[Hiring] Manager - Financial Control @Mashreq

Role Description

This role focuses on ensuring the accuracy, compliance, and integrity of the Sundry GLs and Internal Accounts from a financial reporting perspective. The incumbent will perform monthly variance analysis, manage escalation and exception processes, critically review Sundry Accounts to minimize financial risks, and oversee key financial and internal control functions.

• Responsible for preparation & managing of Group level NPL Classified advances and Provisions and IFRS 9 ECL.
• Conduct periodic reviews of Sundry GLs and Internal Accounts, ensuring accuracy, completeness, and compliance with accounting standards and internal policies.
• Review and submit periodic Sundry Account reports, providing detailed insights, variance explanations, and recommendations for improvement.
• Perform comprehensive monthly variance analysis for Sundry GLs and Internal Accounts, ensuring timely identification of deviations from expected performance.
• Conduct critical review, maintenance and exception reporting of MB Group Sundry Accounts in Oracle system, specifically for UAE branches and coordinate for Subsidiary companies and Overseas branches thereby minimizing any financial risk / loss to the Bank.
• Responsible for Financial and internal controls functions such as monthly Reverse balances, abnormal balances, Mismatch balances monitoring, GL Subsidiary differences, business purpose code etc.
• Followed by performance of month-end closing including post-closing adjustments preparation and submission.
• Assist in monitoring of Charge /Write Off Accounts as per bank policies in coordination with respective business units including reporting of Recoveries of Written Off accounts.
• Ensure timely reconciliation and clearance of outstanding entries of Nostro Mirror accounts for UAE.
• Responsible for managing the Access review functions for various systems and functions under the financial reporting unit.
• Ensure SLA/SOP/APPM is defined and updated at regular intervals for the unit in line with Banks policy.
• Responsible for exception management as per the Governance Framework.

Qualifications

• Chartered Accountant (CA), ACCA, CPA, or equivalent qualification is required.
• Minimum 6 to 7 years of experience in financial reporting, accounting, or internal controls, with a preference for experience in the banking or financial services sector.
• Proven track record in managing General Ledger accounts, variance analysis, and financial controls in a large organization.

Requirements

• Strong knowledge of IFRS and regulatory reporting standards applicable to the banking sector.
• Expertise in financial analysis, reconciliations, and exception management.
• Proficiency in using core banking systems, accounting software, and advanced Excel tools.
• Knowledge of internal controls over financial reporting (ICFR).

Company Description