Job Description
A Financial Manager is a key professional responsible for ensuring the financial health of an organization.
Responsibilities
- Take financial ownership for the Bahrain business entity providing support and challenge to local and regional leadership teams.
- Assist with all reconciliations, general ledger, and reporting activities.
- Draft high quality outputs for the key stakeholders (GM, CD, finance team) on month end reporting, forecasts, budgets and key issues and by doing so providing the senior management team with insight on key opportunities and challenges to inform decision making.
- Ensure all regulatory reporting requests from BCB are adhered to Finance manager will become the in-country lead from finance perspective for new Ledger system to replace current system.
- Review of contract and rental agreements to ensure accounting is correctly administered and payments made accordingly.
- Take ownership for managing the financial requirements and output from the entity in Bahrain.
- Ensure month end reporting is managed to meet, regulatory (BCB) and internal reporting deadlines and with required analysis and commentary.
- Detailed investigations to assist reporting is vital.
- Update cash forecast for weekly review with CD and FD.
- Ensure a full understanding of cash generation from sales and timing and nature of all in/direct spends. Work with local SL team to gain full understanding of the business and to provide reporting to SLT that adequately helps report on current results.
- Lead for Bahrain finance for all quarterly and annual budget / forecast reviews.
- Working with local SLT and GEO finance team to deliver high quality output.
- Ensure all Group and GEO policies are adhered to, and local policies are adhered to as well as reviewed and updated on a periodic basis.
- Become SME with both internal and external auditors during all audit cycles.
- Ensure our commercial obligations are adhered to.
- Ensure a full understanding of our key commercial contacts and understand obligations in terms of financial payments and reporting cycles.
- Ensure outputs and analysis is consistently produced to a high standard (including accuracy) and is presented in a format which provide clear insight to the intended audience to inform decision making.
- Proactively identify areas that require process improvement and opportunities to increase the efficiency of reporting.
- Discuss and agree proposed changes with relevant stakeholders and see agreed changes through to implementation.
- Be responsive to business needs and to changes in priorities.
- This will include flexing to deliver upon ad hoc requests and at times flexing working hours to meet key deadlines.
- Utilize and coach analysts within the team to support you in delivery of your responsibilities and provide them with opportunities to broaden their experience.