Financial Reporting Lead

  • Competitive
  • Abu Dhabi, United Arab Emirates
  • Permanent, Full time
  • Abu Dhabi Commercial Bank
  • 24 Nov 17 2017-11-24

To develop, manage and implement all financial reporting and accounting related matters within the bank in order to ensure alignment and compliance with external standards and internal policies and procedures. Minimum Experience :- At least 7 years of experience in accounting and the preparation of financial statements of banks. Minimum Qualifications :- Bachelor’s Degree in Finance or Accounting Professional Qualifications :- Chartered Accountant or other equivalent qualification

Financial Accounting and Reporting :- Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with IFRS/other applicable regulations on a monthly, quarterly and annual basis to ensure that financial reports are delivered to internal and external stakeholders in a timely and accurate manner.

Analysis and Budget Preparation :- Provide timely and robust financial analysis to support business decision-making and assist with the preparation of budgets and forecast in order to facilitate the delivery of the bank’s budget in an accurate and timely manner.

General Ledger (GL) Review :- Review the GL to provide reasonable assurance that the debits and credits are valid, accurate and complete. In addition, verify that transactions are appropriate and that they are compliant with all finance related policies and regulations.

Merger and Acquisition/Restructuring Support and Funds Accounting :- Responsible for special accounting and book keeping of merger and acquisition and restructuring deals and supervises the maintenance of proper fund accounting records and reporting as required to comply with the accounting and regulatory requirements and to provide support to internal stakeholders on their accounting requirements/support.

Risk Management :- Review and develop effective and robust financial policies and control procedures and ensure internal controls and systems are effective and efficient to minimise the risk of misreporting.

Relationship Management :- Develop and maintain effective communication and positive working relationships with the internal and external stakeholders.

People Management :- Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance.

Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximise overall performance, engagement and motivation.

Policies, Processes, Systems and Procedures :- Recommend and implement improvements to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation.

Continuous Improvement :- Identify opportunities to contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment.

Customer Service :- Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions.