Finance & Support Services Officer (Audit Background Welcome) One-Year Contract

• The Officer will support the Finance Manager in the preparation and production of all Financial, Regulatory, Internal MIS, and ALCO reporting as required. He/she will also co-monitor all prudential and financial ratios and take necessary steps to ensure the Branch is fully compliant with policies set out by the regulator and by the Head Office.
• Additionally, the Officer shall assist in the processing/posting of financial transactions related to the Income and Expenditures of the Branch.

• Assist in the preparation of regulatory returns, financial reports, disclosures, tax reporting, internal finance MIS and ALCO reports.
• Monitor and track Branch costs ensuring that (1) expenses remain within the approved annual budget (2) approvals are in place for any exceptions (3) expenses are verified.
• Provide financial analyses as needed, including calculation of variances from the budget and report significant issues to management
• Maintain an orderly and documented accounting, finance & MIS filing system. Ensure that Income and Expenditure vouchers are correctly posted/recorded.
• Support in the new product launches and new system implementation.
• Perform User Acceptance Testing (UAT) on the development of new products, and new system implementation in financial or regulatory reports.
• Support in the calculation of ALCO ratios and preparation of necessary report/forecast of liquidity ratios as needed
• Coordinate the provision of information to external and internal auditors for the annual audit
• Perform Risks & Controls Self-Assessment (RCSA) on various processes related to the Finance function.

• Ensure that accounts payable are settled in a timely manner and accounts receivable are collected promptly
• Ensure that periodic bank reconciliations are completed
• Ensure that payments obligations are made on a timely basis
• Ensure interest rates of both branch assets and liabilities are calculated accurately prior to disbursement/settlement
• Ensure that receipt and payment from Nostro or Vostro accounts are recorded correctly

• Prepare daily position for management review.
• Prepare daily funding position.
• Ensure maintenance of proper documents of every deal and its filing

• Solve issues and take day-to-day calls during high-impact project implementations such as ERP, Core banking replacement, Tax management systems, etc.
• Handle problems from external auditors, regulatory inspection audits, tax audits and related queries, and other ad-hoc requirements from local and CBUAE regulators.
• Knowledge of Finance, TRADE FINANCE, accounting /audit, treasury ops backup
• Attention to detail, able to attend to multiple tasks in a time-bound manner.
• Degree holder with at least 3 years of Audit/ accounting experience

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