Finance Manager

4 weeks ago

Manama, Manama, Bahrain Non-disclosed Full time

Location: Manama, Bahrain
Reports to: Head of Finance
Department: Finance

Job Purpose:

The Finance Manager will be responsible for overseeing all financial operations of a Kuwaiti entity from Bahrain, ensuring full compliance with Kuwait's Capital Markets Authority (CMA) laws and regulations. The parent company of Kuwait entity is based in Bahrain.
The role involves financial planning and analysis, regulatory reporting, budgeting, internal reporting, and collaboration with auditors and regulators. This position plays a key role in supporting company's operations and corporate governance.

Key Responsibilities:

  • Manage and supervise all finance and accounting operations for the Kuwait entity.
  • Lead the preparation of monthly, quarterly, and annual reports including the financial statements in accordance with IFRS and Kuwait CMA regulations.
  • Ensure accurate and timely preparation of the required reports.

Regulatory Compliance

  • Ensure adherence to all relevant Kuwait CMA laws, circulars, and reporting requirements.
  • Maintain up-to-date knowledge of regulatory changes and communicate impacts to relevant stakeholders.
  • Coordinate with legal and compliance departments to ensure accurate regulatory filings.
  • Liaise with CMA inspectors and manage audit or review processes as required.

Budgeting & Forecasting

  • Lead the annual budgeting and periodic forecasting processes for the Kuwait entity.
  • Analyze variances and provide insightful reporting and recommendations to senior management.
  • Develop and enforce robust internal controls in line with Kuwait regulatory frameworks.
  • Support enterprise risk management initiatives, especially those involving financial and regulatory risk.

Stakeholder Engagement

  • Collaborate with internal teams, auditors, external consultants, and regulatory body in Kuwait.
  • Prepare reports and presentations for the board of directors and executive management.

Qualifications & Requirements:

  • Bachelor's degree in Accounting, Finance, or related field; Master's degree or MBA is a plus.
  • Professional certification (CPA, CMA, ACCA, CIA) required.
  • Prior experience with investment companies and cross-border operations is preferred.
  • Proven knowledge of Kuwait CMA laws, regulatory requirements, and financial reporting obligations.
  • Strong command of IFRS, financial modeling, and budgeting.
  • Familiarity with investment products, portfolio accounting, and fund structures.
  • Excellent communication and interpersonal skills.
  • High attention to detail and organizational skills.
  • Fluency in Arabic & English.
  • Open to travel to Kuwait (when required).

Preferred Experience:

  • Prior experience working within financial services.
  • Knowledge of GCC financial regulatory environments.
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