Bayt.com Jobs: Assistant Financial Controller

Bayt.com Jobs
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Assistant Financial Controller
May 8th 2013, 05:54

Job Purpose:

• To provide a regular financial reporting system for the Bank in Dubai complying with best accounting standards;

• To fulfill the reporting requirements of the Bank Head Office and to assist with the setting of accounting standards for UAE reporting;

• To ensure compliance with regulatory reporting returns for both the UAE Central bank & the Foreign Central Bank.

Key Responsibilities & Accountabilities:

- To prepare the regular financial reporting, elegating responsibilities as appropriate. To include, amongst others, the daily profitability & balance sheet report.

- Prepare Group Financial Reporting Pack for Dubai's branch and annual budget and statutory accounts.

- To analyse and prepare the monthly commentaries on results for internal and Head Office uses.

- To act as department advisor on systems developments.

- To respond to accounting requirements on general ledger package and related peripheral software, making recommendations as appropriate for improvement/development.

- To provide professional accounting advice to the operational departments within the Bank.

- To provide an efficient expense payment and purchase ledger system for the company's expenses.

- To provide input to consolidation of Bank results, and prepare accounts for Dubai Branch.

- To ensure that accurate and prompt reports are made to all supervisory bodies and that full compliance is made with all supervisory and statistical requirements.

- To manage Central Bank of UAE & Foreign Central Bank regulatory changes, controlling the effects on the business.

- To carry out ad-hoc work as requested by the Financial Controller.

- To prepare, in conjunction with Financial Controller, quarterly financial reports to the Board

Job Details

Date Posted: 2013-05-08
Job Location: Dubai, United Arab Emirates
Job Role: Accounting/Banking/Finance
Company Industry: Banking

Preferred Candidate

Career Level: Mid Career
Degree: Bachelor's degree / higher diploma

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