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Chief Accountant - Almoayed Ventures

Job in Manama, Bahrain
Listing for: Almoayedgeneral
Full Time position
Listed on 2026-01-29
Job specializations:
  • Accounting
    Accounting Manager, Financial Reporting
  • Finance & Banking
    Accounting Manager, Financial Reporting
Salary/Wage Range or Industry Benchmark: 17500 - 22500 BHD Yearly BHD 17500.00 22500.00 YEAR
Job Description & How to Apply Below

Chief Accountant with Cost Controlling experience for Retail and F&B Division at Almoayed Ventures.

Description

We are seeking an experienced and detail‑oriented Chief Accountant to lead the accounting function for our Retail and Food & Beverage division. This role is responsible for overseeing financial operations, ensuring accurate reporting, maintaining strong internal controls, and supporting business growth through sound financial management. The ideal candidate brings deep accounting expertise, hands‑on leadership, and a strong understanding of retail and F&B operations.

Key Responsibilities
  • Oversee all accounting activities for the Retail and F&B division, including general ledger, accounts payable/receivable, inventory accounting, and fixed assets
  • Prepare and review monthly, quarterly, and annual financial statements in accordance with applicable accounting standards
  • Ensure timely and accurate month‑end and year‑end closing processes
  • Manage budgeting, forecasting, and variance analysis; provide actionable financial insights to management
  • Monitor cash flow, cost controls, margins, and profitability across outlets and retail operations
  • Ensure compliance with tax regulations, statutory filings, and external audit requirements
  • Establish and maintain effective internal controls, policies, and accounting procedures
  • Supervise, mentor, and develop the accounting team
  • Collaborate closely with operations, procurement, and management to support strategic and operational decisions
  • Support system improvements and ERP/accounting software enhancements
Requirements
  • Experience in forecasting and cost controlling for F&B industry.
  • Bachelor’s degree in Accounting, Finance, or a related field (CPA, ACCA, CMA, or equivalent certification preferred).
  • Minimum 7–10 years of accounting experience, with at least 3–5 years in a senior or managerial role.
  • Proven experience in Retail and/or Food & Beverage accounting, including inventory and cost of sales management.
  • Strong knowledge of accounting standards, tax regulations, and financial reporting.
  • Advanced proficiency in accounting software and MS Excel; ERP system experience is a plus.
  • Excellent leadership, organizational, and analytical skills.
  • High attention to detail with the ability to meet tight deadlines.
  • Strong communication skills and the ability to work cross‑functionally.

Apply now and become a part of our dynamic team.

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