Financial Reporting Officer

Department Icon Accounting & Finance
137+ Applicants
Posted: 2 years ago
2-5 years
Dubai, United Arab Emirates
Work From Office

Posted: 2 years ago
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Applicants: 139+
Job Description
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Job Description

Summary:

Financial Reporting officer assists the Head of Regulatory & Financial reporting in all matters related to Capital management and provision function as well as manage and supervise the following functions: - Assist in the Banks Capital Management Structure planning to reach the most optimal & Efficient Capital Mix. - Perform, Support and coordinate end to end the implementation of the upcoming Capital Management regulations from Finance perspective. - Support the monitoring Capital management reporting According to CBUAE Limits. - Design the implementation of control reports used to Prevent insufficient capital for business growth. - Provide opinion, advice, and solutions across the bank.

Duties and Responsibilities

- Support Planning of the capital structure of the Bank & perform all the finance related tasks under ICAAP including provide the CAR & CAR Forecast, solvency ratios through the Dynamic Module.

- Maintain a good relationship with CB Inspection and the relationship with CB in all matters related to Capital Management requirements.

- Ensure the Accuracy & Integrity of Capital Management Reports from a Finance perspective and ensure its complying with CBUAE regulations.

- Perform the Handling and the closing of any issue regarding capital Management reporting within the limit time provided including multiple of Ad- hocks that is on a continuous base.

- Preparing Capital Increase study and all procedures of Capital increase process.

- Support and coordinate end to end the implementation of the upcoming Capital Management regulations from a Finance perspective.

- Support and assist end to end the implementation of the upcoming regulations from Capital perspective.

- Design the implementation of control reports used to Prevent insufficient capital for business growth.

- Present the provisions analysis and study for the Impairment Committees Approval.

- Monitor Expected Credit loss, Legal provision, and other provision calculations.

Behavioral Skills:

- Collaboration & Creating Synergy

- Innovation & Go Digital

- People Centricity

- Agility & Resilience

- Negotiation skills

Technical Skills:

- Problem-solving Ability.

- Strategic Thinking

- Global banking Expertise

- Data Visualization & Presentation

Looking to get Placed? Try our Placement Guarantee Plan

Technological Competencies:

- Microsoft Word and Excel.

- Banking system

Qualifications and Experience:

- Bachelor’s degree in accounting, Economics, Business, or a related technical field.

- Minimum 2-5 years of banking experience

- Post-graduate certification is an advantage.

- Fluent in English Language (Reading, Writing & Oral).

Residency

Must have UAE Residence

Skills

AccountingBankingFinancial ReportingManagement ReportingFinanceProvision

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Important dates & deadlines?

Application Deadline

05 Apr 24, 11:28 AM IST

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