First Abu Dhabi Bank | AVP & Manager, Payroll Accounting & Governance

Responsibilities

• Promote the organisation’s values and ethics in all activities within the team in order to support the establishment of a value drive culture within the bank.
• Strives to achieve the highest levels of proficiency on all the competencies and skills required to perform the role.
• Providing specialist advice and assistance across the organisation on a range of policy, procedural, governance matter related to Payroll & Payments.
• Monitor the daily /monthly transaction and cost booking & develop disclosure for communicating with external and internal Auditor.
• Establishes and monitors internal controls to ensure accounting standards are met; develops and implements policies and procedures relating to accounting activities.
• Coordinate with Group Finance and manage the month-end and year-end close process and prepares related reports.
• Act as point of contact with Internal and External Auditors from Payroll Function.
• Prepare various payroll and accounting reports auditors for annual and ad-hoc audits.
• Responsible to maintain action plan for implementing audit recommendations.
• Manage and implement the HR Payroll & Payment Risk Framework which include, RCSA, KRI, Standard Operating Procedures.
• Manage FAB Accounts with the 3rd party vendors including payment.
• Manage & monitor the monthly provisions and amortization booking and ensure reflect the update relevant RC and period as per OE direction and finance budget YTD cost.
• Monitor the Incentives, life and medical insurance payments, and keep tracking for costing and booking entries.
• Monitor the Pension compliance dashboard, and identify any action plan for improvement/correction actions.
• Provide on-the-job training and constructive feedback to assigned team to support their overall development.
• Provide inputs and implement policies, systems and procedure for the assigned team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
• Organise and supervise the work of the assigned team to ensure that all work within a specific area of the activity is carried out in an efficient manner, which is consistent with operating procedures and policy.
• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction & check the system capabilities for accuracy, integrity and functionality for any potential enhancement
• Make FAB the preferred partner for customers and build long term relationships in the best interest of the Bank.
• Making logical comparisons of possible outcomes and coming up with the best possible solutions to problems.

Requirements

• Understanding problems by breaking them into smaller parts and identifying risk-return implications in a systematic way.
• 6 years & above with relevant experience in Payroll and finance function with at least 5 years in similar positions of progressively increasing managerial responsibilities.

First Abu Dhabi Bank

First Abu Dhabi Bank is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Abu Dhabi and Dubai.

• Industry: BFSI / Investments / Insurance