Regional Finance Manager

Gulf Air; Manama; On-site; BHD 60,000 - 90,000; Full time

Job summary

Gulf Air seeks a Regional Finance Manager to lead finance and accounting activities for its outstations. You will drive internal controls, ensure compliance with corporate policies, and optimize cash flow and cost efficiency across multiple locations.

The role requires strong IFRS knowledge, governance experience, and leadership of geographically dispersed teams, delivering timely, accurate financial reporting and strategic financial support.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or an equivalent major; Master’s preferred.
• Professional accounting qualification (CPA, ACCA, CMA, or CA) is an added advantage.
• Minimum of 6 years of experience in a related field.

Responsibilities

• Lead and oversee finance and accounting activities across outstations to ensure high accounting standards and cost efficiency.
• Ensure internal controls and integrity of accounting processes, records, and reporting.
• Maintain accuracy of financial records including ledgers, payroll, assets and invoices.
• Review and improve financial policies and operating practices for governance and efficiency.
• Oversee supplier payments, payroll, and financial transactions per policies and authorities.
• Monitor disbursements, cash management and company funds across stations.
• Oversee revenue accounting, refunds, collections and related reporting.
• Repatriate funds and coordinate with banks and treasury on cash transfers and FX.
• Monitor petty cash and ensure compliance with policies.
• Review contracts with third parties to safeguard interests and ensure renewals.

Skills

Financial accounting

Budgeting

Financial controls

Treasury management

Credit control

Financial reporting

IFRS knowledge

Governance

Leadership

Stakeholder management

Education

Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or an equivalent major

Master’s degree in a relevant field (preferred)

Professional accounting qualification (CPA, ACCA, CMA, or CA)

Job description

The Regional Finance Manager is responsible for leading and overseeing the financial operations of Gulf Air outstations within the assigned region ensuring high standards of financial control accounting compliance asset protection and cost efficiency The role provides strategic leadership and business support to outstation finance teams drives the effective implementation of corporate financial policies systems and procedures and ensures timely identification resolution and escalation of financial and control issues In partnership with the VP Financial Control GFG the Regional Finance Manager contributes to the development and execution of regional financial strategies enhances financial performance strengthens governance and controls and supports the achievement of the Company s overall business objectives.

ESSENTIAL DUTIES

The duties and responsibilities listed below are indicative and not exhaustive and may be amended in line with operational regulatory business or organizational requirements.

Financial Management and Accounting Operations

• Lead direct and oversee the finance and accounting activities of assigned online and offline outstations to ensure high accounting standards effective asset protection cost efficiency and compliance with corporate policies and procedures
• Ensure the effectiveness of internal controls and the integrity of accounting processes financial records and reporting across all assigned stations
• Oversee the maintenance and accuracy of financial records including general ledger accounts bank reconciliations payroll records fixed assets invoices expense claims revenue documents and supporting financial documentation
• Review and recommend enhancements to financial policies procedures and operating practices to improve efficiency standardization and governance
• Ensure timely and accurate processing of supplier payments employee reimbursements payroll activities and financial transactions in accordance with approved policies and delegated authorities
• Monitor station disbursement and sales collection bank accounts ensuring timely reconciliations optimal cash management and effective control of company funds
• Oversee revenue accounting activities including the review of sales refunds collections remittances commissions and revenue-related reports ensuring proper accounting treatment and timely reporting
• Ensure the timely repatriation of funds and coordinate with banks regulatory authorities and Head Office Treasury on matters relating to cash transfers and foreign exchange restrictions
• Monitor petty cash administration and financial controls to ensure compliance with established policies and the appropriate utilization of Company resources
• Review contracts and financial commitments with third parties to safeguard Company interests and ensure timely renewals and compliance with contractual obligations
• Adherence to any management directives and instructions regarding the addition of any new and supplementary responsibilities

Budgeting and Financial Performance Management

• Lead and coordinate the preparation review and consolidation of annual operating and capital budgets for the assigned region
• Provide financial guidance and support to station management and department heads during budget preparation and forecasting activities
• Monitor financial performance against approved budgets analyze variances and recommend corrective actions to improve efficiency and financial results
• Evaluate expenditure trends reporting outcomes and operational costs to identify opportunities for cost optimization and enhanced financial performance

Credit Control and Receivables Management

• Oversee the management and recovery of receivables across the region ensuring timely collection of outstanding balances and minimization of credit risk
• Review receivable ageing reports overdue debt positions ADMs unmatched credits and write-off cases ensuring appropriate follow-up actions are undertaken
• Monitor customer account reconciliations and ensure stations maintain accurate debtor records and supporting documentation
• Ensure compliance with corporate credit control policies including management of bank guarantees credit exposure debt recovery initiatives and reporting requirements
• Support the resolution of financial queries from agents GSAs BSPs government entities and other stakeholders relating to financial matters

Compliance Governance and Risk Management

• Ensure compliance with local laws taxation requirements labour regulations exchange control requirements and statutory reporting obligations across all assigned locations
• Monitor VAT tax social security and other statutory obligations to ensure timely submissions and compliance with regulatory requirements
• Liaise with Internal Audit and external auditors ensuring timely implementation of audit recommendations and corrective actions
• Identify assess and elevate significant accounting financial control compliance and business risks to the VP Financial Control GFG recommending appropriate mitigation measures
• Ensure all legal and contractual financial obligations are fulfilled in accordance with regulatory and corporate requirements

EDUCATION / QUALIFICATIONS

Bachelor s degree in Accounting, Finance, Business Administration, Economics, or a or an equivalent major in the related field, a Master s degree in a relevant field is preferred. Professional accounting qualification (e.g., CPA, ACCA, CMA, or CA) is an added advantage.

EXPERIENCE

Minimum of 6 years of experience in the related field.

JOB SPECIFIC SKILLS & ATTRIBUTES

• Strong knowledge of financial accounting, budgeting, financial controls, treasury management, credit control, and financial reporting.
• Excellent understanding of IFRS, corporate governance principles, and internal control frameworks.
• Ability to analyze complex financial information, identify risks, and develop practical business solutions.
• Strong leadership, people management, coaching, and performance management skills.
• Proven ability to lead geographically dispersed finance teams and manage multiple outstations effectively.
• Excellent stakeholder management and relationship-building skills with internal and external parties.
• Strong planning, organizational, and project management capabilities.