Chief Accountant

7 months ago


Manama, Bahrain Seef Full time

Oversee the operations of all accounting functions including Accounts Payable, Accounts receivable, Treasury, Fixed Assets, Month-end accruals, and provisions.
- Responsible for year-end closing and the preparation of the monthly financial statements.
- Prepare monthly, quarterly, and year-end management financial reports.
- Review and approve all payment transactions: reimbursements, payments on accounts, vouchers, checks, etc.
- Handles year-end-closing and monthly financial statements.
- Review balance sheet account reconciliations.
- Liaise with external government institutions and act as the main contact for internal and external audits.
- Respond to all queries related to financial matters.
- Recommend and draft financial and accounting policies and procedures.
- Maintain the accounting manual up to date and ensure the adherence to the manual and all policies and procedures.
- Review and approve journal vouchers.
- Reviews, investigates and corrects errors and inconsistencies in financial entries, documents, and reports.
- Coordinate the accurate and timely payment of suppliers.
- Assist in the preparation of yearly budgets.
- Administer all balance sheet accounts reconciliations.
- Act as the point of contact for queries related to employee and supplier payments.
- Reviews account payables and weekly check runs.
- Determines proper handling of financial transactions and approves transactions within designated limits.
- Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.
- Responsible for distributing financial statements and cost center reports.
- Performs miscellaneous job-related duties as assigned.

**Job Requirements**

**Qualifications**:
**Educational Requirements**:

- Bachelor’s degree in Accounting/ Finance Management.

**Experience Requirements**
- Experience in creating P&L, budget, accounting guidelines, end of year accounts, and external liaison with auditors.
- 5-7 years at least in the Supervisory level, background in Hospitality, International Restaurant is a MUST.

**Key Skills & Core Competencies**:

- Judgment and decision making
- Critical thinking
- Working knowledge of computer, especially accounting/spreadsheet related software and tools
- Managed the financial reporting, consolidation and financial analysis process to ensure that the firm financial information is accurate, methodic, timely and meets business needs.
- Advise the top level management with regards to finance, management, staffing and other service issues and procedures
- Directed the financial end to end processes of the company: Annual WP, bi quarterly business forecasts and actual results.
- Led and directed the financial planning for the organization, including business operations and forecasting the business financial results.
- Involved in Business Development activities to develop financial models for sales and marketing initiatives and pricing strategies.

**Languages**:

- Good written, spoken and read English
- **Very Good User of (ERP) Systems.**

Ability to Commute:

- Manama (required)

Ability to Relocate:

- Manama: Relocate before starting work (required)


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