Manager – Regulatory Reporting & FP&A

About the Role

Manager – Regulatory Reporting & FP&A

Location:

United Arab Emirates Function:
Finance Industry: Insurance Job Type: Full-Time Reporting to:
Head of Finance / CFO About the Role We are seeking an experienced Manager – Regulatory Reporting & FP&A to lead regulatory financial reporting to the Central Bank of the UAE (CBUAE) and drive the company’s financial planning, budgeting, forecasting, and performance analysis activities. This role plays a critical part in ensuring regulatory compliance, financial accuracy, and timely decision support for Senior Management and the Board, while supporting the company’s strategic and financial objectives.

• Regulatory Reporting (CBUAE)
  • Prepare, review, and submit all CBUAE regulatory returns, e-forms, investment risk reports, and statutory submissions accurately and within regulatory deadlines.
  • Establish and maintain strong controls, documentation, and change‑management processes for regulatory reporting.
  • Act as a key point of contact with CBUAE, responding to regulatory queries and follow‑ups.
  • Monitor regulatory developments within the UAE insurance sector and ensure full compliance with evolving requirements.
• Financial Planning, Budgeting & Forecasting
  • Lead all aspects of financial planning, budgeting, forecasting, and performance reporting.
  • Drive annual budgeting, reforecasting, and rolling forecasts covering P&L, balance sheet, cashflow, and solvency.
  • Ensure alignment of financial plans with business strategy and regulatory expectations.
• Management & Board Reporting
  • Monitor financial performance against KPIs and business objectives.
  • Prepare monthly and quarterly management reports, Board packs, and variance analysis, providing clear insights and recommendations.
• Financial Modelling & Decision Support
  • Develop and maintain robust financial models to support strategic and operational decision‑making.
  • Build decision‑support tools including driver‑based models, scenario analysis, sensitivity analysis, and what‑if simulations.
  • Partner with Technology teams to define requirements for EPM and BI tools.
• Performance Analysis
  • Prepare dashboards, presentations, and analytical reports for senior leadership.
  • Analyze key financial ratios, solvency indicators, and performance metrics.
  • Conduct ad‑hoc financial analysis to support cost optimization and business initiatives.
• VAT, Audit & Controls
  • Ensure compliance with UAE VAT regulations, including returns, invoicing, and documentation.
  • Support internal and external audits and ensure strong financial controls in regulatory reporting.

• External:
  • Central Bank of the UAE
  • External Auditors
  • Actuaries
• Internal:
  • Senior Management
  • Underwriting, Claims, Operations, and Investment Teams
  • Finance Operations Team

• Timely and error‑free submission of all CBUAE and regulatory reports.
• Accurate annual budgets and rolling forecasts.
• On‑time monthly management and Board reporting.
• Quality variance analysis with actionable insights.
• Compliance with VAT regulations and accounting standards.

• Education:
  • CA / CPA / ACCA / CFA or equivalent.
  • Bachelor’s Degree in Finance, Accounting, or related discipline.
• Experience:
  • 10–12 years of Finance experience within the Insurance sector.
  • Strong hands‑on experience in CBUAE regulatory reporting and FP&A in the UAE.
  • In‑depth understanding of UAE insurance regulations and CBUAE reporting requirements.
  • Strong knowledge of insurance products and reinsurance arrangements.
  • Solid understanding of IFRS, including IFRS 9 and IFRS 17.
  • Advanced financial modelling, forecasting, and analytical skills.
  • Proficiency in advanced Excel and BI/reporting tools such as Power BI.
  • Experience working in an ERP environment (SAP preferred).
  • Strong communication and presentation skills.
  • Ability to manage multiple priorities in a fast‑paced, deadline‑driven environment.
  • Proven team leadership and cross‑functional collaboration skills.
• Knowledge &
  
  Skills:
  • In‑depth understanding of UAE insurance regulations and CBUAE reporting requirements.
  • Strong knowledge of insurance products and reinsurance arrangements.
  • Solid understanding of IFRS, including IFRS 9 and IFRS 17.
  • Advanced financial modelling, forecasting, and analytical skills.
  • Proficiency in advanced Excel and BI/reporting tools such as Power BI.
  • Experience working in an ERP environment (SAP preferred).
  • Strong communication and presentation skills.
  • Ability to manage multiple priorities in a fast‑paced, deadline‑driven environment.
  • Proven team leadership and cross‑functional collaboration skills.

• Behavioural:
  • Strong analytical and problem‑solving ability.
  • High attention to detail.
  • Ability to perform under regulatory and reporting deadlines.
• Functional:
  • Regulatory Reporting Expertise.
  • Financial Planning & Analysis.
  • Stakeholder Management.

• Prior experience within the UAE Insurance sector.
• Familiarity with regulatory reporting systems.