• CBD Bank Jobs | Manager, Enterprise GL Substantiation & Governance

    CBD Bank Jobs | Manager, Enterprise GL Substantiation & Governance

    Location: United Arab Emirates

    Job Description

    Support the Head of Finance Governance and Transformation in the building, maintenance and management of the bank’s balance sheet substantiation and attestation framework across the enterprise. The role will also ensure governance and effective management, maintenance and control of balance sheet accounts and their associated balances across the enterprise, as well as provide oversight and support through the development and maintenance of necessary enterprise processes, technology, policy and reporting.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Develop and maintain a comprehensive and effective GL reconciliation structure and policy

    • Redesign and maintain governance of operational processes and controls influencing the GL across the enterprise

    • Consolidation and interrogation of balances at risk with the creation of action plans to drive management of issues

    • Develop account classification and risk ratings in collaboration with units across the bank.

    • Represent at Financial Governance Committees with respect to Balance Sheet Substantiation (BSS)

    • Manage and maintain oversight and control of the enterprise wide GL ownership (including sub-ledgers)

    • Chart the business requirement document to support the existing system gaps to support balance sheet reconciliation, substantiation and attestation system (enterprise wide)

    • Develop and maintain reporting standards for reconciliations and substantiation

    • Develop and govern the policy and guidelines to meet the requirement of the bank’s balance sheet substantiation and attestation framework

    • Ensure control of handover points in the BSS process so as to ensure transaction flows to the general ledger (GL) are understood and managed

    • Support Finance Transformation to develop an understanding of and map complexity between Finance systems and Operation systems especially transaction flows from source system accounts to the GL

    • Control movement of account ownership across the enterprise

    • Manage sign off, attestation and submission processes of Balance Sheet accounts

    • Assure clean balance sheet audit results from internal and external audit

    • Design and implement appropriate finance policies and procedures to ensure accurate capture and accounting treatment for all transactions

    • Track key accounting matters ensuring appropriate level of engagement and oversight, ensuring absolute integrity in the bank’s financial reporting.

    • Implement and maintain the monthly review program ensuring financial controls are in place and appropriate reconciliations, substantiations and attestations are completed.

    • Improve the control environment of units across the bank by monitoring the accounting operations and reporting disciplines.

    • Ensure appropriate access rights impacting the GL across the bank

    Job Requirements

    • Chartered Accountant with superior accounting skills and experience.

    • Highly computer literate with a comprehensive knowledge of commercial business drivers

    • 6+ years’ experience in finance / accounts functions preferably in an international financial services organization

    • Public practice experience preferably with a big 4 auditing firm

    • Experience working in international financial services organization managing balance sheet reconciliation, substantiation and attestation practices preferred

    • Knowledge of finance, commercial and accounting concepts, processes and procedures

    • Good command of English with additional language skills

    • Exceptional analytical skills

    • Superior report writing and presentation skills

    • Excellent numeracy and accuracy

    • Good stakeholder management and influencing skills

    Job Details

    Company: Commercial Bank of Dubai - CBD

    Employment Type: Full-time

    Job Location: Dubai, United Arab Emirates