Job
Description
The role involves managing the full finance function for Mashreq Bank’s Gift City branch, from Mashreq Global Network (MGN) and workplace location is Mumbai at the MB India Branch. Key Responsibilities Include The Following Regulatory reporting to the IFSC authority, Local Accounting closure and financial reporting Overseeing vendor payments, Preparing reports for global consolidation and CBUAE, and MIS, Ensuring tax compliance for Mashreq Bank’s India operations. The role also provides support to the Mumbai branch in monitoring vendor payments and tax compliance for the bank’s operations in India Regulatory Compliance and Reporting: Ensure accurate and timely submission of all regulatory reports to the IFSC authority, maintaining full compliance with regulatory requirements. Efficient Vendor Payments Management: Streamline vendor payment processes, ensuring timely and accurate disbursements to vendors, while adhering to internal policies. Local Global Financial Consolidation: Support the preparation and submission of comprehensive financial reports for global consolidation, ensuring accuracy and alignment with the head office's requirements. Preparing comprehensive financial reports as per IFSC guidelines and applicable accounting guidelines. CBUAE Reporting: Meet all regulatory reporting requirements for the Central Bank of the UAE (CBUAE) ensuring compliance with guidelines and international banking standards. MIS Reporting: Deliver accurate and insightful Management Information (MIS) reports to senior management, enabling data-driven decision-making. Tax Compliance: Ensure full tax compliance for Mashreq Bank’s India operations, managing timely tax filings and adherence to local tax regulations. Operational Support for Mumbai Branch: Provide consistent financial support to the Mumbai branch, particularly in managing vendor payments and ensuring tax compliance for smooth operations. These areas will ensure the proper functioning of the finance operations and compliance across the Gift City branch and the broader Mashreq Bank India operations. Regulatory Knowledge: Understanding of IFSC, and local tax laws in India. Financial Management: Expertise in financial reporting, global consolidation, and vendor payment management. Accounting & Auditing: Knowledge of accounting principles and audit procedures. Analytical Skills: Strong ability to analyze financial data and resolve issues. Technology Proficiency: Familiarity with financial software (e.g., SAP, Oracle) and advanced Excel. Communication Skills: Clear communication with internal teams, vendors, and regulatory bodies. Project Management: Ability to manage multiple tasks and improve financial processes. Attention to Detail: High accuracy in financial reporting and compliance. Teamwork: Strong collaboration skills to work with cross-functional teams. Experience : 5 years’ experience in Finance function mainly in financial and regulatory reporting The leading financial institution in MENA While more than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. We actively contribute to the community through responsible banking in our mission to inspire more people to Rise. Show more Show less
