Manager Business Finance - WBG Emiratized

Job Description:JOB PURPOSE:

• To assist in discharging duties related to cost management of the enablement functions and business units.
• Provide monthly financial reports to Support Divisions with detailed variance analysis and focus on cost analysis etc.
• Owner of the end-to-end Cost Allocation process for the Group.

KEY ACCOUNTABILITIES:

Generic Accountability

• provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement Of team objectives and completion Of tasks in a timely and efficient manner.
• Promote the organizations core values and ethics in all activities Within the team & wider organization to support the establishment Of a value driven culture Within the bank. Budgeting and Financial Performance
• Monitor & overview Cost Allocation financial performance Of a given area Of activity versus budget and ensure all activities are carried out in line With the approved guidelines while reporting on any variances to management.
• Identify risks & opportunities & advise management on measures to facilitate further decision making.

Policies, Systems, Processes & Procedures

• Provide inputs and implement policies, systems and procedures for the assigned team so that all relevant procedural/legislative requirements are fulfilled while delivering a quality & cost-effective service.

Continuous Improvement

• participate in the identification Of opportunities for continuous improvement and sustainability Of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• prepare sectional statements and reports timely and accurately to meet Business and/or department requirements, policies and quality standards. TO Manage the end-to-end Cost Allocation process for the group.

Job Specific Accountabilities / KPIS Month End, Reporting and Cost Allocations

• Manage the month end Cost Allocation Process for FAB UAE Enablement functions.
• Preparation and development of the monthly MI reports for the enablement functions cost allocations and handle reporting issues for the same.
• Provide analysis of re Enablement functions cost allocations actuals etc. to relevant stakeholders as well as identifying actions for corrective measures.
• Implementing various reports at the request of stakeholders.
• Analysis of the cost allocation charges and providing adjustments where necessary.
• Assist in the Budget process for enablement functions cost allocations and in setting up the budget templates.

QUALIFICATIONS AND

EXPERIENCE:

Minimum Qualification

• Must have bachelors degree.

Minimum Experience

• years relevant experience in the banking sector with at least IO years in similar positions of progressively increasing managerial responsibilities in the Finance function.
• Demonstrated ability to successfully manage and motivate a team of Finance professionals.
• Experience in leading a team and working with senior/ management stakeholders on a daily basis.
• Ability to respond to and resolve issues & needs within team as well as business stakeholders.
• Must be detail-oriented but not lose sight of the big picture. Ability to multi-task and work under pressure while delivering high quality results is crucial

About Us:

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the worlds largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB:

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow…