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Job Detail
  • Industry:
    Hospitality/Leisure/Tourism
  • Total Positions:
    1
  • Job Type:
    Full Time
  • Salary:
    16000 USD - 20000 USD
  • Job Location:
    Bahrain, Bahrain
  • Minimum Education:
    BA
  • Minimum Experience:
    10+ Years
  • Apply By:
    Nov 30, 2018
Job Description
Duties & Responsibilities:
Prepare various financial analysis and segments reports to the Board of Directors, CEO and management.
Prepare periodic financial analysis of operations of the Center to identify trends and/or potential problems.    
Prepare evaluations and recommendations, based on financial analysis, to the ODM/CEO/Board of Directors, for consideration and action.
Ensure that the financials are in compliance with IFRS and Bahrain Commercial Law.
Ensure timely and accurate accounting and presentation of the Center accounts/reports to the CEO.
Responsible to the direct and supervise the preparation of Financial Statements and all closing and adjusting entries, and liaise with both internal and external auditors for the purpose of this issue.
Guides preparation of budgets, cash flow projections and operational plans for the center and provides overall recommendations to the senior management on efficient utilization of the budget.
Design and develop Center’s budgeting systems and procedure for operational and capital budgets.  Responsible for the implementation of the budgetary systems and procedures by coordinating annual budget activities involving Administration and Department Heads.
Monitor revenue and expenditure in accordance with approved annual budget.
Report actual vs. budget to Management and Board.
Ensure cost efficiency through budget monitoring.
Ensure that adequate cash is available at all times to support the continuance of routine Center operations and that surplus cash is invested or distributed as directed by Directors of Board.
Actively  participate  in  negotiating  with  banks  and  financial  institutions  to  arrange necessary funding for new projects and working capital requirements.
Ensure sound development and implementation of the policies and procedures. Maintain a documented  system  of  financial  and  accounting  policies  and  procedures  in  line  with center’s streamlined policy and procedures guidelines.
Administratively  responsible  for  the  supervision  of  the  Accounting  Department  which includes Cash Recompilations, General Ledger, Accounts Payable, Accounts Receivable & Billing, and Budget Reporting.   Also responsible for supervision of the finance and accounting System.
Liaison with the Center’s internal auditors and external auditors. Coordinate with the other department in their operations.
Undertake any other relevant tasks and responsibilities as assigned by the CEO.
Financial delegation authority and signatory levels as per the approval of the Board of Directors.
 
Qualifications & Experience 
Post Graduate of an Accredited University / College with a degree in Accounting & Finance, Professional certifications in CFA, CPA, CMA ACCA and/or equivalent are preferred.
Minimum five (5) years’ experience in Financial Management, Accounting or related field.
Minimum  five  (5)  years’  experience  in  a  combination  of  successively  higher  positions  within

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