Assistant Manager Financial Control

VAM Systems; Sharjah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial services company in Sharjah is seeking an Assistant Manager Financial Control to oversee GL management, support financial reporting, and improve control processes. Candidates should possess a bachelor's degree in finance or accounting and at least 5 years of experience in the banking sector. Responsibilities include ensuring compliance with internal controls, conducting reconciliations, and collaborating with IT for system enhancements. The role is full-time and requires excellent communication skills.

Qualifications

• Minimum of 5 years of post-degree experience in the banking industry.
• At least 3 years of experience in Financial Control and ICFR.

Responsibilities

• Perform periodic reviews and manage GL accounts.
• Conduct daily variance analysis for the trial balance.
• Lead internal control testing for financial reporting.
• Implement automation solutions for reconciliation.

Skills

Knowledge of finance and accounting concepts

Understanding of banking systems

Advanced MS Excel skills

Excellent verbal and written communication

Ability to work under pressure

Effective communication skills

Education

Bachelors degree in Finance, Accounting, Commerce

Professional qualification (e.g. CPA, ACCA, CA)

Tools

MS Excel

MS PowerPoint

MS Word

Job description

We are currently looking for Assistant Manager Financial Control for our UAE operations with the following Skill set and terms & conditions.

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 years of postdegree experience in the banking industry.
• Minimum of 3 years of Financial Control & ICFR Experience.

Specialist Skills required for the Job

• Good knowledge of finance and accounting concepts.
• Good Understanding of Banking systems and reconciliation framework.
• Ability to work under pressure with minimal supervision.
• Excellent verbal and written communication in English.
• 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

Main Responsibilities and Accountabilities

General Ledger (GL) Management & COA Maintenance

• Perform periodic reviews and assign ownership for GL accounts.
• Ensure completeness and quality submission for balance sheet substantiation.
• Support in maintaining the Chart of Accounts (COA) including GL and office account creation and maintenance

GL Substantiation & Reconciliations

• Conduct a daily variance analysis for the TB to identify anomalies misstatements or irregularities.
• Perform monthly quarterly and annual review GL reconciliations
• Ensure proper documentation and timely resolution of discrepancies.
• Coordinate with branches and units to enhance reconciliation processes in alignment with financial control policies.

ICFR Testing Compliance & RCSA Support

• Lead internal control testing for financial reporting monitor compliance with ICFR requirements assist in the annual Risk Control SelfAssessment (RCSA) to evaluate key risks and ensure regulatory and internal audit requirements are met.
• Identify and elevate financial risks and exceptions to management in a timely manner

Process Improvement & Automation

• Identify inefficiencies in financial control processes implement automation solutions for reconciliation and reporting and work with IT teams to enhance system controls and reduce manual interventions.

System implementation & support including interface review

• Assist in the implementation of new systems and upgrades.
• Work with IT and finance teams to ensure system configurations align with business needs
• Conduct regular reviews of system interfaces to ensure data accuracy and consistency.
• Troubleshoot system issues and coordinate with IT teams for resolution.

Joining time frame: 2 weeks (maximum 1 month)

Remote Work

No

Employment Type

Fulltime