Head of Product Control ALM Sales Performance Management
1 month ago
About the Role:
We are seeking a highly skilled and experienced Head of Product Control ALM Sales Performance Management to join our team at Emirates NBD Dubai. As a key member of our finance team, you will be responsible for designing and implementing an appropriate framework for accounting, controls, and performance matters across the Group.
Key Responsibilities:
- Work closely with stakeholders across the Group to ensure information produced remains relevant and aids decision making.
- Ensure daily P/L's are delivered on a timely and accurate basis.
- Provide an analysis of trading results and explain variance with traders' estimates (P/L Attribution).
- Creation of accounting plans for new products within the framework of international accounting standards.
- Front to Back reconciliation and OGL to sub system reconciliation.
- Ensure integrity and accuracy of accounting and reporting, and that all elements of revenue generation and costs are captured.
- Ensure Compliance at GM&T to accounting principles and practices, and IFRS.
- Review the hedge effectiveness testing results on periodic basis and ensure accounting is in line with the results and the standards.
- Review impairment testing results and ensure impairment provisions are made in the General ledger in line with the standards.
- Work closely with Head of Treasury Finance, Group Finance, Business Finance Heads, GM&T Business Heads and FIN ALM to produce forecasts for the GM&T business.
- Establish a planning framework which enables modeling of key drivers of revenues, costs, balance sheet and their levers thereby facilitating accurate rolling forecasts.
- Proactively highlighting risk and opportunities to drive tactical & strategic growth of business and effective cost management.
- Track performance against budget/forecast and explain variance.
- Ensure FTP charged is in line with the agreed methodology.
- Responsible for ensuring a high standard of support for key projects/initiatives supporting the businesses and Finance's strategy, including changes in systems and products, changes in accounting standards.
- Perform UAT of systems and ensure accounting is in line with the agreed plan.
- Ensure effective control framework in place and maintained at various levels across GM&T business and related legal entities.
- Proactively engage with relevant business heads and other stakeholders to identify and close any potential control gaps in a timely manner.
Requirements:
- Should be a Qualified Accountant/CFA.
- Experienced Product Control specialist with minimum 10 years post qualification experience in a large Bank with strong relevant experience across treasury products and verticals within Product Control.
- Relevant experience of ALM highly desirable including funding center/FTP and hedge accounting for Treasury Products.
What We Offer:
We offer a competitive salary and benefits package, as well as opportunities for professional growth and development. If you are a motivated and experienced professional looking for a new challenge, please submit your application.
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Dubai, Dubai, United Arab Emirates Emirates NBD dubai Full timeJob Title: Head of Product Control ALM Sales Performance ManagementEmirates NBD Dubai is seeking a highly skilled and experienced professional to fill the role of Head of Product Control ALM Sales Performance Management. The successful candidate will be responsible for designing and implementing an appropriate framework for accounting, controls, and...
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Dubai, Dubai, United Arab Emirates Emirates NBD dubai Full timeJob Title: Head of Product Control ALM Sales Performance ManagementEmirates NBD Dubai is seeking a highly skilled and experienced professional to lead our Product Control team in ALM Sales Performance Management. As a key member of our Finance team, you will be responsible for ensuring the integrity and accuracy of our accounting and reporting processes, as...
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