Vice President-Core Banking-Finance Lead
Accounting & Finance
137+ Applicants
Posted: 9 months ago
5-15 years
Karnataka
Work from Office
Posted: 9 months ago
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Applicants: 137+
Job Description
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Job Description
- Lead the finance team in the successful implementation of the core banking system (Oracle Flexcube) across Mashreq geographies by acting as the primary interface between the finance department and the project implementation team. Ensure compliance with IFRS, alignment with organizational financial processes, and seamless integration of the new system into financial reporting and controls. Act as the finance team's primary representative in the core banking system implementation project. Collaborate with cross-functional teams, including IT, operations, and external consultants, to ensure finance requirements are met. Lead gap analysis sessions for finance functionalities and oversee resolution strategies. Design and validate finance-specific configurations within Oracle Flexcube, ensuring alignment with IFRS and local regulatory requirements. Lead the design of chart of accounts, financial controls, and reporting structures in the new system. Coordinate data migration activities, ensuring accurate transfer of finance-related historical data. Ensure the system implementation supports IFRS-compliant financial reporting and disclosures. Collaborate with external auditors to validate compliance during and post-implementation phases. Drive automation in financial statement preparation, reconciliation processes, and internal controls. Develop and execute testing strategies, including UAT (User Acceptance Testing) and system validations for finance modules. Deliver training and knowledge-sharing sessions to finance team members on the use of Oracle Flexcube. Drive change management initiatives, ensuring smooth transition and adoption of the new system within the finance department. Proactively identify and resolve project risks, issues, and delays related to finance deliverables.
Education & Certifications: Professional qualification such as CA, CPA, ACCA, or equivalent. Certification in IFRS is a strong advantage.
Experience: Minimum of 15 years of experience in finance roles, with at least 5 years in system implementation. Demonstrated experience in implementing core banking systems, particularly Oracle Flexcube. Sound knowledge of IFRS, internal controls, and financial reporting systems.
Technical Skills: Expertise in Oracle Flexcube configurations for finance modules. Proficient in financial data migration and reconciliation techniques. Strong understanding of system integrations and ERP systems.
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Behavioral Skills: Exceptional leadership and team management skills. Excellent communication and stakeholder management abilities. Strong problem-solving skills and attention to detail. Ability to work under pressure and meet tight deadlines.
The leading financial institution in MENA, while more than half a century old, proudly thinks like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, pioneering key innovations and developments in banking and financial services. The mandate is to help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders" value. Actively contributing to the community through responsible banking in the mission to inspire more people to Rise.,
Skills
FlexcubeErpGap AnalysisManagement SkillsReportingCaOracle FlexcubeStakeholder ManagementChange ManagementFinanceFinancial ReportingInternal ControlsChart Of AccountsFinancial ControlsProblemSolvingData MigrationSystem ImplementationTeam ManagementERP SystemsIFRSUser Acceptance TestingIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Mashreqbank is a leading financial institution in the Middle East, offering a wide range of banking and financial services to individuals and corporations.
Important dates & deadlines?
Application Deadline
09 Oct 25, 03:10 PM IST
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