6 IT Budgets 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):

• Develop and maintain detailed financial models for budgeting, forecasting, and long-term strategic planning.
• Analyze financial performance against budget and forecast, identifying key drivers and trends.
• Prepare insightful management reports and presentations for senior leadership.
• Conduct variance analysis, profitability analysis, and cost analysis to identify areas for improvement.
• Support the annual budgeting process, working closely with department heads to develop realistic and achievable targets.
• Develop and monitor key performance indicators (KPIs) to track business performance.
• Assist in the preparation of monthly management accounts, including commentary and analysis.
• Evaluate new business opportunities, investments, and projects from a financial perspective.
• Improve financial processes and reporting systems for greater efficiency and accuracy.
• Collaborate with cross-functional teams to provide financial support and guidance.
• Stay updated on industry trends and economic factors that may impact the company's financial performance.
• Assist in the implementation and utilization of financial planning software.
• Provide support for ad-hoc financial analysis and projects as required by management.

• Professional accounting designation (e.g., ACCA, CMA, CPA) or equivalent qualification.
• Bachelor's degree in Accounting, Finance, Economics, or a related field.
• Minimum of 6 years of experience in management accounting, financial analysis, or FP&A roles.
• Advanced proficiency in financial modeling, Excel, and presentation software.
• Experience with ERP systems (e.g., SAP, Oracle) and financial planning tools is highly desirable.
• Strong analytical, problem-solving, and quantitative skills.
• Excellent communication, presentation, and interpersonal skills.
• Ability to translate complex financial data into actionable business insights.
• High degree of accuracy and attention to detail.
• Ability to manage multiple tasks and meet tight deadlines.
• Proven ability to work independently and as part of a team.