Assistant Manager Business Controls

Job Title

Assistant Manager – Business Controls

Organisation Unit Purpose

ENBD Services Business control is the business facing control team supporting the various business/ support units e.g. WB, Retail, Treasury, ITO, GOPS and ENBD Services. This unit is responsible for ensuring adequate control/ checks are in place, identifying, escalating and mitigating risk, resolving financial and accounting relating issues, driving group project/ initiatives etc.

Job Purpose

The job holder will be part of the Financial Control Pillar and will support Business Controls Function

Job Content

Financial Controls and reconciliations

• Timeliness and accuracy
• Risk identification, management and mitigation
• Issue Resolutions
• Adherence to policy and procedures
• Robust Control mechanism
• Prepare dashboard to Group CFO on controls related issues
• To perform daily/ monthly reconciliations (Balance sheet, Suspense balance, interest, balances etc) at all levels in a timely and accurate manner.
• To follow up in order to ensure resolution of reconciliation differences between GL & Transaction processing systems.
• To support all accounting and other related requirements including Office accounts creation, maintenance etc.
• Performing checks of both Balance sheet and P&L balances with necessary and appropriate substantiation at regular intervals.
• To support business/ finance/ other stakeholders to launch new initiatives/processes including modification there to and driving projects/ initiatives impacting finance..
• Conducting Finance related UAT.
• Preparation of accounting Memo, concept paper etc.
• To prepare and post necessary entries after necessary approvals and keeping track there to.
• To support in developing, implementing, and ensuring compliance with internal financial and accounting policies and procedures and IFRS for products/ processes
• Timely escalation of exceptions/deviations
• To suggest and implement process improvements to address any control gaps
• To work closely with Finance systems team and IT to automate processes and eliminate manual intervention to the extent possible
• Collation of required reports from sub systems / GL , summaries /consolidate as per Business Finance requirements
• To track key indicators and provide necessary information for required analysis
• Supporting other Group units including subsidiaries and international locations.
• Maintaining tracker of operational and system issue , liasing with IT or stakeholders till closure
• Handling of adhoc queries/reports

Person Specifications

Education

• Qualified accountant - CA/ACCA/CFA/MBA Finance

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Experiences

• 5 -10 years of total work experience in the Finance function of a large bank with exposure to business finance

Knowledge & Skills

• Technical
• Managerial
• A thorough understanding of finance and accounting concepts

Strong computer skills in MS Office and prior experience of working in an ERP system (Oracle, SAP etc)

Behavioral Competencies

• Thinking Related
• People Related
• Self Related
• Ability to work under pressure with minimal supervision.
• Comfortable to work in a multi-cultural environment. Good inter personal skills to liaise with various departments such as IT, Operations and Front Office.
• Team player
• Ability to provide suggestions for process improvements