DGM – Finance

Description

Urgent Hiring in Bahrain

DGM – Finance
(Deputy General Manager for Finance)

Qualifications & Experience:

– CA (Chartered Accountant)
– aged 40 – 55 years.
– 15+ years proven experience in financial planning, forecasting, reporting, and cost accounting.
– GCC experience mandatory.
– Strong knowledge of Accounting Standards.
– Hands-on experience with SAP and BI tools for reporting and analysis.
– Strong background in revenue recognition, financial statements review, and compliance.
– Excellent leadership, communication, and analytical skills.
– Experience working in family business and Distribution network

Key Responsibilities:
1. Financial Planning & Forecasting
– Develop and maintain comprehensive financial forecasts, including revenue and cost projections monthly.
– Responsible for monthly project forecast development and updates, ensuring accuracy and alignment with business objectives.
– Analyze financial performance against forecasts and budgets to provide actionable insights.
– Develop Cost models to support investment and budgeting decisions.
2. Financial Reporting & Revenue Recognition
– Review monthly financial statements to ensure accuracy and compliance.
– Support and monitor revenue recognition processes in line with accounting standards.
– Generate financial reports and dashboards for management decision-making.
3. Cash Flow, Cost & Risk Management
– Oversee cash flow planning and working capital forecasting to ensure smooth financial operations.
– Monitor inflows and outflows to support business continuity and capital allocation strategies.
Identify and assess financial risks, develop mitigation strategies, and ensure adherence to governance frameworks.
– Drive cost control initiatives and ensure compliance with Standards.
– Support development of risk appetite frameworks and ensure compliance with governance policies.
4. Strategic Investment
– Conduct feasibility studies and new investments for the Board of Directors, including ROI analysis and financial viability assessments.
– Assist in evaluating joint portfolios and provide strategic recommendations for portfolio optimization.
5. Family Accounts & Shareholder Value Analyst
– Management of family shareholdings within the company.
– Monitoring and reporting of returns driven by company growth.
– Analyze and report on the financial performance of the company
Monitoring and reporting of returns driven by company growth.
– Analyze and report on the financial performance of the company to determine returns generated.
– Prepare periodic statements and insights highlighting how business growth translates into shareholder value and long-term returns.
– Evaluate and propose strategic options to increase the value of family shareholdings, reinvestment of dividends, participation in new share issuances, or other growth initiatives.
– Provide recommendations that align with both financial objectives and long-term family interests.
6. Audit Support
– Coordinate with internal and external auditors by providing accurate backup, reconciliations, and required reports.
7. Leadership & Team Management
– Lead and mentor the finance team, delegating responsibilities effectively and fostering professional growth.
– Promote a collaborative culture within the finance department and across other business functions.
8. Technology & BI Reporting
– Utilize SAP systems for financial reporting, data extraction, and process automation.
– Develop and maintain Business Intelligence (BI) reports and dashboards to support business decisions.
– Continuously identify opportunities to enhance financial processes through technology and data analytics.
9. Additional Responsibilities
– Perform additional financial and analytical duties as required to support the company’s strategic objectives.

Salary: 2500-3500BHD

Interested candidates can submit their CV to bahrainfreejob@gmail.com