Assistant Vice President, Financial Reporting & Controls - Noor Bank

Job Purpose


Financial Accounting and reporting with appropriate level of technical accounting expertise, contributing effectively to the robustness of the Finance function and the bank’s overall controls framework.


Key Responsibilities


  • Responsibility to ensure appropriateness of Financial accounting and reporting of the Bank’s transactions and balances in the General Ledger, Trial Balance and Financial statements.

  • Expertise from a Technical accounting standpoint

  • Ensuring robustness of Financial controls and related processes to enhance reliability of financial information of the bank

  • Primary responsibility to ensure adherence to the Bank’s Financial Accounting policy at all times. To review and refresh policy regularly as stipulated.

  • Quarterly Reporting and Benchmarking- Leading the quarterly / HY and annual reporting requirements such as HY / annual accounts / Investor decks, etc. Regular competitor benchmarking as required.

  • Liaison with auditors (external, internal and regulatory)

  • On-going Improvements – Continuously review current processes to find better ways of working. Focus on automation to increase time spent on review and analytics. Support and initiate the offshoring and automation initiatives and be the point liaison between onshore and offshore teams to ensure a smooth flow. The role remains the owner and will be responsible for all outputs delivered by the offshore team and will be constantly monitoring and handholding wherever required the offshore team

  • Ad-Hoc Reporting – Provide support to VP, Performance Management and CFO in any ad-hoc reporting requirements.

  • Close coordination with the broader finance team to develop better product and business understanding to build stronger bench strength and reduce individual dependencies while enhancing process reliance

  • Engage and partner with senior stakeholders as required on an ongoing basis.

 


Decision Making/Authority/Complexity of judgement


  • BAU decision making on Financial Accounting and Reporting aspects and areas of responsibility and accountability.

 


Key Stakeholders – Internal and External


  • Sr. Management of the Bank, Business/Functional heads and their teams

  • Auditors – Internal, External and regulatory regulators

Job Details

Posted Date: 2018-10-01
Job Location: Dubai, United Arab Emirates
Job Role: Banking
Company Industry: Banking; Accounting/Auditing; Financial Services

Preferred Candidate

Career Level: Mid Career


from Jobs in UAE | Bayt.com https://ift.tt/2RdLe8y

0 comments:

Post a Comment