Senior Accountant [Bahrain]

 

Position: Senior Accountant

Location: Bahrain

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Hours: Full Time

Years of Experience: At least 10 years

Education: Degree in Accounting or any related Finance courses

Must be: CA/Member of ICAI, ACCA or CPA

Travel: Yes

Relocation: No

Work Timings: 4:00pm to 1:00am / Monday to Friday

Apply directly at: avanacompanies.bamboohr.com/jobs

Winning Aspiration

Preserve wealth and generate income for our investors by providing loans with speed and certainty of execution to help entrepreneurs thrive.

Job Summary

We believe our families are the most important people in our lives. We believe that our work should speak for itself, and we believe that everyone should be given a chance to succeed and grow. We also believe there is no substitute for hard work and that when we falter, we get up and do it again. We come to work with one singular goal and that is to create jobs and provide clean energy in America. We believe in talking less and executing as per our client’s timeline. Do you see yourself thriving in an entrepreneurial culture and spending time with disciplined business warriors? If so, then we invite you to read on.

We are an AI driven small business lending and investment platform company that has an immediate full-time opportunity for a detail oriented professional to actively manage the bank accounts and transactions for our international, multi-entity organization. Come join our mission and make your mark with our outstanding people.

About AVANA Companies

AVANA Companies is an AI Investment and Lending platform focused on small businesses in America along with regulated CUSO, Asset Management Firm and a FDIC Bank. Together with our growing mix of accredited investors, family offices, and institutional investors, we provide financing for permanent real estate mortgage loans under the United States SBA program, construction loans, traditional secured loans, small balance unsecured loans and bridge loans. At AVANA Companies, we specialize in lending to specific niche industries that we’re highly knowledgeable in, such as hospitality, elderly care facilities, and healthcare facilities, because it enables us to provide the best possible service for our borrowers and minimize risk for our investors.

Our company has launched two platforms recently - a small business lending platform (LendThrive™) that will drive online originations for small balance lending on working capital, equipment, inventory and accounts receivable. Our second platform (EqualSeat™) is to provide access to retail investors to co-invest with institutional investors in SME loans.

Duties and Responsibilities

• Responsible for applying accounting principles and procedures to analyse financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures; and will specifically perform and be responsible for accounting functions in the lending lines of business and bank acquisition.
• Actively supports AVANA Companies month-end closing as well as the internal and external reporting processes relating to tax and loan accounting and as assigned by direct superior or management.
• Perform loan fundings, loan payoff tasks as assigned and ad hoc GL analysis and reporting as necessary.
• Prepare loan and tax supporting information for the related disclosures in the Corporation’s Regulatory and SEC Reports.
• Maintains the tax model schedule up to date to ensure conformity with GAAP.
• Prepare and review (a) schedules and analyses related to portfolio and earnings of investors/CU; (b) supporting information to quarterly investor materials, (c) Board Packages, SEC and Call Report schedules as assigned.
• Prepares daily/weekly/monthly/quarterly reconciliations as assigned.
• Monthly variance analysis review. Review account activity and transactions, and provide in-depth analysis as requested to ensure accuracy of GL, which will support accurate and timely financial reporting.
• Works collaboratively with other departments throughout the monthly credit review process and annual audits.
• Assists in preparing supporting documents for financial/accounting reports.
• Calculates capital account balances for investors, including management and performance fees.
• Collaborate with the team in the creation of new procedures/controls, management reports, dashboards that will be helpful in decision making policies to continuously improve the efficiencies of accounting processes and standardize documentations.

Required Education and Qualification

• At least 10 years total experience
• Bachelor’s degree in Accounting or any Finance related courses
• MUST BE a Chartered Accountant, ACCA, CPA

• Prior experience in a similar role is preferable
• Possesses a strong knowledge of fund operations, including valuation, accounting, and payment procedures
• Well versed in the MS Office suite.
• Possesses excellent interpersonal and communication skills.
• Independent and able to take initiative

• Ability to work in a fast-paced and multi-national environment
• Ability to multi-task, solve problems and think quickly
• Strong attention to details, highly organized and ability to notice data discrepancies in documents
• Fluent in both written and verbal English

Desired Characteristics

• Positive and professional attitude
• Self-motivated
• Able to work in multi-nationality and fast paced environment.
• Trustworthy
• Flexible

Salary commensurate with experience. All candidates will be required to provide detailed salary history and references.

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