Assistant Manager - Tax & Financial Reporting, Sharjah

Overview

Careers for a Changing World of Islamic Banking

Assistant Manager - Tax & Financial Reporting

Posted On 24 Oct, 2024

Type Permanent

Job Category Group Finance - Finance

Job Purpose

Will be responsible for ensuring the integrity and accuracy of the Bank's financial reporting processes. This role supports the timely preparation and analysis of financial statements, ensuring compliance with regulatory standards and accounting principles. This position aims to optimize reporting processes, mentor team members, and ensure adherence to best practices, ultimately strengthening the bank’s financial operations and reputation.

Key Accountabilities

• Prepare and review financial statements, ensuring compliance with relevant regulations and accounting standards.
• Ensure all financial reports meet regulatory requirements and are submitted on time to authorities.
• Analyze financial data to identify trends, variances, and potential areas for improvement.
• Work closely with various departments (e.g., accounting, treasury) to gather information and provide financial insights.
• Identify and implement process improvements in financial reporting to enhance efficiency and accuracy.
• Supervise and mentor junior staff, providing guidance on financial reporting practices and career development.
• Assist in internal and external audits by providing necessary documentation and explanations for financial data.
• Maintain and enhance financial reporting systems and tools to support reporting activities.
• Prepare special reports and analyses as requested by senior management.

Qualifications, Experiences & Technical Skills

Minimum Experience

8-10 years

Fields

External audit

About the Company

The revolutionizing from commercial banking to Islamic banking was a significant twist for the bank. Not only were specialized products & services modulated for customers, the banks entire organization was converted to be conventional to Islamic regulations. Now, SIB offers customers a broad range of Sharia'a compliant retail, corporate & investment services through the extensive UAE networks.

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