AVP- Financial Planning & Analysis

Job Description

KEY ACCOUNTABILITIES:

• MI & Reporting Functions
  • Prepare the monthly performance packs for the Islamic CB / PB and NHL businesses including detailed commentary on the results within the agreedtimelines.
  • Facilitate the Business reviews and discussions at the monthly Business review meetings involving CEO Islamic & NHL and other key business stakeholders. Support the CFO Islamic Banking in the business review meetings
  • Support business units with Qualitative, Insightful MIS reports
  • To support with the preparation of FTP/NIM analysis and coordinate with the business and other relevant stakeholders (e.g. Group Treasury) to properly explain the variances
  • To support with the review of cost and expense items, and independently conduct variance analysis and appropriately documenting the same

• Month end closing:
  • Completing all the month end adjustments in source systems for Islamic CB / PB and NHL businesses
  • Review of the month end results for CB, PB Islamic and NHL and passing required monthly adjustments in OneSumX
  • Perform Analytical Review and Yield analysis on the month end results
  • Ensure reconciliations are prepared and necessary control checks are performed to ensure the integrity of the month end financials
• Business Partnering
  • Advisor to the NHL business on accounting/finance matters relating to existing and new Business Initiatives
  • Ensure effective cost management for the NHL business which should be in alignment with group strategic plan
  • Build strong relations with the NHL Product and Business team and other key stake holders in the Business to shape and deliver business strategies
  • Coordinate, advise, prepare and consolidate the NHL business plans and liaise with various divisions and group
• Other
  • Ensure that all Internal Controls over financial reporting are fully in place and are operating effectively. In this respect, manage the Country / Business inventory of key controls and monitor the continued operation of these controls through the self-assessment process.
  • Support CFO in implementing the Group Financial Control Strategic projects as directed by Group FCD
  • Improve processes by automation of Reports

Specific Accountability

• Provide support as and when necessary to other Islamic Finance team members in the preparation of the consolidated Islamic performance pack
• Pricing Committee: Actively support the Pricing Committee Secretary to deliver all activities relating to CB Pricing Committee forum
• To provide the required information for the purpose of external and internal audit requirements and support with the resolution of relevant audit findings and recommendations
• To address accounting queries received from the business.
• To execute any ad-hoc assignments as required by the line manager.
• Cross train junior colleagues to acquaint with other activities of the Islamic Finance function in order to ensure smooth running of the division/business

QualificationsMinimum Qualification

• Bachelor degree Finance or Accounting
• Accounting qualification is preferred (e.g. CPA, ACCA, CA, etc.).

Minimum Experience and Skills

• 5-10 years of experience across finance or accounting.
• Intermediate MS Office skills (especially Excel and PowerPoint) and intermediate Power BI skills.
• Very good command of the English language skills (spoken, written and read).
• Very good interpersonal, communication and management skills.
• Intermediate knowledge of financial analysis, reporting and performance management.
• Ability to work under pressure and within short deadlines.
• Ability to independently interact with internal stakeholders.
• Strong team player with keen analytical skills and attention to detail.
• Ability to deal with people from different cultures and nationalities

Additional InformationThis role is mainly responsible for the month-end close activities and preparation of various financial reports and analysis, for the purpose of enabling the regular business reviews conducted for the Islamic CB / PB & NHL Businesses. The role is also responsible for business finance partnering with the NHL Business Team.

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.