Abrar Admin

Aljazira Bank | بنك الجزيرة

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 Role Purpose
 
 
 
 
 
 Own financial control over treasury activities. Ensure accurate accounting, valuation, reporting, and compliance for all treasury products, funding activities, and liquidity management in line with IFRS, internal policies, and regulatory requirements.
 
 
 
 
 
 Core Responsibilities
 
 
 
 
 
 
 1. Financial Control &amp; Accounting
 
 
 
 
 
 Oversee accounting for treasury instruments: loans, deposits, sukuk, bonds, derivatives, interbank placements.
 
 
 
 
 Ensure correct classification and measurement under IFRS 9 (AC, FVOCI, FVTPL).
 
 
 
 
 Review SPPI assessments and business model documentation for new products.
 
 
 
 
 Validate hedge accounting treatment where applicable.
 
 
 
 
 Ensure accurate amortization, EIR calculations, and accrual postings.
 
 
 
 
 
 
 
 2. Valuation &amp; P&amp;L Integrity
 
 
 
 
 
 Validate daily/periodic treasury valuations (MTM, yield curves, discounting models).
 
 
 
 
 Ensure completeness and accuracy of treasury P&amp;L, including realized/unrealized gains.
 
 
 
 
 Investigate P&amp;L movements and explain variances.
 
 
 
 
 
 
 
 3. Liquidity &amp; Funding Reporting
 
 
 
 
 
 Oversee reporting of liquidity ratios (LCR, NSFR).
 
 
 
 
 Ensure alignment of treasury balances with regulatory reporting to Saudi Central Bank.
 
 
 
 
 Validate funding cost allocation and transfer pricing (FTP).
 
 
 
 
 Monitor liquidity gaps and funding structures from a financial reporting perspective.
 
 
 
 
 
 
 
 
 
 4. Controls &amp; Governance
 
 
 
 
 
 Establish and maintain strong controls over treasury processes (front-to-back reconciliation).
 
 
 
 
 Collaborate with TROPs in reviewing deal capture, confirmations, settlements, and reconciliations.
 
 
 
 
 Own control framework over treasury systems and data integrity.
 
 
 
 
 
 
 
 5. Financial Reporting
 
 
 
 
 
 Ensure treasury-related disclosures comply with IFRS 7 and IAS 32.
 
 
 
 
 Prepare notes on financial instruments, risk exposures, fair value, and sensitivities.
 
 
 
 
 Support month-end, quarter-end, and year-end closing activities.
 
 
 
 
 
 
 
 6. Regulatory &amp; Audit Interface
 
 
 
 
 
 Act as primary contact for treasury-related regulatory reporting and inspections.
 
 
 
 
 Support internal and external audits with required documentation and explanations.
 
 
 
 
 Ensure compliance with internal policies and regulatory expectations.
 
 
 
 
 
 
 
 7. Business Partnering
 
 
 
 
 
 Provide financial insights to Treasury on funding strategies, pricing, and profitability.
 
 
 
 
 Challenge assumptions on new treasury products from an accounting and control perspective.
 
 
 
 
 Support strategic initiatives related to liquidity optimization and balance sheet management.
 
 
 
 
 
 Key Deliverables
 
 
 
 
 
 Accurate treasury financial statements and disclosures
 
 
 
 
 Reliable P&amp;L and valuation reports
 
 
 
 
 Regulatory-compliant liquidity reporting
 
 
 
 
 Fully controlled treasury accounting environment
 
 
 
 
 Automated and efficient reporting processes
 
 
 
 
 
 Qualifications
 
 
 
 
 
 Bachelor&rsquo;s degree in Finance, Accounting, or related field master degree is a plus
 
 
 
 
 Professional certification: CPA / ACCA / CA preferred
 
 
 
 
 Strong knowledge of IFRS (especially IFRS 9, IFRS 7, IAS 32)
 
 
 
 
 
 Experience
 
 
 
 
 
 3&ndash;8 years in banking finance or treasury finance
 
 
 
 
 Strong exposure to treasury products, derivatives, and liquidity management
 
 
 
 
 Experience in financial control or product control within a bank
 
 
 
 
 
 
 
 
 Core Competencies
 
 
 
 
 
 Financial control and governance
 
 
 
 
 Analytical and problem-solving capability
 
 
 
 
 High attention to detail
 
 
 
 
 Stakeholder management across Finance and Treasury
 
 
 
 
 Regulatory awareness and compliance discipline
 
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Treasury Financial Controller

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 Description
 
 
 Act as the strategic IT partner for support functions (Finance, HR, Procurement), leading enterprise applications with a focus on ERP systems (e.g., Oracle EBS) to drive efficiency, integration, and business alignment.
 
 
 
 Key Responsibilities:
 
 
 <ul>
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 Partner with Finance, HR, and Procurement leadership to align IT initiatives with business objectives
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 Lead and manage ERP systems (Oracle EBS or similar), including enhancements, optimization, and support
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 Translate business needs into scalable and effective technology solutions
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 Deliver ERP and support function initiatives within scope, timeline, and budget
 </li>
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 Oversee vendor performance and ensure service quality
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 Ensure system stability, data integrity, integration, and compliance
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 Drive governance, performance tracking, and continuous improvement
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 </ul>
 
 
 Requirements
 
 
 <ul>
 <li>
 10+ years of experience in IT, with strong exposure to ERP / enterprise applications
 </li>
 <li>
 6+ years in a senior leadership role
 </li>
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 Proven experience with Oracle EBS or similar ERP systems
 </li>
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 Solid understanding of Finance, HR, and Procurement processes
 </li>
 <li>
 Strong stakeholder management and vendor management capabilities
 </li>
 </ul>
 
 
 
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Information Technology Business Relationship

Join Aljazira Bank | بنك الجزيرة and explore 2   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Aljazira Bank | بنك الجزيرة

About Company

Treasury Financial Controller

Information Technology Business Relationship