Assistant Finance Manager

Job description / Role

We are seeking a motivated and detail-oriented Assistant Finance Manager to join our dynamic team in Bahrain. This role is integral to our Shared Service Centre, focusing on billing and collection processes. The successful candidate will assist the Finance Manager in overseeing financial operations, ensuring compliance with financial regulations, and driving efficiencies in our financial reporting and analysis. This is an excellent opportunity for an individual looking to advance their career in finance within a supportive and collaborative environment.

Responsibilities:
- Assist in the preparation and management of the monthly financial reporting process, ensuring accuracy and timeliness of financial information.
- Oversee billing and collections activities, ensuring adherence to internal controls and compliance with financial policies.
- Collaborate with cross-functional teams to streamline billing processes and improve collection strategies.
- Support the Finance Manager in developing annual budgets and forecasts, providing insightful analysis and recommendations.
- Monitor cash flow and working capital requirements, ensuring optimal liquidity for operations.
- Conduct variance analysis to identify discrepancies and propose corrective actions as necessary.
- Prepare detailed reports and presentations for management, highlighting financial performance and key metrics.
- Assist in the implementation of financial systems and technology to enhance reporting capabilities.
- Maintain up-to-date knowledge of financial regulations and ensure compliance in all financial operations.
- Manage relationships with external stakeholders, including auditors and regulatory bodies, ensuring smooth communication and compliance.

- Bachelor's degree in Finance, Accounting, or a related field; a Master's degree or professional certification (e.g., CPA, CMA) is a plus.
- Minimum of 3-5 years of experience in finance or accounting roles, preferably in a shared service or billing and collection environment.
- Strong understanding of financial principles, practices, and regulations.
- Proficient in financial software and Microsoft Office Suite, particularly Excel; experience with ERP systems is a plus.
- Exceptional analytical skills with a keen attention to detail and accuracy.
- Strong communication skills, both verbal and written, with the ability to present financial information clearly.
- Proven ability to work collaboratively in a team environment and manage multiple priorities under tight deadlines.
- Demonstrated problem-solving skills and a proactive approach to financial management.
- Fluency in English; knowledge of Arabic is an advantage.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties.

We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more.

Concentrating our resources has created 5 distinct specialist divisions:

• Banking & Finance
• Human Resources
• Oil & Gas
• Construction
• Architecture & Engineering