Accountant

Overview

• Job Title: Accountant
• Location: Action Labs Consultancy
• Employment Type: Full-Time

About Action Labs: Action Labs is a growth consultancy specializing in innovative solutions across multiple industries, including, marketing and strategy, film production, events management, and technology. We are seeking a dedicated and organized Accountant to oversee financial operations related to our film equipment rental division. This role involves managing contracts, issuing invoices, and ensuring smooth financial processes within the department.

Key Responsibilities:

• Financial Oversight: Manage the financial operations of the film equipment rental divison, ensuring accurate accounting records and financial reporting. Monitor department budget, track expenses, and provide regular financial updates to management.
• Invoicing and Billing: Prepare and issue invoices for equipment rentals, ensuring accurate billing in line with contract terms. Track outstanding payments and manage follow-ups for overdue invoices, coordinating with clients to resolve payment issues.
• Contract Management: Review, manage, and store rental contracts, ensuring all contract terms are adhered to and accurately reflected in financial records.
• Financial Reporting: Generate monthly and quarterly financial statements for the department, analyzing rental revenue, expenses, and profitability. Prepare ad hoc financial reports and assist with audits as required.
• Inventory Coordination: Work closely with the equipment inventory team to ensure accurate records of equipment availability, rental schedules, and associated costs. Assist in fixed assets tracking, calculating depreciation, and other accounting adjustments related to equipment inventory.
• VAT Compliance & Filing: Ensure compliance with Bahrain's VAT regulations, including managing VAT registration, filing returns, and resolving any VAT-related issues with auditors and clients.
• Compliance and Process Improvement: Ensure financial processes within the department are compliant with company policies and relevant regulations. Identify areas for process improvement within financial operations and collaborate with team members to implement enhancements.
• Collaboration with Auditors: Work closely with external auditors to finalize the division’s annual audit reports in a timely manner.

Qualifications:

• Bachelor’s degree in Accounting or FIA certification is required.
• Minimum 1 year of experience working as an accountant in Bahrain.
• Minimum of 2-3 years of accounting experience.
• Strong understanding of financial management principles and accounting standards.
• Proficient in accounting software, specifically Zoho or Xero, and Microsoft Excel or Google Sheets.
• Exceptional organizational skills and attention to detail.
• Strong communication skills, with the ability to coordinate across departments and liaise with clients professionally.

Why Join Action Labs?

• Be part of a creative and collaborative environment where your contributions make a direct impact.
• Opportunity to grow within a company that is at the intersection of media, technology, and innovation.

Job Type: Full-time

Experience:

• Accounting in Bahrain: 1 year (Preferred)

Language:

• English (Preferred)