eFinancialCareers

• Company

  KPMG (Bahrain)

• Location

  Bahrain

• Remuneration

  Highly Competitive

• Position Type

  Employee

• Employment type

  Full time

• Updated

  02 Dec 2008

• eFC Ref no

  406441

Working with us in our Audit practice, you will have the potential to work with a wide range of high profile names, including listed companies and other mid-size firms in FS industry with focus on Islamic Financial Services

The Role

KPMG is one of the leading Audit practices in the Bahrain whose success and reputation depends upon the quality and integrity of our services - and our people. If you join our Audit team, you could benefit from increased amounts of training and education to keep you up to speed with current changes in audit regulation and accounting and auditing standards. We are looking for high-calibre people to join KPMG in Bahrain's Audit department. The audit department includes a significant number of clients in the Financial Services (FS) industry. Within audit, FS is one of the largest and most successful groups. Our market leading practice comprises clients in the Banking, Insurance and Investment Management industries amongst others.

We are based in the heart of one of GCC's most progressive and dynamic countries at Manama, Bahrain and have close ties with several industry groups - Central Bank of Bahrain (Supervision and Other Directorates), Accounting and Auditing Organization for Islamic Financial Institutions, who drafts and issues, financial accounting and reporting standards for Islamic Financial Institutions, Bahrain Insurance Association and others. The specialist areas within audit that are currently recruiting are:

|b/b|slamic financial services

KPMG has recently been named the Euro Money's Best Islamic Assurance Services Provider. In Bahrain, we are a Centre of Excellence in Islamic investment banking and have a wealth of expertise in the industry. In Bahrain, KPMG audits and advises among others, a number of Islamic investment banks, the AAOIFI and others in audit related services such as product structuring, IFRS and AAOIFI compliance, building and maintaining chart of accounts, selection of accounting policies and drafting accounting policy manuals etc.

Conventional banking - retail and wholesale

We audit a number of entities who have a significant presence in Bahrain, prominent among them being Citibank, HSBC, Standard Chartered, ICICI, and other multinational entities. Our conventional banking clients form the bedrock of our financial services audit clients.

Insurance

KPMG has focused on the insurance industry for over 30 years. Our global insurance practice covers 80 financial centres around the world. In Bahrain, we provide audit and financial advisory services to the leading insurers and are leaders in both the life and non-life markets. We audit a number of leading Islamic (Takaful and Re-takaful) Insurance service providers and conventional insurance companies in Bahrain and advise on industry specific reporting and compliance issues etc.

Investment Management

We have a market leading share of the audit and administration of Bahrain's investment funds, and our fund clients include hedge funds, mutual funds, investment trusts and private equity vehicles. We also work with many of the well known investment managers and investment administrators. Our range of clients vary from relatively small hedge fund / private equity start ups to some of the largest global investment managers and administrators, which are often part of global banking or insurance clients of KPMG, listed across the world.

The Responsibilities

We offer an exciting and challenging role, one that gives you new experiences and responsibilities while at the same time providing flexibility. Working with us in our Audit practice, you will have the potential to work with a wide range of high profile names, including listed companies and other mid-size firms in FS industry with focus on Islamic Financial Services. The mix of work may be adapted to fit your skills, experience and particular areas of interest. Our knowledge and understanding of FS and Islamic Banking has established us as one of the world's leading players in this area, so you can look forward to excellent opportunities for career development, training and secondments.

The Individual

• Qualified (ACA, ACCA, CPA or CA equivalent)

• All-round accounting and financial reporting knowledge in IFRS or US GAAP

• 5 to 7 years of post qualification experience in a Big 4, with over 2 years in a managerial capacity

• Proven leadership skills and experience in handling of listed and regulated FS entities

• Build a network within the office to ensure maximum utilization of available specialist skills and available talent

• Capable of preparing and presenting audit findings to Audit Committees and others involved in supervisory roles in internal control or to Board of Directors in clients

• Audit focus of banking, insurance or funds clients. Experience in Islamic financial services is a distinct advantage, although not essential

• Have good background for preparing proposals, carrying out sales pitches and cross selling of non audit services

• Strong communication and interpersonal skills are an absolute must

Additional Information/Qualifications

People have always been our business. We know that our success depends in no small way on your expertise, talent and skill. We have built a reputation for working with people to invest heavily in their training and career development. If you can take charge of your career, meet the targets and broaden your expertise, we will provide all the support and the opportunities to realise your full potential.