Company DescriptionAre you ready to join us on our exciting transformation journey at the largest bank in the UAE? This is an opportunity to make a real impact on our customers, employees, shareholders, and communities, as part of the FAB team.We're committed to our grow stronger movement, and as a member of our team, you\'ll have access to everything you need to advance your career and make a meaningful contribution to our shared success.If you're looking for a career that will help you stand out and make a difference, now is the time to join us. Let's work together to achieve great things. The purpose of the role Head of Finance - NHL is to handle and oversee all financial matters related to National Housing Loans (NHL) Business with FAB. The role plays a key position in providing support and in-depth business insights and analysis to senior business partners (relevant heads of business and senior stakeholders), and to support strategic business decisions to grow revenues and returns while ensuring adequate cost management.The role is responsible for managing all financial activities and deliverables relating to the financial, regulatory, and internal MI reporting related to NHL, as well as providing financial accounting and advisory support to NHL Business and Government Housing Program of FAB.KEY ACCOUNTABILITIES:

• Ensure that all the financial and regulatory reporting and disclosures for National Housing Loans (NHL) Business and Government Housing Program is timely completed and in compliance with the IFRS and other relevant regulatory requirements.
• Coordinate and support the Group Regulatory team to ensure that all Central Bank returns and other ad hoc regulatory reporting requirements are met.
• Manage all the financial accounting and advisory work for the NHL Businesses of the Bank. In addition, coordinate with the Group Corporate Financial Reporting team on all financial accounting and reporting issues and their timely closure.
• Build strong relations with the NHL Business team and other key stake holders in the Bank.
• Ensure that the financials and other information for the quarterly BOD meetings are prepared on a timely basis.
• Develop a working relationship with the regulators, external and internal auditors. Ensure that all the required information necessary for the inspection / audit is timely submitted and timely closure of all issues identified.
• Manage all month-end closing processes.
• Manage tasks related to capital and general expenses and budgetary controls.
• Manage general ledger maintenance for the Islamic instances of T-24, OGL and OneSumX and related accounting processes to ensure the same are compliant with accounting principles, policies and standards.
• Develop policies, processes, and procedures to ensure operations as per Bank's standards and regulations for finance.
• Initiate system enhancement and automation of manual processes and reports and development of specifications to enhance financial /regulatory reporting.
• Lead and support in NHL-related projects, UAT's and new product requirements.
• Undertake relevant job rotations and cross-train colleagues to acquaint them with the other functions of the division to ensure smooth running of the business.
• Undertake other tasks and projects related to NHL business.

Job Context

• Ensuring adherence to and compliance with the requirements of IFRS standards as well as relevant CBUAE and other regulatory guidelines.
• Coordinate and work with the NHL and Finance leadership team to ensure that all NHL loans and their accounting treatment remain compliant with all relevant standards and guidelines.
• Responsible for submission of required financial MI reports to senior management.

FRAMEWORKS, BOUNDARIES, & DECISION-MAKING AUTHORITY:

• Functions within the framework and boundaries of Group policies as well as overall organizational and governance frameworks, specifically all Group Finance policies.
• Acts as the Approving authority for NHL Finance activities, inline with applicable DOA policy:
• Month-end close adjustments.
• Statutory Financial Statements and Regulatory returns.
• Monthly management results and performance pack.
• Annual Budgets.
• RCSA and other relevant finance submissions.
• ALCO pack, relevant board papers and financials.

#LI-MA3Qualifications

• Bachelor's degree (preferably Accounting or Banking & Finance).
• Having an accounting qualification (e.g., CPA, ACCA, CA) and/or a Master's degree is a plus.
• More than 15 years of working experience within banking and/or a top-tier audit or consultancy firm.
• Successful track record managing large teams and proven ability to drive and manage large scale projects.
• Established leadership and interpersonal skills.
• Excellent written and verbal communication skills and strong ability to communicate with senior stakeholders (internal and external) clearly and effectively.
• Extensive experience in management and financial reporting and solid understanding of accounting standards (IFRS and IAS).
• Superior analytical and organizational skills and ability to work under pressure, manage multiple tasks simultaneously, delegate appropriately and deliver in a timely manner.
• Proven ability to plan, lead and manage change, with strong analytical, conflict resolution and problem-solving skills.
• Proficiency in MS Office - especially Excel and PowerPoint, and basic understanding of T24, OBIEE, OneSumX and Power BI.

First Abu Dhabi Bank