Finance Manager - Cost Allocation & Budgeting

First Abu Dhabi Bank (FAB); Abu Dhabi; On-site; AED 180,000 - 280,000; Full time

Job summary

First Abu Dhabi Bank (FAB) is seeking a Finance professional to own the end-to-end Cost Allocation process for the UAE Enablement functions. The role focuses on monthly MI reporting, variance analysis, budgeting support, and strong collaboration with senior stakeholders.

Ideal candidates have a Bachelor's degree and prior banking sector experience with leadership responsibilities in Finance, demonstrating detailed analysis, accuracy, and the ability to drive cost efficiency.

Qualifications

• Must have bachelors degree.
• Years relevant experience in the banking sector with at least IO years in similar positions of progressively increasing managerial responsibilities in the Finance function.
• Demonstrated ability to successfully manage and motivate a team of Finance professionals.
• Experience in leading a team and working with senior/ management stakeholders on a daily basis.
• Ability to respond to and resolve issues & needs within team as well as business stakeholders.
• Must be detail-oriented but not lose sight of the big picture. Ability to multi-task and work under pressure while delivering high quality results is crucial

Responsibilities

• Manage the end-to-end Cost Allocation process for the group.
• Provide monthly financial reports to Support Divisions with detailed variance analysis and focus on cost analysis.
• Monitor cost allocation performance vs. budget and report variances to management.
• Identify risks and opportunities and advise management on actions.
• Assist in budgeting for enablement function cost allocations and set up budget templates.

Skills

Cost management

Variance analysis

End-to-end cost allocation

Financial reporting

Budgeting

Team leadership

Stakeholder management

Education

Bachelor's degree

Job description

First Abu Dhabi Bank (FAB) is seeking a Finance professional to own the end-to-end Cost Allocation process for the UAE Enablement functions. The role focuses on monthly MI reporting, variance analysis, budgeting support, and strong collaboration with senior stakeholders.

Ideal candidates have a Bachelor's degree and prior banking sector experience with leadership responsibilities in Finance, demonstrating detailed analysis, accuracy, and the ability to drive cost efficiency.