Job Description

Key Responsibilities:

• Financial Record Maintenance:
• Record daily financial transactions, including deposits, withdrawals, loan disbursements, interest income, and fee income.
• Maintain accurate and organized financial records in accordance with company policies and regulatory standards.
• Account Reconciliation:
• Reconcile bank statements, ledgers, and accounts on a regular basis to ensure accuracy.
• Identify and resolve discrepancies in accounts through detailed investigation and analysis.
• Compliance and Audit Support:
• Ensure compliance with banking regulations, financial reporting standards, and internal policies.
• Assist in the preparation and coordination of internal and external audits, providing required documentation and information.
• Budgeting and Forecasting Support:
• Collaborate with finance and management teams to assist in budget preparation and financial forecasting.
• Analyze trends in revenues, expenses, and profitability to support management decisions.
• Internal Controls and Risk Management:
• Implement and monitor internal controls to safeguard financial data and prevent errors or fraud.
• Assess financial risks and recommend strategies for mitigation.
• General Ledger and Journal Entries:
• Oversee the general ledger and ensure all journal entries are accurate, complete, and comply with accounting standards.
• Maintain detailed documentation for all journal entries and adjustments.
• Cross-functional Collaboration:
• Collaborate with other departments to ensure smooth financial operations.
• Provide insights and recommendations to management based on financial data analysis.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Proven experience as an accountant in a bank or financial institution (preferred).
• Strong understanding of banking regulations, accounting principles, and financial reporting standards.
• Proficiency in accounting software and Microsoft Excel.
• Excellent analytical, problem-solving, and organizational skills.
• Attention to detail and accuracy.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proficiency in English and Russian (required).

Skills and Competencies:

• Knowledge of regulatory requirements for banks (e.g., GAAP, IFRS) (an asset).
• Familiarity with financial reporting tools and software.
• Effective communication skills for reporting and collaborating with teams.
• High level of integrity and ethics in handling financial data.

Job Type: Full-time

Pay: AED6,000.00 - AED10,000.00 per month