Overview
Accounting Advisory - Financial Instrument ECL - Senior Manager
Deloitte, established globally in 1845, is the world's largest and leading professional services firm, providing audit and assurance, tax, consulting, financial advisory, and risk advisory services to public and private clients spanning multiple industries. We are present in more than 150 countries, and as the world's largest management consulting business, Deloitte is distinct in its ability to help clients solve their most complex problems, from strategy to implementation.
Deloitte has a proud legacy in the Middle East region, with an uninterrupted presence since 1926, and is present across 23 offices in 15 countries with 7,000+ professionals in the Levant region and the wider GCC. We have served as trusted advisors for clients for almost 100 years and contributed to the advancements and growth of the professional services industry in the region.
We have received numerous awards in the last few years, such as Brand Finance's strongest and most valuable "commercial services" brand in the world for the 6th consecutive year (2024), the Great Place to Work and Best Workplaces in the UAE (2022-2023), the Great Place to Work and Best Workplaces in the KSA (2022-2023), "World's Most Attractive Employers" (2023), and the Middle East Tax Firm of the Year (2023). These awards are a recognition of how Deloitte makes an impact that matters to its clients, talent, and society.
We invest in outstanding people of diverse talents and backgrounds and empower them to achieve more than they could elsewhere. Our work combines advice with action and integrity. We believe that when our clients and society are stronger, so are we. Our organization has grown in scale and diversity, providing services across the region, with our shared culture remaining the same. We aim to help clients realize their ambitions, make a positive difference in society, and maximize the success of our people. This drive fuels the commitment and humanity that run deep through our every action.
Responsibilities
During your tenure as a Senior Manager in Accounting Advisory, you will demonstrate and develop your capabilities in the following areas:
- Identify, prepare, and participate in proposals for new clients and projects
- Be active in the marketplace and build relationships to grow the business
- Develop, maintain, and leverage internal contacts across Deloitte businesses
- Be a trusted advisor to public and private clients to assist with accounting and financial reporting matters
- Stay connected to market trends to think through future innovative solutions
- Manage credit risk processes, perform underwriting, credit analysis, and assign risk ratings (e.g., single and dual risk rating frameworks), write and review risk management policies and procedures, 1st and 2nd line of defense experience
- Develop, apply, and validate commercial and retail credit risk methodologies including obligor and facility risk rating (e.g., PD, LGD, EAD) models, pricing models, etc.
- Create and execute design and application of commercial and retail credit risk reporting and analytics in a financial services organization
- Possess knowledge of Allowance for Credit Losses, including methodology, models, under Expected Credit Losses (ECL) and knowledge of IFRS 9
- Select, implement, and/or use commercial and retail credit risk workflow, analytic tools (e.g., Moody's, S&P, nCino, and/or reporting technologies)
- Demonstrate familiarity with commercial and retail credit regulatory guidance covering CECL, credit risk review systems, underwriting/annual reviews
- Assist clients in preparing for and completing audits and liaising with the auditors
- Work with other Deloitte service lines (such as Financial Advisory Services, Tax, and Consulting) in delivering the accounting advisory workstream for multi-service line projects
- Supervise, coach, and mentor all levels of staff. Conduct performance reviews and contribute to performance feedback and training. Develop and communicate workplace culture and code of conduct
Leadership Capabilities
- Builds own understanding of our purpose and values; explores opportunities for impact
- Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent
- Understands expectations and demonstrates personal accountability for keeping performance on track
- Actively focuses on developing effective communication and relationship-building skills
- Understands how their daily work contributes to the priorities of the team and the business
Ideal Candidate Profile
- CPA/CA/ACCA certification
- Bachelor's degree in accounting or related field
- 8 years of public accounting or equivalent experience
- 4 years of experience in managing and supervising teams
- Strong knowledge of IFRS is essential
- Fluent in English (reading, writing, and speaking)
- Good project and time management skills
- Good report writing skills and an ability to clearly document facts, issues, and resolutions of complex accounting matters
- Ability to read complex documents, synthesize, and summarize important facts
- Ability to think creatively, problem solve, and work independently on multiple engagements
- Proven experience in managing client relationships and growing the business
- Experience in researching and clearly documenting accounting issues and applicable accounting standards
- Ability to manage and motivate teams with team members at all levels
- Strong on-the-job training skills and a desire to teach