Financial Operations Manager

15 hours ago

Al Muharraq, Muharraq, Bahrain AVANA Companies Full time

Career Opportunities with AVANA Companies

A Great Place to Work

At AVANA Companies, we are a people-first organization that values our team members as the heart of our organization. Our goal is to enrich their lives while delivering capital for a better tomorrow. We aim to create a lasting impression on our own lives and those around us by collaborating and working together.

We are seeking a Junior/Senior Accountant to oversee and manage our financial activities, ensuring accuracy, compliance, and transparency. The role involves overseeing daily treasury operations, cash management, mitigating financial risk, and compliance with financial regulations. You will also contribute to financial planning and analysis by providing insights and recommendations.

Core Competencies:

  • Cash Management and Treasury
  • Accounting and Reporting
  • Analytical Thinking
  • Cost Management/Internal Controls Assessment

Key Performance Indicators:

  • Achieve a forecast accuracy rate of 90% for short-term cash flows.
  • Ensure compliance with financial reporting standards and achieve a zero-error rate in financial reports.
  • Cash reconciliations and coordination within the team for treasury function.
  • Develop dashboards to measure drivers of business performance, financial and cash forecasts, and provide insight to the team.
  • Put together an efficient way of cash forecasting and close-to-real-time reporting to management.
  • Funding liquidity management.
  • Detailed accounting for all borrower collections and interest remittances to investors.
  • Accuracy of financial transactions, including weekly cash reports, liquidity forecasts, calculations, and payment processing.
  • Accuracy of financial data input and reconciliation.

Job Responsibilities:

  • Cash and Liquidity Management:
    • Monitor daily cash positions and forecast short-term and long-term cash requirements.
    • Execute cash management strategies to optimize liquidity while minimizing idle cash balances.
    • Coordinate with internal departments to ensure timely funding for operational needs.
    • Evaluate investment opportunities and recommend investment strategies to maximize returns while managing risks.
  • Banking Relationships:
    • Manage relationships with banks and financial institutions.
    • Negotiate banking services, fees, and terms to optimize banking relationships.
    • Evaluate and recommend changes in banking partners as necessary.
  • Cash Flow Forecasting:
    • Develop accurate cash flow forecasts to support operational and strategic decision-making by collaborating with people across the organization.
    • Analyze variances between forecasted and actual cash flows and provide explanations and recommendations.
    • Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.
    • Develop risk management strategies to protect the organization's financial health.
    • Maintain compliance with regulatory requirements and internal policies related to treasury operations.
  • Financial Reporting and Analysis:
    • Prepare accurate and timely reports on treasury activities, including cash balances, investments, and debt.
    • Develop dashboards to provide in-depth financial analysis to support strategic decision-making and identify opportunities for cost reduction, revenue enhancement, or process improvement.
    • Collaborate with internal and external auditors to ensure compliance with financial reporting standards.
    • Communicate financial information effectively to stakeholders, including senior management, board of directors, investors, and external partners.
  • Internal Controls and Process Improvement:
    • Establish and maintain internal control procedures to safeguard company assets, prevent fraud, and ensure compliance with policies and regulations.
    • Identify opportunities to streamline treasury processes and enhance efficiency, accuracy, and scalability.
    • Implement best practices and automation tools to improve accuracy and effectiveness.
    • Lead or participate in treasury-related projects to support business objectives.

Qualifications:

  • A bachelor's degree in accounting, finance, or a related field.
  • A master's degree or professional certification such as CPA (Certified Public Accountant), ACCA (Association of Chartered Certified Accountants), or CMA (Certified Management Accountant) may be preferred.
  • 3+ years of relevant experience in accounting, finance, or auditing. Knowledge on Islamic finance or Shariah-compliant lending a plus.
  • Understanding of regulatory requirements and guidelines governing finance operations, including US accounting standards and local regulatory frameworks.
  • Excellent strategic thinking and problem-solving skills and attention to detail.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
  • Strong business acumen and a deep understanding of organizational dynamics.
  • Outstanding communication and interpersonal skills, with the ability to build relationships and influence others.
  • Demonstrated ability to work effectively with diverse teams and across all levels of an organization.
  • Proven track record of driving change and leading successful transformation initiatives.

To apply for this role, please visit the link below:

Apply Now

  • Financial Risk Manager

    21 hours ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    Job OverviewWe are seeking a highly skilled Financial Risk Manager to join RESO. The successful candidate will play a critical role in managing and monitoring our company's credit, ensuring timely payment from clients, and maintaining positive customer relationships while safeguarding the company's financial stability.Key ResponsibilitiesDevelop and...

  • Financial Management Specialist

    21 hours ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    We are RESO seeking a seasoned Credit Controller to manage and monitor our company's credit, ensuring timely payment from clients, and maintaining positive customer relationships while safeguarding the company's financial stability.Effective management of credit policies and procedures is crucial in this role.The ideal candidate will possess excellent...

  • Treasury and Financial Analyst

    15 hours ago

    Al Muharraq, Muharraq, Bahrain AVANA Companies Full time

    About This OpportunityWe are seeking a highly skilled Junior/Senior Accountant to join our team at AVANA Companies. As a key member of our organization, you will be responsible for overseeing daily treasury operations, cash management, and ensuring compliance with financial regulations.Your Key ResponsibilitiesCash and Liquidity Management:Monitor daily cash...

  • Director of Operations Management

    22 hours ago

    Al Muharraq, Muharraq, Bahrain Yokogawa Electric Corporation Full time

    Yokogawa Electric Corporation is seeking an experienced professional to oversee the administrative operations of our office, ensuring the smooth functioning of day-to-day activities.Key Responsibilities:Operational Oversight: Supervise and coordinate office processes to maintain efficiency and productivity.Resource Management: Manage resources and support...

  • Luxury Spa Operations Manager

    5 days ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    About Mövenpick Hotel BahrainLocated adjacent to Bahrain International Airport, our 5-star hotel offers a luxurious escape with breathtaking views of the lagoon. With 97 luxury hotel rooms and 10 suites, we provide an unparalleled level of comfort and relaxation. Our hotel features state-of-the-art facilities and amenities, including the award-winning...

  • Cash Management Expert

    15 hours ago

    Al Muharraq, Muharraq, Bahrain AVANA Companies Full time

    AVANA Companies OverviewWe are a dynamic organization committed to delivering exceptional results and creating a better future for our clients, partners, and employees. With a strong focus on teamwork and collaboration, we strive to enrich the lives of our team members as much as we enrich the lives of our clients and partners.The RoleWe are seeking a...

  • Strategic Operations Director for Office Excellence

    5 days ago

    Al Muharraq, Muharraq, Bahrain Yokogawa Electric Corporation Full time

    At Yokogawa Electric Corporation, we are seeking a highly skilled Strategic Operations Director to lead our administrative operations. This is an exciting opportunity for a motivated and experienced professional to join our team and contribute to the success of our organization.Key ResponsibilitiesSupervise administrative staff and coordinate office...

  • Supply Chain Operations Manager

    2 days ago

    Al Muharraq, Muharraq, Bahrain Talent House Full time

    Job Title: Supply Chain Operations ManagerAbout the Role:Talent House is seeking a seasoned Supply Chain Operations Manager to oversee our supply chain activities. The ideal candidate will have a proven track record of success in managing supply chain operations.Key Responsibilities:Negotiate contracts with suppliers to ensure fair pricing and quality...

  • Financial Controller

    7 days ago

    Al Ḩadd, Muharraq, Bahrain RESO Full time

    Job Title: AccountantAt RESO, we are seeking a skilled Accountant to join our team. As an Accountant, you will be responsible for managing month end processes, reviewing revenue and cash banking, and performing full bank reconciliations.The ideal candidate will have a bachelor's degree in accounting and previous experience within an accountant role within a...

  • Credit and Collections Manager

    21 hours ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    As a Credit Controller at RESO, you will play a critical role in managing our company's credit, ensuring timely payment from clients, and maintaining positive customer relationships.This involves effective management of credit policies and procedures, including negotiation of payment plans with clients and maintenance of accurate records.The ideal candidate...

  • Spa manager

    5 days ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    Company Description Welcome to the award-winning five-star Mövenpick Hotel Bahrain, located adjacent to Bahrain International Airport, with a magnificent view of the sprawling lagoon and less than 10 minutes away from downtown city centre of Manama, the capital of Kingdom of Bahrain. The hotel offers 97 luxury hotel rooms and 10 suites with state-of-art...

  • Financial Controller

    4 days ago

    Al Ḩadd, Muharraq, Bahrain Imerys Full time

    Company OverviewImerys is a leading global supplier of mineral-based specialty solutions, offering high-value-added and functional solutions to various industries. With operations in 54 countries and a revenue exceeding €3.8 billion, the company draws on its understanding of applications, technological knowledge, and expertise in material science to...

  • Senior accountant

    1 week ago

    Al Muharraq, Muharraq, Bahrain AVANA Companies Full time

    Career Opportunities with Avana Companies A great place to work. As a people-first organization, AVANA Companies is the sum of our team members. Our team is the heart of our organization, across all our brands. Given everything they bring to the table, our goal is to enrich their lives as much as we enrich the lives of our clients and partners. At the end of...

  • Accounting and Reporting Specialist

    15 hours ago

    Al Muharraq, Muharraq, Bahrain AVANA Companies Full time

    About AVANA CompaniesWe are a people-first organization that believes in creating a better future for our clients, partners, and employees. As a great place to work, we value our team members' contributions and strive to enrich their lives as much as they enrich ours.The RoleWe are looking for a skilled Junior/Senior Accountant to join our team and take...

  • Operations Strategist

    7 days ago

    Al Ḩadd, Muharraq, Bahrain RESO Full time

    Required Skills & QualificationsMinimum 10+ years of experience in factory management, production, or FMCG manufacturing.Strong knowledge of medical, personal hygiene, or pharmaceutical manufacturing processes.Experience in setting up a new factory or leading factory scale-up is highly preferred.Deep understanding of ISO, GMP, FDA, and industry...

  • Cash Flow Coordinator

    21 hours ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    As a Cash Flow Coordinator at RESO, you will play a vital role in managing our company's credit, ensuring timely payment from clients, and maintaining positive customer relationships.This involves effective management of credit policies and procedures, including negotiation of payment plans with clients and maintenance of accurate records.The ideal candidate...

  • Accounts Receivable Expert

    21 hours ago

    Al Muharraq, Muharraq, Bahrain RESO Full time

    RESO is seeking a skilled Credit Controller to join our team and contribute to the effective management of our company's credit.This role involves negotiation of payment plans with clients and maintenance of accurate records, requiring strong communication skills and attention to detail.The ideal candidate will possess analytical skills to monitor...

  • Factory Operations Manager

    7 days ago

    Al Ḩadd, Muharraq, Bahrain RESO Full time

    Company OverviewRESO is a dynamic and innovative company seeking an experienced Factory Operations Manager to lead the establishment, operation, and growth of its medical and personal hygiene products manufacturing facility.

  • Restaurant manager

    2 weeks ago

    Al Muharraq, Muharraq, Bahrain Abroad Work Full time

    Seasonal Restaurant Manager Vacancy in Muharraq, Bahrain We are seeking an experienced Seasonal Restaurant Manager to oversee daily operations of our restaurant in Muharraq. Key responsibilities include ensuring exceptional customer service, maximizing profitability, and managing staff. The ideal candidate should possess strong leadership skills, previous...

  • Executive director

    5 days ago

    Al Muharraq, Muharraq, Bahrain Yokogawa Electric Corporation Full time

    Administration Director Role We are seeking an experienced Administration Director to oversee the administrative operations of our office, ensuring the smooth functioning of day-to-day activities. Key Responsibilities: Administrative Oversight: Supervise administrative staff, coordinate office processes, and maintain office efficiency. Resource Management:...