Assistant Finance Manager - Retail

Job description / Role

Purpose:
- To Develop and manage statistical reports for exceptional income and expenditure items. To Develop complex reporting, forecasting, trending & result analysis. To Ensure appropriateness of key assumptions included in financial plan & budgets.
- To Advise and provide financial consequences on any changes to the business strategies for the divisions.

Duties:
- Monitors performance against budgets and analyses material variances to detect the cause. Investigates such variance & performs corrective action accordingly
- Assess risk exposure and critical areas where it is high risk and develop procedures, controls to minimise / mitigate the risks
- Undertakes investigation and analysis when required to determine financial viability and impact on profit for various projects, to add value to Management decision-making.
- Monitors team activities to ensure adherence to Company policies, procedures and financial manuals.
- Stock take procedures, enhancement and moving to perpetual stock take system in Retail units.
- Provides advice and support to the Division Manager with regards to the Working Capital Management.
- Works with operational Managers to ensure an efficient and effective day-to-day flow of finance related transactions.
- Assists in strategic decision making in order to enhance value and meet stakeholder expectations in relation to the designated Division and its contribution to overall Company performance.
- Identify, study and develop IT solutions to improve the efficiency of finance department with respect to process efficiency, Internal control and best practice coordinating with IS Department
- Identify and evaluate the operational procedures on periodical intervals to minimize the business risk exposure and to achieve improved productivity
- Completion of Tax audits on time and get the tax clearance certificates periodically.
- Liaises with internal and external Auditors
- Reviews team performance on a monthly basis and monitors to ensure they meet KPI targets. Provides guidance and takes corrective performance measures when required to ensure that the team operates efficiently.
- Prepares and submits various daily, weekly, monthly and ad-hoc reports such as Management Accounts, quarterly review packs, budgets and plans, to the Division Managers and Group Financial Controller.
- Checks all reports prepared by staff for accuracy and ensures timely submission, providing content justification and explanation to Management when required.

Personal:
- Able To Supervise, Motivate, Coach And Performance Manage Staff Members
- Develop Good Relationships With Division Managers And Staff, And Communicate Effectively At All Levels
- Highly Numerate & Methodical, With Good Attention To Detail
- Analytical & Able To Conduct Thorough Investigations
- Preparation Of Meaningful And Accurate Reports

Requirements

- Qualified Accountant
- Fluency in spoken and written English (Arabic an advantage)
- Bahrain driving license
- Minimum of 4 years in a Management Accountant position
- Proven success in managing, developing & motivating staff
- Experience of supermarket / logistical operations desirable.
- Experience in evaluation of the feasibility of new projects and businesses

About the Company

Established in 1996, Clarendon Parker Bahrain is an International Recruitment Specialist Consultancy based in Bahrains Seef Business District. We specialise in mid to senior level professional, managerial, technical recruitment and staffing solutions in Bahrain and beyond. Our multinational team of consultants are experienced professionals within the fields they represent. Each consultant brings strong industry links and knowledge to better understand your business requirements. We know the market and we know our candidates!

Our team of dedicated consultants specialise in the following industries:

Accounting, Finance & Banking Logistics & Customer Service Secretarial & Administration Human Resources & Recruitment Engineering & Construction IT/Telecom Marketing & PR Oil and Gas

The current range of services includes permanent and temporary recruitment, recruitment advertising campaigns, employee satisfaction surveys, state-of-the-art web-based recruitment technology and HR consulting services relating to recruitment processes and activities.