Director of finance

2 days ago


Manama, Manama, Bahrain RESO Full time
Role Overview: The Finance Manager will oversee all financial and accounting operations, ensuring accurate and timely reporting, effective budgeting and forecasting, and compliance with regulatory requirements. This role includes leading internal and external audits, managing consolidated financial reporting, treasury functions, VAT filings, and overall financial compliance. It requires balancing daily financial management with strategic planning while supporting business decisions in a dynamic tech environment. Main requirements: Financial Management & Reporting: Oversee the accounting and finance function, ensuring accurate financial records and timely reporting. Manage monthly, quarterly, and annual financial closings, including reconciliations and variance analysis, ensuring compliance with Group policies and IFRS requirements. Ensure the integrity and accuracy of consolidated financial statements. Develop and maintain internal controls to safeguard company assets and ensure compliance with accounting standards. Group Financial Coordination & Consolidation: Ensure accurate consolidation of financials at the group level, aligning with corporate reporting requirements. Drive improvements in financial systems (e.g., Odoo) and reporting tools to enhance accuracy, automation, and scalability. Collaborate with cross-functional teams to improve financial data integration and reporting efficiency. Budgeting & Forecasting: Lead the budgeting and forecasting process in collaboration with key stakeholders. Analyze financial data to provide insights and recommendations for strategic decision-making. Monitor actual performance against budget and provide variance analysis with recommendations. Financial Analysis & Strategy: Partner with department heads to analyze financial data, identify trends, and provide actionable recommendations to improve profitability and operational efficiency. Conduct financial modeling and scenario analysis to support strategic decision-making. Provide insights on cost optimization, revenue growth opportunities, and financial risks. Treasury & Cash Management: Oversee treasury operations, ensuring efficient cash flow management and liquidity planning. Manage banking relationships and optimize funding strategies. Monitor and mitigate financial risks related to currency exposure, credit, and operational risks. Tax & Compliance: Ensure timely and accurate VAT filing and compliance with local tax regulations. Stay updated on tax laws and provide guidance on tax-efficient strategies. Ensure compliance with all regulatory and corporate governance requirements. Audit & Internal Controls: Lead internal and external audits, ensuring all financial statements and processes meet audit requirements. Address audit findings and implement recommendations for process improvements. Develop and enhance financial policies and procedures to strengthen internal controls. Main Requirements: Bachelor's degree in accounting, Finance, or a related field (CPA, ACCA, CMA, or equivalent preferred).7+ years of experience in finance and accounting, including 3+ years in leadership. Strong knowledge of IFRS/GAAP and financial reporting standards. Experience with group consolidation and corporate-level financial reporting. Expertise in financial analysis, budgeting, and business strategy. Proven track record in managing audits and ensuring compliance with financial policies. Proficiency in ERP systems and financial software (e.g., Odoo, SAP, Oracle, HFM). Strong leadership and team management skills. Excellent analytical and problem-solving abilities. Attention to detail and high level of accuracy. Effective communication and stakeholder management skills. Ability to work under pressure and meet deadlines.
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