Senior Accountant – Financial Reporting

ADCB Bank

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Job Vacancy-Senior Accountant – Financial Reporting – Islamic Banking– Abu Dhabi, United Arab Emirates

Senior Accountant – Financial Reporting – Islamic Banking- Abu Dhabi, United Arab Emirates

  • Experience: –Experience with banking, accounting principles, and procedures.  Ability to develop and establish financial policies and
    procedures
  • Job Location: –Abu Dhabi, United Arab Emirates
  • Company: –ADCB Bank
  • Educational Qualification: –Bachelor’s Degree in Business, Accounting or Finance
  • Nationality:Any Nationality
  • Gender: – Male/Female
  • Number of Vacant Positions: -Not Mentioned
  • Salary: – negotiable
  • Job Type: – Permanent
  • Job Category: – Administration

 

About ADCB Bank

At ADCB, our goal is to turn into the most important bank in the UAE. Since its development in 1985, the bank has developed and its presence in the UAE has gone from one solidarity to another. ADCB’s desires permit us to offer numerous open doors across the association for anyone with any interest in chasing after a satisfying vocation that empowers you to work with partners and clients from across the world. These jobs length all significant regions inside ADCB, from retail, business, and venture banking to help works like money, HR, innovation and showcasing.
ADCB Islamic Banking is the brand under which we offer retail and corporate Shari’ah-consistent monetary answers for our Purchaser, Discount, and Depository clients.

ADCB is directed by the National Bank of the UAE, and its Islamic Financial exercises are managed by a free Inward Shari’ah Oversight Board of trustees (ISSC). The ISSC is the last authority inside ADCB with respect to all Shari’ah-related matters. It works as per the goals, norms and rules gave by the Higher Shari’ah Authority of the National Bank of the UAE (HSA). HSA keeps the Shari’ah Guidelines gave by the Bookkeeping and Evaluating Association for Islamic Monetary Foundations and Islamic Monetary Administrations Board.

ISSC capabilities in accordance with the Shari’ah administration system gave inside the terms of reference (Pinnacle) of the ISSC that are supported by the individuals from the ISSC. The Peak sets out the methods for the working of the ISSC like holding of gatherings, giving of professions/Fatwa majority and Shari’ah audit.

ADCB Islamic Banking’s Shari’ah administration is executed and managed by the inward Shari’ah Counsel. Fatwa (declarations and endorsements) are given by the ISSC to affirm consistence with standards of Shari’ah for all items and administrations as well concerning customized organized bargains. The ISSC’s survey covers the item structure, the fundamental Shari’ah contract, lawful documentation, functional cycle stream and all related item writing. Fatwa gave by the ISSC are distributed on the Bank’s site and are accessible at all branches.

ADCB Islamic Banking keeps a different arrangement of monetary records to guarantee that the records for the Islamic business are totally isolated from ADCB’s regular assets. The Bank’s united records incorporate the consequences of ADCB Islamic Banking and are independently revealed in the notes of the monetary records.

Adcb Senior Accountant - Financial Reporting

Senior Accountant – Financial Reporting – Islamic Banking- Abu Dhabi, United Arab Emirates

Job Description

  • JOB PURPOSETo develop, manage and implement all financial reporting and accounting related matters within the bank in order to ensure alignment and compliance with external standards and internal policies and procedures

    KEY ACOUNTABILITIES

    1.Financial Accounting and Reporting

    Maintain, control and monitor all financial accounting related matters and assist in preparation of financial reports in accordance with IFRS to ensure that reporting is accurate and delivered within the timelines set by the regulators and external/internal stakeholders

    2.Budget Preparation

    Assist MIS division with information to formulate budgets and forecast to the required standard in order to facilitate the delivery of the bank’s budget in an accurate and timely manner

    3.General Ledger (GL)Review

    Review the GL to provide reasonable assurance that the debits and credits are valid, accurate and complete and give reasonable assurance that the transactions recorded in the GL are appropriate and compliant with all finance related policies and regulations

    4.Funds Accounting

    Maintain and review fund accounting records to ensure reporting is done in an accurate manner and delivered within the timelines set by the regulators and external/internal stakeholders

    5.Risk Management

    Monitor and comply with risk management policies and procedures to ensure reporting risks are minimized

    6.Business and Analytical

    Provide timely and robust financial analysis to support business decision-making

    7.Relationship Management

    Develop and maintain effective communication and positive working relationships with the internal and external stakeholders to ensure Finance standards and policies/procedures are well understood by the stakeholders

    8.Policies, Processes, Systems and Procedures

    Adhere to all relevant organizational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders

    Senior Accountant – Financial Reporting – Islamic Banking- Abu Dhabi, United Arab Emirates

Desired Candidate Profile

Employment Type

    Full Time

Skills

  • Strong understanding of International Financial Reporting Standards
  • Experience with banking accounting principles and
    procedures
  • Ability to develop and establish financial policies and
    procedures
  • Knowledge of operating and capital budget concepts.
  • Ability to analyze financial data and to prepare accurate

 

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