Senior Operations & Accounts Officer

ADIB Group; Abu Dhabi; On-site; AED 80,000 - 100,000; Full time

Job summary

A financial services institution is seeking a Senior Operations & Accounts Officer in Abu Dhabi. This role entails managing middle and back office operations, ensuring compliance with regulations, and financial reporting. The ideal candidate should have a university degree in finance or accounting and extensive knowledge in capital market operations. A minimum of 5-7 years of relevant experience is required.

Qualifications

• Fluency in English is required.
• Extensive knowledge in capital market operations both locally and internationally.
• Full awareness of Lombard and margin financing as per regulations.
• Full awareness of local markets rules & SCA regulations.
• Excellent analytical and problem-solving skills.

Responsibilities

• Oversee overall middle/back office operations.
• Manage financial assets & monitor corporate & capital Wakala renewals.
• Implement corporate actions on time.
• End to End management of Margin Trading Product.
• Prepare monthly regulatory reporting with Compliance.
• Ensure daily settlements with exchanges.

Skills

Accounting Software

Time Management

Accounts Administration

Accounts Receivable

Accounts Reconciliation

Administrative Skill

Leadership skills

Accounting & Finance

Accounts Management

Communication

Analysis Skills

Relationship Management

Team Player Spirit

Budgeting Skills

Accounts Payable

Education

University graduate with Finance/accounting background

Tools

MS Excel

Job description

Description

Role

Senior Operations & Accounts Officer

Location

Abu Dhabi

Role Purpose

Looking after overall middle / back office operations covering both local as well as international Addition the right candidate shall also look after margin financing operating model and all other products.

Key Accountabilities of the role

• Solid understanding of SCA & Exchanges rules & regulations
• Posting daily entries on both phoenix & TFIN accounting system
• Daily reconciling book balances with bank balances and define variances.
• Managing companys financial assets & monitoring corporate & capital Wakala renewals.
• Ensure Corporate actions are implemented on time.
• End to End management of Margin Trading Product
• EOD processing & verifications
• Preparing End of month regulatory reporting with Compliance.
• Ensuring daily settlements with exchanges and foreign counterparties as per defined rules & regulations
• Process daily Settlements for Foreign Markets.
• Ensuring successful preopen trading sessions in local markets.
• Monitoring the daily trading limits and suggest increase / decrease if necessary
• Supporting trading desk as and when required
• Actively work on assigned projects and ensure delivery as per defined timelines.
• Working closely with FCD & External auditors for interim & EOY external audit.
• Working Closely with Compliance for Regulatory inspection.
• Propose new ideas to enhance and automate processes.
• Support other team members and act as backup as and when needed.
• Reconciling and monitoring foreign market trades daily.
• Making sure al CAs are being handled for all markets and take necessary action

Specialist Skills / Technical Knowledge Required for this role

• University graduate with Finance / accounting background fluent in English
• Extensive knowledge in capital market operations both locally and internationally
• Full awareness of Lombard and margin financing as per regulations.
• Full awareness of local markets rules & SCA regulations
• Excellent analytical and problem-solving skills. Excellent MS. excel user.
• Excellent communication skills.

Previous experience

• Minimum 5-7 years of Experience in competitive environment.

Required Experience

Senior IC

Key Skills

Accounting Software,Time Management,Accounts Administration,Accounts Receivable,Accounts Reconciliation,Administrative Skill,Leadership skills,Accounting & Finance,Accounts Management,Communication,Analysis Skills,Relationship Management,Team Player Spirit,Budgeting Skills,Accounts Payable

Employment Type

Full Time

Experience

years

Vacancy

1