Qureos Mentor

LIC International B.S.C.(C)

Position Details:Company: LIC (International) B.S.C. (c). Location: Bahrain.Department: Finance &amp; Accounts. Designation: ManagerAbout the Role:As a Manager Accounts, you will be responsible for overseeing financial operations, ensuring compliance with regulatory standards, preparation and submission of financial statements and optimizing accounting processes.Key Responsibilities:1. Financial Management &amp; Reporting:<ul><li>Preparation and presentation of quarterly, and annual financial statements of Company and its UAE branches in accordance with regulatory standards (e.g., IFRS 9, IFRS 17, etc.).</li><li>Ensure the accuracy and timely submission of financial reporting, including income statements, balance sheets, and cash flow statements.</li><li>Analyze financial data and performance metrics.</li></ul>2. Regulatory Compliance:<ul><li>Ensure compliance with both local and international accounting standards, including Bahrain's financial regulations and industry-specific insurance requirements.</li><li>Prepare and submit regulatory reports and other required filings in a timely manner.</li></ul>3. Audit &amp; Risk Management:<ul><li>Coordinate and manage internal and external audits, ensuring all audit requirements are thoroughly addressed.</li><li>Ensure that all accounting policies and procedures are aligned with the organization&rsquo;s risk management frameworks.</li></ul>4. Budgeting &amp; Forecasting: <ul><li>Lead the annual budgeting process, including forecasting future financial.</li><li>Track actual financial performance against budgeted figures and recommend corrective actions when necessary.</li></ul>5. Taxation:<ul><li>Ensure the company meets its tax obligations, including compliance with VAT and other relevant tax laws in Bahrain.</li><li>Collaborate with external tax advisors for effective tax planning and to stay updated on regulatory changes and filing of tax returns.</li></ul>&middot; Qualifications and experience:<ul><li>Education: A qualification in Chartered Accountancy or a related field, such as ACCA or CPA, is preferred.</li><li>Experience: At least 3 years of junior-level managerial experience in the Life or General Insurance industry, with a total of 5&ndash;6 years of relevant experience in accounting roles, preferably within the life insurance or financial services sector.</li></ul>&middot;<ul><li>Proper understanding of IFRS and financial regulations related to insurance business.</li><li>Advanced proficiency in MS Excel and MS Word.</li><li>Strong analytical, communication, and leadership abilities.</li></ul>For short-listed candidates for interview, correspondence will be done using the mobile-number/email-id provided in the CV Details.Job Type: Full-time

Manager(Finance & Accounts)

Who We AreLIC (International) BSC (C) came into existence on the 20th of July, 1989 in the Kingdom of Bahrain, with the objective of providing life insurance cover in GCC countries. The journey of LIC (International) BSC (C) in the past 34 years is an exemplary story of sharing and fulfilling dreams and prosperity of thousands of customers The Company currently operates in Bahrain, UAE (Dubai and Abu Dhabi), Kuwait &amp; Qatar.Role DescriptionThis is a full-time Executive Assistant (Investment) role located in the Kingdom of Bahrain. The Executive Assistant will have the functional role as an Analyst, such as Trading, Churning &amp; front/back office jobs of the Investments DepartmentJob Responsibilities: To identify opportunities to increase investment yield, generate returns and reduce losses, analyze trading and churning activities.Record accounting entries, including closing entries and reconciliation tasks.Prepare investment schedules and reports for internal and regulatory purposes.Liaise with banks, custodians, and brokers for investment-related activities.Prepare investment notes and documentation for Investment Committee, Board, and Audit Committee meetings.Required Qualifications:<ul><li>Graduate (preferably Commerce).</li><li>Professional Qualification: CA (Inter) / ACCA (Applied skill level) / MBA (Finance) / CFA Level 1/enrolled or above/ or equivalent.</li><li>1 year of relevant hands-on experience in an (Life) insurance company, specifically within the accounts or investment department handling both front and back-office responsibilities.</li></ul>Additional Requirements:Proficiency in Microsoft Excel (formulas, charts, pivot tables)Preferably worked on investment related software like Bloomberg, etcHandling multiple tasks under tight deadlinesReport writing for investment committees/Audit committee/Board etc.What We Offer:Competitive salary and benefits.Opportunities for professional development and training.Location: Bahrain&#8203;How to Apply:Send your resume to adminhr@licinternational.com .Join us and be part of our commitment to excellence!Job Type: Full-timeApplication Question(s):<ul><li>Are you a Bahraini National?</li></ul>

Executive Assistant, Investment(Bahraini)

Join LIC International B.S.C.(C) and explore 2   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

LIC International B.S.C.(C)

ABOUT_COMPANY

Manager(Finance & Accounts)

Executive Assistant, Investment(Bahraini)