Associate Vice President - Treasury Product Controller

Rakbank; United Arab Emirates; Vor Ort; AED 350.000 - 700.000; Vollzeit

Zusammenfassung

Rakbank is seeking a senior Treasury Finance professional to lead financial control across FX, fixed income and money market activities in the UAE. You’ll own P&L commentary, IFRS accuracy and year-end close, while partnering with Front Office, Risk and Regulatory Reporting.

In this role you’ll drive system enhancements (ERP, FIS) and strengthen controls, ensuring timely management reporting and robust financial governance for one of our dynamic treasury desks.

Qualifikationen

• Professional accounting qualification such as CA, ACA, ACCA, CPA or equivalent.
• Experience across Treasury Finance, Product Control, Treasury Accounting or Financial Control within a bank or financial institution.
• Strong knowledge of IFRS accounting requirements and fair value concepts.
• Hands-on experience in Treasury P&L analysis and valuation review.
• Experience working with Treasury and Finance systems.
• Good understanding of banking regulatory requirements and financial control environments.
• Strong analytical and problem-solving skills with attention to detail.
• CFA qualification or progress towards CFA would be an advantage.

Aufgaben

• 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.

Kenntnisse

Treasury Finance

Product Control

Treasury Accounting

Financial Control

Ausbildung

CA/ACA/ACCA/CPA or equivalent

Tools

ERP

FIS

Treasury systems

Jobbeschreibung

• 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.

Job Description

What’s the role?

• 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.

Why Rakbank?

• At Rakbank, you’ll be at the heart of the relationship between Finance, Treasury and Risk, providing the financial control and independent insight that help us make better decisions.


• You’ll have the opportunity to strengthen controls, support new Treasury products, improve systems and influence how we manage and report one of the Bank’s most dynamic businesses.


• Your expertise. Your judgement. Your impact.