Finance Manager will be responsible for timely and accurate preparation or review of regular activities including:
- Financial Controls & Reconciliation
- Treasury Control Monitoring
- Daily Performance Monitoring
- Local Regulatory Reporting and Monitoring
- Group Financial Reporting
Finance Manager will also participate in system change implementation and support new product development.
Job Content
Financial Controls & Reconciliation
- Reconcile data from source or transaction processing systems (Finacle and Calypso) to OGL
- Review Nostro reconciliation and follow up Finacle / bank statement breaks
Treasury Control Monitoring
- Perform / review daily NOP (Net Open Position) reconciliation
- Monitor negative / zero margin FX deals and Treasury Sales folder
- Monitor interest movement, perform accrual sense check and follow up on exceptions
Daily Performance Monitoring
- Prepare / review branch’s business performance and provide variance analysis to business heads
Local Regulatory Reporting and Monitoring
- Prepare / monitor MAS returns or ratios such as qualifying liabilities, minimum cash balance, minimal liquid assets, asset maintenance ratio etc.
- Update Treasury on regulatory ratio and ensure adherence to MAS regulatory requirements
Group Financial Reporting
- Prepare monthly CBUAE regulatory returns such as large exposure, real estate report etc
Requirements
- Professional Financial Accreditation or Diploma / Degree in Finance, Accounting or equivalent
- Experience in handling financial or regulatory reporting in banks
- Knowledge of accounting policies / standards
- Knowledge of MAS regulations (MAS640, MAS649, MAS758)
- Experience in Finance change management processes related to system implementation or product accounting and reporting
- High degree of proficiency in MS Office (Excel)
- Strong analytical skills
- Capable in handling extensive data
- Motivated self-starter who demonstrates resilience and initiative to improve
- Team player with commendable interpersonal skill
- Able to work with numbers & Excel for a long period of time
- Organized and detail-oriented