وصف الوظيفة
Role Overview
Finance Associate at Zain Group's fintech subsidiary Bede, located in Bahrain. Bede is Zain Bahrain's fintech arm offering Bahrain's first Shariah-compliant Islamic financing app, licensed and regulated by the Central Bank of Bahrain.
Company Overview
Bede is a dynamic startup fintech company and subsidiary of Zain Bahrain, revolutionizing personal finance through digital innovation. The platform is Shariah-compliant, committed to customer centricity, strategic partnerships, and creating inclusive solutions tailored to real customer needs. Bede operates as a licensed and regulated entity under the Central Bank of Bahrain.
Role Purpose
The Finance Associate supports the day-to-day financial operations of Bede, contributing across reporting, compliance, budgeting, and process improvement. The role ensures accurate financial management and compliance with IFRS, Shariah standards, and Central Bank of Bahrain regulatory requirements while collaborating with internal departments, external vendors, regulators, auditors, and banking partners in a fast-paced fintech environment.
Key Responsibilities
Finance Operations
- Maintain accurate and up-to-date accounting records within the ERP system.
- Support daily finance operations including accounts payable, receivable, bank reconciliations, journal entries, and general ledger activities.
- Verify supplier invoices for accuracy, completeness, and compliance with contractual and regulatory requirements.
- Track and follow up on supplier payments to ensure timely settlement and resolution of discrepancies.
- Coordinate with internal stakeholders to ensure proper documentation and approval of transactions.
- Finalize month-end and quarter/year-end closing activities to ensure timely and accurate reporting.
- Prepare monthly schedules for prepayments, advances, payables to suppliers, and accruals.
- Contribute to the improvement and documentation of finance processes and internal controls.
- Ensure compliance with IFRS, Shariah standards, and applicable Central Bank of Bahrain regulatory requirements.
- Provide support to internal and external auditors by preparing required documentation, schedules, and explanations.
Reporting, Forecasting & Budgeting
- Assist in the preparation of monthly, quarterly, and annual budgets and forecasts in coordination with relevant departments.
- Support the development and updating of financial forecasts based on actual performance and business assumptions.
- Assist with budget versus actual variance analysis and support the preparation of explanations for significant deviations.
- Coordinate with internal stakeholders to collect inputs and validate assumptions for budgeting and forecasting.
- Prepare periodic financial presentations for management and board meetings.
- Assist with management reporting and ad-hoc financial analysis as required.
Cross-Functional Support & Continuous Improvement
- Support cross-functional initiatives by providing timely financial information and operational assistance when required.
- Assist with ad-hoc finance tasks and special projects as assigned.
- Participate in continuous improvement initiatives to enhance efficiency, accuracy, and control within the finance function.
- Perform any other tasks as requested.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or a relevant field.
- 0-2 years of experience in finance operations.
- Good knowledge of accounting principles and practices.
- Understanding of financial reporting frameworks including IFRS and Central Bank of Bahrain regulations.
- Familiarity with regulatory and compliance requirements including Shariah principles within a regulated financial environment is an advantage.
- Prior exposure in a Big 4 audit firm or a multinational financial institution is preferred.
- Professional qualifications such as ACCA, CPA, CMA, or CFA are preferred.
Skills & Competencies
- Sound knowledge of accounting principles and financial operations.
- Understanding of IFRS, Shariah standards, and Central Bank of Bahrain regulations.
- Proficiency in ERP systems, preferably Oracle or equivalent enterprise ERP systems.
- Strong analytical, organizational, and communication skills.
- Understanding of budgeting, forecasting, and variance analysis.
- Ability to analyze financial data and support management reporting.
- Capable of working independently and collaboratively across departments.
- Advanced proficiency in Microsoft Excel and Office applications.