Manager Financial Control & Reporting

Talents Tide; Dubai; On-site; AED 300,000 - 520,000; Full time

Job summary

Talents Tide is seeking a Manager Financial Control & Reporting to lead the Group Consolidation function, ensuring timely monthly financial information and governance controls across subsidiaries.

The role requires ACA/ACCA with a minimum 8–10 years in banking, and substantial IFRS experience to oversee consolidation, variance analysis, and investor communications.

Qualifications

• Bachelor's degree and ACA/ACCA professional qualification.
• 8–10 years of banking sector experience.
• Strong IFRS knowledge and financial reporting controls.

Responsibilities

• Prepare the Group's consolidated financial statements under IFRS.
• Consolidate quarterly group reporting within deadlines.
• Provide high-level variance analyses for consolidated results.
• Prepare quarterly Board performance presentations.
• Govern the group finance reporting controls across subsidiaries.
• Coordinate with subsidiaries to ensure consistent accounting policies.
• Coordinate with Investor Relations for rating agencies.
• Review policies and procedures and coordinate updates with Finance.
• Review investor presentations for alignment with group statements.

Skills

IFRS

Group Consolidation

Financial Reporting

Governance

Education

Bachelor's degree

ACA/ACCA

Job description

About the job Manager Financial Control & Reporting

Job Title: Manager Financial Control & Reporting

Reports to: AVP Financial Control & Reporting

Job Purpose

To manage the Group Consolidation function to ensure the timely compilation of the monthly financial information of the Bank and all of the subsidiaries and to maintain the Group Governance controls over the financial reporting activities of the subsidiaries.

Key Responsibilities

• Responsible for the preparation of the Groups consolidated financial statements in accordance with the International Financial Reporting Standards (IFRS), rules and regulations of the UAE Central Bank, and all other related rules and regulations.
• Preparing quarterly group consolidation working in accordance with International Financial Reporting Standards (IFRS) / International Accounting Standards (IAS) within the stipulated deadline.
• Preparation of the high-level variance analysis for significant movement in the consolidated financial statements.
• Preparation of the quarterly performance presentations for Board of Directors.
• Managing the group governance function by applying the oversight on the financial reporting activities of the subsidiaries.
• Coordinate with all concerned subsidiaries within the Group to ensure that consistent accounting policies are applied in preparation of the financial information.
• Coordination with subsidiaries for reviewing and monitoring their financial deliverables ensuring the alignment with the bank's standards.
• Coordinate with the Investor Relations unit for providing the information to Rating Agencies.
• Review the investor presentations to ensure that the financial information is in agreement with the Group financial statements.
• Review the policies and procedures manuals and recommend for the necessary changes, amendments & updates in the policies and procedures and coordinate with relevant units within Finance Department.

Job Specification

Education: Minimum bachelor's degree and professional qualification i.e. ACA, ACCA

Work Experience: Minimum 8 - 10 years of experience in in banking sector.