Assistant Vice President - Internal Control & Accounting

Quest Oracle Community; Dubai; On-site; AED 320,000 - 520,000; Full time

Benefits offered by this job

Competitive compensation

Treasury exposure

Regional finance initiatives

Career progression

Job summary

Quest Oracle Community is seeking a qualified accountant to lead internal controls and accounting for treasury activities in the UAE. You will oversee FX/derivatives accounting, hedge accounting under IFRS 9, and ensure accurate GL postings across multiple entities.

The role involves driving process improvements, supporting regulatory and audit activities, and collaborating with regional finance teams on treasury initiatives and system enhancements.

Qualifications

• Qualified accountant with a professional credential (ACCA/ACA/CIMA or equivalent).
• Experience in financial control or product control within banking.
• Knowledge of treasury products (FX, derivatives) and hedge accounting.
• Strong IFRS knowledge, especially IFRS 9.
• Experience with financial systems (e.g. Oracle GL) is beneficial.
• Excellent stakeholder management and communication skills.

Responsibilities

• Support development of the internal controls framework across the region.
• Oversee accounting for treasury products including FX and derivatives.
• Manage hedge accounting processes and IFRS 9 implementation.
• Ensure accuracy of GL entries and financial reporting processes.
• Support regulatory and tax reporting across multiple entities.
• Assist with audit processes and financial statement preparation.
• Participate in new product reviews and assess accounting implications.
• Drive automation, process improvement, and system enhancements.

Skills

Treasury products knowledge

IFRS 9 knowledge

Financial controls

Stakeholder management

Education

ACCA/ACA/CIMA or equivalent

Tools

Oracle GL

Job description

• Exposure to treasury products and complex instruments
• High-impact role in controls and governance framework

About Our Client

A leading international bank with a strong presence across the Middle East. The organisation provides exposure to complex products and a dynamic finance environment.

Job Description

• Support development of the internal controls framework across the region
• Oversee accounting for treasury products including FX and derivatives
• Manage hedge accounting processes and IFRS 9 implementation
• Ensure accuracy of GL entries and financial reporting processes
• Support regulatory and tax reporting across multiple entities
• Assist with audit processes and financial statement preparation
• Participate in new product reviews and assess accounting implications
• Drive automation, process improvement, and system enhancements

The Successful Applicant

• Qualified accountant (ACCA, ACA, CIMA or equivalent)
• Experience in financial control or product control within banking
• Knowledge of treasury products (FX, derivatives, hedge accounting)
• Strong understanding of IFRS, particularly IFRS 9
• Experience with financial systems (e.g. Oracle GL) is beneficial
• Strong stakeholder management and communication skills

What's on Offer

• Competitive compensation and benefits
• Exposure to complex treasury and control environments
• Opportunity to work on regional finance initiatives
• Strong career progression in a technical finance role