Assistant Finance Manager

3 months ago


Manama, Manama, Bahrain Reliance Consultancy LLC Full time
Job Summary
  • Review and analysis of Balance sheet schedules on monthly basis and insure that there are no long term pending items.
  • Assist with completion of the quarterly and annual regulatory filings; preparation of assigned Quarterly and Annual Statutory Statement /schedules. Control and manage tax filling for all BU and insure compliance with Taxes law and regulation.
  • Assist with annual external audit and internal auditors in completing audits and resolving any highlighted audit points.
  • Assist with testing and receive final approval for system reports required for management, financial reporting and general ledger reconciliations.
  • Document policies, procedures and workflow for assigned areas of responsibility.
  • Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
  • Monitor and review accounting and related system reports for accuracy and completeness especially for Inventory Management, review and reconcile AX inventory records with actuals and investigate variances.
  • Coordinate and manage relations with Tax Consultants and external auditors.
  • Review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
  • Resolve accounting discrepancies.
  • Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
  • Issue project cost reports for review and approval, follow-up on timely capitalization of Projects under process.
  • Manage and control Fixed Assets, highlight any variances and investigate them.
  • Support Finance Manager in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy.
  • Manages accounting functions including maintenance of general ledger, accounts payable, accounts receivable, and project accounting; ensures accuracy and timeliness.
  • Manages monthly closing of financial records and posting of month end information; ensures accuracy of financial statements.
  • Provides accounting assistance to project managers and operations staff; responds to financial questions/concerns to meet business needs.
  • Acts as a liaison between the company, government and external accountants to meet information needs and to ensure that proper information is maintained for historical purposes.
  • Prepares and recommends operating and personnel budgets for approval. Monitors spending for adherence to budget, recommends variances as necessary.
Requirements
  • Minimum 5-7 years relevant experience in financial & management accounting
  • Experience in an Entertainment / Retail Store organization
  • Excellent strategic planning skills and able to interact with all levels
  • Good MS Office skills particularly strong capabilities in MS Excel
  • Able to work independently and highly meticulous
  • Relevant experience in audit and costing is an advantage
  • Familiarity in IFRS
  • Working experience in AX and Hyperion reporting system is highly regarded
  • Budgeting, Forecasting, Compliance and Analytical ability skills / experience
  • Financial reporting Background
  • Bachelor's Degree in accounting/Finance/ACCA qualification is a plus


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