Asst. Manager / Manager (Finance & Accounts)

(Hiring for one of our clients)

We are seeking a qualified Assistant Manager / Manager (Finance & Accounts) on behalf of one of our clients, a reputable life insurance company. The role involves overseeing financial operations, ensuring compliance with regulatory standards, preparing and submitting financial statements, and optimizing accounting processes.

Key Responsibilities1. Financial Management & Reporting

• Prepare and present quarterly and annual financial statements for the company and its UAE branches, in accordance with regulatory standards such as IFRS 9, IFRS 17, etc.
• Ensure accurate and timely submission of financial reports including income statements, balance sheets, and cash flow statements.
• Analyze financial data and performance metrics to support decision-making.

2. Regulatory Compliance

• Ensure compliance with local and international accounting standards, including Bahrain’s financial regulations and insurance industry requirements.
• Prepare and submit regulatory reports and filings promptly.

3. Audit & Risk Management

• Coordinate and manage internal and external audits, ensuring all audit requirements are met.
• Ensure accounting policies and procedures align with the organization’s risk management framework.

4. Budgeting & Forecasting

• Lead the annual budgeting process and financial forecasting.
• Monitor actual financial performance versus budget and recommend corrective measures as needed.

5. Taxation

• Ensure compliance with tax obligations including VAT and other relevant tax laws in Bahrain.
• Collaborate with external tax advisors for effective tax planning, regulatory updates, and timely filing of tax returns.

Age, Qualifications & Experience

• Age: Maximum 45 years as of 01.01.2026
• Education: Chartered Accountancy qualification or related credentials such as ACCA or CPA preferred.
• Experience: Minimum 3 years in a junior managerial role within the life or general insurance industry, with a total of 5–6 years relevant accounting experience preferably in life insurance or financial services.

Skills

• Strong understanding of IFRS and financial regulations relevant to the insurance business.
• Advanced proficiency in MS Excel and MS Word.
• Excellent analytical, communication, and leadership skills.

Job Type: Full-time