Supermarket Finance Manager

1 day ago

Manama, Manama, Bahrain Propel Consult Full time 60,000 - 120,000 per year
Company

Operating in select sectors and demand driven markets within the Gulf region, the company has a mission to be the top Bahrain based service and trading group. The company strives to deliver quality products and services to ensure commercial success for all their customers.

They are currently looking for a Finance Manager for their Supermarket division to be based in Bahrain.

Duties & Responsibilities:
Development of strategic plans and programs for the managementOversee the development of the budget, the projected expenses for the administration and departments and submit to the Board of the company for review and approvalArrange new sources of finance for the company's debt facilitiesFormulate strategic and long-term business plansResearch the different factors that influence business performancesAnalyse seasonal market trends and address to EC thus advise clientsUnderstand that job descriptions change over time. You are expected to maintain competence, awareness, and compliance with your jobManage and interpret the company's financial accounting, monitoring and reporting systems such as GL, AR and AP etc.Responsible for checking all cash payments received against actual sales reportMonitor and interpret cash flows and predicting future trendsDevelop financial management mechanisms that minimize financial riskPrepare and manage annual financial statements and company budgetReview and evaluate cost reduction opportunities open to the firmEstablish mutual relations between the company and the banking and financial institutionsLay the foundations and standards aimed at financial planning and organising the necessary financial resources available to meet the funding needsPerform other work-related duties and miscellaneous tasks as assignedQualification & Requirements:
Master's Degree in the subjects of accounting and finance or equivalent from an accredited university Hold a certificate from the following bodies: ACA/ ACCA/ CFA/ CMA/ CPA/ or equivalent10 years practical work experience in a similar fieldFamiliar with all accounting processesGood knowledge of the methods of accounting and financial analysisGood knowledge of the general methodology for the preparation of budgets and financial statementsAbility to solve problems and make decisionsAbility to coordinate and follow upAbility to build team spirit at workAbility to train staff and transfer knowledge to other employeesFluent in Arabic and English (spoken and writing)

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