Assistant Manager, Financial Reporting

DESCRIPTION

Operating in the UAE for over ‎50 years, CBD manages the financial requirements
of some of the largest corporates and businesses operating in the country,
driving the UAE economy. Over the years, CBD has transformed into a
progressive and modern banking institution winning multiple awards for its
digital initiatives, credit cards, bank accounts, mobile app features and
services.

CBD has been recognized as the number one bank in the UAE on the Forbes list
of The World's Best Banks ‎2022.

As we continue to build upon our successes, we are looking for ambitious
individuals who are passionate about the banking and finance industry and the
markets in which CBD operates. Just as important to us is your ability to
demonstrate a talent for dealing with people - your colleagues and our
customers - and delivering service that really goes the extra mile.

In this role, you will provide support to Head of Finance, Financial Reporting
by ensuring the full compliance with all the requirements from the local
regulators' specially the CBUAE and drive strategic initiatives

Responsibilities include but are not limited to:

‎1. Supervising the preparation and submission of various financial & non-
financial reports to the Central Bank of the UAE (CBUAE) at various
frequencies (adhoc, fortnightly, monthly, quarterly, half yearly, and
annually).

‎2. Lead in the preparation of annual and interim financial statement along
with financial disclosures in line with IFRS, CBUAE regulations (BASEL -III
disclosure requirements) and requirements of other regulatory bodies.

‎3. Responsible for ensuring smooth month end/year end accounting cycle and
ensure all regulatory related data have been processed with due professional
care and with internal controls.

‎4. Ensure that all reporting to CBUAE are with due professional care without
any error/omission and meet the stipulated time line set by the CBUAE.

‎5. Responsible for CBUAE reporting programme (BRF) in coordination with IT,
this is required to update change and automation in compliance with CB
circulars / guidelines.

‎6. Preparation of various working/details for Basel III capital calculation
with risk unit for submission to CBUAE.

‎7. Coordinate for liaising with CBUAE audits related to CBUAE reporting data
of finance department.

‎8. Reporting FATCA & CRS, and ensure internal compliance with the
requirement in cooperation with compliance department.

‎9. Coordinate and contribute to the implementation of new accounting
standards.

‎10. Co-ordinate with IT and other relevant Departments in relation to the
accounting and regulatory reporting procedures for new products and testing of
newly developed financial programmes.

‎11. Supervising submission of statistical returns to various
Emirates/Ministries with due professional care and without error or omissions.

‎12. Take on other areas of accountabilities through job rotation within the
Department to gain wider exposure, experience, and knowledge.

‎13. Partner the finance leadership team to drive strategic initiatives.