Our client is one of the leading banks in the Kingdom of Bahrain and MENA, which was established over 20 years ago. They are currently looking for a Business Analyst – Finance to be based in Bahrain. This position will be on secondment to the bank for a period of one year with a possibility of a further extension.

Responsibilities:
• Prepare MIS reports as per standard reporting formats with detailed breakdown of actual results of the period with comparison to budget and previous periods. Perform analysis of variances of current period vs. Budget and actual giving detailed breakdown of the variance by line and explanations vs. actual and budget.
• Prepare Yield, Cost of Fund and Net Financing Margin reports at a product, business unit and entity level reconciled to the reported financial statements.
• Prepare detailed schedules for key P&L and Balance Sheet lines for actual, budget and previous period numbers.
• Perform detailed analysis on variances vs. actual and budget on key P&L and Balance Sheet lines to explain the variance at a business unit, product and entity level.
• Analyse Fund Transfer Pricing (FTP) charges & credits at a product and business unit level for arriving at product and business level profitability.
• Prepare detailed analysis of operating expenses by department and business unit and perform comparisons vs. budget and previous period.
• Prepare ALCO /GALCO and Business unit reporting packs for circulation to the business heads and different committees.
• Support Team members on adhoc activities and other requirements as necessary.
• Investigate finance related core system issues and perform other ad hoc financial analysis.

Requirements

Ideal candidate will have 5-7 years of experience in MIS preferably with a Banking background.
• Master’s degree in Finance or related field.
• Must be a Chartered Accountant (CA)
• Professional qualification required: A / CPA / ACCI.