Senior Accountant

Advanced Search; Manama; On-site; BHD 10,000 - 17,000; Full time

Job summary

Ramee Hotel Management Services in Bahrain seeks a highly skilled senior accountant to strengthen financial reporting and regulatory compliance in the insurance sector. The ideal candidate will bring deep accounting expertise and a solid understanding of IFRS standards.

You will prepare management reports, coordinate with auditors, supervise junior staff, and ensure IFRS 17 compliance across all statements.

Qualifications

• 3–6 years of accounting experience in the insurance industry.
• Strong IFRS and regulatory reporting experience.
• Familiarity with IFRS 17.

Responsibilities

• Prepare management reports including monthly actual vs budget and sales forecast.
• Submit regulatory filings within deadlines.
• Prepare IFRS-compliant financial statements with focus on IFRS 17.
• Coordinate with auditors and provide audit support.
• Supervise junior accountants and review their work.
• Perform month-end closing activities (accruals, prepayments, depreciation, adjustments).
• Prepare and review journal entries for branches and agencies.
• Perform reconciliations for banks, clients, insurers, suppliers, intercompany accounts.
• Review receipts and supporting documents for claims, payments, refunds and suppliers.
• Prepare payment vouchers, cheques, and related records.
• Maintain fixed assets register.
• Prepare monthly employee deduction vouchers.
• Manage bank and supplier confirmations.
• Perform other duties as assigned.

Skills

IFRS compliance

Regulatory reporting

Management reporting

IFRS 17 knowledge

Education

Bachelor's degree in accounting

Job description

We are seeking a highly skilled and experienced senior accountant to join our client in the insurance sector. The ideal candidate will have a strong background in accounting and a deep understanding of the insurance industry.

Key Responsibilities

• Prepare management reports, including monthly actual vs. budget and sales forecast analysis.
• Prepare and submit mandatory regulatory filings within statutory deadlines.
• Prepare financial statements in accordance with IFRS, with specific focus on IFRS 17.
• Coordinate with internal and external auditors and provide required audit support.
• Supervise junior accountants, review their work, and ensure timely completion of tasks.
• Perform month-end closing, including accruals, prepayments, depreciation, and adjustments.
• Prepare and review journal entries for branches and agencies.
• Perform reconciliations for banks, clients, insurance companies, workshops, suppliers, and interbranch/intercompany accounts.
• Review receipts and supporting documents related to claims, payments, refunds, and suppliers/providers.
• Prepare payment vouchers, cheques, and related accounting records.
• Maintain and update the fixed assets register.
• Prepare monthly employee deduction vouchers.
• Prepare and manage bank and supplier confirmations on a periodic basis.
• Perform other duties as assigned by management.

Education

• Bachelor's degree in accounting or a related field with additional professional qualification is preferred.

Experience & Knowledge

• 3-6 years of accounting experience in the insurance industry.
• Strong experience in regulatory reporting, management reporting, and IFRS compliance.
• Working knowledge of IFRS 17 and insurance accounting standards.

The job offers a competitive salary and benefits package, as well as opportunities for professional growth and development.

Ramee Hotel Management Services - Bahrain, Bahrain