Finance Manager

Malaeb Limited

Capital Governorate

On-site

BHD 18,000 - 30,000

Full time

2 days ago
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Job summary

Malaeb Limited in Bahrain seeks a hands-on Finance Manager to own the finance function across entities and markets. You will run accounting, cash, reporting, budgeting and compliance, and support pricing, partnerships and expansion with the founders.

You should have IFRS knowledge, strong modelling skills and experience leading a finance team. The role requires English fluency and is based in Bahrain, with responsibilities spanning multi-currency operations and regulatory compliance.

Qualifications

  • Bachelor's degree in Accounting, Finance or a related field.
  • ACCA, CPA, CMA or equivalent, qualified or in final stages.
  • 6+ years of finance experience, with 2+ years managing a finance function or team.
  • Solid command of IFRS, Bahrain VAT and GCC tax basics.
  • Hands-on experience with cloud accounting software (Zoho Books preferred; Xero or QuickBooks considered)
  • Advanced Excel or Google Sheets, including three-statement financial modelling
  • Fluent English; Arabic is a strong advantage

Responsibilities

  • Own the general ledger and deliver a monthly close within 10 working days
  • Reconcile bank, payment-gateway and app booking data against the books, including many-to-one and partial settlements
  • Manage revenue recognition across bookings, SaaS subscriptions, advertising and service contracts under IFRS 15
  • Maintain the chart of accounts and accounting policies in Zoho Books (or the chosen system)
  • Run weekly cash forecasting and a rolling 13-week cash view
  • Manage venue-owner payouts, supplier payments and collections from B2B clients
  • Oversee banking relationships, payment gateways and treasury across currencies (BHD, KWD, SAR and others)
  • Produce monthly management accounts and a KPI pack (GMV, take rate, MRR, CAC, burn, runway)
  • Lead the annual budget and quarterly reforecasts, with variance analysis for founders and the board
  • Build and maintain the financial model used for fundraising, pricing and new-market decisions
  • Model unit economics and feasibility for partnerships, white-label deals and facility projects
  • Ensure VAT compliance in Bahrain and each new market, including registrations and timely filings
  • Coordinate the annual statutory audit and keep the company audit-ready year-round
  • Track corporate, commercial registration and regulatory obligations per entity
  • Design approval limits, segregation of duties and expense policies suited to a growing team
  • Set up finance for new country entities and SPVs, including intercompany accounting and consolidation
  • Support fundraising with data rooms, investor reporting and due diligence
  • Recruit, train and lead accountants as the team grows, and automate manual processes

Skills

Fluent English
Arabic language advantageous
IFRS knowledge
Three-statement financial modelling
Advanced Excel/Google Sheets
Excel/Google Sheets

Education

Bachelor's degree in Accounting, Finance or related field
ACCA/CPA/CMA qualification or in final stages

Tools

Zoho Books
Xero
QuickBooks

Job description

About Malaeb

Malaeb is a Bahrain-founded sports-tech company. The Malaeb App lets players discover, book and pay for courts and pitches, join matches and connect with other players. Malaeb Business gives venue owners booking, operations and reporting tools, plus an AI layer (virtual receptionist, virtual data analyst), white-label apps and match recording through Malaeb Live. Malaeb also partners on developing and operating sports facilities, and is expanding across the GCC.

Role summary

The Finance Manager owns Malaeb's finance function across all entities and markets. The role runs accounting, cash, reporting, budgeting and compliance day to day, and acts as the founders' finance partner on pricing, partnerships, fundraising and expansion. It suits a hands-on builder who is comfortable both reconciling bank statements and presenting to investors.

Key responsibilities

Accounting and month-end close

  • Own the general ledger and deliver a monthly close within 10 working days
  • Reconcile bank, payment-gateway and app booking data against the books, including many-to-one and partial settlements
  • Manage revenue recognition across bookings, SaaS subscriptions, advertising and service contracts under IFRS 15
  • Maintain the chart of accounts and accounting policies in Zoho Books (or the chosen system)
Cash, payables and receivables
  • Run weekly cash forecasting and a rolling 13-week cash view
  • Manage venue-owner payouts, supplier payments and collections from B2B clients
  • Oversee banking relationships, payment gateways and treasury across currencies (BHD, KWD, SAR and others)
Reporting, budgeting and analysis
  • Produce monthly management accounts and a KPI pack (GMV, take rate, MRR, CAC, burn, runway)
  • Lead the annual budget and quarterly reforecasts, with variance analysis for founders and the board
  • Build and maintain the financial model used for fundraising, pricing and new-market decisions
  • Model unit economics and feasibility for partnerships, white-label deals and facility projects
Compliance, tax and audit
  • Ensure VAT compliance in Bahrain and each new market, including registrations and timely filings
  • Coordinate the annual statutory audit and keep the company audit-ready year-round
  • Track corporate, commercial registration and regulatory obligations per entity
Controls and growth
  • Design approval limits, segregation of duties and expense policies suited to a growing team
  • Set up finance for new country entities and SPVs, including intercompany accounting and consolidation
  • Support fundraising with data rooms, investor reporting and due diligence
  • Recruit, train and lead accountants as the team grows, and automate manual processes
RequirementsMust have
  • Bachelor's degree in Accounting, Finance or a related field
  • ACCA, CPA, CMA or equivalent, qualified or in final stages
  • 6+ years of finance experience, with 2+ years managing a finance function or team
  • Solid command of IFRS, Bahrain VAT and GCC tax basics
  • Hands-on experience with cloud accounting software (Zoho Books preferred; Xero or QuickBooks considered)
  • Advanced Excel or Google Sheets, including three-statement financial modelling
  • Fluent English; Arabic is a strong advantage
Nice to have
  • Background in a startup, marketplace, SaaS or payments business
  • Experience with multi-country entities, consolidation and intercompany accounting
  • Exposure to fundraising, investor reporting or due diligence
  • Familiarity with BI tools or SQL for working directly with app data
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