JOB DESCRIPTION / ROLE
JOB PURPOSE:
To assit Islamic Accounting -Lead in reporting and control function of Islamic portfolio and new core banking system implementation.
This role reports to Lead- Islamic Accounting
Accountabilities
Islamic GL and Control:
• Review of Islamic GLs on daily basis.
• Liaise with respective departments to fix the abnormal balances if any
• Monitoring Islamic GL on daily basis and its reconciliation with subsidiaries ledger
• Monitoring and reconciliation of Islamic non-performing assets
• Daily tracking for Islamic products and review of Islamic daily tracker.
Management Reporting
• Preparation of Islamic monthly profit summary
• Preparation of Islamic monthly pack
• Islamic customer level profitability
• Islamic RARCO data
• Supporting Islamic product team with routine and adhoc information request
Reporting & Accounting
• Preparation of Islamic Central bank return
• Perpetration of monthly Islamic accrual entries
Adhoc
• Adhoc tasks could include engaging with external parties such as external and Shariah auditors and others adhoc internal requirement mainly core banking implementation
REQUIREMENTS
Experience:
Minimum 3 to 5 years of experience in a Islamic financial institution or Banking Industry
Qualifications:
Bachelor Degree or Diploma in Banking and Finance
Professional Qualifications:
• Chartered Accountant-Inter passed or Diploma in Banking and Finance or relevant degree
• Must be a proficient user of Excel/Access/Business intelligence tools
Technical Competencies:
Well versed with excel / access and analytical tools for preparation of reports.
Specific Requirement
• Should have Islamic Finance experience of at least +3 years in United Arab Emirates Banking sector.
• Should be well updated on recent changes and guidelines issued by Central Bank in United Arab Emirates.
• Should be well versed in MS Excel and Access
• Should be able to take pressure in meeting the deadlines of Central Bank in United Arab Emirates.
• Should have good analytical skills
ABOUT THE COMPANY
ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives, Islamic products, project finance, and property management services.
