Associate Vice President - Treasury Product Controller

Maseera; United Arab Emirates; On-site; AED 600,000 - 900,000; Full time

Job summary

Maseera in the United Arab Emirates seeks an Associate Vice President - Treasury Product Controller to own daily P&L, assess accounting for treasury products, and drive controls. You will collaborate with Treasury Front Office, Risk, and Financial Control to ensure accurate reporting and IFRS compliance.

This role combines technical accounting with leadership in a dynamic bank environment. A CFA would be advantageous; CA/CPA/ACCA is required; strong stakeholder management and system experience

Qualifications

• CA/ACCA/CPA or equivalent professional qualification.
• Strong experience in Treasury Finance and Product Control within banking or finance.
• Solid IFRS knowledge and fair value concepts.
• Hands-on P&L analysis and valuation review experience.
• Experience with Treasury and Finance systems.

Responsibilities

• Own the daily P&L for treasury products and provide commentary.
• Analyse valuation movements and identify drivers of trading income.
• Oversee balance sheet substantiation and reconciliations across ledgers.
• Support accounting treatment of FX, fixed income, money market and derivatives.
• Contribute to IFRS implementation and regulatory reporting readiness.
• Lead month-end and quarter-end close processes for Treasury.
• Participate in new product approvals with accounting and control input.
• Develop dashboards and management reporting for treasury leadership.

Skills

Treasury Finance

P&L Analysis

IFRS & Controls

Stakeholder Management

Treasury Systems

Education

CA/CPA/ACCA

CFA (advantage)

Job description

Associate Vice President - Treasury Product Controller

• Own the daily P&L: Review and validate Treasury P&L, investigate significant movements and provide clear commentary on performance and market-driven impacts.
• Understand the numbers: Analyse valuation movements, trading income drivers and unusual transactions, escalating exceptions where required.
• Keep the balance sheet strong: Oversee Treasury balance sheet substantiation and reconciliations, resolving breaks across source systems, sub-ledgers and the General Ledger.
• Get the accounting right: Support the accounting treatment of Treasury products across FX, fixed income investments, money market instruments, derivatives and hedging transactions.
• Stay ahead of IFRS: Support the implementation of new IFRS and accounting requirements impacting Treasury activities.
• Own the close: Review month-end and quarter-end Treasury financial reporting and ensure accurate and timely submissions.
• Shape new products: Participate in new Treasury product approvals, assessing accounting, financial reporting and control implications and providing Finance input where required.
• Drive smarter systems: Support ERP, FIS and Treasury system enhancements that improve controls, reporting and operational efficiency.
• Strengthen our controls: Maintain Treasury Product Control SOPs, process documentation and control checklists while strengthening maker-checker and financial control frameworks.
• Stay audit-ready: Support ICFR, Internal Audit and External Audit requirements while ensuring alignment with internal policies and regulatory expectations.
• Turn data into insight: Develop Treasury dashboards and management reporting to provide meaningful analysis to Treasury, the CFO, Finance Leadership and senior management.
• Be the Finance expert: Act as the Finance subject matter expert on Treasury accounting and Product Control, working closely with Treasury Front Office, Middle Office, Risk, Financial Control and Regulatory Reporting.

What do you bring?

• A professional accounting qualification such as CA, ACA, ACCA, CPA or equivalent.
• Strong experience across Treasury Finance, Product Control, Treasury Accounting or Financial Control within a bank or financial institution.
• Strong technical knowledge of Treasury products including FX, fixed income, money market instruments and derivatives.
• Sound understanding of IFRS accounting requirements and fair value concepts.
• Hands‑on experience in Treasury P&L analysis and valuation review.
• Strong experience in balance sheet substantiation and reconciliations.
• Experience working with Treasury and Finance systems.
• Good understanding of banking regulatory requirements and financial control environments.
• Strong analytical and problem‑solving skills with excellent attention to detail.
• The confidence to challenge constructively while maintaining independent financial control oversight.
• Strong stakeholder management, communication and presentation skills.
• A continuous improvement mindset with the ability to identify smarter and more efficient ways of working.
• CFA qualification or progress towards CFA would be an advantage.