Mashreq - Senior Finance Manager

Description:

Job Purpose:

- Manage independently the Finance and Planning of Technology & Legal Group including Overseas.

- Discharge the Finance responsibilities of Technology & Legal Group centrally for both UAE & Overseas geographies.

- Ensure strict financial discipline by adhering to the company policies and procedures.

- Manage stakeholder in providing relevant info of the Financials.

- Provide ad hoc reports and information, trends, and transaction analysis.

Key result Areas:

- Manage individually the Finance and Annual Planning of Technology and Legal Groups of the Bank.

- Support Cost Centre owners through the budgeting process.

- Ensure for the timely production of monthly financial pack, trend, and analysis and alert the management for any inconsistency.

- Attend to all queries & ad hoc request from stakeholders and resolve on timely basis.

- Implement and work on the Dynamic Cost allocation methodology and track the same.

- Suggest ways for improving the current information availability to assist in Cost Allocation.

- Perform collation, review, and record of groups monthly expense provisions.

- Close monitoring of the Technology Projects and ensure for timely capitalization and recording of Fixed Assets.

- Develop Resource allocation mix model and alert for the differential cost levers between FTE, RA and the Third-Party Resources including for the Rate card.

- Centralized reporting of all Bank wide technology expense and ensure to track of the Tech expense cost of the bank and alert for any surprises.

- Ensure for the monthly validation and analysis of data from Micro strategy and other automation tools.

- Support Digital Strategy and Automation Initiatives of the Group.

- Identify areas of process simplification to bring efficiency improvement, reduced TAT.

- Be an Integral part of various Operational Strategies and cost saving measures and assist the Group in identifying them, and methods to implement and track the savings.

- Consistent review of all accounting manuals, procedures, policies to establish best practice across the organization.

- Manage and interact a diversified team of professionals both onshore & offshore.

- Regular update of SOP and RCSA relating to Finance function.

Knowledge, Skills and Experience:

- Should have excellent oral and written communication skills; ability to articulate IT related cost and benefits.

- Preferably worked in IT companies and familiar with style, attitude, and culture in IT companies.

- Excellent people skills with respect to ability to coordinate work between different groups.

- Basic financial and accounting knowledge.

Educational Qualification: Must hold M Com / CA/ CWA.

Experience: 8-10 years.