Senior Manager, Financial & Management Reporting - Islamic

RHB Banking Group; Selangor; On-site; MYR 120,000 - 150,000; Full time

Job summary

A leading financial institution in Malaysia is seeking a Senior Manager to join its Financial & Management Reporting team. The role involves preparing financial reports, ensuring compliance with Islamic banking standards, and conducting detailed financial analysis. The ideal candidate will have a strong background in financial reporting, excellent analytical skills, and the ability to coordinate audit processes. This position offers competitive remuneration and opportunities for professional growth.

Benefits

Competitive remuneration

Comprehensive benefits

Professional development opportunities

Flexible work arrangements

Wellness initiatives

Qualifications

• Proven experience in financial reporting and management accounting, preferably within Islamic banking.
• Strong knowledge of accounting standards and regulatory requirements related to Islamic banking.
• Excellent analytical skills with attention to detail and accuracy.

Responsibilities

• Prepare monthly management accounts and financial reporting packages for RHB Islamic Bank.
• Conduct detailed analysis of monthly financial performance.
• Coordinate with Business and Group Regulatory Reporting teams.

Skills

Financial reporting

Management accounting

Regulatory compliance

Analytical skills

Communication skills

Job description

About The Role

We are seeking a highly motivated Senior Manager to join our Financial & Management Reporting team for RHB Islamic Bank. In this role, you will be responsible for preparing accurate and timely monthly management accounts, group financial reporting packages, and statutory financial statements in compliance with accounting standards and regulatory requirements specific to Islamic banking. You will provide comprehensive financial reports for key management and board committees, conduct detailed financial analysis, and coordinate with various internal teams and auditors to ensure regulatory compliance and financial integrity.

What You Will Be Doing

• Prepare monthly management accounts and Group Financial Reporting Package for RHB Islamic Bank, ensuring accuracy, timeliness, and compliance with accounting standards and regulatory requirements
• Compile comprehensive financial reports for Managing Director meetings (Islamic Deck) and Business Review Committee – Islamic on a monthly basis, providing insights into financial performance and key metrics
• Prepare quarterly financial reports for the RHB Islamic Board and Board Audit Committee, highlighting financial results, key indicators, and areas of focus
• Prepare quarterly and annual statutory financial statements, ensuring adherence to Islamic banking accounting principles and regulatory guidelines
• Conduct detailed analysis of monthly financial performance, including month-on-month, quarter-on-quarter, and year-on-year trends, to identify strengths, improvement areas, and risks
• Perform variance analysis to explain differences between comparative periods
• Coordinate with Business and Group Regulatory Reporting teams on Investment Account reconciliations and disclosures
• Prepare schedules and reconcile specific balance sheet items to ensure accuracy and monitor balances at reporting dates
• Facilitate month-end account closure by preparing journal entries and ensuring accurate transaction recording
• Prepare monthly, quarterly, and annual BNM Statsmart reports and other BNM submissions in full compliance with guidelines
• Prepare disclosures related to MFRS 7 for RHB Islamic Bank and selected group consolidation sections
• Collaborate with internal and external auditors to support the audit process with documentation and explanations
• Address BNM queries and reports, providing timely and accurate responses
• Assist in ad hoc finance-related projects and special assignments as requested by management, Strategic Business Group, Budget team, and BNM

What Were Looking For

• Proven experience in financial reporting and management accounting, preferably within Islamic banking or financial institutions
• Strong knowledge of accounting standards and regulatory requirements related to Islamic banking
• Excellent analytical skills with attention to detail and accuracy
• Ability to prepare complex financial reports and perform variance and trend analysis
• Experience in coordinating audit processes and regulatory reporting
• Strong organizational skills and ability to meet tight deadlines
• Proactive, driven, and able to work collaboratively across teams
• Good communication skills to interact with management, auditors, and regulatory bodies

What We Offer

At RHB Banking Group, we are committed to fostering a collaborative and inclusive work environment that empowers our employees to reach their full potential. We offer competitive remuneration, comprehensive benefits, and ample opportunities for professional development and career growth. Our wellness initiatives and flexible work arrangements also support a healthy work-life balance. If you\'re ready to be a part of our transformative journey, we encourage you to apply now.