VP, Enablement
1 week ago
Job Purpose Responsible for overall financial reporting and analysis of FAB’s Group Strategic Project Portfolio and IT-Managed Cost Base. Key Accountabilities Supervision – Provide guidance and on‑the‑job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in a timely and efficient manner. Promote the organization’s core values and ethics in all activities within the team and wider organization to support the establishment of a value‑driven culture within the bank. Budgeting and Financial Performance – Monitor the financial performance of a given area of activity versus budgets and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management. Identify risks and opportunities and advise management on measures to facilitate further decision making. Policies, Systems, Processes & Procedures – Provide inputs and implement policies, systems and procedures for the assigned team so that all relevant procedural/legislative requirements are fulfilled while delivering a quality and cost‑effective service. Continuous Improvement – Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction. Reporting – Prepare sectional statements and reports timely and accurately to meet business and/or department requirements, policies and quality standards. Job Specific Accountabilities Project Financial Governance – Collaborate with PMO and related cross‑functional stakeholders to manage the financials of the bank’s strategic investments portfolio. Participate in the bank’s strategic planning processes to enable a streamlined view of the Strategic Portfolio pipeline. Support and guide the cross‑functional stakeholder in their business case development in terms of financials (Costs and Benefits) by ensuring the assumptions are relevant and in line with the Bank policies and strategy. Support with the business case budget approvals, and drive and coordinate the budget implementation with the Lines of Business for consistent cost/benefit budget allocation as per the Group cost allocation policy. Support budget reviews/changes related to strategic portfolio by conducting impact assessment of costs and benefits for each line of business. Portfolio Insights Oversight and monitoring of financial performance of in‑flight initiatives to ensure costs and benefits realized are in line with the approved business‑case budgets. Prepare projections of project capitalization and forecast the financial impact on each line of business. Conduct periodic reviews of portfolio financial data maintained by IT PMO project system to enable the bank’s EXCO and senior stakeholders to have the first view of the bank’s consolidated portfolio financial information. Ongoing financial reporting, scenario analysis, forecasts and insights generation on the bank’s strategic portfolio and its financial performance for guiding informed decision by EXCO, Group Technology Steering Committee, Group Heads and other Executive authorities within the bank. Identify opportunities for synergies and cost optimization of the portfolio to realize incremental benefits and cross‑functional alignment across initiatives, based on portfolio oversight and analysis processes. Support for impact analysis, optimisation and prioritisation by EXCO stakeholders. Reporting Produce regular MI to report on performance of Strategic Portfolio. Ongoing monitoring of benefits realized post the completion of initiatives. Design and prepare financial performance metrics reports that enable a holistic and centralised financial view of the bank’s strategic portfolio. Policies, Systems, Processes & Procedures In line with best practices, standardise processes and related standards in terms of business‑case financial submissions to enhance, facilitate and improve the process. Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner. Demonstrate compliance to the organisation’s values and ethics at all times to support the establishment of a value‑driven culture within the bank. Continuous Improvement Conduct stakeholder awareness programmes on the business‑case financial submission processes, leading practices and standards. Minimum Qualification Must have a Bachelor’s degree. Professional qualified Accountant (CA, ACCA etc) or Masters level qualification. Minimum Experience 10+ years’ relevant experience in the banking sector with at least 10 years in similar positions of progressively increasing managerial responsibilities in the Finance function. Demonstrated ability to successfully manage and motivate a team of Finance professionals. Experience in leading a team and working with senior/management stakeholders on a regular basis. Ability to respond to and resolve issues & needs within the team as well as business stakeholders. Must be detail‑oriented but not lose sight of the ‘big picture’. Ability to multi‑task and work under pressure while delivering high quality results is crucial. Seniority Level Executive Employment Type Full‑time Job Function Project Management and Information Technology Industry Banking #J-18808-Ljbffr
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Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full timeVP- Compliance Advisory- Enablement Functions Company Description Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is...
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VP, Enablement
1 week ago
Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full timeJob Purpose Responsible for overall financial reporting and analysis of FAB’s Group Strategic Project Portfolio and IT-Managed Cost Base. Key Accountabilities Supervision – Provide guidance and on‑the‑job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in a timely and...
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