Assistant Manager - Business Controls

Job Title: Assistant Manager - Business Controls Organisation Unit Purpose: ENBD Services Business control is the business facing control team supporting the various business/ support units e.g. WB, Retail, Treasury, ITO, GOPS and ENBD Services. This unit is responsible for ensuring adequate control/ checks are in place, identifying, escalating and mitigating risk, resolving financial and accounting relating issues, driving group project/ initiatives etc. Job Purpose: The job holder will be part of the Financial Control Pillar and will support Business Controls Function Job Content: Financial Controls and reconciliations - Timeliness and accuracy - Risk identification, management and mitigation - Issue Resolutions - Adherence to policy and procedures - Robust Control mechanism - Prepare dashboard to Group CFO on controls related issues - To perform daily/ monthly reconciliations (Balance sheet, Suspense balance, interest, balances etc) at all levels in a timely and accurate manner. - To follow up in order to ensure resolution of reconciliation differences between GL & Transaction processing systems. - To support all accounting and other related requirements including Office accounts creation, maintenance etc. - Performing checks of both Balance sheet and P&L balances with necessary and appropriate substantiation at regular intervals. - To support business/ finance/ other stakeholders to launch new initiatives/processes including modification there to and driving projects/ initiatives impacting finance.. - Conducting Finance related UAT. - Preparation of accounting Memo, concept paper etc. - To prepare and post necessary entries after necessary approvals and keeping track there to. - To support in developing, implementing, and ensuring compliance with internal financial and accounting policies and procedures and IFRS for products/ processes - Timely escalation of exceptions/deviations - To suggest and implement process improvements to address any control gaps - To work closely with Finance systems team and IT to automate processes and eliminate manual intervention to the extent possible - Collation of required reports from sub systems / GL , summaries /consolidate as per Business Finance requirements - To track key indicators and provide necessary information for required analysis - Supporting other Group units including subsidiaries and international locations. - Maintaining tracker of operational and system issue , liasing with IT or stakeholders till closure - Handling of adhoc queries/reports Person Specifications: Education: - Qualified accountant - CA/ACCA/CFA/MBA Finance Experiences: - 5 -10 years of total work experience in the Finance function of a large bank with exposure to business finance Knowledge & Skills: - Technical - Managerial - A thorough understanding of finance and accounting concepts - Strong computer skills in MS Office and prior experience of working in an ERP system (Oracle, SAP etc) Behavioral Competencies: - Ability to work under pressure with minimal supervision. - Comfortable to work in a multi-cultural environment. Good inter personal skills to liaise with various departments such as IT, Operations and Front Office. - Team player - Ability to provide suggestions for process improvements