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      Client Administrator | Propel Consult

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      Employment: Full Time

      Purpose• To provide administrative and secretarial support to members of the Investor Relationship Management (IRM) team.Duties & ResponsibilitiesThe duties and responsibilities of this position will include, but are not limited to the following:• Support multiple IRM executives at the same time.• Arrange for meetings internally within the bank and externally with clients and other contacts.• Perform secretarial duties that include, but are not limited to:- Managing the calendar, preparing communications, and telephone reception- Preparing travel arrangements (e.g., flight and hotel reservations, visa applications, transportation, etc.) and file expense reports- Filing, document copying• Maintain information in the CRM and other system as requested by IRM team members, such as recording and updating client contact information, entering call notes for meetings with clients, updating client communication preferences and bank preferences etc.• Review of KYC requirements and support the KYC process for new and existing accounts, including:- Submission of documents in the KYC system- Communication with client for KYC and account opening documentation- Responding to KYC queries from clients, administrator or advisors- Review and certification of documents- Source of funds due diligence and research on new and existing clients in conjunction with RMs- Initiation of KYC review in compliance system- Obtaining approvals for third party incoming/external transfers in applicable systems- Monitor unverified payments and distributions and escalate to RM, where necessary, in processing the pending issues• Undertake special projects, as required.• Perform additional duties that may be assigned from time to time.

      • Experience working in the banking/financial/investment sector• Experience providing administrative and secretarial support to members of the Investor Relationship Management (IRM) team.• Experience in reviewing of KYC requirements and support the KYC process for new and existing accounts• Fluency in English – Arabic is plus• Good Communication skills• Must be based in Bahrain

      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:
      Banking & Finance
      Human Resources
      Oil & Gas
      Construction
      Architecture & Engineering More

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      Account Manager – Life Insurance | A Leading Insurance Group In Bahrain

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      Employment: Full Time

      • The Manager- Finance will oversee the full spectrum of financial and management accounting, including regulatory reporting for Bahrain National Life (BNL). The Manager Finance will have specific responsibilities related to Life and Medical insurance accounting apart from general accounting responsibilities.Accounting & MIS:• Responsible for preparation of management accounts and all related activities including the accurate recording of transactions, review of vouchers, payments, reconciliations with counterparties – brokers, reinsurers, policyholders, TPA banks.• To ensure timely monthly closing and transfers in the IIMS – Core system after due reconciliation.• To provide timely and insightful MIS, quarterly board reports apart from adhoc reports.• External and internal auditors – liaison, preparing data, supporting documents, preparing draft financial statements, finalization of accounts in a timely manner.Budget preparation:• Assist in the preparation of BNL budget, including assumptions based on past relationships, update all financial databases and charts required for preparing budgets and 3y business plans.Productivity:• Continually reviews processes and procedures for better operational efficiency; adequate controls and checks and balances, financial processes and controls and proactively raise management attention to act and resolve issues.• Update and maintain finance procedures in line with changes in internal process flows, authority levels, external changes- regulations, accounting principles.Financial Control:• Adequately reviews and controls expenditure within approved budgets. Alerts relevant departments of excessive deviation from budgets.Regulatory:• Ensure accurate and timely reporting and regulatory filing, including IFR, answering follow up queries.• Assist with the Group, with monthly VAT filing, documentation, reconciliation – as it relates to BNL.• Receivables Control & Treasury regularly communicate with counterparties and send account statements, prepare internal ageing schedules, maintain simplified model for provisions, follow up for payments – in coordination with business development/underwriting team. Prepare monthly cash forecasts to assist the Group Treasury to manage liquidity optimally.Actuarial/Risk:• Extract required actuarial data and interact with actuary for finalization of reserves as well as related actuarial reports.• Provide relevant risk reports for the use of Risk Management Dept.Other Key Projects:• Additional responsibilities and projects include• Transition to IFRS-17- dealing with external consultants, data extractionCore Insurance System:• Transition to new Core system – User Acceptance Testing for finance module, feedback on business requirements, use of Business Intelligence Tool for improved reportingDigital Transformation:• Assist with finance and accounting aspects of digital transformation, including UAT, process and controls.
      Salary:BHD 1,500 to 1,800 per month inclusive of fixed allowances.

      Knowledge and Experience:• Minimum of 8 years’ relevant experience in the (preferably in the life insurance industry) of which at least 3 years at a managerial level with full responsibility of producing financial statements.• Thorough knowledge of accounting standards, IFRS 4,9 and highly conversant with the new IFRS17 standards• Experience in Life and medical insurance with a primary insurer preferred.• Knowledge of group life/group credit insurance accounting is a requisite.• Additional knowledge of Individual Life and Savings Products is preferred.• Recognized graduate qualification in accounting/finance/commerce combined with a professional qualification in finance.• CA/CMA/CPA. Insurance certifications/ qualifications will be a plus.• Reasonable knowledge of legislation and regulations related to insurance.• Expert knowledge of operating insurance accounting software/systems.Personal Qualities:• Takes ownership of tasks and enthusiastic• Diligent and accurate• Work effectively in team environment.• Self-motivated and performance driven.• Confidentiality and tact in dealing with various departments

      A leading insurance group in Bahrain. More

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      Accounting Administrator | Green Gulf Careers

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      Employment: Full Time

      On behalf of our client, a multinational Management Consulting firm, we are looking for an Accounting Administrator.As Accounting Administrator, you will provide financial support and deliver expertise on travel and other business expenses while also fulfilling other accounting and analytical functions.• Checking and verifying staff expense reports• Proactively suggesting improvements to the expense policy if needed• Processing expense reimbursement as scheduled.• Handling all expense reimbursement queries from the bank in a timely and accurate manner.• Assessing the aging of deductions and plan for their application accordingly• Reconciling unpaid expense reports at month-end to the general ledger• Investigating unusual trends and outliers.

      • Bachelor Degree in Accounting or Finance• Minimum 3-4 years of relevant experience (preferably within a multinational environment)• Proficiency in English and MS Excel• Demonstrate attention to detail.• Show excellent customer service orientation.• Be well organized and able to set priorities.

      With a genuine understanding of what our Clients and Candidates need to succeed, Green Gulf Careers believe that honest and open relationships at every level are paramount to both our success and yours. We have a hugely diverse talent pool and we take the utmost care in matching them to our equally diverse Client base in order to achieve success at every level.
      Whilst partnering with organisations across the Gulf, whether it be a SME or a leading Multinational, our team has extensive industry experience and a strong understanding of both the economic trends and cultural business diversities in this region.
      When engaging with us, you will deal with a dedicated Consultant who has a strong knowledge of your industry and sector and who will take time to get to know you and your Individual or Company needs. We pride ourselves on our discreet, transparent and service focused approach and to that end, we will form a relationship based on a mutual respect which really assists us understand your requirements. Our experience in industry adds particular value to the recruitment process and whilst we recruit at all levels and disciplines, we offer the same exceptional service levels should you be recruiting a junior member of staff or at Company Director level. More

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      Sr. Audit Director Shared Services and Subsidiaries | Michael Page

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      Employment: Full Time

      Sr Internal Audit Director Shared Services & Local Subsidiaries – KSA National* To evaluate bank operations and provide objective assurance on the effectiveness and efficiency of operations, controls, governance, risk management and report accordingly to the Audit Head* Operates under the general direction of the Chief Internal Auditor. Exercises delegated authority within agreed business objectives, while consults Chief Internal Auditor for actions outside approved plans.Client DetailsMy client is one of the largest banks in the world with total assets of SR 384 billion (US$ 102 billion), a paid up capital of SR 25 billion (US$ 6.67 billion) and an employee base of over 9,600+ associates. With over 60 years of experience in banking and trading activities they have established a well known name for themselves and strive to the deliver the best services for their customers.With an established base in Riyadh, Saudi Arabia, my client has a vast network of over 546 branches, over 142 dedicated ladies branches, more than 5,190 ATM’s, 106,080 POS terminals installed with merchants and the largest customer base of any bank in the Kingdom, in addition to 232 remittance centers across the Kingdom.Description* Supporting CIA* Acquire Business Knowledge* Follow up implementation of Audit recommendations* Management and Communications* Anti-fraud preventionJob OfferSr Internal Audit Director Shared Services & Local Subsidiaries – KSA National / Financial ServicesCompetitive Salary Package

      Sr Internal Audit Director Shared Services & Local Subsidiaries – KSA National / Financial Services* 10+ years (at least 8 years internal or external audit experience at a bank or a recognized organization / audit firm* Strong leadership and interpersonal skills* Excellent presentation and data analysis skills* Excellent communication and presentation skills (verbal and written) in Arabic and English* Strong report writing skills* Accuracy and reliability of work* Excellent multi-task experience.* Strong team management skills

      Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
      The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
      Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
      The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide. More

    • 113 Shares189 Views

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      Business Development Manager – KSA National | Michael Page

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      Employment: Full Time

      Business Development Manager/ CCP / Sales / Riyadh / KSA NationalTo advice on the development and promotion of organizations’ products & services to the market stakeholders, in order to ensure superlative customer satisfactory levels, customer needs, and customer care for organizations’ Members within the Capital Market standards, regulations and approved policies.Client DetailsCCP / Financial Services / Sales / Riyadh / KSA NationalYoung CCP, owned by Saudi’s largest stock exchange. Part of the Vision2030 program.Description• Carry out daily operations assigned for the Department to comply with the Exchange’s standards• Prepare timely and accurate functional reports to meet the requirements, objectives and standards of the Department and the Exchange.• Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner• Advice and analyze market trends and customer needs to identify new business development opportunities to grow the organization business.• Advice Internal and external stakeholders for the development and launch of new enhancements to the market.• Guide dynamic business presentations and proposals for clients and internal communications.• Ensure feasibility studies, requirement documentation, project implementation, market research and benchmark for new initiatives are within best practice.• Suggest and look at the business development plans, design and implement processes to support business growth.• Recommend new market initiatives, assess new markets and business opportunities.• Guide business growth by working together with clients, regulators as well as business partners.• Recommend inputs on business strategies in industry and sales meetings.• Guide the sales team in new products and services launches.• Initiate market awareness plans in alignment with the Sales team to support the impact of the new products and services on the market efficiently and transparently.• Advice and update the company new products and services pricing on regular basis, based on Business needs.Job Offer• CCP / Sales / KSA National• Competitive salary package

      • A bachelor’s degree in Engineering, Financial, Business, Marketing, Administration Management, or equivalent is required• A Master of Business Administration degree (MBA) or equivalent is preferred• Strong Knowledge with clearing and capital market business.• Strong communication skills, both verbal and written.• Experience in sales, marketing, business development or related field.• Ability to manage complex initiatives and multi-task.• Excellent organizational and time management skills.• Ability to work with minimal guidance, be proactive, and handle uncertainty.• Proficient in Word, Excel, Outlook, and PowerPoint. Proven record of accomplishment of handling similar role.• 6+ years relevant experience in the financial industry with relevant work experience with at least 2 years of experience in a Managerial position

      Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
      The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
      Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
      The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide. More

    • 125 Shares109 Views

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      Business Analyst – Big4 – Saudi National | Michael Page

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      Employment: Full Time

      Business Analyst – Big4 – Riyadh, KSAWorking on rotation, analysing cases and providing solutionsClient DetailsBig4 – Riyadh, KSAA leading ConsultancyDescriptionBusiness Analyst – Big4 – Riyadh, KSA- Working on rotation, analyzing cases and providing solutions- Competitive Financial Package and a very exciting role.

      – Must be Saudi National- Must have very strong Academic background- Minimum GPA 3.2/4.0- Preferably western educated- Must have previous internship experience

      Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
      The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
      Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
      The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide. More

    • 63 Shares129 Views

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      Cryptocurrency Trader | Emirates Consortium

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      Employment: Full Time

      • The position will require some exposure to day trading of stocks and shares, and preference will be given to candidates who have traded cryptocurrency assets previously.• You will be expected to manage a significant portfolio of assets, cash and online trading accounts, and to follow markets, sites and apps that will generate potential trades, and be competent in following a pre-defined mandate of what types of trades to execute.• You will report to a private, single Client who will be your day to day manager, supported by a small Head Office team for back office functions.• You will be expected to report daily/weekly/monthly results, the profitability of the portfolio, and actively suggest improvements to the trading mandates.• Ideally, you will be able to analyze historical recommendations and build better recommendations based on results from the portfolio.• You will be expected to conform to the highest ethical standards and be renowned for being reliable, dependable and professional.• Confidentiality and tactfulness are essential to the role.

      Qualifications:Preference will be given to candidates with one or more of the following qualifications:• Finance related university degree• Accountancy qualification• CFA student or graduate• MBA student or graduateRemuneration:• 10-15k AED monthly salary, all inclusive, depending on background and experience.• Visa (obligatory that visa is provided by the Company)• Medical insurance (single status)• Annual airfare to home country (single status)• Discretionary annual bonus

      Emirates Consortium LLC (EmCon) is a dynamic, diversified investment holding company based in Abu Dhabi, capital of the UAE, with investments locally and globally. Founded in 2010, it has made quick and powerful steps to establish itself intelligently in a wide range of industries both in the local UAE market and Internationally, capitalizing on the best opportunities in all economies. Its subsidiaries and joint ventures are made up of companies in the Manufacturing/Industrial, Food and Beverage, Energy, Travel, Marine and Construction industries. This investment holding is supported by a professional team of executives recruited from various sectors around the globe to steer, guide and implement a world-class investment strategy to achieve not just short term goals but to create long term shareholder wealth and mutually profitable ventures with selected companies around the world. More

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      Senior Manager / Director, Shared Services Advisory | Ernst & Young

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      Employment: Full Time

      In Financial Accounting Advisory Services (FAAS) within Assurance, we assist our clients to address the accounting and financial reporting challenges facing their business. You will be part of a team that provides insight and services that accelerate analytics, decision-making and innovation to build a stronger and more efficient finance function. You will experience ongoing professional development through diverse experiences, world-class learning and individually tailored coaching.That is how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities.Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.The opportunityHaving the largest geographical footprint in the MENA region, EY is perfectly placed to help the multitude of government entities and businesses change their business models and support their evolving needs in the areas of finance and accounting. We’re looking for ambitious people to help drive and support this change while learning about the intricacies of dealing with diverse clients in a challenging yet rewarding environment.Your key responsibilities- As a Senior Manager / Director you’ll be responsible for leading and managing multiple pursuits and engagements focusing on design and implementation of the shared services function with emphasis on finance process across sectors and industries.- To this end you’ll ensure that the FAAS engagement team understands the client’s needs and expectations and that the work product is client-focused, clear, accurate and well-presented; ensure work is delivered timely and in compliance with regulatory requirements and monitor the FAAS engagement team’s performance against the budget, and alter if necessary.In addition identifying and communicating relevant trends, developments and key performance drivers relevant to the client will be essential as well consulting with appropriate resources on complex accounting issues and participating in sales of new FAAS work.

      Skills and attributes for success- Pro- activity, accountability and results- driven people will flourish in this environment.- Dealing with competing priorities, understanding how to manage resources and communicating effectively are key skills.- This will have a huge impact on those around you and help promote a positive work ethic.To qualify for the role you must have- Technical, hands-on experience in design and implementation of shared services including Process Assessment, Business case development, transition planning, people & organization management, processes, location analysis, talent assessment and technology automation- Demonstrated work experience in transition & change management in the finance function, with an ability to design and implement operating model of shared services construct.- Strong understanding of multifunction, next generation shared services centre and experienced in evolving conventional SSC to Global Business Service set up- Strong management skills to lead teams, delegate appropriately, mentor, review performance and counsel employees- Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices and new technologies- Flexibility and willingness to travel on short notice, as necessary- Exposure to Lean Six Sigma and Digital Technologies- Hands on understanding and experience of technology and automation tools being used in SSC including CRM, Process Automation, Case Manager, Service monitoring, ticketing, escalation management etc.Ideally you’ll also have- Experience in the Middle East & North Africa region with a Consulting backgroundWhat we look forWe are interested in entrepreneurs who have the confidence to develop and promote a brand new strategic vision both internally and externally. You will be business savvy with a passion for innovation as well as the motivation to create your own EY journey.What we offerWe offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:- Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.- Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.- Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.- Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.If you can demonstrate that you meet the criteria above, please contact us as soon as possible.The exceptional EY experience. It’s yours to build.EY Building a better working worldEY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

      EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
      EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available on our site.
      The MENA practice of EY has been operating in the region since 1923. For over 95 years, we have grown to over 7,500 people united across 21 offices and 16 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region More