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Job Description
Responsible for Head Office accounting functions
Responsible for monthly consolidated group financial statements including quarterly / reviewed financials and annual financials prepared as per International Financial Reporting Standards (IFRS).
Coordination with external auditor for Quarterly & Annual Financials for MB Group including their audit, regulatory approvals, management letter, publication & printing of Group Annual Report and preparation of related MIS in line with UAE Central Bank guidelines and IFRS.
Manage accounting functions including maintenance of all accounting records pertaining to Head Office branch and related arrangements & recording of income from other sources etc.
Review / analyze new General Ledger (GL) requirement, arrange set up of new GL Accounts in Flexcube and OGL and Inter HO/branches accounts.
Coordinate/Support in testing of new products development, implementation of new accounting banking systems or their upgrade, new initiatives etc.
Pass transactions & maintain/record of overseas branches Capital/Un-remitted P/L, Additional Reserve and related transfer of funds etc.
Prepare working and arrange Head Office Management Fee Certificates from external auditors for overseas branches as per requirement.
Design formats/prepare specification, test and implement IFRS reporting and consolidation system in UAE & overseas branches to align with the change/revision in the IFRS disclosure requirement.
Review audit engagement letters and invoices for correctness and arrange this to be signed.
Assist in fulfilling the requirement for Annual General Meeting (AGM) for MB Group in terms of Annual Report, Consolidated Financials, Pillar 3, financial results folder with CD, providing information for presentation to Board of Directors, publication on MB Website.
Assist in other functions viz.
preparation of APPM, Voucher posting, auditors letter to Management and prepare/update SOPs/flow chart for existing and new functions as and when changes are made.
The incumbent should be a Chartered Accountant (CA), Certified Public Accountant (CPA), or ACCA with over 10 years of experience in financial reporting and accounting with Strong knowledge of IFRS and its application.
Good system knowledge of core banking applications like, Flexcube
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? 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.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
Responsible for monthly consolidated group financial statements including quarterly / reviewed financials and annual financials prepared as per International Financial Reporting Standards (IFRS).
Coordination with external auditor for Quarterly & Annual Financials for MB Group including their audit, regulatory approvals, management letter, publication & printing of Group Annual Report and preparation of related MIS in line with UAE Central Bank guidelines and IFRS.
Manage accounting functions including maintenance of all accounting records pertaining to Head Office branch and related arrangements & recording of income from other sources etc.
Review / analyze new General Ledger (GL) requirement, arrange set up of new GL Accounts in Flexcube and OGL and Inter HO/branches accounts.
Coordinate/Support in testing of new products development, implementation of new accounting banking systems or their upgrade, new initiatives etc.
Pass transactions & maintain/record of overseas branches Capital/Un-remitted P/L, Additional Reserve and related transfer of funds etc.
Prepare working and arrange Head Office Management Fee Certificates from external auditors for overseas branches as per requirement.
Design formats/prepare specification, test and implement IFRS reporting and consolidation system in UAE & overseas branches to align with the change/revision in the IFRS disclosure requirement.
Review audit engagement letters and invoices for correctness and arrange this to be signed.
Assist in fulfilling the requirement for Annual General Meeting (AGM) for MB Group in terms of Annual Report, Consolidated Financials, Pillar 3, financial results folder with CD, providing information for presentation to Board of Directors, publication on MB Website.
Assist in other functions viz.
preparation of APPM, Voucher posting, auditors letter to Management and prepare/update SOPs/flow chart for existing and new functions as and when changes are made.
The incumbent should be a Chartered Accountant (CA), Certified Public Accountant (CPA), or ACCA with over 10 years of experience in financial reporting and accounting with Strong knowledge of IFRS and its application.
Good system knowledge of core banking applications like, Flexcube
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? 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.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
