Home Bahrain Accountant/ Finance - Freight Forwarding & Logistics

Home Bahrain Accountant/ Finance - Freight Forwarding & Logistics

Accountant/ Finance - Freight Forwarding & Logistics

Full time at a Laimoon Verified Company in Bahrain
Posted on February 15, 2025

Job details

Key Responsibilities:

  1. Financial Management:
  • Oversee and manage day-to-day accounting functions, including AP, AR, payroll, and general ledger.
  • Prepare accurate financial statements, profit-and-loss reports, balance sheets, and cash flow statements.
  • Conduct financial forecasting, budgeting, and variance analysis.
  1. Logistics & Freight Forwarding Accounting:
  • Manage cost accounting related to freight, warehousing, and transportation.
  • Reconcile freight payables and receivables with accuracy.
  • Monitor shipping invoices, demurrage fees, and customs clearance costs.
  1. Compliance & Auditing:
  • Ensure compliance with UAE VAT laws and other financial regulations.
  • Prepare and coordinate audits, both internal and external.
  • Maintain accurate and up-to-date financial records in alignment with international accounting standards (IAS/IFRS).
  1. Team Leadership & Development:
  • Supervise a team of accountants and finance assistants, ensuring timely and efficient task completion.
  • Mentor and train team members in best financial practices and new systems.
  1. Strategic Financial Planning:
  • Provide insights and recommendations to senior management for financial decision-making.
  • Analyze financial performance and provide actionable strategies for cost reduction and profit maximization.
  1. ERP Systems Management:
  • Implement and manage ERP systems for logistics and financial operations.
  • Work with IT and logistics teams to integrate financial data with operational systems.
Qualifications & Skills:
  1. Education:
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Professional certifications such as ACCA, CMA, CPA, or CA are preferred.
  1. Experience:
  • 5-7 years of experience in finance and accounting, with at least 3 years in the logistics or freight forwarding industry.
  • Familiarity with international trade regulations, Incoterms, and customs processes.
  1. Technical Skills:
  • Proficiency in accounting software such as SAP, Oracle, or QuickBooks.
  • Advanced Excel skills for financial modeling and data analysis.
  • Knowledge of ERP systems, preferably specific to logistics.
  1. Soft Skills:
  • Strong leadership and team management abilities.
  • Excellent communication and interpersonal skills.
  • High level of analytical thinking and problem-solving skills.
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