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First Abu Dhabi Bank

First Abu Dhabi Bank | Manager, Business Finance - WBG (Emiratized)

Abu Dhabi · Must have bachelor's degree; Professional qualified Accountant (CA, ACCA etc.) or master's level qualification

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Job Highlights

Responsibilities

  • Promote the organization's core values and ethics in all activities Within the team & wider organization to support the establishment Of a value driven culture Within the bank.
  • Provide monthly financial reports to Support Divisions with detailed variance analysis and focus on cost analysis etc.
  • Owner of the end-to-end Cost Allocation process for the Group.
  • Provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement Of team objectives and completion Of tasks in a timely and efficient manner.
  • Monitor & overview Cost Allocation financial performance Of a given area Of activity versus budget and ensure all activities are carried out in line With the approved guidelines while reporting on any variances to management.
  • Identify risks & opportunities & advise management on measures to facilitate further decision making.
  • Provide inputs and implement policies, systems and procedures for the assigned team so that all relevant procedural/legislative requirements are fulfilled while delivering a quality & cost-effective service.
  • Participate in the identification Of opportunities for continuous improvement and sustainability Of systems, processes and practices considering global standards, productivity improvement and cost reduction.
  • Prepare sectional statements and reports timely and accurately to meet Business and/or department requirements, policies and quality standards.
  • Manage the month end Cost Allocation Process for FAB UAE Enablement functions.
  • Preparation and development of the monthly MI reports for the enablement functions cost allocations and handle reporting issues for the same.
  • Provide analysis of re Enablement functions cost allocations actuals etc. to relevant stakeholders as well as identifying actions for corrective measures.
  • Implementing various reports at the request of stakeholders.
  • Analysis of the cost allocation charges and providing adjustments where necessary.
  • Assist in the Budget process for enablement functions cost allocations and in setting up the budget templates.
  • Budgeting and Financial Performance

Requirements

  • 15 years' relevant experience in the banking sector with at least IO years in similar positions of progressively increasing managerial responsibilities in the Finance function.
  • Demonstrated ability to successfully manage and motivate a team of Finance professionals.
  • Experience in leading a team and working with senior/ management stakeholders on a daily basis.
  • Ability to respond to and resolve issues & needs within team as well as business stakeholders.
  • Must be detail-oriented but not lose sight of the 'big picture'.
  • Ability to multi-task and work under pressure while delivering high quality results is crucial.

About the company

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
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