Finance Assistant Manager: IFRS & Project Accounting

AL MOAYYED INTERNATIONAL GROUP; Manama; On-site; BHD 12,000 - 24,000; Full time

Job summary

AL MOAYYED INTERNATIONAL GROUP in Bahrain seeks an experienced financial professional to oversee monthly, quarterly and year-end closings, budgeting, forecasting, and project accounting across active projects.

The role requires strong IFRS knowledge, SAP Business One proficiency, and advanced Excel skills, with a focus on stakeholder management and strategic financial guidance for senior management.

Qualifications

• Professional accounting qualifications (ACCA, CA, CPA, CMA or equivalent) preferred.
• Minimum 5–10 years of progressive experience in financial accounting and reporting.
• At least 2 years in a supervisory or assistant manager capacity.
• Experience in engineering, contracting, EPC, or project-based environments is a plus.
• Good working knowledge of IFRS and taxation regulations.

Responsibilities

• Complete monthly, quarterly and annual financial closing and finalization of accounts.
• Lead budgeting, forecasting and assist annual business planning.
• Project accounting including project budgeting, cost allocation, WIP and revenue recognition.
• Review contracts, payment milestones, retention, variation orders; monitor customer credit limits and collections.
• Coordinate banking activities including Letters of Credit, bank guarantees and performance bonds.
• Review VAT returns and ensure compliance with regulations.
• Support decision-making through financial modelling and profitability analysis.

Skills

Financial accounting

Management reporting

Budgeting & forecasting

Revenue recognition

Stakeholder management

Advanced Excel

Education

ACCA/CA/CPA/CMA or equivalent

Tools

SAP Business One

Job description

AL MOAYYED INTERNATIONAL GROUP in Bahrain seeks an experienced financial professional to oversee monthly, quarterly and year-end closings, budgeting, forecasting, and project accounting across active projects.

The role requires strong IFRS knowledge, SAP Business One proficiency, and advanced Excel skills, with a focus on stakeholder management and strategic financial guidance for senior management.