Assistant Finance Controller – Financial Services
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- أبو ظبي
- دائم
- دوام كامل
In addition to a competitive tax-free salary and excellent benefits, you'll work in a professional, collaborative environment with a diverse team and numerous opportunities. Our client offers a rewarding career experience and is excited to connect with individuals seeking new challenges.Who you are
You are a detail-oriented and results-driven Financial Controller with a strong background in financial reporting, budgeting, and regulatory compliance within the financial services industry.
Skills & Competencies:
- High degree of accountability and integrity
- Excellent interpersonal and communication skills
- Strong problem-solving and decision-making capabilities
- Demonstrate strong knowledge in forecasting models, data analysis along with clarity in the application of IFRS & IAS standards.
- High degree of Accountability, Integrity & Responsibility in all tasks assigned.
- Qualified Finance Professional holding CA / CPA / CMA / ACCA
- Minimum 15 years work experience, with at least 5-10 years in a managerial role in Finance
- Preferably from Financial Services/ Remittance / Insurance/ Banking industries
In this role, you will be responsible in managing Divisional Financial Controls, Strategic Planning, Reporting & Analytics, Risk Management and Stakeholder relations, ensuring Financial integrity and alignment with organizational goals.Role & Responsibilities:
- Ensure and assess timely preparation and review of monthly MIS, P/L, BS, KPI and other operational activities including Cash Management, CAPEX & Working Capital Management
- Collaborate closely with finance and operations team for financial control, cash management and other relevant operational aspects on a daily basis.
- Ensure timely and accurate financial reporting that is compliant with statutory regulations and is free of financial irregularities.
- Review of Bank guarantees, payables, fixed assets, internal audit and compliance reports and ensure budget and overheads control with coordination with operations team.
- Identify, Escalate and mitigate Financial Risks.
- Contribute to all the modernization of finance processes, controls reporting team and organization.
- Develop or recommend practical solutions to address financial challenges or issues.
- Strive to improve revenue and profits of all departments by focusing on topline growth as well as scouting for various cost saving initiatives.
- Prepare monthly budgets and financial statements within timelines.
- Ensure that all Insurance claims and related liabilities are settled in a timely and effective manner.
- Oversee Accounts payables and Accounts receivables by verifying all vendor payments and manage/follow-ups to ensure collections within due date.
- Continuously review and recommend changes to policies and procedures to exercise effective financial controls.
- Ensure compliance with the same by the Operating Management.
- Collect and analyze, review financial statements for meaningful comparison (trend analysis, variance analysis, benchmarking, KPIs, etc.)
- Expert working knowledge of IFRS 17
- Hands on experience in submission of data/ information/ reports to Central Bank
- Familiar with compliances of Industry related regulatory bodies (ie., IRU & CBK)
- Closely work with the team to resolve any discrepancies.
- Review financial implications and payouts of incentive schemes and provide feedback on their feasibility and effectiveness.
- Maintain audit trails and implement audit report recommendations issued by internal and external auditors.
- Liaise with external auditors to ensure that financial results are reported on time.
- Perform routine activities in accordance with agreed deadlines, standards and discharge any other task assigned by superiors in a timely and effective manner.
- Strong interpersonal skills with the ability to foster teamwork while handling sensitive and confidential information with discretion.
- Manage and handle grievances raised by subordinates in a prompt and effective manner and escalate as required.
- Monitor performance of finance personnel on financial and non-financial parameters such as cost savings achieved, internal customer responsiveness, teamwork, and technical acumen