.
- Identify opportunities for process improvements and automation to enhance the efficiency and effectiveness of general ledger processes.
- Implement best practices and streamline workflows to optimize resource utilization and minimize errors.
- Provide training, coaching, and mentorship to team members to enhance their skills in accounting and finance.
- Stay updated on accounting standards, regulations, and industry trends, and share knowledge with the team.
- Collaborate with other departments, such as Accounts Payable, Accounts Receivable, and Financial Planning & Analysis, to ensure alignment and accuracy of financial data.
- Ensure the invoice processing and payments maintaining accuracy, completeness, and compliance with company policies and procedures.
- Maintain relationships with vendors and suppliers, addressing any issues or concerns related to accounts payable transactions.
- Identify opportunities to streamline accounts payable processes and improve efficiency through automation, standardization, and best practices while ensuring compliance with accounting standards.
- Support the month-end and year-end close processes, including accruals, reconciliations, and financial reporting related to GL/accounts payable.
- Perform any other related tasks as requested.
Extensive knowledge of accounting principles, and a proactive approach to problem-solving.
Competence to handle both Business users and Suppliers under the AP function.
Qualification and ExperienceBachelor's degree in accounting or finance.
Professional qualifications such as ACCA is preferred.
5+ years of relevant experience in finance/accounting.
About Application ProcessIf 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):
#J-18808-LjbffrFinancial Reporting Analyst
Posted 18 days ago
Job Viewed
Job Description
Key Responsibilities:
- Prepare and review periodic financial statements (e.g., balance sheets, income statements, cash flow statements) in accordance with IFRS/GAAP.
- Assist in the preparation of regulatory reports for submission to central banks and other financial authorities.
- Conduct thorough financial analysis, including variance analysis and trend analysis, to provide insights into financial performance.
- Reconcile financial discrepancies by collecting and analyzing account information.
- Collaborate with internal and external auditors during financial audits.
- Ensure compliance with all accounting policies, internal controls, and regulatory requirements.
- Support the annual budgeting and forecasting processes.
- Assist in the development and implementation of new accounting policies and procedures.
- Research and interpret complex accounting standards and financial regulations.
- Prepare ad-hoc financial reports and presentations for management as required.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- CPA, CFA, or ACCA certification is highly preferred or in progress.
- Minimum of 3-5 years of experience in financial reporting, auditing, or accounting, preferably within the banking or financial services industry.
- Strong knowledge of IFRS/GAAP and financial reporting standards.
- Proficiency in financial software and ERP systems (e.g., SAP, Oracle, Tally).
- Advanced Excel skills (pivot tables, VLOOKUPs, financial modeling).
- Excellent analytical, quantitative, and problem-solving abilities.
- Strong attention to detail and accuracy.
- Ability to work independently and collaboratively in a fast-paced environment.
- Exceptional written and verbal communication skills.
Our client offers a stable and professional work environment, competitive compensation, and opportunities for continuous learning and career advancement within the financial sector. Join a team dedicated to financial excellence and integrity. Apply now to shape financial strategies!
Financial Reporting Manager – Retail
Posted 5 days ago
Job Viewed
Job Description
Purpose of Role
To manage reporting and reconciliations and to manage the Inventory Management Functions.
Key Accountabilities
Finance- Preparation of Monthly Accounts.
- Prepare quarterly consolidated accounts for statutory audit.
- Liaise with external auditors on a quarterly basis on the preparation of statutory accounts.
- Ensure timely completion and submission of the quarterly statutory accounts as required by Bahrain Bourse and the Central Bank of Bahrain.
- Review and monitor Balance sheet reconciliations performed on a monthly basis.
- Review slow moving stock and make provision each quarter end.
- Fixed Asset Management – Ensure all assets are tagged and verified on an annual basis.
- Perform monthly and year end close of financial records.
- Review and manage all Advertising and Beauty Advisor contracts, ensuring all contracts are recorded in the correct period.
- Manage and review all Payables and Receivable account balances.
- 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.
- Review and follow up on stock count and spot check reports.
- Analysis of inventory adjustments for posting to general ledger including the stock provision, stock damages and obsolete stock for write off.
- Supervise the financial reporting function.
- Ensure timely and accurate reporting.
- Manage the external audit.
Ensure all internal controls on the Company Accounting system are in place by regular system monitoring and testing.
Other- Supervise the Accounts Department.
- Supervise the Inventory Control Department.
- 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.
#J-18808-LjbffrFinancial Planning & Reporting Specialist
Posted 10 days ago
Job Viewed
Job Description
Operation
Division
Finance
Location
Closing Date
15-May-2025
About ZainZain 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:
About the RoleThe 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.
Main Responsibilities & Duties- Manage and monitor the annual budget and quarterly reforecasts.
- Enhance budgeting and forecasting techniques to maintain high standards of quality and accuracy.
- 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.
- Collaborate with cross-functional teams to gather relevant financial and operational data for analysis.
- Conduct in-depth analysis to identify trends, patterns, and drivers of business performance, and provide actionable insights and recommendations.
- Support the development of financial models and forecasts to evaluate business initiatives and assess their impact on financial performance.
- Identify areas for process improvement and optimization to enhance the efficiency and effectiveness of business performance analysis and reporting.
- Stay updated with industry trends, best practices, and emerging tools and technologies in business performance analysis and reporting.
- Review Business Case Studies to support better decision-making aligned with the budget and strategic plan.
- 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.
Skills and Knowledge- 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.
- Business Acumen.
- Situational awareness.
- 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):
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