Talents Tide

Manager Financial Control & Reporting

Talents Tide  •  Dubai, AE (Onsite)  •  1 month ago
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Job Description

Job Title Manager Financial Control & Reporting

Reports to AVP Financial Control & Reporting

Job Purpose

To manage the Group Consolidation function to ensure the timely compilation of the monthly financial information of the Bank and all of the subsidiaries and to maintain the Group Governance controls over the financial reporting activities of the subsidiaries.

Key Responsibilities

  • Responsible for the preparation of the Groups consolidated financial statements in accordance with the International Financial Reporting Standards (IFRS), rules and regulations of the UAE Central Bank, and all other related rules and regulations.
  • Preparing quarterly group consolidation working in accordance with International Financial Reporting Standards (IFRS) / International Accounting Standards (IAS) within the stipulated deadline.
  • Preparation of the high-level variance analysis for significant movement in the consolidated financial statements.
  • Preparation of the quarterly performance presentations for Board of Directors.
  • Managing the group governance function by applying the oversight on the financial reporting activities of the subsidiaries.
  • Coordinate with all concerned subsidiaries within the Group to ensure that consistent accounting policies are applied in preparation of the financial information.
  • Coordination with subsidiaries for reviewing and monitoring their financial deliverables ensuring the alignment with the bank's standards.
  • Coordinate with the Investor Relations unit for providing the information to Rating Agencies.
  • Review the investor presentations to ensure that the financial information is in agreement with the Group financial statements.
  • Review the policies and procedures manuals and recommend for the necessary changes, amendments & updates in the policies and procedures and coordinate with relevant units within Finance Department.

Job Specification

Education: Minimum bachelor's degree and professional qualification i.e. ACA, ACCA

Work Experience: Minimum 8 - 10 years of experience in in banking sector.

Talents Tide

About Talents Tide

Located at the heart of the UAE, TalentTide is an avant-garde HR consulting firm conceived to cater to the unique challenges and demands of the contemporary Emirati market. Our foundation is built upon a legacy of deep-rooted industry knowledge, underpinned by an unwavering commitment to pushing the boundaries of HR innovation.

TalentTide is not just another HR consultancy. What sets us apart is our unparalleled understanding of the local landscape, coupled with a global perspective that keeps us a step ahead in the dynamic world of HR. Our founder's rich tapestry of experiences and insights underpins our ethos, ensuring that our services are not only top-tier but also tailored to the nuances of our clientele.

Services for the Corporate Sector:

1. Headhunting: Our bespoke headhunting solutions are designed with precision, ensuring that businesses not only find the right talent but also individuals who resonate with their company culture and vision.

2. Customized Training: Rooted in extensive market research and client feedback, our training programs reflect the unique requirements of the UAE market, positioning businesses to thrive amidst challenges and seize emergent opportunities.

3. HR Technologies: We have curated an elite selection of HR technologies from global pioneers, ensuring our corporate partners benefit from the latest and most effective tools in areas such as competency management, recruitment, and more.

4. HR Consulting: Our consultancy services encompass a 360-degree approach to HR, aligning strategies with both local intricacies and global best practices to derive optimal results.

5. JD Creation: With our acute understanding of role dynamics, we craft job descriptions that not only attract the right talent but also align seamlessly with organizational structures and goals.

Industry
Consulting & Advisory
Company Size
1-10 employees
Headquarters
Dubai, AE
Year Founded
2023
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