Financial Reporting & Planning Manager

Bahrain

Ref: LP127-1448

Job description / Role

Employment: Full Time

Our client is a leading travel retail company. They are currently looking to recruit Financial Reporting & Planning Manager to be based in Bahrain

Duties & Responsibilities:
• The jobholder has responsibility for leading the financial reporting and planning activities within the finance function of the company.
• The jobholder will be expected to represent the company as appropriate and will need to be able to interact and communicate effectively with business partners, managers within the organization as well as meeting the reporting requirements and control standards of its shareholders.
• Responsible for the day to day management of the company Finance function.
• In tandem with Group Finance, ensuring preparation and reporting of monthly management accounts, KPI summaries, financial commentaries and business analysis to meet Group reporting deadlines, to support operational management and inform Board.
• Supporting management in the preparation and review of budgets and monthly/quarterly updates of forecast results.
• Preparation and reporting of rolling cash flow and profit forecasts.
• Support the MD in developing and implementing financial strategies, goals and projects to support the overall strategy for the business. Support the development of detailed financial projections reflecting the agreed strategy.
• Keep informed of financial developments across the business units by liaising with senior finance staff in other businesses.
• Provide up to date insight on all financial aspects of the business, its financial performance and related issues. Support the performance review process as required in consultation with the MD and COO.
• Support the company and regional management in the on-going review and updating of risk registers.
• Lead the company finance team in the annual audit process.
• Build and maintain relationships with internal and external auditors, overseas business unit FM's/GM's and key partner joint venture/associate company personnel.
• Ensuring compliance with relevant reporting standards and group accounting policies.
• In tandem with Group Finance, on-going input and interaction with management and business units in order to improve efficiency and reduce operating costs.
• Support the Business Development function in assessing potential new investment opportunities.
• Support the Business Implementation function in providing finance function and governance support when implementing new projects.
• Support existing business units on specific projects as required.
• Supporting Group Finance in ensure that use of business intelligence and financial reporting tools is maximised through ongoing review of capabilities and resources.
• Maintain and safe guard the assets of the business by ensuring that robust financial controls are documented, operating and in place for all financial processes within the business.

Requirements

• Qualified accountant with strong technical training and 5+ years PQE.
• Competent IT skills to support the current systems and enhance the business information process.
• Knowledge of Excel, Word and PowerPoint
• Min 5 years relevant work experience, preferably in Retail / FMCG environment
• Excellent communication skills.
• Culturally sensitive, team player and action orientated.
• Excellent analytical and numerical skills.
• Practical and commercially focussed with proven strategic planning experience
• Fluency in English & Arabic
• An understanding of industry, competitors and trends
• Ability to analyse financial data, to identify trends, risks etc
• Candidate must be based in Bahrain or GCC

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: