JOB DESCRIPTION
Role:
Financial Accountant
Benefits:
Holiday Allowance, Paid Breaks, Staff
Discounts, Surfing time
Location:
Bahrain Surf Park, Bilaj Al Jazayer
Reporting to:
Finance Manager / Financial Controller
YOU ARE PART OF WHAT WE ARE AND WHAT WE DO
Our Vision at Bahrain Surf
Park is to bring surfing to the nation, and develop passion for health,
wellbeing and fun through Waves for All. We will attract visitors from all continents, growing Bahrain’s surf and
beach culture, and act as a catalyst to establish Bahrain not only as the
Premier Surf Destination of the Middle East, but as a leading destination for
fun - with Water, Waves and Surfing at our core.
We will create
smiles, happiness, and wellbeing through safe fun activities for all
backgrounds, abilities and generations, now and into the future.
OVERVIEW
AND PURPOSE OF YOUR ROLE
The Financial Accountant is responsible for maintaining accurate
accounting records, ensuring accurate financial statements and its related
schedules, managing reconciliations, ensuring VAT and IFRS compliance,
supporting audits, and providing financial analysis across all Bahrain Surf
Park operations.
Reporting directly to the Finance Manager, you will oversee the
full-cycle accounting process, maintain ledger integrity, control payables
and receivables, manage fixed asset accounting, and uphold robust internal
financial controls in full alignment with Kingdom of Bahrain tax regulations,
IFRS standards, and company policies.
ROLE RESPONSIBILITIES
General Ledger Management, Financial Statements & Month-End Closing
· General Ledger Integrity: Maintain,
post, and reconcile general ledger accounts and master accounting records for
all business operations.
· Financial Reporting: Prepare
comprehensive monthly, quarterly, and annual financial statements along with
all supporting schedules and management balance sheet breakdowns.
· Journal Entries & Adjustments: Prepare and record monthly journal entries, expense accruals,
prepayments, deferred costs, and depreciation charges.
· Financial Analysis: Provide detailed
financial analysis, ratio assessments, and expense trend reviews across all
park operating departments to support executive decision-making.
· Payables & Receivables Control: Actively monitor accounts payable aging schedules, vendor invoicing,
customer billings, and accounts receivable collections.
· Supplier Reconciliations: Perform
regular, detailed supplier statement reconciliations against ERP accounts
ledger balances, resolving vendor statement variances promptly.
· Payment Verification: Audit
incoming supplier invoices against purchase orders, receiving documentation,
and contract terms prior to payment scheduling.
· Fixed Asset Register Maintenance: Maintain and continuously update the official Fixed Asset Register
(FAR), tracking asset additions, disposals,
transfers, and capital project movements.
· Depreciation Schedules: Calculate and execute monthly
depreciation charges across all asset classes in accordance with company
accounting policies and IFRS guidelines.
· Physical Asset Audits: Coordinate periodic physical
inventory checks and tagging of fixed assets across park facilities to verify
asset existence and condition.
· Bahrain VAT Compliance: Ensure
full compliance with Kingdom of Bahrain Value Added Tax (VAT) laws, rules,
regulations, and reporting requirements.
· VAT Documentation & Filings: Maintain complete VAT documentation, calculate input/output tax
reconciliations, and prepare accurate VAT return submissions to the National
Bureau for Revenue (NBR).
· Tax Audit Readiness: Support tax
queries, NBR audits, and official regulatory tax inspections with complete,
verifiable documentation trails.
· Internal Control Enforcement: Maintain strong internal financial controls, approval thresholds, and
rigid segregation of duties across all accounting workflows.
· Governance & Policy Adherence: Ensure strict organizational compliance with company policies,
International Financial Reporting Standards (IFRS), and Bahrain local laws.
· Audit Coordination: Coordinate and
support internal and external auditors during annual audits, providing
required schedules, trial balances, and supporting audit evidence.
· Risk Identification & Process Improvement: Continuously identify operational financial risks, assess accounting
control gaps, and recommend workflow improvements to optimize operational
efficiency.
Required Qualification
ü Bachelor’s Degree in Accounting, Finance,
or Commerce (Required).
ü Professional accounting credential
preferred (ACCA, CPA, CMA, or CIMA).
ü Fluent in English; Arabic fluency is a
strong advantage.
Required
Experience
ü Minimum 3 to 5 years of professional core accounting
experience.
ü Experience within the hospitality, leisure, tourism,
or entertainment industries is highly preferred.
ü Proven background in general ledger maintenance,
fixed asset tracking, VAT filings, and IFRS financial statement preparation.
Required
Professional Skills and Attributes
ü Technical Software Proficiency: Advanced
Microsoft Excel (complex formulas, financial modeling, pivot tables) and
enterprise ERP accounting systems (Zoho Books/Finance preferred).
ü Accounting Standards: In-depth, practical
knowledge of IFRS standards and Kingdom of Bahrain VAT regulations.
ü Core Competencies: Acute attention to
detail, analytical thinking, high integrity, strict confidentiality, strong
communication skills, collaborative teamwork, and proactive problem-solving
abilities.
Required
Personal Qualities
ü Methodical, organized, and
detail-oriented approach to maintaining accounting accuracy.
ü High ethical standards,
discretion, and honesty when handling corporate financial records.
ü Strong interpersonal skills to
work effectively with departmental teams, auditors, and external tax
authorities.
ü Ability to manage tight
deadlines and perform under pressure during period-end closures.
KEY
PERFORMANCE INDICATORS (KPIS)
ü Financial Statement Timelines:
100% on-time delivery of monthly, quarterly, and annual financial statements
and supporting schedules.
ü VAT Compliance Accuracy: Zero
late filings or penalty notices from the National Bureau for Revenue (NBR).
ü Reconciliation Precision: 100%
completion of supplier and general ledger reconciliations within established
monthly closing windows.
ü Audit Compliance: Clean audit
reports with zero material control deficiencies or major adjustments
identified by internal/external auditors.
ü Fixed Asset Accuracy: Maintain 99%+ audit match accuracy on the Fixed
Asset Register during physical verifications.
HOW YOU DO IT:
Our Team Culture depends
on all our team pulling together, and competencies and behaviours matter. Through our performance appraisal process,
the Senior Management Team at Bahrain Surf Park is committed to supporting you
to behave and perform according to our values.
Waves for All:
We are inclusive in everything we do. We
nurture everyone from the complete novice to expert surfer and all in between.
We do this with equal respect for everyone, and without judgement. We champion diversity. We have integrity and are genuine. We do what we say we will do and do it in a
way that aligns with our values – every minute of every day. We deliver ‘Waves for all’ through positive
interactions with our guests and strive to get it right first time.
Bringing the
Aloha Spirit to Bahrain:
We love and respect
Hawaii - the birthplace of surfing - and we embrace their Aloha Spirit in
everything we do. Our positive work environment and culture embodies at its
core a unique, nurturing and compassionate essence which promotes kindness,
understanding & harmony among people, regardless of their background or
beliefs.
Vitality:
We support each other
because everyone matters. People are our
business, define who we are and what we are. We care. We work collaboratively as one team, sharing
ideas, knowledge and insight to achieve our common purpose. We have the
knowledge, skills, enthusiasm and passion to make a difference to everyone
around us. We do things ‘The BSP
Way’. We recruit with Attitude in Mind.
Our people-centric culture drives everything we do, and underpins the way our
guests feel about us, resulting in our ultimate business success.
We Strive for
Excellence:
We do everything to
the best of our ability and never accept second best. Our first priority is SAFETY. We are resourceful and create the best
possible experience for our guests and our BSP team. We look for new ways of doing things, embrace
change and overcome difficulties through Teamwork and open and honest
communication.
Creating Smiles:
Everything we do and
how we do it is about creating safe and memorable experiences for our guests.
We are a SMILE FACTORY! J Our
passion is to ensure everyone who visits Bahrain Surf Park has THE BEST
experience and shares the joy with their friends and family, and wants to
return again and again… and again…
Benefits and Perks
- Attractive remuneration package
with opportunity to grow
- An
amazing unique work environment a few meters from the beach
- Work
alongside a dynamic, qualified and multicultural team
- Opportunity
to use facilities and surf regularly
in state-of-the-art Wavegarden wavepool
- Share
the stoke & health benefits of surfing with an island nation
new to the sport
- Join
a new exciting growing industry
- Medical insurance, holiday allowance (as per
Bahraini Law)
- Staff discounts
- Performance
bonus
Skills Required
- Bachelor’s degree in Accounting, Finance, or Commerce
- Professional accounting credential such as ACCA, CPA, CMA, or CIMA
- Fluent English
- Arabic fluency
- 3 to 5 years of professional core accounting experience
- Experience in hospitality, leisure, tourism, or entertainment
- Experience with general ledger maintenance, fixed asset tracking, VAT filings, and IFRS financial statement preparation
- Advanced Microsoft Excel skills, including complex formulas, financial modeling, and pivot tables
- Experience with enterprise ERP accounting systems; Zoho Books/Finance preferred
- Practical knowledge of IFRS standards and Bahrain VAT regulations
- Strong attention to detail, analytical thinking, integrity, confidentiality, communication, teamwork, and problem-solving skills
What We Do
Bahrain Surf Park is a planned surf and leisure destination in Bilaj Aljazayer, Kingdom of Bahrain. Its Club Hawaii Experience is designed to provide waves for everyone, from beginners to seasoned professionals, alongside world-class dining, luxury cabanas, and exclusive shopping. The venue’s recruitment materials classify its business as a leisure attraction, positioning it as an integrated recreational and visitor-experience destination.
