Assitant Vice President, Specialist, Financial Control, Finance

Business Function

Job Purpose

Key Responsibilities And Functions Might Include

General Ledger Balance Substantiation:

• Managing the process of reconciling all balance sheet and off-balance sheet items to independent verifiable sources
• Manage governance and reporting process on certifying of GLAO (General Ledger Account Ownership) month-end balances
• Ensuring system controls are in place to maintain data quality and efficiency in financial reporting
• Investigating and monitoring differences and escalating unresolved items in accordance with the GL Account Ownership policy
• Assessing the recoverability of asset balances and monitoring the validity of payables and accruals
• Escalating long outstanding unreconciled balances to GLAO
  

Quality Assurance Review

Key Aspects Of QA Reviews Include

• Perform QA reviews on both regular monthly reviews and thematic reviews and issue reports
• Develop and implement rectification and follow-up plan for QA review outcome that do not meet satisfactory criteria
  

Risk Controls Assessment

• Conducting Risk & Control Self-Assessment (RCSA) to identify key risks and assess the effectiveness of internal controls for Finance Department. This includes assessing the risk of financial misstatement
• Performing control effectiveness assessments independently and provide assurance to CFO on the effectiveness of the controls
  

Financial Control & Automation

• Reviewing exception and control reports for control accounts to ensure proper management of inter-system or inter-business unit postings
• Assessing and documenting controls for new products or services to mitigate potential risks
• Ensuring automation of financial reports by preparing User Story / perform UAT
  

Requirements

• Minimum 8 to 9 years’ experience in Financial Reporting / Controls
• Good working knowledge of MS-Excel and Powerpoint
• Automation and Reengineering of processes
  

Education / Preferred Qualifications

• CA with post-qualification experience in banks / NBFCs / Finance GCC
  

Core Competencies

• Accuracy and timeliness in reporting
• Control mindset
• Eye for detail
• Good in communication (verbal and written) and Interpersonal Skills
• Strong Team player
• Ability to meet tight deadlines and handle tough situations
  

Technical Competencies

• Good knowledge of Banking Products, Accounting Standards, etc
• Advanced working knowledge of MS-Excel and MS Office
  

Primary Location

Job

Schedule

Job Type

Job Posting