BMMI, through its subsidiary, Alosra supermarket, is looking to recruit a capable and independent AAssistant Finance Manager to provide a comprehensive range of financial services., The successful candidate will ensurering that the cCompany’s financial policies are implemented and that its activities are controlled, with the aim of enhancing performance and aiding decision-making. The AFM will also be responsible for and co-ordinating withthe IInformation Systems (IS) system department to ensure for optimum utilisation of IT resources, as well as for within the companies policies and procedures and by continuously evaluating the adequacy of the procedureprocedures in order with the changing scenarios in the assigned unit to minimise the business risks on various fronts.
Responsibilities:
Monitorings performance against budgets and analyses analysing material variances to detect the the cause. Investigatinges such variance & performs corrective action accordingly
Assessing risk exposure and critical/ areas where it is high risk areas. and developDeveloping procedures and, controls to minimise / mitigate the risks
Undertakinges investigation and analysis when required to determine financial viability and impact on profit for various projects, to in order to add value to mManagement’s decision-making.
Monitoring ts team activities to ensure adherence to Company company policies, procedures and financial manuals, as well as the BMMI Code of Business Conduct.
Stock take procedures and their, enhancement. and Mmoving to perpetual stock take system in rRetail & the Food Processing Unit (FPU) units.
Providinges advice and support to the Division Manager with regards to theregarding wWorking cCapital mManagement.
Working s with operational mManagers to ensure an efficient and effective day-to-day flow of finance related transactions.
Assisting s in strategic decision making in order to enhance value and meet stakeholder expectations in relation to the designated dDivision and its contribution to overall company Company performance.
Identifying, studying and developing IT solutions to improve the efficiency of the finance department with respect to process efficiency, iInternal control and best practice, while co co-ordinating with the IS Department.
Identifying and evaluatinge the operational procedures on periodical intervals to minimise the business risk exposure and to achieve improved productivity
Completingon of tTax audits on time and get getting the tax clearance certificates periodically
Liaisinges with internal and external aAuditors
Monitoring and rReviewings team performance on a monthly basis and monitors to to ensure they meet KPI targets. Providinges guidance and takinges corrective performance measures when required to ensure that the team operates efficiently.
Preparinges and submitsubmittings various daily, weekly, monthly and ad hoc reports such as mManagement aAccounts, quarterly review packs, budgets and plans, for to the dDivision mManagers and the Group’s Financial Controller.
Checkings all reports prepared by staff for accuracy and ensuringes timely submission, providing content justification and explanation to mManagement when required.
Contributinges to new business development initiatives in several areas including due diligence, strategy formulation and legal and financial structuring.
Job Details
| Date Posted: | 2016-05-23 |
| Job Location: | Manama, Bahrain |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Retail/Wholesale |
Preferred Candidate
| Career Level: | Management |
| Degree: | Bachelor's degree |
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