Job details
Join a leading international financial institution as an Assistant Vice President - Financial Accounting . This role is ideal for an experienced finance professional eager to lead budgeting, business planning, and financial analysis across global and domestic divisions. Key Responsibilities A. Shareholder & Financial
- Budgeting Leadership: Drive the annual budgeting process across all divisions and departments, promoting consistent business planning and rigorous budget reviews.
- MIS Reporting: Ensure timely and accurate preparation of MIS reports for management and Board review, enabling close monitoring of business performance.
- KPI Implementation: Define and track key performance indicators (KPIs) and integrate best practices in financial budgeting and business planning.
- Cost Management: Foster a cost-conscious culture, enhancing productivity and reducing waste to maximize financial benefits.
- Cross-Department Collaboration: Work with department heads to facilitate the budgeting process, addressing any major budget deviations proactively.
- Stakeholder Engagement: Build and maintain effective relationships across all related departments to achieve the Group's objectives.
- IT Liaison: Collaborate with the IT department to resolve system requirements for budget reporting, ensuring smooth operational support.
- Customer Support: Respond to internal inquiries about products and services, providing solutions aligned with the Group's objectives.
- SLAs & Compliance: Adhere to Service Level Agreements (SLAs) to improve turnaround times, and provide accurate data to auditors and compliance teams as needed.
- Budgeting & Forecasting: Lead budgeting and forecasting activities across both domestic and international business units, implementing effective control procedures.
- Tool Development: Develop and enhance budgeting tools and techniques to support the Group’s needs.
- Financial Controls: Ensure strict adherence to financial control policies, coordinating with IT to address system inaccuracies.
- Policy Development: Establish and refine the Group’s budgetary policy framework, templates, and monitoring structures for complete budget control.
- Team Management: Oversee, train, and support the budgeting team, ensuring operational efficiency and development.
- Regulatory Awareness: Stay current on all budgeting regulations and best practices, and share relevant knowledge within the team.
- Professional Growth: Pursue professional development opportunities and foster a growth-oriented environment for team members.
- Team Training: Develop and train the budgeting team to maintain a high standard of financial reporting and MIS capabilities.
- Confidentiality & Ethics: Uphold high standards of confidentiality and integrity to safeguard sensitive information.
- Compliance Adherence: Fully comply with all legal, regulatory, and internal policies, including AML & CTF, sanctions, data protection, and fraud control.
- Education: Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Information Technology, or related field; a Master’s degree is preferred.
- Experience: Minimum of 10 years of relevant experience, ideally within a top-tier international banking environment.
- Certifications: Professional certifications (e.g., CPA, CA, CFA) are a plus.
- Financial Reporting Knowledge: Strong understanding of financial reporting standards (e.g., IFRS, IAS).
- Budgeting Expertise: Proficiency in budgeting tools and techniques.
- Analytical Skills: Excellent analytical and problem-solving skills.
- Interpersonal Skills: Strong relationship-building and communication abilities.
- Language Skills: Fluent in English; proficiency in Arabic is preferred.
- Pressure Management: Ability to work effectively under pressure and deliver high-quality results.
- Align activities with the Group’s strategic plan, budget targets, regulations, and best practices.
- Operate within the limits of the delegation of authority structure.
- Internal Stakeholders: Collaborate closely with SVP and VPs across divisions, departments, and branches.
- External Contacts: Liaise with regulatory authorities, external auditors, and professional associations as needed.
- IT Coordination: Work with IT personnel to address MIS-related system issues effecti
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Hiring company
Ateca Consulting
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