Job Description

The role supports and manages regulatory and financial reporting processes by ensuring accuracy, compliance, timely delivery, and providing critical financial insights to regulatory authorities and stakeholders.
Key Responsibilities

• Prepare and submit accurate and timely reports to the UAE Central Bank and other regulators, ensuring compliance with reporting requirements and maintaining required ratios and norms.
• Oversee the preparation and circulation of daily financial positions, including the balance sheet, income statement, customer deposit analysis, and profit suspension reconciliation.
• Manage the preparation of statistical surveys and ad hoc information requests, including those from government and regulatory entities.
• Ensure compliance with accounting policies and standards (IFRS and UAE CB guidelines) and prepare disclosures for the Group's consolidated financial statements.
• Analyze and validate data used in financial statements and regulatory reporting to ensure accuracy and reliability.
• Drive system enhancements to improve reporting efficiency and accuracy, identify gaps in regulatory reporting, and resolve issues in collaboration with IT.
• Respond to queries and coordinate with internal and external auditors, UAE Central Bank, and other stakeholders to address requirements and provide necessary information.
• Identify and implement improvements in financial and regulatory reporting processes to ensure high-quality output in the shortest possible time.
• Monitor new CIFs opened during the month, ensuring adherence to regulatory requirements and adequacy of economic sector classifications.

Skills Required