Finance Manager - Braxtone Group

confidential; Bahrain; On-site; BHD 22,000 - 32,000; Full time

Job summary

A financial services firm in Bahrain is seeking a Finance Manager to oversee financial operations across multiple jurisdictions. In this role, you will manage accounting, regulatory reporting, budgeting, and compliance while ensuring operational efficiency. The ideal candidate will have a Bachelor's degree in Finance, a professional qualification, and extensive experience in finance and accounting. This position offers a chance to lead a team and drive financial strategy in a dynamic environment.

Qualifications

• 6-10 years of progressive experience in finance and accounting, ideally in a multi-entity or regulated environment.
• Experience in the insurance, financial services, or consulting sectors is a strong advantage.
• Good understanding of IFRS and regional tax and regulatory frameworks (UAE, Bahrain, Oman).

Responsibilities

• Manage day-to-day accounting operations including ledger and bank reconciliations.
• Oversee month-end and year-end closing activities for timely financial statements.
• Prepare financial reports in compliance with IFRS and internal requirements.
• Lead the annual budgeting process and monitor budget performance.
• Ensure timely submission of regulatory reports required by CBB and other authorities.
• Support implementation and enhancement of financial systems and tools.
• Monitor cash flow and assist in treasury operations.
• Supervise junior finance staff and foster a culture of accountability.

Skills

Financial reporting and analytical skills

Working knowledge of ERP and financial management systems

Ability to manage deadlines and multi-task

Attention to detail

Effective communication skills

Education

Bachelor's degree in Accounting, Finance, or related field

Professional qualification (ACCA, CPA, CMA) preferred

Tools

ERP systems

Job description

Note: Read fully the job description below before applying.

Main Purpose of Job

The Finance Manager will support the COO in managing the Group's financial operations across multiple jurisdictions (Bahrain, UAE, Oman and Saudi), ensuring accurate reporting, compliance, and financial controls. This role will lead the daily financial functions of Braxtone Group and its subsidiaries, including accounting, regulatory reporting, budget control, tax compliance, and financial systems management.

The Finance Manager will play a key role in ensuring operational efficiency, maintaining financial discipline, and supporting strategic initiatives across the Group's business lines in insurance, brokerage, loss adjusting, claims management, and advisory services.

Reporting Line

Chief Operating Officer

Key Responsibilities

Financial Operations & Control

• Manage day-to-day accounting operations including general ledger, accounts payable/receivable, and bank reconciliations.
• Oversee month-end and year-end closing activities and ensure timely and accurate financial statements.
• Maintain strong internal controls and ensure adherence to accounting policies and procedures.

Financial Reporting

• Prepare monthly, quarterly, and annual financial reports in compliance with IFRS and internal requirements.
• Support the CFO with group financial consolidation and performance reporting.
• Assist in preparation for audits and liaise with external auditors and regulatory bodies.

Budgeting & Forecasting

• Lead the annual budgeting process and periodic forecasts across business units.
• Monitor budget performance and analyze variances to provide recommendations for cost optimization.
• Support business units in preparing financial plans and operating budgets.

Regulatory & Tax Compliance

• Ensure timely submission of regulatory reports required by CBB, CBUAE, and other applicable authorities.
• Manage VAT and corporate tax filings in coordination with tax advisors.
• Monitor compliance with all local and international financial regulations.

Financial Systems & Process Optimization

• Support implementation and enhancement of financial systems and tools (e.g., ERP).
• Drive process improvements in finance operations to enhance efficiency and accuracy.Assist in automation projects and digital transformation initiatives led by the CFO.

Treasury & Cash Flow Management

• Monitor cash flow, working capital, and banking relationships.
• Assist in treasury operations, including payments, liquidity management, and fund transfers.

Team Leadership

• Supervise junior finance staff and ensure timely delivery of responsibilities.Foster a culture of accountability, accuracy, and continuous development within the finance function.

Educational, Skills, and Experience

• Bachelor's degree in Accounting, Finance, or related field.
• Professional qualification (ACCA, CPA, CMA) is preferred or in progress.
• 6-10 years of progressive experience in finance and accounting, ideally in a multi-entity or regulated environment.
• Experience in the insurance, financial services, or consulting sectors is a strong advantage.
• Good understanding of IFRS and regional tax and regulatory frameworks (UAE, Bahrain, Oman).

Key Competencies

• Strong financial reporting and analytical skills.
• Working knowledge of ERP and financial management systems.
• Ability to manage deadlines, multi-task, and coordinate across entities.
• Attention to detail and commitment to quality.
• High integrity, confidentiality, and professionalism.
• Effective communication skills and ability to collaborate across teams.