Finance Manager
2 months ago
**Job Title : Finance Manager**
**Location : Manama**
**Company : MBA Fakhro**
**Job Overview**:
**Key Responsibilities**:
Financial Reporting & Analysis:
- Prepare and present financial reports, including business activity reports, financial statements, and forecasts.
- Provide insights and actionable recommendations to managerial staff for strategic decision-making.
- Conduct detailed financial analysis, including cost analysis, pricing strategies, and profitability assessments.
Tax Compliance:
- Manage all aspects of tax compliance, including preparing and filing tax returns.
- Ensure adherence to federal, state, and local tax regulations.
- Respond to regulatory notices and liaise with authorities as needed.
Bookkeeping & Budget Management:
- Oversee and maintain accurate bookkeeping records, ensuring all financial transactions are recorded and reconciled promptly.
- Develop and manage the company’s budget, monitoring expenditures and providing variance analysis.
Investment & Strategic Planning:
- Advise on investment activities and develop strategies to optimize the company’s financial performance and long-term growth.
- Collaborate with senior management to develop financial plans aligned with the company’s strategic objectives.
Compliance & Auditing:
- Ensure compliance with all financial regulations, including international financial reporting standards (IFRS) and local laws.
- Liaise with auditors to facilitate financial audits and reviews.
Cash Flow & Liquidity Management:
- Monitor and manage the company’s cash flow to ensure sufficient liquidity for operational needs.
Team Leadership:
- Lead and mentor the finance team, setting goals, and implementing best practices in financial management.
**Required Skills and Qualifications**:
1. Educational Background: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. A Master’s degree or professional qualification (e.g., CPA, CFA) is preferred.
2. Experience: Minimum of 8 years of experience in financial management, specifically in the financial services industry, with a proven track record in handling taxation, bookkeeping, and financial reporting.
3. Technical Proficiency: Advanced Excel skills and proficiency in financial software (e.g., ERP systems such as SAP, Oracle, or QuickBooks).
4. Financial Services Experience: Demonstrated expertise in managing financial operations, compliance, and reporting within the financial services industry.
5. Analytical Skills: Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
6. Communication Skills: Excellent communication and interpersonal skills, capable of presenting financial information clearly and effectively to non-financial stakeholders.
7. Attention to Detail: High attention to detail and accuracy in financial reporting and analysis.
8. Regulatory Knowledge: Comprehensive understanding of financial regulations, tax laws, and compliance in Bahrain.
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