Position: Financial Planning and Analysis Specialist
Employment: Full Time
Objective: As the Financial Planning and Analysis Specialist, your primary objective is to ensure excellence in financial planning, reporting, budgeting, and cost analysis by implementing suitable standards, systems, and procedures. Your role is vital in providing high-quality support to the Management for informed decision-making, contributing to the overall success and growth of the organization. Analysis Specialist Jobs in Bahrain
Main Responsibilities: Analysis Specialist Jobs in Bahrain
- Strategic Development:Â
- Collaborate with the Admin & Finance Manager to develop departmental strategies aligned with the overall organizational objectives.
- Ensure effective implementation of the devised strategies for optimized financial operations.
- Financial Operations Management:
- Oversee day-to-day operations of the Finance Department, fostering teamwork, and encouraging high-performance standards.
- Liaise with internal and external stakeholders to facilitate smooth business transactions.
- Create a motivated work environment that aligns with company values and objectives.
- Management Reporting:
- Support the Admin. & Finance Manager in the month-end financial closing process.
- Prepare accurate and timely monthly management accounts and/or reports for management and shareholders.
- Bank Reconciliation and Expense Management:
- Conduct monthly bank reconciliations to ensure timely recording of payments and receipts.
- Maintain schedules for prepaid and accrued expenses, ensuring accurate financial records.
- Policy and Procedure Development:
- Assist in developing departmental policies and procedures, aligning them with company-wide policies.
- Ensure the implementation of policies and procedures for efficient financial management.
- Financial Insight and Analysis:
- Develop a deep understanding of the business to contribute to key decisions within the department.
- Monitor project performance from a cost perspective, identifying cost overruns, and addressing areas of concern.
- Budget Coordination and Monitoring:
- Establish a system for coordinating and collating budget-related information from various departments.
- Monitor budget implementation across the Company, reporting on variances and ensuring adherence to the plan.
- Variance Analysis and Recommendations:
- Analyze and discuss reasons for budget variations with concerned department heads, making recommendations for adjustments if necessary.
- Statutory Compliance:
- Provide all necessary documentation for the preparation of year-end statutory accounts for external audit.
- Management Reporting:
- Prepare insightful reports and analyses for management reference, as and when required.
Reporting to: Finance and Administration Manager
Number required: 1
Duration: 1 year
Desired start date: ASAP
