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Financial reporting manager – retail

1 month ago

Manama, Manama, Bahrain Clarendon Parker Bahrain Full time
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. Inventory Management Department 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. ITEnsure 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.
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