VP Governance and Control Full-time Job

2 weeks ago   Others   Abu Dhabi   27 views Reference: 27455
Job Details

KEY ACCOUNTABILITIES

Act as first Line of defence on Month end review process. Conduct close review of Month end numbers.

Identify and analyse variances, process MI adjustments thereby providing Business Finance teams accurate data for analysis.

Maintain and process all recurring MI adjustments for Segment and Product views within Consumer and Pvt Banking Division.

Control segment and LOB changes.

Monitor Daily Customer / deal movement between segments and LOB (technical DAO movement). Retain constant awareness of the PB financials / Customers / Contracts position and act to prevent problems (non-approved movement)

Successful delivery of finance transformation projects within the Project timelines for PB work streams i.e. identified under the Project Act as a SPOC duly providing requirements and contributing to solutions.

Coordinate with project team / business, conduct UAT and sign off changes once completed.

To participate in the Group finance related projects including budget & forecasting solution, DOA automation, BI solution etc. Also manage all the creation of COA and support business with end-to-end solution.

Maintain Rules for Revenue allocation along with confirmation from business finance.

Maintain strong governance and control model around PCG segment of the LOB.

Qualifications

Knowledge & Experience

A post graduate qualification with 15 years of relevant work experience in similar capacity.

Qualified accountant or equivalent with demonstrable experience of managing a finance function in a substantial business.

Proven track record in leading and managing banking operations with leadership experience in general management, project management, communication and budgetary oversight. Direct experience in leading financial control and MI strongly preferred.

Familiar with banking industry practices, guidelines and code of conduct.

Able to manage and communicate effectively with regulators and auditors.

Able to engage at senior management level with peers and stakeholders.

Proficient in all Finance rules and guidelines.

Company Description
FAB, the UAEs largest bank and one of the worlds largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.