Manager – Regulatory Reporting & FP&A

A Leading Consulting Company In UAE; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent consulting firm in the UAE is seeking a Manager – Regulatory Reporting & FP&A to lead regulatory financial reporting to the Central Bank of the UAE. This role involves driving financial planning, budgeting, and forecasting while ensuring compliance with regulatory standards. The ideal candidate will have 10–12 years of Finance experience within the Insurance sector and possess strong analytical, communication, and leadership skills. This position requires extensive knowledge of UAE insurance regulations and robust financial modeling abilities.

Qualifications

• 10-12 years of Finance experience within the Insurance sector.
• Strong hands-on experience in CBUAE regulatory reporting and FP&A in the UAE.
• In-depth understanding of UAE insurance regulations.

Responsibilities

• Lead regulatory financial reporting to the Central Bank of the UAE.
• Drive financial planning, budgeting, and performance analysis.
• Monitor financial performance against KPIs.

Skills

Regulatory Reporting Expertise

Financial Planning & Analysis

Analytical skills

Strong communication skills

Advanced Excel

BI/reporting tools (Power BI)

Team leadership

Problem-solving ability

Education

CA / CPA / ACCA / CFA or equivalent

Bachelor’s Degree in Finance, Accounting, or related discipline

Tools

Excel

Power BI

ERP systems (SAP preferred)

Job description

About the Role

Manager – Regulatory Reporting & FP&A Location: United Arab Emirates Function: Finance Industry: Insurance Job Type: Full-Time Reporting to: Head of Finance / CFO About the Role We are seeking an experienced Manager – Regulatory Reporting & FP&A to lead regulatory financial reporting to the Central Bank of the UAE (CBUAE) and drive the company’s financial planning, budgeting, forecasting, and performance analysis activities. This role plays a critical part in ensuring regulatory compliance, financial accuracy, and timely decision support for Senior Management and the Board, while supporting the company’s strategic and financial objectives.

Key Responsibilities

• Regulatory Reporting (CBUAE)
  • Prepare, review, and submit all CBUAE regulatory returns, e-forms, investment risk reports, and statutory submissions accurately and within regulatory deadlines.
  • Establish and maintain strong controls, documentation, and change‑management processes for regulatory reporting.
  • Act as a key point of contact with CBUAE, responding to regulatory queries and follow‑ups.
  • Monitor regulatory developments within the UAE insurance sector and ensure full compliance with evolving requirements.
• Financial Planning, Budgeting & Forecasting
  • Lead all aspects of financial planning, budgeting, forecasting, and performance reporting.
  • Drive annual budgeting, reforecasting, and rolling forecasts covering P&L, balance sheet, cashflow, and solvency.
  • Ensure alignment of financial plans with business strategy and regulatory expectations.
• Management & Board Reporting
  • Monitor financial performance against KPIs and business objectives.
  • Prepare monthly and quarterly management reports, Board packs, and variance analysis, providing clear insights and recommendations.
• Financial Modelling & Decision Support
  • Develop and maintain robust financial models to support strategic and operational decision‑making.
  • Build decision‑support tools including driver‑based models, scenario analysis, sensitivity analysis, and what‑if simulations.
  • Partner with Technology teams to define requirements for EPM and BI tools.
• Performance Analysis
  • Prepare dashboards, presentations, and analytical reports for senior leadership.
  • Analyze key financial ratios, solvency indicators, and performance metrics.
  • Conduct ad‑hoc financial analysis to support cost optimization and business initiatives.
• VAT, Audit & Controls
  • Ensure compliance with UAE VAT regulations, including returns, invoicing, and documentation.
  • Support internal and external audits and ensure strong financial controls in regulatory reporting.

Key Stakeholder Interactions

• External:
  • Central Bank of the UAE
  • External Auditors
  • Actuaries
• Internal:
  • Senior Management
  • Underwriting, Claims, Operations, and Investment Teams
  • Finance Operations Team

Key Performance Indicators (KPIs)

• Timely and error‑free submission of all CBUAE and regulatory reports.
• Accurate annual budgets and rolling forecasts.
• On‑time monthly management and Board reporting.
• Quality variance analysis with actionable insights.
• Compliance with VAT regulations and accounting standards.

Qualifications & Experience

• Education:
  • CA / CPA / ACCA / CFA or equivalent.
  • Bachelor’s Degree in Finance, Accounting, or related discipline.
• Experience:
  • 10–12 years of Finance experience within the Insurance sector.
  • Strong hands‑on experience in CBUAE regulatory reporting and FP&A in the UAE.
  • In‑depth understanding of UAE insurance regulations and CBUAE reporting requirements.
  • Strong knowledge of insurance products and reinsurance arrangements.
  • Solid understanding of IFRS, including IFRS 9 and IFRS 17.
  • Advanced financial modelling, forecasting, and analytical skills.
  • Proficiency in advanced Excel and BI/reporting tools such as Power BI.
  • Experience working in an ERP environment (SAP preferred).
  • Strong communication and presentation skills.
  • Ability to manage multiple priorities in a fast‑paced, deadline‑driven environment.
  • Proven team leadership and cross‑functional collaboration skills.
• Knowledge & Skills:
  • In‑depth understanding of UAE insurance regulations and CBUAE reporting requirements.
  • Strong knowledge of insurance products and reinsurance arrangements.
  • Solid understanding of IFRS, including IFRS 9 and IFRS 17.
  • Advanced financial modelling, forecasting, and analytical skills.
  • Proficiency in advanced Excel and BI/reporting tools such as Power BI.
  • Experience working in an ERP environment (SAP preferred).
  • Strong communication and presentation skills.
  • Ability to manage multiple priorities in a fast‑paced, deadline‑driven environment.
  • Proven team leadership and cross‑functional collaboration skills.

Competencies

• Behavioural:
  • Strong analytical and problem‑solving ability.
  • High attention to detail.
  • Ability to perform under regulatory and reporting deadlines.
• Functional:
  • Regulatory Reporting Expertise.
  • Financial Planning & Analysis.
  • Stakeholder Management.

Additional / Preferred Requirements

• Prior experience within the UAE Insurance sector.
• Familiarity with regulatory reporting systems.