Finance Manager

Location : Dubai
Post Date :

Description :

The Role

  • To deliver financial results and establish Financial Policy, accounting Assurance and Capital Management framework.
  • To ensure high standards of Corporate Governance and transparency through timely financial reporting and regulatory compliance.
  • To proactively manage financial controls by creating awareness, develop minimum control standards and enhancing the Financial Control environment.
  • To instigate a culture of account ownership, reconciliation and financial rigor with regular follow-up and timely escalation
  • To ensure strong service oriented culture across the department through training, development, communication and achieve superior service delivery within agreed turnaround time.
  • The job holder is required to lead finance activities encompassing all regulatory and statutory reporting requirements, application of accounting standards, monitor regulatory compliance and management of general ledgers.
  • The job holder is responsible for the operations, control and maintenance of the accounting & financial reporting systems and processes for the entity, for the preparation and accuracy of its financial reports and for comprehensive analysis of financial performance.
  • Financial Accounting & Reporting and Regulatory Compliance
    • Maintain Bank's financial records through issuance of procedures and policies which define day to day accounting and requirements
    • Prepare and issue quarterly, semi-annual and annual financial statements in accordance with accounting standards
    • Compile and issue all Central Bank returns within timeframes specified by UAE Regulatory authorities
    • Lead the application and implementation of technology solutions for the Financial Accounting, reporting and control functions
    • Ensure all latest regulatory financial reporting standards are adhered to
    • Ensure Group's delivery on regulatory & disclosure requirements of Basel
  • Financial Policy
    • Serve as the focal point on accounting and anticipate accounting and reporting rule changes being considered by International Accounting Standards setting bodies / regulators and assess the potential business implications of the same
    • Ensure all transactions are correctly accounted for as per applicable IFRS
    • Lead, support and guide in the process of applying relevant standards for any new products / programs
    • Develop banking industry relationships and promote a culture of regular meetings, discussions with industry experts on common issues and provide guidance, feedback as necessary
  • Financial Control
    • Lead the development and maintenance of unified chart of accounts
    • Liaison with external, internal, Central Bank and Government auditors and examiners
    • Liaison with finance functions of the Bank's subsidiaries.
    • Comply with Group's Financial Control policies
    • Monitor Financial Controls exceptions and take corrective action to maintain an effective Financial Control environment

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Dubai

Dubai International Financial Centre (DIFC)
Gate Village 1, Level 1
Dubai
Phone : +971 (0) 4 382 6700

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