الوصف الوظيفي
Role: Senior Manager - Financial ReportingLocation: Abu Dhabi Role Purpose:The Senior Manager - Financial Reporting at ADIB Group is responsible for overseeing capital adequacy management, internal control over financial reporting (ICFR), and taxation, ensuring compliance with regulatory requirements and providing strategic support. Financial Reporting: the preparation and publication of periodic financial reports, ensuring compliance with IFRS standards and regulatory requirements, and advising senior management on reporting trends. Capital Adequacy Management: managing the capital planning process, supporting strategic decisions with robust capital assessments, and ensuring compliance with regulatory requirements. Internal Control Over Financial Reporting (ICFR): ensuring ICFR compliance, managing continuous monitoring and evaluation, and coordinating with external auditors for certification purposes. Taxation: preparing tax provisions, identifying tax savings, ensuring compliance with tax regulations, and advising management on tax liabilities and strategies for the Group. Key Accountabilities of the role RESPONSIBILITIES: Financial reporting: Directs and oversees the preparation and publication of periodic financial reports for the entire ADIB Group. Ensures that reports, filings and documentation comply with Bank’s policies, IFRS standards, CB UAE and SCA regulations. Maintains the chart of Account across all Group entities. Ensures that Product, chart of account, entries / transactions and accounts are accurately and properly consolidated as per Group Accounting Policy and are included in internal and external financial reports correctly. Advises management of trends and changes in reporting requirements and recommends best approach for implementing those changes in the said reportings. Provides subject matter expertise in accounting policy and regulatory reporting, including IFRS. Additionally, serve as liaison with or oversee the work of the external / internal / sharia’s / CBUAE auditors Capital Adequacy Management including Capital Planning, ICAAP and Stress Testing: Develop and manage the capital management framework for ADIB Group on consolidated and standalone level as per the CBUAE regulations and Basel standards. Manage the capital planning process for the ADIB Group as well as on UAE standalone level and other material financial subsidiaries level. Support strategic decision through the provision of robust capital plans and capital assessments on new business booking, portfolio or business acquisitions. Regularly assess the Group’s capital adequacy, identifying vulnerabilities and capital optimisation opportunities. Communicate effectively with senior stakeholders including management, and regulators and lead the engagement with Internal Audit and CBUAE examiners. Monitor and demonstrate compliance with all relevant regulatory requirements and internal policies. Oversee the development, implementation, and continuous enhancement of the capital management and planning process. Liaise with business units and financial subsidiaries to assess Pillar 1 capital and Pillar 2 capital for all risks of the Bank to ensure compliance with CB UAE and Subsidiary’s regulator requirement. Liaise with Risk Management on the enterprise-wide stress testing to be included in the ICAAP. Liaise with Risk Management on the Macro stress testing exercise to be submitted to CBUAE. Responsible for managing, developing and publication of the disclosures required under Pillar 3 of Basel Standard for capital, liquidity and other Risks. Also liaise with internal and external auditors for their review on quarterly and annual basis. ICFR: Ensuring compliance with the ICFR including certification by Directors and External Auditors. Custodian of the ICFR controls documentation for all the location. Develop and manage a plan for continuous monitoring and evaluation of ICFR. ICFR awareness activities including training local staff. Liaising with all departments to ensure that all periodic controls are complied with. Maintain a dashboard for all ICFR controls that fail internal testing and follow up with responsible departments to ensure swift remediation. Coordinating the testing of controls by external auditors for the purpose of certification in the financial reports. Come up with compensating controls for controls that fail testing and are not remediated by the end of the reporting period. Taxation: Prepare tax provisions schedules, returns, payments, reports and maintain a company’s tax database. Find tax solutions to complicated tax issues. Identify legal tax savings and recommend ways to improve profits. Make sure the bank complies with all federal, state and local tax regulations. Advise management about the impact of tax liabilities and corporate strategies or new tax laws. Accurately prepare quarterly and annual tax reports. Keep up-to-date with tax changes and industry trends by participating in educational opportunities, participating in professional organizations, keeping up with professional networks and reading professional publications. Prepare deferred tax computations and assessments and planning for the short term. ESG: Preparation of ESG disclosures for financial reporting requirements as per the IFRS S1 and S2 standards. Ensures alignment with ESG disclosure requirements and best practices. Identifies potential challenges and proactively manages them to ensure on time and quality deliverables. Applying sound ethical judgment regarding personal behavior, conduct and business practices. Escalating, managing, and reporting control issues with transparency, if any. Effectively supervising the work activity of the reportees and creating accountability with those who fail to maintain the minimum work standards. Provides subject matter expertise in accounting policy, including application of IFRS. Prepare ad-hoc analysis as requested for various projects. Any other job specified by the line manager. Specialist Skills / Technical Knowledge Required for this role: Professional qualification / certification in accounting / Finance (ACA, ACCA or CPA) Strong analytical skills with Financial reporting background Excellent knowledge of Bank financials / Bank product / Sharia Principle relating to Banking Excellent in computer skills (MS Excel, MS word, MS PowerPoint) Sound leadership and influencing skills. Excellent soft skills and a team playerPrevious experience required (if any) 10-15 years’ of post qualification work experience including minimum 5 years’ experience in Financial reporting function of a bank.
