Assistant Manager Group Consolidation Central Account Corporate Affairs

Mashreqbank PSC; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent banking institution in the United Arab Emirates is seeking a qualified accountant to assist in financial reporting and GL maintenance. The ideal candidate will have 2-3 years of experience in accounting and management reporting, alongside proficiency in computer applications. Knowledge of banking systems is an advantage. Responsibilities include preparing accurate financial data and assisting in audits. This position offers an opportunity to grow within the financial sector.

Qualifications

• 2-3 years of work experience in Accounting & Management reporting.
• Strong knowledge of various financial products.

Responsibilities

• Assist in preparation, collection and consolidation of financial data for reporting.
• Responsible for GL maintenance activities and accounting records.
• Prepare information for rating agencies and manage regulatory surveys.

Skills

Qualified Accountant

Proficiency in computer application software

Knowledge of Banking system

Job description

Responsibilities

1. Assist in preparation, collection and consolidation of data for all Mashreq Bank entities to produce timely and accurate monthly, quarterly, half yearly and annual Group Accounts & MIS in line with International Financial Reporting Standards (IFRS).
2. Assist in preparing & providing information to external auditors and UAE Central Bank examiners for smooth accomplishment of their respective functions.
3. Responsible for GL maintenance activities like GLs, product, cost center, project codes etc.
4. Perform Head Office accounting functions including maintenance of all accounting records pertaining to Head Office branch and related arrangements & recording of income from other sources etc.
5. Responsible for opening set up of new G/L Accounts in Flexcube and ERP.
6. Assist in monthly flash and quarterly financial reports for senior management, incorporating comprehensive analysis of variances and comparative industry performance.
7. Record Head Office income from others sources such as Management Fee, interest, Commission and other miscellaneous income etc.
8. Assist in Preparation of information for rating agencies, central bank, and managing surveys for regulators and statistical departments.
9. Review audit engagement letters and invoices for correctness and arrange this to be signed. Also arrange approvals and/or payments for Overseas Consultancy Audit activities.

Qualifications

• The incumbent should be a Qualified Accountant with 2/3 years of work experience in the field of Accounting & Management reporting having reasonable knowledge of various products being offered.
• Proficiency in computer application software is required.
• Knowledge of Banking system would be added advantage.