Senior Accountant

Translated
On-site Full Time 1-Click Apply
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Job Details

A company with a Chocolate & Confectionary Factory based In Hidd |  Full-time, On-site

JOB PURPOSE

To ensure accurate, timely and compliant financial records and reporting for the factory, and to provide cost and margin insights that help management control costs, protect profitability and make sound decisions.

KEY RESPONSIBILITIES

Financial Accounting and Reporting

•     Maintain the general ledger and ensure all transactions are recorded accurately and on time

•     Prepare monthly, quarterly and annual financial statements in line with IFRS

•     Lead the month-end and year-end close, including accruals, prepayments, provisions and reconciliations

•     Reconcile bank accounts and control accounts

•     Prepare management reports, KPIs and variance commentary for senior management

Cost Accounting and Production Finance

•     Build and maintain product costing covering raw materials, packaging, labour and overheads

•     Analyse standard vs actual costs and report on material usage, yield, wastage and production variances

•     Track factory overheads, utilities and maintenance costs

•     Support pricing and margin analysis for new products, private-label quotations and large orders

Inventory Accounting and Control

•     Oversee accounting for raw materials, packaging, work-in-progress and finished goods

•     Plan and supervise stock counts, and investigate and resolve discrepancies

•     Review inventory valuation, slow-moving and expired stock, and related provisions

Payables and Receivables

•     Review supplier invoices against purchase orders and goods receipts (three-way matching)

•     Manage payment schedules, supplier reconciliations and import-related payments

•     Monitor customer receivables, ageing and credit limits, and support collections

Tax and Compliance

•     Prepare and file VAT returns with the NBR at the 10% standard rate

•     Keep VAT and accounting records for the period required by NBR regulations (currently 10 years)

•     Ensure compliance with Bahraini statutory and reporting requirements

Budgeting and Fixed Assets

•     Assist in preparing annual budgets and rolling forecasts, and explain variances against actuals

•     Maintain the fixed asset register, depreciation schedules and capital expenditure records

Audit, Controls and Team

•     Prepare schedules and documentation for external auditors and respond to audit queries

•     Strengthen internal controls and improve accounting processes and ERP workflows

•     Supervise and train junior accounting staff, and work closely with procurement, warehouse, production and sales teams

REQUIREMENTS

•     Bachelor's degree in Accounting, Finance or a related field

•     Professional certification (CPA, ACCA, CMA, CA or equivalent) strongly preferred

•     5–7 years of accounting experience, including at least 3 years in manufacturing, preferably food, FMCG or confectionery

•     Strong knowledge of IFRS, cost accounting and inventory control

•     Working knowledge of Bahrain VAT and NBR filing procedures

•     Experience with an ERP system (SAP, Oracle, Odoo, Microsoft Dynamics or similar) and advanced Excel

•     Strong analytical skills, attention to detail and the ability to meet month-end and audit deadlines

•     Excellent English; Arabic is an advantage

WORKING CONDITIONS

·        On-site.

·        Saturday to Thursday.

·        Working hours: 8AM- 16:30PM

WHAT WE OFFER

•     Minimum 30 days' annual leave

•     Social insurance and end-of-service benefits as per Bahraini law

•     Air ticket and other benefits as per company policy

•     A stable role in a growing local manufacturer, with professional development opportunities

•     The salary will be discussed after the job interview.

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