Financial Analyst

21 hours ago


Manama, Manama, Bahrain Propel Consult Full time

The Financial Analyst will support the Finance Department in preparing financial reports, analyzing business performance, evaluating investments, and providing insights that support strategic decision-making. This role requires strong analytical skills, financial modeling expertise, and collaboration with cross-functional teams to drive accuracy, efficiency, and compliance across all financial processes.

Responsibilities

Financial Planning & Analysis (FP&A):

  • Prepare monthly, quarterly, and annual financial reports and variance analyses.
  • Support the development of budgets, forecasts, and long-term financial plans.
  • Analyze financial trends and business performance across different entities.

Financial Modelling & Reporting:

  • Build and maintain financial models to assess business opportunities and cost-saving initiatives.
  • Prepare management dashboards and KPI reports for senior leadership.
  • Support scenario and sensitivity analysis, and profitability studies.

Cost Analysis & Performance Tracking:

  • Perform cost analysis related to production, raw materials, operational expenses, and supply chain activities.
  • Coordinate with Productions, Procurement, and HR to validate cost structures and improve accuracy.
  • Track key cost drivers and recommend corrective measures for variances.

Business Partnering:

  • Work closely with department heads (Productions, Planning, Sales, HR, Supply Chain, Projects) to provide financial insights.
  • Support pricing decisions, customer profitability analysis, and commercial evaluations.
  • Assist in preparing materials for Board meetings and executive reporting.

Investment & Project Evaluation:

  • Conduct feasibility studies and ROI assessments for new projects and capital investments.
  • Coordinate with Project and Engineering teams to monitor financial performance of ongoing projects.
  • Evaluate financial risks and recommend mitigation strategies.

Compliance & Audit Support:

  • Ensure compliance with internal policies, IFRS standards, and local regulatory requirements.
  • Assist auditors by providing financial data and supporting documentation.
  • Maintain accurate reconciliations, schedules, and financial records.

Process Improvement:

  • Identify opportunities to streamline financial processes and enhance system efficiency.
  • Support ERP enhancements (Oracle) and implement automation improvements.

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • Professional certifications preferred: CFA, ACCA, CPA, or CMA.
  • 3–7 years of experience in financial analysis, FP&A, or investment analysis; experience in manufacturing or multinational environments is a plus.
  • Strong proficiency in financial modeling (Excel) and data analysis.
  • Experience with ERP systems (Oracle, SAP, MS Dynamics).
  • Knowledge of IFRS, budgeting, forecasting, and financial controls.
  • Advanced MS Excel and Power BI skills (preferred).

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