AVP- Enablement Finance & Group Projects - Governance- Policies & Procedures

Job Description

Generic AccountabilitySupervision

• Provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in a timely and efficient manner.
• Promote the organizations core values and ethics in all activities within the team & wider organization to support the establishment of a value driven culture within the bank.

Budgeting and Financial Performance

• Monitor the financial performance of a given area of activity versus budgets and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management.
• Identify risks & opportunities & advise management on measures to facilitate further decision making.

Policies, Systems, Processes & Procedures

• Provide inputs and implement policies, systems and procedures for the assigned team so that all relevant procedural/legislative requirements are fulfilled while delivering a quality & cost-effective service.

Continuous Improvement

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Prepare sectional statements and reports timely and accurately to meet Business and/or department requirements, policies and quality standards.

Job Specific AccountabilitiesProject Financial Governance

• Assist in the collaboration with PMO and related cross-functional stakeholders to manage the financials of the banks strategic investments portfolio.
• Participates in the banks strategic planning processes to enable a streamlined view of the Strategic Portfolio pipeline.
• Support and guide the cross-functional stakeholder in their business case development in terms of financials (Costs and Benefits) by ensuring the assumptions are relevant and in line with the Bank policies and strategy.
• Support with the business case budget approvals, and drive and coordinate the budget implementation with the Lines of Business for consistent cost/benefit budget allocation as per the Group cost allocation policy.
• Support budget reviews/changes related to strategic portfolio by conduction impact assessment of costs and benefits for each line of business.

Policies, Systems, Processes & Procedures

• In line with best practices, standardizes processes and related standards in term of Business case financial submissions to enhance, facilitate and improve the process.
• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
• Demonstrate compliance to organizations values and ethics at all times to support the establishment of a value drive culture within the bank.

Continuous Improvement

• Conducts stakeholder awareness programs on the business case financial submission processes, leading practices and standards

QualificationsMinimum Experience

• Must have Bachelors degree.
• Required: - Professional qualified Accountant (CA, ACCA etc) or Masters level qualification

Minimum Experience

• 10+ years relevant experience in the banking sector with at least 10 years in similar positions of progressively increasing managerial responsibilities in the Finance function.
• Demonstrated ability to successfully manage and motivate a team of Finance professionals.
• Experience in leading a team and working with senior/ management stakeholders on a regular basis
• Ability to respond to and resolve issues & needs within team as well as business stakeholders
• Must be detail-oriented but not lose sight of the big picture. Ability to multi-task and work under pressure while delivering high quality results is crucial

Additional InformationAssist in the overall financial reporting and analysis of FABs Group Strategic Project Portfolio.

Keyskills :

About Company

FAB, the UAE’s largest bank and one of the world’s 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 bank’s 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.