Manager - Finance (Islamic & GL)

National Bank of Fujairah (NBF); Fujairah; On-site; AED 300,000 - 520,000; Full time

Job summary

National Bank of Fujairah (NBF) is seeking an experienced finance professional to advance Islamic Banking financial reporting, regulatory reporting, and product accounting. The role includes evolving into a FC manager overseeing Islamic Banking and GL control activities.

You will drive the implementation of AAOIFI/IFRS-aligned accounting across Islamic products and support the ALCO process, with exposure to governance frameworks.

Qualifications

• Masters Degree in Finance / Banking / MBA.
• Professional Qualification (Preferable).
• ACCA/MBA/CPA/Masters in Commerce/Economics.
• Diploma/Certification in Islamic Banking is add on
• Islamic Banking experience required.

Responsibilities

• To ensure effective Islamic Banking financial reporting framework implementation.
• Islamic financial and regulatory reporting including consolidated financial statements and separate ALCO process implementation.
• Responsible for implementation of Islamic Banking products accounting and alignment of their accounting treatment in line with AAOIFI Standards and IFRS.
• Involvement in GL Ownership / Control / GL Sign-offs.
• Support in implementation of Shari’a Governance Framework across the Bank.

Skills

Islamic Banking reporting

Regulatory reporting

Financial accounting

Governance & controls

Education

Masters in Finance/Banking/MBA

ACCA/MBA/CPA/Masters in Commerce/Economics

Diploma in Islamic Banking

Job description

Job Purpose

Given the gradual development of Islamic Banking products, the role is also expected to develop for Islamic Banking financial / regulatory reporting and products accounting / testing support. This role is also designed to evolve into one FC manager leading and taking control of most of Islamic Banking and GL control activities.

Duties and Responsibility

To ensure effective Islamic Banking financial reporting framework implementation. Islamic financial and regulatory reporting including consolidated financial statements and separate ALCO process implementation. Responsible for implementation of Islamic Banking products accounting and alignment of their accounting treatment in line with Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Standards and International Financial Reporting Standards (IFRS) including new changes impact and execution plan.

Involvement in GL Ownership / Control / GL Sign-offs.

Support in implementation of Shari’a Governance Framework across the Bank.

Qualification

Masters Degree in Finance / Banking/ MBA

Professional Qualification (Preferable)

ACCA/MBA/CPA/Masters in Commerce/Economics.

Diploma/Certification in Islamic Banking is add on

Work Experience

Minimum 5-7 years’ experience of Finance department in the banking industry.

Islamic Banking experience required.

Audit Firm training experience is needed.