Assistant Manager - Tax & Financial Reporting, Sharjah

Sharjah Islamic Bank; Sharjah; On-site; AED 200,000 - 300,000; Full time

Job summary

A prominent financial institution in Sharjah is seeking an Assistant Manager for Tax & Financial Reporting. This role involves ensuring the integrity of financial reporting processes, preparing financial statements, and mentoring staff. The ideal candidate should have 8-10 years of relevant experience and demonstrate strong analytical and communication skills. Join a progressive banking environment that emphasizes compliance and excellence in financial practices.

Qualifications

• In-depth knowledge of accounting principles and financial regulations.
• Ability to analyze complex financial data and identify trends.
• Excellent communication to convey financial information clearly.

Responsibilities

• Prepare and review financial statements for compliance.
• Ensure timely submission of financial reports to authorities.
• Analyze financial data for trends and variances.

Skills

Technical Proficiency in accounting principles

Strong Analytical Skills

Excellent verbal and written communication skills

Leadership Abilities

Problem-Solving Skills

Time Management

Interpersonal Skills

Job description

Overview

Careers for a Changing World of Islamic Banking

Assistant Manager - Tax & Financial Reporting

Posted On 24 Oct, 2024

Type Permanent

Job Category Group Finance - Finance

Job Purpose

Will be responsible for ensuring the integrity and accuracy of the Bank's financial reporting processes. This role supports the timely preparation and analysis of financial statements, ensuring compliance with regulatory standards and accounting principles. This position aims to optimize reporting processes, mentor team members, and ensure adherence to best practices, ultimately strengthening the bank’s financial operations and reputation.

Key Accountabilities

• Prepare and review financial statements, ensuring compliance with relevant regulations and accounting standards.
• Ensure all financial reports meet regulatory requirements and are submitted on time to authorities.
• Analyze financial data to identify trends, variances, and potential areas for improvement.
• Work closely with various departments (e.g., accounting, treasury) to gather information and provide financial insights.
• Identify and implement process improvements in financial reporting to enhance efficiency and accuracy.
• Supervise and mentor junior staff, providing guidance on financial reporting practices and career development.
• Assist in internal and external audits by providing necessary documentation and explanations for financial data.
• Maintain and enhance financial reporting systems and tools to support reporting activities.
• Prepare special reports and analyses as requested by senior management.

Qualifications, Experiences & Technical Skills

• Technical Proficiency: In-depth knowledge of accounting principles, financial regulations, and reporting standards (e.g., GAAP, IFRS).
• Strong Analytical Skills: Ability to analyze complex financial data and identify trends or variances.
• Communication Skills: Excellent verbal and written communication skills to convey financial information clearly to stakeholders.
• Leadership Abilities: Capability to mentor and supervise junior staff, fostering a collaborative team environment.
• Problem-Solving Skills: Aptitude for identifying issues in reporting processes and proposing effective solutions.
• Time Management: Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Interpersonal Skills: Strong relationship-building skills to collaborate effectively with various departments.

Minimum Experience

8-10 years

Fields

External audit

About the Company

The revolutionizing from commercial banking to Islamic banking was a significant twist for the bank. Not only were specialized products & services modulated for customers, the banks entire organization was converted to be conventional to Islamic regulations. Now, SIB offers customers a broad range of Sharia'a compliant retail, corporate & investment services through the extensive UAE networks.