Assistant Vice President - Finance.IBG-GIFT CITY at Mashreq Careers

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

18 Jun, 26

Salary

0.0

Posted On

20 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Compliance, Financial Reporting, Vendor Payments Management, Financial Consolidation, CBUAE Reporting, Management Reporting, Tax Compliance, Operational Support, IFSC Authority Reporting, Accounting Guidelines, International Banking Standards

Industry

Banking

Description

1. REGULATORY COMPLIANCE AND REPORTING: * ENSURE ACCURATE AND TIMELY SUBMISSION OF ALL REGULATORY REPORTS TO THE IFSC AUTHORITY, MAINTAINING FULL COMPLIANCE WITH REGULATORY REQUIREMENTS. 2. EFFICIENT VENDOR PAYMENTS MANAGEMENT: * STREAMLINE VENDOR PAYMENT PROCESSES, ENSURING TIMELY AND ACCURATE DISBURSEMENTS TO VENDORS, WHILE ADHERING TO INTERNAL POLICIES. 3. LOCAL GLOBAL FINANCIAL CONSOLIDATION: * SUPPORT THE PREPARATION AND SUBMISSION OF COMPREHENSIVE FINANCIAL REPORTS FOR GLOBAL CONSOLIDATION, ENSURING ACCURACY AND ALIGNMENT WITH THE HEAD OFFICE'S REQUIREMENTS. * PREPARING COMPREHENSIVE FINANCIAL REPORTS AS PER IFSC GUIDELINES AND APPLICABLE ACCOUNTING GUIDELINES. 4. CBUAE REPORTING: * MEET ALL REGULATORY REPORTING REQUIREMENTS FOR THE CENTRAL BANK OF THE UAE (CBUAE) ENSURING COMPLIANCE WITH GUIDELINES AND INTERNATIONAL BANKING STANDARDS. 5. MANAGEMENT REPORTING: * DELIVER ACCURATE AND INSIGHTFUL MANAGEMENT INFORMATION REPORTS TO SENIOR MANAGEMENT, ENABLING DATA-DRIVEN DECISION-MAKING. 6. TAX COMPLIANCE: * ENSURE FULL TAX COMPLIANCE FOR MASHREQ BANK’S INDIA OPERATIONS (BRANCH AND GIFT CITY), MANAGING TIMELY TAX FILINGS AND ADHERENCE TO LOCAL TAX REGULATIONS. 7. OPERATIONAL SUPPORT FOR MUMBAI BRANCH: * PROVIDE CONSISTENT OPERATIONAL SUPPORT THE MUMBAI BRANCH, PARTICULARLY IN MANAGING VENDOR PAYMENTS AND ENSURING TAX COMPLIANCE FOR SMOOTH OPERATIONS. THESE AREAS WILL ENSURE THE PROPER FUNCTIONING OF THE FINANCE OPERATIONS AND COMPLIANCE ACROSS THE GIFT CITY BRANCH AND THE BROADER MASHREQ BANK INDIA OPERATIONS. The leading financial institution in MENA While more than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

Responsibilities

The role involves ensuring accurate and timely regulatory compliance and reporting to authorities like the IFSC Authority and CBUAE, alongside managing efficient vendor payment processes for the organization's India operations.