Associate - Financial Planning and Analysis

Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 120,000 - 240,000; Full time

Job summary

Abu Dhabi Islamic Bank in Abu Dhabi is seeking an Associate - Financial Planning and Analysis to support management reporting for the bank and subsidiaries.

The role covers monthly GL/BO mapping, reconciliation, budgeting, variance analysis, and preparation of key reports such as Customer Profitability and FTE/headcount. You will collaborate with GCFO and assist in GAAP adjustments and annual budget processes.

Qualifications

• Bachelor's or Master's in accounting/finance.
• Knowledge of bank financials and product profitability.
• Proficient in MS Excel, Word, PowerPoint and BI tools.
• Strong leadership and influencing skills.
• Team player with collaborative approach.
• Good judgment and ability to seek assistance when needed.

Responsibilities

• Reconciliation of GLs and BO monthly.
• Updating international mapping.
• Assist in circulation of monthly business units and support areas expense reports with variance to budget.
• Preparation & circulation of reports: Customer Profitability, Head count and FTE reports, Expense reviews, Market Premium, ALOC reports.
• Assisting Monthly update & upload GAAP adjustment in OFSAA.
• Assist in annual budget process and reforecast for ADIB group (OOE, Premises, head count, and FTE).
• Tracking expenses budget at cost center and GL level; ensure expenses align with budget.
• Prepare monthly expense summaries and presentations for GCFO with variance explanations.
• Any other tasks as assigned by line manager.

Skills

Excel

Word

PowerPoint

Banking knowledge

Team player

Leadership

Analytical thinking

Decision making

Education

Bachelor/Master's in accounting/finance

Tools

Business Objects

MS Excel

MS Word

MS PowerPoint

Job description

Job description

Role : Associate - Financial Planning and Analysis
Location : Abu Dhabi
Role Purpose:
The purpose of the job is to help with the preparation & analysis of management reports for the bank and subsidiaries.
Key Accountabilities of the role
Mapping & Manual GLs upload at customer level in BO database on a monthly basis.

1. Reconciliation of GLs and BO on a monthly basis.

   
   

2. Updating international mapping.

   
   

3. Assist in circulation of monthly business units and support areas expense reports with variance to budget.

   
   

4. Preparation & circulation of following reports on timely basis:

   
   

• Customer Profitability.

  
  

• Head count and FTE reports.

  
  

• Expense reviews

  
  

• Market Premium

  
  

• ALOC reports

  
  

1. Assisting Monthly update & upload GAAP adjustment in OFSAA.

   
   

2. Assist in annual budgetprocess and reforecast exercise for ADIB group specially OOE, Premises, head count and FTE compilation.

   
   

3. Assisting in Tracking the expenses budget at cost center and GL level. Ensure expenses booked are in line with budget and there are no overruns.

   
   

4. Assisting Prepare monthly expenses summaries, presentation for GCFO for various groups along with variance explanation.

   
   

5. Any other job specified by the line manager.
   

   
   

Specialist Skills / Technical Knowledge Required for this role:

• Bachelors / Masters in accounting/finance.

  
  

• Knowledge of Bank financials / Bank product profitability is a plus.

  
  

• Working knowledge of computer skills (MS Excel, MS word, MS PowerPoint, Business objects etc).

  
  

• Sound leadership and influencing skills.

  
  

• A team player.

  
  

• Good sense of when to seek assistance, when to reply on own judgment.