AVP & Manager, Payroll Accounting & Governance

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 180,000 - 260,000; Full time

Job summary

First Abu Dhabi Bank in Abu Dhabi, UAE, seeks a senior Payroll & Finance specialist to govern payroll accounting and risk frameworks across multiple regions. You will lead month-end closes, ensure internal controls, and coordinate audits with internal and external teams.

The role requires extensive experience in payroll, governance, and financial controls, with leadership responsibilities and collaboration across stakeholders within FAB.

Qualifications

• Bachelor's degree in HR/Finance or related discipline.
• 6+ years of payroll and finance experience with at least 5 years in managerial roles.
• Experience with payroll governance and audits.

Responsibilities

• Lead payroll accounting and GL bookings for UAE, KSA, Bahrain, Kuwait and Oman.
• Establish internal controls and policies for accounting activities.
• Coordinate month-end and year-end close and related reporting.
• Act as point of contact with internal and external auditors for Payroll.
• Manage HR Payroll & Payment Risk Framework (RCSA, KRI, SOPs).
• Oversee vendor payments and payment risk monitoring.

Skills

Payroll accounting

GL postings

Internal controls

Audits

Risk management

Team supervision

Policy implementation

Communication

Education

Bachelor's degree in HR/Finance

Tools

ERP systems

Accounting software

Job description

Job description

JOB SUMMARY / INTRODUCTION

Providing specialist advice and assistance across the organisation on a range of policy, procedural, governance matter related to Payroll & Payments; which will include implementation & continues improvement on the Pay Risk frame work aspect. Monitor the daily /monthly transaction and cost booking & develop disclosure for communicating with external and internal Auditor.

KEY RESPONSIBILITIES

Payroll & Payments Governance

• Manages and performs Payroll accounting and GL booking activities for UAE, KSA, Bahrain, Kuwait and Oman, which includes the preparation and review of journal entries, review of all general ledger postings, reconciliation of bank accounts and reconciliation of sub-ledgers for all the daily/ monthly transactions as verifier
• Establishes and monitors internal controls to ensure accounting standards are met; develops and implements policies and procedures relating to accounting activities
• Coordinate with Group Finance and manage the month-end and year-end close process and prepares related reports
• Act as point of contact with Internal and External Auditors from Payroll Function. Prepare various payroll and accounting reports auditors for annual and ad-hoc audits. Responsible to maintain action plan for implementing audit recommendations
• Manage and implement the HR Payroll & Payment Risk Framework which include, RCSA, KRI, Standard Operating Procedures. Etc. & Report any risk incident as per the Bank internal guidelines and procedure
• Manage FAB Accounts with the 3rd party vendors including payment
• Manage & monitor the monthly provisions and amortization booking and ensure reflect the update relevant RC and period as per OE direction and finance budget YTD cost
• Monitor the Incentives, life and medical insurance payments, and keep tracking for costing and booking entries
• Monitor the Pension compliance dashboard, and identify any action plan for improvement/correction actions

Team Supervision

• Organise and supervise the work of the assigned team to ensure that all work within a specific area of the activity is carried out in an efficient manner, which is consistent with operating procedures and policy.
• Provide on-the-job training and constructive feedback to assigned team to support their overall development.
• Promote the organisation’s values and ethics in all activities within the team in order to support the establishment of a value drive culture within the bank.
• Strives to achieve the highest levels of proficiency on all the competencies and skills required to perform the role.

Policies, Systems, Processes & Procedures

• Provide inputs and implement policies, systems and procedure for the assigned team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.

Continuous Improvement

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction & check the system capabilities for accuracy, integrity and functionality for any potential enhancement

Customer Orientation

• The ability to identify current and future customers, understand their current and future needs and respond with relevant and creative solutions. Make FAB the preferred partner for customers and build long term relationships in the best interest of the Bank. A customer may be an external customer, or an internal customer/colleague within FAB.

Persuasion and Influence

• The ability to persuade and convince others to take actions beneficial to the Bank and customers. It involves the ability to clearly identify and understand situations, and then respond appropriately when interacting with individuals and groups.

Analyzing and solving problems

• Understanding problems by breaking them into smaller parts and identifying risk-return implications in a systematic way. Making logical comparisons of possible outcomes and coming up with the best possible solutions to problems.
  Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
  Authorised to take decisions as per the approved authorisation matrix.

REQUIREMENTS / QUALIFICATIONS

Minimum Qualification
Bachelor's degree in HR/Finance or related discipline.
Minimum Experience
6 years & above with relevant experience in Payroll and finance function with at least 5 years in similar positions of progressively increasing managerial responsibilities.

Skills

Customer Orientation
Persuasion and Influence
Analyzing and solving problems

About Us:

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB:

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization

Career Development:

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our Values:

At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.