Manager - Finance Islamic Accounting

Abu Dhabi Commercial Bank; Abu Dhabi; Remote; AED 350,000 - 550,000; Full time

Benefits offered by this job

Competitive salary

Medical insurance

Leave & travel benefits

Staff discounts

Flexible remote working

Learning & development opportunities

Job summary

Abu Dhabi Commercial Bank is seeking a Finance professional specialized in Islamic Banking to join our Finance team in Abu Dhabi. You will ensure IFRS, Sharia standards, and AAOIFI compliance across Islamic Banking operations, and review financial data for internal and external reporting.

You will lead budgeting, analysis, and policy development, collaborate with stakeholders, and support transformational initiatives while upholding governance and regulatory requirements in a dynamic banking

Qualifications

• Bachelor's degree in a relevant discipline and professional certifications preferred.
• Strong knowledge of IFRS, Sharia standards, and AAOIFI guidelines.
• Experience with banking accounting, budgeting, and financial reporting.

Responsibilities

• Manage Islamic Banking finance matters and ensure compliance with standards and policies.
• Review Islamic Banking financial data for IFRS, Sharia, and AAOIFI alignment.
• Ensure Sharia compliance in product and accounts; obtain Sharia Board approval as needed.
• Review GL for accuracy; verify transactions against policies and regs.
• Lead special accounting for mergers, acquisitions, and restructurings.
• Provide timely financial analysis to support budgets and forecasts.
• Develop financial policies and internal controls; maintain stakeholder relations.
• Guide team performance per ADCB policies; contribute to change initiatives.
• Apply ADCB service standards in all internal and external interactions.

Skills

IFRS knowledge

Sharia standards

AAOIFI guidelines

Financial analysis

Budgets & forecasts

Excel / MS Office

Islamic Banking product knowledge

Governance & controls

Banking accounting principles

Flexcube / Desktop Intelligence

Education

Bachelor's degree in a relevant discipline

Professional certification (ACCA/ACCA/CIMA/CFA/CSAA/IFQ)

Tools

Flexcube

Desktop Intelligence

Job description

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the Business Area - Finance

As a Finance team, we are partners to the business in achieving the company’s goals and driving the banks performance. We have been able to significantly add value in guiding and influencing decisions through our insight and understanding of the numbers. We focus on our clients and customers, on building deep and long-standing relationships and on improving the quality of our service and solutions; whilst balancing the pursuit of growth focusing on disciplined management of costs and risks, keeping a firm grip on liquidity and capital.

In this role, your key responsibilities include

• To manage and implement all finance matters related to Islamic Banking within the Bank in order to ensure alignment and compliance with external standards and internal policies and procedures
• Review and finalise Islamic Banking-related financial data for internal and external consumption in order to ensure that data reported are in line with International Finance Reporting Standards (IFRS), Sharia standards and the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) guidelines
• Ensure that all product and accounts-related Sharia laws and standards are followed and profit is distributed as per Sharia principles and approval is obtained from Sharia Board in order to comply in full with the requirements of Sharia finance
• Review the GL to provide reasonable assurance that the debits and credits are valid, accurate and complete and verify that transactions are appropriate and compliant with all applicable policies and regulations
• Maintain responsibility for special accounting and bookkeeping of merger and acquisition and restructuring deals, leading special accounting of Islamic Banking-related deals
• Provide timely and robust financial analysis to support business decision-making and assist with the preparation of budgets and forecast to the required standard
• Review and develop effective and robust financial policies and control procedures in order to ensure internal controls and systems are effective and efficient
• Develop and maintain effective communication and positive working relationships with internal and external stakeholders
• Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximise own and employee contribution to business performance
• Identify opportunities to contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment
• Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank’s required levels of service in all internal and external customer interactions

The ideal candidate should have the following experience

• At least 6 years of relevant experience in banking (Islamic)
• Bachelor’s degree in a relevant discipline
• Relevant professional certification is preferred, aligned to the role domain, such as ACA/ACCA/CIMA/CFA, AAOIFI Certified Sharia Advisor and Auditor (CSAA), Islamic Finance Qualification (IFQ), FRM, CISA/CISM/CRISC/CISSP, CDPSE, data governance/quality, privacy, project management, or testing certification.
• Strong understanding of International Financial Reporting Standards, Sharia Standards and the AAOIFI guidelines
• Experience with Banking accounting principles and procedures
• Knowledge of operating and capital budget concepts
• Ability to analyse financial data and to prepare accurate reports in a timely fashion
• Knowledge and ability in the use of a personal computer and software applications (e.g. Microsoft Word, Excel, Access, PowerPoint)
• Ability to effectively use a modern automated financial management system
• Knowledge of Flexcube, Desktop Intelligence
• Strong organisational skills and the ability to maintain detailed records
• Experience and product knowledge of Islamic Banking
• Banking transformation and programme governance.
• Risk-based analysis and structured problem solving.
• Islamic banking finance, accounting, and management reporting.
• Islamic banking products, Sharia-compliant financing structures, and accounting considerations.
• Knowledge of Islamic banking principles, governance, and regulatory requirements.

What we offer:

• Competitive Salary Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
• Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
• Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
• Learning and Development Opportunities: We value and facilitate continuous learning and personal development through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-learning catalog, on-the-job training, and professional development programs.