Assistant Manager Financial Reporting - Emirati Talent

Job Purpose:

The purpose of this role is to ensure the accurate and timely preparation of the bank's financial statements in accordance with IFRS, conduct analysis to resolve discrepancies, and meet all reporting requirements. The role involves collaborating with other departments, supporting audits, monitoring regulatory compliance, and continuously improving financial reporting processes to support effective decision-making and maintaining the integrity of financial information.

Main Responsibilities and Accountabilities:

1. Preparation and review of the monthly consolidated and standalone financial statements in accordance with International Financial Reporting Standards (IFRS).
2. Conducting a daily analytical review process to identify and investigate material variances and unusual fluctuations in key balance sheet and P&L accounts.
3. Ensure compliance with internal controls, accounting policies, and statutory reporting requirements.
4. Manage and support the month-end and year-end closing processes for the Group ( the bank and the subsidiaries), ensuring all journal entries, accruals, and adjustments are recorded accurately and on time
5. Preparing ad hoc financial reports and analyses as requested by senior management
6. Ensuring timely delivery and high quality of all internal and external reporting requirements.
7. Coordinate with internal teams to gather financial information, review transactions, and ensure accuracy in reporting.
8. Assisting external auditors during the audit of the Bank’s consolidated financial statements.
9. Identifying opportunities to streamline financial reporting processes, enhance reporting accuracy, and implement best practices.
10. Assist with accounting for new products, ensuring accurate treatment and compliance with applicable accounting standards.
11. Work on core banking–related projects, providing accounting inputs and ensuring proper financial treatment of related activities.
12. Review the ECL (Expected Credit Loss) process and results, coordinating monthly with the Risk team to ensure accuracy and timely reporting

Education:

• Bachelors degree in Finance, Accounting, Commerce or another related field

Professional / Technical Qualifications / Diplomas:

• A professional qualification (e.g., CPA, ACCA, CA) is mandatory

Experience:

• Minimum of 5 to 7 years of post-degree experience in the banking or finance sector performing financial accounting and reporting activities.

Specialist Skills required for the Job:

• Strong knowledge of banking products and services
• Excellent understanding of International Financial Reporting Standards (IFRS).
• Excellent oral and written communication in English and Arabic
• Systems knowledge and an advanced level of expertise in MS Excel, PowerPoint, and Word.
• Attention to detail, accuracy, and ability to work under pressure and meet deadlines.
• Effective communication and interpersonal skills to collaborate with various stakeholders