Assistant Manager jobs in United Arab Emirates
Assistant Manager Regulatory Reporting - Emiratization
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Assistant Manager Regulatory Reporting - Emiratization
Job summary
A leading financial institution in the UAE is seeking an Assistant Manager Regulatory Reporting. You will be responsible for the timely preparation and submission of regulatory reports and must have a strong analytical mindset and communication skills. The ideal candidate has a degree in Accounting or Finance and 3-5 years of experience in a financial institution. This is an excellent opportunity to contribute to regulatory compliance and process improvements.
Qualifications
- 3 to 5 years of experience in accounting or finance function of a financial institution.
- Proficient in data validation, reconciliation, and analysis.
Responsibilities
- Prepare and submit accurate regulatory reports for subsidiaries.
- Collaborate with cross-functional teams to validate data for reporting.
- Monitor regulatory changes and update reporting processes.
Skills
Education
Job Openings Assistant Manager Regulatory Reporting - Emiratization
Our client is a prominent and large financial institution based in the UAE. They are seeking a highly skilled professional to join the team as Assistant Manager Regulatory Reporting.
Job Purpose
- Responsible for preparation and timely submission of regulatory reports related to the entity's UAE operations as per Central Bank guidelines and as per the required reporting frequency.
- Responsible for preparation of returns related to the entity's subsidiaries for CBUAE & Securities & Commodities Authority (SCA).
- Responsible for preparation of vouchers for GDL (Gross Dirham Lending) & Cash Reserve related to the client's UAE operations and post transactions in Flexcube.
Key Result Areas
- Prepare and submit accurate regulatory reports for the subsidiaries and UAE operations in compliance with Central Bank guidelines and timelines.
- Prepare GDL and Cash Reserve returns and advise for entries for UAE operations.
- Collaborate with cross-functional teams to gather, validate, and reconcile data for reporting.
- Address data issues with relevant departments to ensure reporting accuracy.
- Monitor regulatory changes and update reporting processes accordingly.
- Drive automation and process improvements in regulatory reporting in partnership with Technology.
- Conduct compliance assessments and support audits through proper documentation and timely responses.
Knowledge, Skills & Experience
- Accounting or Finance graduate.
- 3 to 5 years of experience in accounting or finance function of a financial institution.
- Strong analytical mindset and attention to detail.
- Clear and effective communication of complex regulatory concepts.
- Strong collaboration skills with ability to lead cross-functional initiatives.
- Proficient in data validation, reconciliation, and analysis.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.