Finance Manager

Alzayani Investments; Manama; On-site; BHD 30,000 - 54,000; Full time

Job summary

Alzayani Investments in Bahrain seeks an experienced Finance Manager to oversee all financial activities, ensure IFRS compliance, and provide strategic guidance to support growth. This role reports to the CFO.

The ideal candidate has 10+ years in finance management, ACCA/CPA/CMA/CFA, strong leadership, budgeting, forecasting, and ERP/financial reporting experience.

Based in Manama, the position is on-site with a focus on delivering accurate financial statements and strategic controls.

Qualifications

• Bachelor's degree in Finance, Accounting or related field.
• Professional accounting certifications such as ACCA, CPA, CMA or CFA.
• Minimum of 10 years of experience in a finance management role.
• Strong understanding of financial regulations and reporting requirements.
• Excellent analytical and problem-solving skills.
• Proven experience in budgeting, forecasting, and financial analysis.
• Proficient in financial software and Microsoft Office Suite.
• Strong leadership and communication skills.
• Ability to work under pressure and meet tight deadlines.

Responsibilities

• Prepare consolidated financial statements and board presentations.
• Oversee intercompany balances across group entities.
• Coordinate annual consolidated budget and audits.
• Provide ad-hoc financial reporting to support decision-making.
• Maintain bank facility schedules and reports for bank meetings.
• Assist with cash flow forecasting and banking transactions.
• Monitor FX movements and currency bookings.
• Review insurance coverages and quotes across divisions.
• Prepare and supervise ERP entries, payroll reconciliations, and payments.
• Manage fixed assets, accruals, VAT support, and month-end reconciliations.
• Deliver monthly entity statements and final consolidated reporting per IFRS.

Skills

Analytical thinking

Budgeting and forecasting

Financial analysis

Leadership

Communication

Problem solving

Ability to work under pressure

Education

Bachelor's degree in Finance or Accounting

ACCA

CPA

CMA

CFA

Tools

ERP software

Microsoft Office Suite

Job description

Job Summary:

We are currently seeking a highly skilled and experienced Finance Manager to join our team. The ideal candidate will be responsible for overseeing all financial activities of the company, ensuring compliance with financial regulations, and providing strategic financial guidance to support the growth and success of the organization. The Finance Manager will report directly to the Chief Financial Officer.

Key Responsibilities:

• Assist the Manager Accounts in preparing monthly, quarterly, and annual consolidated financial statements, BOD meeting presentations, and cost-of-capital reports.
• Oversee and reconcile intercompany balances and transactions across group entities.
• Prepare the annual consolidated budget and manage internal and external audit processes, including drafting audited financial statements.
• Provide ad-hoc financial reporting and analysis to support the GCFO's decision-making.
• Maintain schedules of bank facilities, prepare comparative analyses for facility renewals, and draft reports for bank meetings.
• Assist with cash flow forecasting, routine banking transactions, and info requests from financial institutions.
• Track foreign exchange deals, monitor maturity dates, and monitor FX movements to support the GCFO in currency bookings.
• Gather insurance coverage requirements across group divisions and review policy terms for gaps or changes.
• Source, evaluate, and compare insurer quotations, premiums, exclusions, and coverage limits.
• Prepare comparative documentation to support management and Board insurance approvals.
• Supervise Financial Analysts and Accountants to ensure accurate ERP entries, payroll control reconciliations, and timely supplier and employee payments.
• Oversee fixed asset registers, accrual entries, VAT return support, and bank reconciliations (due by the 2nd working day of the month).
• Deliver monthly entity financial statements (by the 4th) and final consolidated reporting (by the 6th) in compliance with IFRS and company policies.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field.
• Professional accounting certification such as ACCA, CPA, CMA, or CFA.
• Minimum of 10 years of experience in a finance management role.
• Strong understanding of financial regulations and reporting requirements
• Excellent analytical and problem-solving skills
• Proven experience in budgeting, forecasting, and financial analysis
• Proficient in financial software and Microsoft Office Suite
• Strong leadership and communication skills
• Ability to work under pressure and meet tight deadlines