banking jobs in UAE | Commercial Bank International careers
Commercial Bank International announced, through its Linkedin account, a bank job in UAE (Manager Financial Reporting) according to the following:
- The purpose of this role is to ensure the accurate and timely preparation and review of the bank's financial statements in accordance with IFRS, conduct analysis to resolve discrepancies, and meet all reporting requirements.
- The role involves collaborating with other departments, supporting audits, monitoring regulatory compliance, and continuously improving financial reporting processes to support effective decision-making and maintaining the integrity of financial information.
- Preparation and review of consolidated financial statements in accordance with International Financial Reporting Standards (IFRS).
- Conducting an analytical review process to explain the movement in financial numbers.
- Reviewing product programs and functional design documents from a finance perspective, focusing on accounting and reporting aspects.
- Ensuring timely delivery and high quality of all internal and external reporting requirements.
- Understanding and applying accounting standards (IFRS) including the ability to evaluate accounting topics and prepare memos.
- Support with accounting requirements and changes from system perspective.
- Managing financials of subsidiary companies and reporting requirements of associates and strategic investments.
- Working closely with other departments to support cross-functional initiatives and projects, providing financial guidance and recommendations.
- Assisting external auditors during the audit of the Bank’s consolidated financial statements.
- Working with the risk team to understand and track the ECL and NPL reporting.
- Identifying opportunities to streamline financial reporting processes, enhance reporting accuracy, and implement best practices.
- Preparing ad hoc financial reports and analysis as requested by senior management.
- Bachelors degree in Finance, Accounting, Commerce or other related field
- A professional qualification (e.g., CPA, ACCA, CA) is mandatory
- Minimum of 6 to 9 years of post-degree experience in the banking or finance sector performing financial accounting and reporting activities.
- Strong knowledge of banking products and services
- Excellent understanding of International Financial Reporting Standards (IFRS).
- Excellent oral and written communication in English.
- Systems knowledge and an advanced level of expertise in MS Excel, PowerPoint, and Word.
- Attention to detail, accuracy, and ability to work under pressure and meet deadlines.
- Effective communication and interpersonal skills to collaborate with various stakeholders.
To know more details about the vacancy and how to apply kindly check the link below:
Are you looking for jobs in banking? Join [insh20 - banking jobs] on Telegram