Business Analyst - Finance for Bahrain

Posted last month
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VAM Systems is a Business Consulting, IT Solutions and Services company.

VAM Systems is currently looking for Business Analyst - Finance for our Bahrain operations with the following skillsets & terms and conditions:

Academic Qualification

• Master's Degree (Finance)

Professional Qualification


6-8 years work experience in banking/ financial services / Big 4 audit firm

Strong academic background (CA/CFA – multiple degrees


• 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.


• Data Access and Reporting

• Data Modelling

• Presentation Preparation

• Written Communications

• Verbal Communications

• Interpersonal Flexibility

Domain : Bank

Terms and conditions

Joining time frame: (15 - 30 days)

The selected candidates shall join VAM Systems - Bahrain and shall be deputed to one of the leading Banks in Bahrain.

Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at

Job offer details
Contract types
Permanent contract
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