Associate - Finance (Emirati Talent)

Emirates Investment Bank pjsc; Dubai; On-site; AED 78,000 - 112,000; Full time

Job summary

Emirates Investment Bank PJSC (EIBank) in Dubai invites applicants for a full-time trainee accounting role as part of its Emiratisation program. The role focuses on supporting the preparation of financial statements under IFRS, month-end close, and regulatory reporting while gaining international qualifications.

Fresher or with less than 1 year of experience, with a bachelor’s degree in accounting, finance, or a related field. Basic IFRS knowledge is required.

Qualifications

• Fresher or with less than 1 year experience.
• Bachelor’s degree in accounting, Finance, or related field.
• Basic knowledge of IFRS and financial statement preparation.

Responsibilities

• Assist in preparing the Bank’s financial statements in line with IFRS and GAAP.
• Perform daily reconciliations of accounts and transactions.
• Support month-end and year-end closing activities.
• Assist in regulatory and management reporting with accurate schedules.

Education

Bachelor's degree in accounting, Finance, or related field

Job description

Emirates Investment Bank PJSC (EIBank) is an independent onshore private bank based in Dubai, United Arab Emirates, offering a wide range of banking and investment services to a select group of clients, supporting them through every stage of their wealth journey.

Established in 1976 by prominent UAE business families, EIBank offers bespoke solutions across the full range of wealth management services, from asset management and access to global markets to advisory services.

EIBank is a relationship driven bank, focused on building long-term partnerships. Our flexible and consultative approach enables us to offer customized products and solutions through innovative advice and services.

EIBank is listed on the Dubai Financial Market since 2005 and its shareholder base is composed of highly respected UAE business families and private investors from the local community.

Job Purpose:

Our Emiratisation initiatives aim to develop future leaders by nurturing skilled and competent banking professionals. We focus on identifying, attracting, and mentoring top Emirati talent to elevate their careers.

We are excited and committed to support the Ethraa program and UAE Central Bank’s objective to encourage talented Emirati graduates to join the banking sector.

At Emirates Investment Bank, we are looking to hire across various critical functions of the bank to start with us in a full-time employment, with an opportunity to get enrolled for training program at the Emirates Institute of Finance. This 6-month program equips and empowers the next generation of specialised bankers with a structured learning journey, international qualifications, hands‑on projects, and ongoing coaching and mentoring. On completion of this program, you will continue working with the Bank in your full-time employment role.

The programme consists of three phases:

Foundation Phase: Covers fundamental Banking knowledge.

Specialisation Phase: Focuses on training relevant to Finance domain. This phase also includes mentoring, coaching support, and skill enhancement training.

Certification Phase: Involves obtaining international professional certifications.

Key Accountabilities:

The purpose of this role is to ensure the support in preparation of the Bank’s financial statements in accordance with IFRS and generally accepted accounting principles.

Financial Accounting and Reporting

• Prepare basic financial schedules and internal reports.
• Support month‑end and year‑end closing activities
• Help analyse financial trends under senior supervision.

Accounting and Reconciliation

• Perform daily reconciliations of accounts and transactions
• Identify and report discrepancies to senior finance staff.

Reporting

• Support the Regulatory Reporting team in preparing and submitting accurate and timely statutory returns to the UAE Central Bank.
• Support the management reporting team in preparing and submitting accurate reports to the senior management.
• Support the financial reporting team in preparing accurate schedules for the financial statements.

Other Responsibilities

• Participate in training programs offered by the bank.
• Stay updated on UAE Central Bank regulations

Qualification & Experience:

• Fresher or with less than 1 year experience.
• Bachelor’s degree in accounting, Finance, or related field required.
• Basic knowledge of IFRS and financial statement preparation.