2 832 Senior Financial 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 financial models for forecasting, budgeting, and long-term strategic planning.
• Analyze financial performance against budgets and forecasts, identifying key drivers of variances.
• Prepare monthly, quarterly, and annual financial reports and presentations for senior management.
• Conduct ad-hoc financial analysis to support strategic initiatives and business decisions.
• Assist in the development of business cases for new projects and investments.
• Monitor industry trends and competitor performance to provide relevant insights.
• Collaborate with departmental heads to gather financial data and ensure accuracy of reporting.
• Identify opportunities for process improvement within the finance function.
• Support treasury operations and capital management activities as needed.
• Ensure compliance with financial policies and procedures.

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 3 years of experience in financial analysis, corporate planning, or a similar role.
• Proficiency in financial modeling and data analysis using Excel and other financial software.
• Strong understanding of financial statements, accounting principles, and corporate finance concepts.
• Excellent analytical, problem-solving, and critical thinking skills.
• Ability to communicate complex financial information clearly and concisely.
• Familiarity with business intelligence tools (e.g., Tableau, Power BI) is a plus.
• Ability to work independently and manage time effectively in a remote setting.
• Strong attention to detail and accuracy.

• Develop and maintain sophisticated financial models for forecasting, valuation, and scenario analysis.
• Conduct thorough due diligence on potential investments and acquisitions.
• Analyze financial data to identify trends, risks, and opportunities.
• Prepare comprehensive financial reports, presentations, and investment memos for senior management.
• Assist in the development of annual budgets and long-term financial plans.
• Monitor key financial performance indicators (KPIs) and provide actionable insights.
• Research industry trends and competitor activities to inform strategic decisions.
• Ensure compliance with all relevant financial regulations and reporting requirements.
• Collaborate with cross-functional teams to support financial decision-making.

• Bachelor's degree in Finance, Economics, or a related quantitative field. Master's degree or CFA designation is a strong plus.
• Minimum of 4 years of experience in financial analysis, investment banking, corporate finance, or a related field.
• Advanced proficiency in financial modeling, Excel, and data analysis tools (e.g., Python, SQL).
• Strong knowledge of financial markets, valuation methodologies, and accounting principles.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superior written and verbal communication skills.
• Ability to manage multiple projects simultaneously and meet tight deadlines.

• Prepare and review monthly, quarterly, and annual financial statements and reports.
• Manage the month-end and year-end closing processes, ensuring timely completion.
• Perform detailed account reconciliations and investigate any discrepancies.
• Record and process journal entries, including accruals and prepayments.
• Assist in the preparation of budgets and forecasts.
• Support internal and external audit processes by providing necessary documentation and explanations.
• Ensure compliance with all relevant accounting standards and regulations.
• Analyze financial data to identify trends, variances, and opportunities for improvement.
• Collaborate with other departments to gather financial information and ensure accuracy.
• Contribute to the enhancement of accounting systems and internal controls.

• Bachelor's degree in Accounting or Finance.
• Professional accounting qualification (e.g., ACCA, CPA) is highly desirable.
• Minimum of 4 years of progressive experience in accounting roles.
• Strong knowledge of IFRS/GAAP.
• Proficiency in accounting software (e.g., SAP, Oracle) and advanced Microsoft Excel skills.
• Excellent analytical, problem-solving, and organizational skills.
• Effective communication and interpersonal abilities.
• Experience with financial reporting and consolidation.
• Ability to work independently and meet tight deadlines.

• Oversee all aspects of accounting operations, including general ledger, accounts payable, and accounts receivable.
• Manage the month-end and year-end closing processes in a timely and accurate manner.
• Prepare and analyze monthly financial statements and management reports.
• Develop and implement internal controls to safeguard company assets.
• Ensure compliance with IFRS/GAAP and other relevant accounting standards.
• Assist with budgeting, forecasting, and financial planning processes.
• Liaise with external auditors and tax authorities.
• Supervise and mentor accounting staff.
• Identify opportunities for process improvements in accounting operations.
• Support strategic initiatives with financial analysis and insights.

• Develop and maintain complex financial models for forecasting, budgeting, and strategic planning.
• Conduct thorough analysis of financial performance, identifying key trends, variances, and potential risks/opportunities.
• Prepare detailed financial reports, presentations, and dashboards for senior management and stakeholders.
• Assist in the evaluation of new investment opportunities, including due diligence and financial feasibility studies.
• Monitor and analyze industry trends and competitor performance to inform strategic decisions.
• Support the annual budgeting process and rolling forecasts.
• Ensure compliance with financial regulations and internal policies.
• Provide financial insights and recommendations to optimize resource allocation and drive profitability.
• Collaborate with various departments to gather financial data and ensure accuracy.
• Stay updated on accounting standards and financial best practices.

• Bachelor's degree in Finance, Accounting, Economics, or a related field; CPA or CFA designation is highly preferred.
• Minimum of 6 years of experience in financial analysis, corporate finance, or investment banking.
• Proficiency in financial modeling, valuation techniques, and statistical analysis.
• Advanced skills in Microsoft Excel, PowerPoint, and financial management software (e.g., SAP, Oracle, Hyperion).
• Strong understanding of accounting principles and financial reporting standards.
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional communication and presentation skills, with the ability to convey complex financial information clearly.
• Ability to work independently and manage multiple projects in a dynamic environment.
• Strong attention to detail and commitment to accuracy.
• Experience in a hybrid work environment, balancing remote and in-office responsibilities.

• Develop and maintain complex financial models for forecasting and scenario analysis.
• Conduct in-depth analysis of financial performance, identifying trends and variances.
• Prepare monthly, quarterly, and annual financial reports for management.
• Support the annual budgeting and long-range financial planning processes.
• Collaborate with business units to gather financial data and provide support.
• Perform ad-hoc financial analysis to support strategic initiatives.
• Ensure accuracy and integrity of financial data and reports.
• Present financial findings and recommendations to stakeholders.

• Bachelor's degree in Finance, Accounting, or related field.
• 5+ years of experience in financial analysis or corporate finance.
• Strong financial modeling and analytical skills.
• Proficiency in Microsoft Excel and financial planning software.
• Understanding of accounting principles and financial reporting.
• Excellent communication and presentation abilities.
• MBA or relevant professional certification is a plus.

Purpose of Role
To manage reporting and reconciliations and to manage the Inventory Management Functions.

Key Accountabilities

1. Preparation of Monthly Accounts.
2. Prepare quarterly consolidated accounts for statutory audit.
3. Liaise with external auditors on a quarterly basis on the preparation of statutory accounts.
4. Ensure timely completion and submission of the quarterly statutory accounts as required by Bahrain Bourse and the Central Bank of Bahrain.
5. Review and monitor Balance sheet reconciliations performed on a monthly basis.
6. Review slow moving stock and make provision each quarter end.
7. Fixed Asset Management – Ensure all assets are tagged and verified on an annual basis.
8. Perform monthly and year end close of financial records.
9. Review and manage all Advertising and Beauty Advisor contracts, ensuring all contracts are recorded in the correct period.
10. Manage and review all Payables and Receivable account balances.

1. 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.
2. Review and follow up on stock count and spot check reports.
3. Analysis of inventory adjustments for posting to general ledger including the stock provision, stock damages and obsolete stock for write off.
4. Supervise the financial reporting function.
5. Ensure timely and accurate reporting.
6. Manage the external audit.

Ensure all internal controls on the Company Accounting system are in place by regular system monitoring and testing.

1. Supervise the Accounts Department.
2. Supervise the Inventory Control Department.
3. 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.