Manager - Financial Control (FR)

Job Purpose

To ensure effectiveness & efficiency in the bank’s process of financial control and assist in relevant cost management MIS reporting.

To be engaged in regulatory reporting, financial reporting and control aspects of the Bank (including NBF Islamic) and its subsidiaries (NBF Financial Services and NBF Capital Limited) and to ensure effective financial / regulatory reporting including statutory consolidated financial statements.

Key Accountabilities

Financial Reporting

 Preparation of the monthly accounts / presentations and yearly financial statements of the Group and subsidiaries ensuring compliance with IFRS / IAS (including NBF Islamic);

 To produce accurate and informative accounting and financial reports for internal and external stakeholders.

 Responsible for the evaluation of new IRFS / IAS and regulatory requirement implications on the Bank.

Liaison with the External, Internal and Central Bank Auditors

Subsidiaries Reporting:

1. NBF Capital Limited financials and books of accounts

2. NBF Financial Services FZC financials and books of accounts

Regulatory Reporting (CBUAE BRF)

Accruals and prepaid expenses monitoring and management.

GL ownership framework compliance and products testing (including NBF Islamic) - Ensuring initiation / execution of the respective level of controls to enhance the control environment. Undertaking product testing from Finance perspective and ensuring seamless reflection in the system from GL / financial / accounting related matters.

Month End Processing

Responsible for the preparation of the policies and procedures manuals and ensuring the accuracy and integrity of financial information with enhanced analysis.

New initiatives / projects

Cost Effective Budget and Planning

Team Engagement

Staff engagement and liaison.

Other Accountabilities

Other Accountabilities

COMMUNICATIONS & WORKING RELATIONSHIP S:

Internal:

 Staff of Business and Functional units. Accruals and prepaid expenses monitoring and management.

 Periodic meetings with respective departments to provide financial guidance and advice on strategies to meet overall bank’s objectives.

 Periodic meetings with Internal Audit on issues relating to policies and procedures.

 Consult IS&T for system related issues.

External:

Periodic meeting with external auditors in lieu of the financial statements, Central Bank Returns and other specific issues.

Job Context

GL ownership framework compliance and products testing; Control and Governance / GL controls (including NBF Islamic)

 Feasibility study and product / channel support (incorporating PPG, Financial Projections analysis and testing of products).

Education

Post Graduate in Finance/ MBA Finance

Experience and Skills

Working and collaborating with others

Building relationships, building trust, sharing knowledge, setting expectations, providing support and facilitating cooperation.

Change and Innovation

Flexible and constantly seeking new ways to approach job requirements and challenges; to adjust rapidly to new situations.

Communication

Delivering clear, proactive and effective communication to expand understanding and influence others.

Results Orientation

Consistently driving the achievement of results, displaying high levels of energy, commitment and resilience.

Evaluating and Solving Challenges

Conducting detailed analysis of data, information and situations, performing cause and effect analysis, making effective, timely and fair decisions.

Technical Competencies

Financial, Regulatory Reporting and Compliance- Finance- Proficient

Financial Control and Accounting- Finance- Proficient

Financial Analysis and Performance Management- Finance- Advanced

Data Governance and Business Intelligence (BI)- Finance- Proficient

Strategic Planning and Budgeting- Finance- Basic

Cost and Vendor Management Control- Finance-Proficient

Asset Liability Management and Market Intelligence- Finance- Basic

Corporate Governance and Investor Relations-Finance-Basic

Behavioural Competencies

Change and Innovation - Proficient

Communication - Proficient

Evaluating and Solving Challenges - Proficient

Results Orientation - Proficient

Working and collaborating with others - Proficient