eFinancialCareers

• Company

  KPMG (Bahrain)

• Location

  Bahrain

• Remuneration

  Highly Competitive

• Position Type

  Employee

• Employment type

  Full time

• Updated

  02 Dec 2008

• eFC Ref no

  406642

We seek candidates with strong leadership skills to head the Financial Services audit unit and manage a team of professional staff from diverse backgrounds. Should have experience in business development, staff training. Candidates with Big 4 and/or investment bank audit experience will have advantage.

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:

Islamic 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.

Profile - Senior Manager - Internal Audit Services - Bahrain

• Age - mid 30s to early 40s.

• Work experience - Big 4 (audit / internal audit) and / or commercial experience (minimum of 6-8 years banking/finance industry experience with at least 6 years of these gained while working in an audit environment, either within a public accounting firm "Big 4" or in an internal audit function in banking/finance)

• Qualifications - CPA/CA qualified and have a excellent understanding of audit fundamentals, including risk assessment.

• Skills set requirements - ability to drive risk assessment projects and perform risk based internal audits

• Industry exposure requirements - Investment banking operations (hedge funds experience an added advantage)

• We seek a candidate who is proactive in nature, aggressive, inquisitive, analytical, has excellent attention to detail and the ability to manage and develop a team of professional staff from diverse backgrounds.

• Confident & able to drive & manage initiatives & lead risk reviews. Able to analyse complex issues & situations with initiative to drive recommendations & solutions based on considered decisions

• Client focussed with superior levels of commitment & professionalism. Sound judgement, integrity & interpersonal skills with the ability to challenge, influence & inspire staff & management

• Exemplary communication & presentation skills. Ability to articulate & present concise facts in a well structured, targeted & impactfull manner