Manager Financial Reporting

Mashreq Corporate & Inve...

Responsible for Head Office accounting functions

Responsible for monthly consolidated group financial statements including quarterly / reviewed financials and annual financials prepared as per International Financial Reporting Standards (IFRS).


Coordination with external auditor for Quarterly & Annual Financials for MB Group including their audit, regulatory approvals, management letter, publication & printing of Group Annual Report and preparation of related MIS in line with UAE Central Bank guidelines and IFRS.
Manage accounting functions including maintenance of all accounting records pertaining to Head Office branch and related arrangements & recording of income from other sources etc.
Review / analyze new General Ledger (GL) requirement, arrange set up of new GL Accounts in Flexcube and OGL and Inter HO/branches accounts.
Coordinate/Support in testing of new products development, implementation of new accounting banking systems or their upgrade, new initiatives etc.
Pass transactions & maintain/record of overseas branches Capital/Un-remitted P/L, Additional Reserve and related transfer of funds etc.
Prepare working and arrange Head Office Management Fee Certificates from external auditors for overseas branches as per requirement.
Design formats/prepare specification, test and implement IFRS reporting and consolidation system in UAE & overseas branches to align with the change/revision in the IFRS disclosure requirement.
Review audit engagement letters and invoices for correctness and arrange this to be signed.
Assist in fulfilling the requirement for Annual General Meeting (AGM) for MB Group in terms of Annual Report, Consolidated Financials, Pillar 3, financial results folder with CD, providing information for presentation to Board of Directors, publication on MB Website.
Assist in other functions viz.