VP, FP&A Business Finance - Islamic Banking & NHL
First Abu Dhabi Bank View all jobs
- Abu Dhabi
- Permanent
- Full-time
- To act as a Business Finance Partner for Islamic Banking and provide advisory insights to the business.
- To act as a trusted finance advisor on business performance and strategic issues.
- To support and lead with the regular performance reviews conducted with the business.
- To manage the preparation of monthly management reporting packs.
- To support with the annual budget exercise and monitor financial performance vs budget.
- To act as a liaison with Group FP&A to ensure accurate product/line of business for upstream data integrity.
- To assess and ensure transparency in the financial performance of the business divisions.
- To ensure that disclosure of our financial performance meets regulatory requirements and other relevant standards (accounting, governance, etc.).
- To support managing various financial control and risk management dimensions for the business.
- To support managing external and internal audit requirements, and successfully address all audit findings and recommendations implementation.
- To contribute towards the learning and development of junior members the team to enable them to perform their roles in an effective manner.
- Support with the review of the financial performance for Islamic Banking Businesses and provide objective, value added commentary and insights for the business.
- Support Group Finance functions on matters associated with Islamic Banking, specifically for financial and regulatory reporting, treasury matters, financial performance management and analysis, tax and financial control.
- Provide advice to the relevant business teams on new/existing products, processes and business arrangements relating to financial and regulatory reporting compliance.
- Identify key risks within the Islamic Banking Businesses, particularly financial, and coordinate relevant stakeholders as appropriate to put in place appropriate risk mitigation plans and ensure risks are incorporated into the business planning and strategy phases.
- Coordinate with Group Treasury on any FTP, balance sheet, capital and liquidity management matters affecting the Business and pricing.
- Review the budgets for key strategic projects and change management initiatives for Islamic Banking & NHL, and ensure they are effectively managed and monitored across teams.
- Monitor the performance of Islamic Banking and use MI reports to enhance performance and aid strategic decision-making as well as manage areas of under-performance.
- Ensure accurate and timely MI reporting to assist business partners and management in decision making with detailed analysis - covering revenue, costs, balance sheet lines, AUM balances and key ratios.
- Preparation of the rolling forecast in collaboration with Business / product heads in the UAE and the relevant international locations and identify areas of concern as well as opportunities/initiatives for growth.
- Preparation of the detailed customer-wise profitability and margin analysis by segment/product.
- Preparation of any ad-hoc reports/analysis to drive improved business performance and enable better decision-making.
- Bachelor's degree in Accounting or Banking & Finance.
- Accounting qualification (e.g. CPA, ACCA, CA).
- Around 10 years of working experience within the FP&A and / or Business Finance areas in the banking industry.
- Good understanding of international accounting standards (i.e. IFRS and IAS).
- Solid analytical and organizational skills and ability to work under pressure and manage multiple tasks simultaneously.
- Excellent written and verbal communication skills and strong ability to communicate with senior stakeholders clearly and effectively.
- Strong analytical, conflict resolution and problem-solving skills.