Key Responsibilities
- Develop and execute the Bank's financial strategy aligned with business objectives, regulatory requirements and Group priorities.
- Advise senior management on:
- Financial performance
- Capital allocation
- Profitability
- Cost management
- Strategic business decisions
- Drive balance sheet optimization, profitability enhancement, capital adequacy and liquidity management.
- Lead financial planning, budgeting, forecasting and business performance management.
- Monitor financial performance and recommend corrective actions where required.
- Oversee financial reporting and accounting functions, ensuring timely and accurate preparation of financial statements in accordance with IFRS and Group policies.
- Ensure compliance with regulatory reporting requirements, including submissions to CBUAE, RBI and other relevant authorities.
- Lead tax governance and compliance covering:
- UAE Corporate Tax
- VAT
- Transfer Pricing
- Cross-border tax reporting
- Applicable Emirate-level taxation
- Maintain a robust financial control and governance framework.
- Ensure effective internal controls, risk management and regulatory compliance.
- Manage relationships with CBUAE, FTA, auditors, tax authorities, Head Office and other key stakeholders.
- Oversee internal and external audits and ensure timely closure of audit observations.
- Lead and develop the Finance function, promoting accountability, integrity, continuous improvement and talent development.
Desired Candidate Profile
- Minimum 8–10 years of UAE banking finance experience.
- Minimum 3 years in a senior finance leadership role within a UAE-based bank.
- Strong understanding of UAE banking regulations and financial reporting requirements.
- Proven experience dealing with CBUAE, FTA, auditors and other regulatory stakeholders.
- Experience in foreign bank branches, multinational banks or international banking groups will be preferred.
Technical & Functional Knowledge
- IFRS
- UAE Central Bank regulations
- Basel III capital and liquidity requirements
- UAE Corporate Tax and VAT
- Transfer Pricing and cross-border tax matters
- Budgeting and forecasting
- Financial planning and performance management
- Internal controls over financial reporting
- Corporate governance
- Capital and liquidity management
- Regulatory and financial reporting
Educational Qualification
Mandatory:
- Bachelor's Degree in Finance, Accounting, Economics or a relevant discipline.
Preferred Master's Qualification:
- Master's Degree / MBA in Banking & Finance
Preferred Professional Qualifications:
- ACCA
- ICAI / CA
- CPA
- ICMAI / CMA
- CIMA
- CFA
COMMON ELIGIBILITY REQUIREMENTS
- UAE National (Emirati) with Family Book (Khulasat Al Qaid) – Mandatory.
- Maximum age: 50 years.
- Strong analytical and problem-solving capabilities.
- Strong leadership, communication and stakeholder-management skills.
- Willingness to work at any branch/office within the UAE, as required.
- Previous employment record should be satisfactory and free from disciplinary or legal issues.
- Candidates must comply with applicable CBUAE regulations and UAE banking requirements.
- Candidates must be able to provide supporting documentation for identity, nationality, educational qualifications, professional certifications and relevant work experience during the selection process.
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