Talent.com
VP Finance Controller
VP Finance ControllerFirst Abu Dhabi Bank • Washington, DC, US
[error_messages.no_longer_accepting]
VP Finance Controller

VP Finance Controller

First Abu Dhabi Bank • Washington, DC, US
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

VP Finance Controller

First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We're in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you'll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger together.

Job Description

Job Purpose :

As Financial Controller ("FC") the candidate along with the CFO is ultimately responsible for managing several critical areas under the Finance function including a) Oversight and Management of Financials of the bank, b) Structuring & Oversight of the Bank's balance sheet, c) Financial Reporting including but not limited to (i) US regulatory reporting, (ii) UAE regulatory reporting, (iii) Coordination of independent financial auditors, (iv) Curacao reporting.

The FC is responsible for financial Control deliverables including compliance with all internal and external financial policies and regulations.

FC alongside with CFO works closely with all business lines including a) Global Markets, b) Loan Capital Markets, c) Relationship in putting in place financial budget, ensuring performance is tracked and acting as responsible and independent party for reporting purpose.

FC is either a direct member or acts as a backup to CFO in below Senior Committees

  • FAB USA Branch ALCO (Asset & Liability Committee)
  • FAB USA Branch Risk Committee
  • FAB USA Executive Committee
  • Remediation Working Group
  • Integration Working Group

The candidate must be experienced in integration with strong knowledge of the following a) Fusion System, b) T- 24, c) Murex, d) Intellect, e) IFRS9 System. The role entails significant leadership and contribution by the candidate on several projects for the branch including integration, remediation, and growth.

The candidate must have international experience in the above areas in order create clear linkage between not only the US franchise, but the parent in the United Arab Emirates, FAB businesses in Asia, Europe and Middle East.

Revenues / Budget :

  • Direct Reports : Country CFO
  • Indirect Reports : Regional CFO, Finance International, CEO FAB USA

    • Key Accountabilities :

  • Ensure coordination and completion of the monthly Account Ownership and Verification (AOV) exercise across all businesses within the entity.
  • Consolidation, preparation & submission of the results of the monthly AOV exercise.
  • Coordinate the monthly Balance Sheet Review meetings for all businesses.
  • Conduct Conformance Testing of balances in the legal entity.
  • Ensure that all FC reporting requirements (KRI's, KPI's etc) are met with timely delivery to all internal and if applicable external stakeholders.
  • Assist the GFC in ensuring that all Group Finance units are fully in compliance with the Group's new Financial Control Framework
  • Assist US CFO in verifying and submitting US and Curacao regulatory reports.
  • Work with US RMs to manage RWAs to ensure capital adequacy targets.
  • Coordinate compliance with Group's ORM policy framework.
  • Assist US CFO to develop more automated and effective processes.
  • Prepare PP presentations and provide analysis for Country Business Reviews
  • Provide analysis to prepare budget and strategic projections for the US
  • Update Finance process documents for regulatory reporting, implement controls to ensure integrity of reporting process.
  • Key member of US integration team to streamline processing and implement new target IT stack.

    • Specific Accountabilities :

    GL Review

  • Carry out an analytical review of the entity Trial Balance / Statement of Condition
  • Ensure full compliance with the Group GL maintenance and Manual Journals policy
  • Carry out an annual review of all POS's and GL's in use in the business with a view to determine unused GL's or POS's requiring closure / blocking

    • Financial Analysis

  • Preparation of FAB USA Country Pack which entails detailed analysis of the branch's Balance Sheet / Financial Ratios Including (RORWA / RORAE / CI Ratio)
  • Analyse financial data by product and LOB to provide input to business to maximize RORAE
  • Provide revenue by customer data to RMs and support operational review.
  • Prepare monthly financial commentary for US Business Review with Regional CEO
  • Regularly monitor RWAs to ensure compliance with Curacao CAR to maximize balance sheet optimization for FAB US
  • Prepare financial forecasts against budget.

    • IFRS Compliance

  • Primary contact for IFRS 9, coordinate accounting treatment with Group Finance
  • Prepare annual financial statements and disclosures in compliance with IFRS
  • Primary contact with external auditors
  • Provide support to and work in close coordination with the CFO to resolve all financial control and governance issues and observations raised through external / internal audit, regulatory inspections, Self-assessment process etc

    • Regulatory Reporting

  • Verify and review regulatory reports for US and Curacao (reporting includes Federal Reserve, b) Curacao reporting, Head Office Central Bank reporting, etc.
  • Update Finance regulatory reporting process documents and work with HO Regulatory & Control to ensure controls over and accurate reporting of submissions.
  • Streamline reporting documentation and work with integration team to ensure automation wherever possible.

    • Qualifications

    Qualifications :

  • University Degree in Finance / Accounting or a relevant subject BS / BA in finance or accounting
  • 8-12years of progressive finance / accounting experience, with at least 5 years in a leadership role.
  • A professional accounting qualification (e.g. ACA, CPA, CA, ACCA or equivalent) is desirable
  • Good understanding of operating environment in Banks and a proven track record of delivery.
  • Strong interpersonal collaboration and team skills including working with cross functional teams, proven flexibility, adaptability and reliability.
  • Multiple projects, manage expectations and exceptional attention to details.
  • Strong and proven leadership skills.
  • Systems knowledge Good level of Excel and power point expertise, well versed with MS Office.

    • Additional Information

    All your information will be kept confidential according to EEO guidelines.

    [job_alerts.create_a_job]

    Vp Finance • Washington, DC, US

    [internal_linking.similar_jobs]
    VP, VA Accounts

    VP, VA Accounts

    PeopleSuite Talent Solutions • Washington, DC, US
    [job_card.full_time]
    The Vice President (VP), VA Accounts will serve as the strategic leader responsible for shaping and executing a comprehensive account plan aligned to the customer’s long-term priorities.In th...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Controller

    Controller

    Mid Atlantic Contracting, ZCON, & MMF • Woodbine, MD, US
    [job_card.full_time]
    The Controller is responsible for overseeing all financial operations across MAC, ZCON, and MMF.This individual will assist with financial strategy, ensure fiscal discipline, and support sustainabl...[show_more]
    [last_updated.last_updated_30] • [promoted]
    VP & Fund Controller

    VP & Fund Controller

    B.F. Saul Company • Bethesda, MD, US
    [job_card.full_time]
    ASB Real Estate Investments, a division of ASB Capital Management LLC, is a leading U.Headquartered in the Washington, D. ASB invests in major markets across the United States, concentrating in indu...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    North America Corporate Controller — Strategic Finance Leader

    North America Corporate Controller — Strategic Finance Leader

    Hitachi Energy • Washington, DC, United States
    [job_card.full_time]
    A global technology leader seeks a Corporate Controller for North America in Raleigh, NC.The role involves overseeing financial planning and analysis for US operations, ensuring compliance with US ...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    VP of Finance and Accounting (Real Estate)

    VP of Finance and Accounting (Real Estate)

    Jobot • Washington, DC, United States
    [job_card.full_time] +1
    VP of Finance and Accounting (Real Estate).We are seeking a dynamic and experienced VP of Finance and Accounting to join our team. This is a permanent, full-time position that will play a crucial ro...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Controller

    Controller

    Bay Atlantic University • Washington, DC, US
    [job_card.full_time]
    The Controller is primarily responsible for the total financial affairs of the university, department, and programs.Additional responsibilities will include translating the actions of past, present...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Onsite Plant Finance Controller

    Onsite Plant Finance Controller

    EnerSys • Alexandria, VA, United States
    [job_card.full_time]
    A global leader in energy solutions is seeking a financial manager to oversee activities at the Springfield plant in Missouri. This role involves directing financial operations, ensuring compliance ...[show_more]
    [last_updated.last_updated_variable_hours] • [promoted] • [new]
    SVP, Finance and Treasurer

    SVP, Finance and Treasurer

    Evolent • Washington, DC, United States
    [job_card.full_time]
    Evolent partners with health plans and providers to achieve better outcomes for people with most complex and costly health conditions. Working across specialties and primary care, we seek to connect...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    VP - Sales

    VP - Sales

    Zeta • Washington, DC, US
    [job_card.full_time]
    Zeta is a Next-Gen Banking Tech company that empowers banks and fintechs to launch banking products for the future.It was founded by Bhavin Turakhia and Ramki Gaddipati in 2015.Our flagship process...[show_more]
    [last_updated.last_updated_30] • [promoted]
    VP & Fund Controller

    VP & Fund Controller

    B. F. Saul Company • Bethesda, Maryland, United States, 20814
    [job_card.full_time]
    ASB Real Estate Investments, a division of ASB Capital Management LLC, is a leading U.Headquartered in the Washington, D. ASB invests in major markets across the United States, concentrating in indu...[show_more]
    [last_updated.last_updated_variable_days]
    Global Finance Controller - Remote

    Global Finance Controller - Remote

    Centerplate • Washington, DC, United States
    [filters.remote]
    [job_card.full_time]
    A global rewards platform is seeking an experienced Financial Controller to oversee accounting operations and ensure financial integrity. You will lead cross-functional collaborations and manage glo...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Vice President, Finance (FP&A)

    Vice President, Finance (FP&A)

    The Health Management Academy • Arlington, VA, US
    [job_card.full_time]
    The Health Management Academy (THMA) brings together health system leaders and innovators to collectively address the industry's biggest challenges and opportunities. By assisting executives in ...[show_more]
    [last_updated.last_updated_30] • [promoted]
    Vice President of Finance

    Vice President of Finance

    CRE Recruiting • Bethesda, MD, United States
    [job_card.full_time]
    We are a private equity-backed real estate services platform focused on consolidating and scaling a network of high-performing, transaction-oriented businesses. With a disciplined acquisition strate...[show_more]
    [last_updated.last_updated_30] • [promoted]
    VP, Finance & Controller — Remote, Mission-Driven

    VP, Finance & Controller — Remote, Mission-Driven

    ZERO Prostate Cancer • Alexandria, VA, United States
    [filters.remote]
    [job_card.full_time]
    A nonprofit organization is seeking a Vice President of Finance & Controller to drive financial strategy and oversight.This remote role requires extensive experience in nonprofit financial manageme...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    Finance Controller

    Finance Controller

    Tate Access Floors Inc • Columbia, MD, US
    [job_card.full_time]
    At Tate we are passionate about everything we do.As an independent brand operating within Kingspan Group, a global plc group of companies, Tate has been recognized worldwide as an industry leader i...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    VP Finance

    VP Finance

    DataAnnotation • Washington, DC, United States
    [job_card.full_time] +1
    We are looking for a VP Finance to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of each model...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    AVP, Finance Solutions

    AVP, Finance Solutions

    Enterprise Community Partners • Columbia, MD, United States
    [job_card.full_time]
    Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one.We support community development organizations on the ground, aggregate and inve...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]
    VP of Accounting - Comptroller

    VP of Accounting - Comptroller

    Calculated Hire • Washington, DC, United States
    [job_card.temporary]
    Interim Vice President and Comptroller (VP / COMP).We are seeking an accomplished Interim Vice President and Comptroller (VP / COMP) to provide strategic leadership, operational oversight, and transfor...[show_more]
    [last_updated.last_updated_variable_days] • [promoted]