Financial Analyst

Job description / Role

Budgeting, Planning and Analysis as a department has the role of reporting the business performance of the bank for business heads and senior management. This includes the preparation of weekly and monthly financial reports, budgets, peer bank analysis, market share analysis, and branch and product profitability.
In addition to this, long term strategic plan and mid year forecast for business.

Requirements

- Prepare monthly direct expense report by line of business and cost centre.
- Prepare bank’s “Direct Expenses” annual budget by line of business/Cost Centre. Moreover, the quarterly forecast to revise the budget and analyze variations versus the budget.
- Liaise and coordinate with business and cost centres heads to provide their budget requirements.
- Monitoring actual business performance versus budget/forecast on monthly basis by line of business. In addition to this analysing variations from plan.
- Prepare required ad-hoc reports for management.
- Assist in the preparation of MEP – Major Expense Proposals of new capex projects
- Assist in the preparation of branch profitability
- Prepare required ad-hoc reports for management

Minimum Qualifications:

- MBA Finance

About the Company

In 2010, ADIB had introduced its new brand identity as a symbol of a new promise. For two years, we’ve conducted extensive research to identify ways to better meet your needs. You wanted banking to be simple, sensible and transparent, making everybody feel at home and respected. You wanted a bank that would be on your side, one that worked as if your success was the source of its own success.

You are seeking a bank that can deliver unique solutions because it is guided and inspired by the timeless rules and principles of Shari’a. These are the core pillars of the banking we want to deliver to you: Banking as it should be.

We have worked hard to implement these simple but powerful promises in the way we do business. We have introduced a number of new offerings and improvements already. We simplified a number of processes – from the way we open accounts to the way we deliver financing solutions. We have brought ADIB closer to you by rapidly expanding our network to 70 branches and 460 ATMs. We have extended branch opening hours in our in-mall branches and introduced a 24-hour branch at the Abu Dhabi Airport. We have launched an upgraded version of e-ADIB Internet Banking that is safer and more convenient. We have launched numerous products and services. But what won’t change is our priority, which remains your satisfaction.