Assistant Manager - Group Consolidation - Central Account (UAE National Only)
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
JOB PURPOSE - Assist in preparation, collection and consolidation of data for all Mashreq Bank entities so as to produce timely and accurate monthly, quarterly, half yearly and annual Financial Statements in line with International Financial Reporting Standards (IFRS).
Key Skills for This Role
Full Job Posting
Job Purpose
- Assist in preparation, collection and consolidation of data for all Mashreq Bank entities so as to produce timely and accurate monthly, quarterly, half yearly and annual Financial Statements in line with International Financial Reporting Standards (IFRS).
- Assist in maintenance of General Ledger (GL) systems (Flexcube & Oracle) across all legal entities in terms of new GL set up, changing existing accounts.
- Assist for Head Office accounting functions including maintenance of all accounting records pertaining to Head Office branch and related arrangements & recording of income from other sources etc.
- Assisting to prepare & provide information to external auditors.
Key Result Areas
- Prepare monthly consolidated group financial statements including quarterly / reviewed financials and annual financials prepared as per International Financial Reporting Standards (IFRS).
- Liaison with external auditor for Quarterly & Annual Financials for MB Group, representation letter, publication & printing of Group Annual Report.
- Arrange to open set up of new GL Accounts in Flexcube and OGL and Inter Ho/branches accounts in UAE and Overseas Branches.
- Manage receipt of monthly downloads from Flexcube and Oracle. Assistance in due analysis / validation produce periodic data relating to Mashreqbank Group (UAE, Overseas & subsidiaries) for consolidation of financial results for the Group through automatic process (OFSA/HFM).
- Act as Central point for managing (prepare, validate, upload & reconcile) all financial adjustment (OFSA/HFM) across legal entities to finalize consolidated MB Group Financials.
- Manage and update all maintenance tables (OFSA/HFM) required to prepare MB Group Financials like GL mapping, Branch code, Business group, cost centers etc.
- Prepare information relating to Mashreqbank shares trading activities in Dubai Financial Market (DFM) for submission to management and maintain record thereof. Also arrange for payment of DFM Invoices.
- Safe Custody of Property Documents, Share Certificates, Gold Coins and other MOA and AOA of different subsidiaries and arrange for its annual audit.
- Support to PMAD for providing information to reconcile Financial and Management Reporting.
- Review audit engagement letters and invoices for correctness and arrange this to be signed. Also arrange approvals and/or payments for Overseas Consultancy Audit activities.
- Preparation of Information for Foreign Investment Surveys and economic surveys from various Emirates Statistics center.
- Assist in other functions viz., Voucher posting, auditors letter to Management and prepare/update SOPs/flow chart for existing and new functions as and when changes are made.
- Involve in testing and implementation of IFRS reports for consolidation to align with the change/revision in the International Financial Reporting Standard disclosure requirement.
Knowledge, Skills And Experience
- The incumbent should be a Qualified Accountant with 2/3 years of work experience in the field of Accounting & Management reporting in computerized environment, having reasonable knowledge of various products being offered.
- He should have excellent interpersonal and written / spoken communication skills with good working knowledge of UAE Central Bank guidelines and International Financial Reporting Standards.
- Proficiency in computer application software is required.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Mashreq
Product Owner - Beyond Banking.Injaz-RBG-Ecosystems and Platform Banking.Retail Banking Group
Abu Dhabi, UAE
Job Purpose Mashreq – Beyond Banking Team Beyond Banking is a core capability within Mashreq’s Ecosystems & Platform Banking tribe, focused on building fintech‑integrated, non‑financial services and experiences that deep
Treasury Sales Manager
Doha, QAT
Job Purpose • To market /cross sell treasury products and services to existing client base and to solicit acceptable new relationships, including large corporate clients, in order to meet pre set financial and non financ
Unit Manager.CIBG - Corporate Origination and Business Development.41.Corporate & Investment Banking Group - UAE National
Abu Dhabi, UAE
Job Purpose - This role leads Mashreq’s UAE Middle Markets Origination Unit, responsible for originating and onboarding new-to-bank corporate clients with annual turnover between AED 200 million and AED 1 billion across
SVP - Operating Systems, Database & Storage.Injaz-TECH-TOPS-Technical Services&Systems Engineering.MIT
Abu Dhabi, UAE
The SVP - Operating Systems, Database and Storage is a critical leadership role charged with shaping and executing the strategy for Mashreq Bank’s next-generation technology platforms. Responsible for overseeing a global
SVP - Cloud, Virtualization & GPU/AI Platforms.Injaz - TECH - Cloud Center of Excellence.MIT
Abu Dhabi, UAE
The Head of Cloud, Virtualization, and GPI/AI Platforms is a critical leadership role charged with shaping and executing the strategy for Mashreq Bank’s next-generation technology platforms. Responsible for overseeing a
SVP -Datacenter Operations & Enterprise Monitoring.Injaz-Tech-TOPS-Datacenter & ATMs.MIT
Abu Dhabi, UAE
The SVP - Datacenter Operations and Enterprise Monitoring is a critical leadership role charged with shaping and executing the strategy for Mashreq Bank’s next-generation datacenter and monitoring and observability platf
Credit Evaluator.Retail Ops - Lending Ops - UnSecured Loans.Credit Management
Abu Dhabi, UAE
Key Responsibilities \ Review and assess credit applications submitted by customers. \ Analyze financial statements, bank references, trade references, and credit reports. \ Conduct credit risk assessments and recommend
Director, Wholesale Islamic.CIBG - Islamic Banking.Corporate & Investment Banking Group
Abu Dhabi, UAE
Grow existing Islamic corporate book inorganically (NTB) & organically (Existing corporate book) within CIBG & IBG in collaboration with the relevant product partners & respective relationship teams. - Maximize market sh
Product Owner - Beyond Banking.Injaz-RBG-Ecosystems and Platform Banking.Retail Banking Group
Abu Dhabi, UAE
Treasury Sales Manager
Doha, QAT
Unit Manager.CIBG - Corporate Origination and Business Development.41.Corporate & Investment Banking Group - UAE National
Abu Dhabi, UAE
SVP - Operating Systems, Database & Storage.Injaz-TECH-TOPS-Technical Services&Systems Engineering.MIT
Abu Dhabi, UAE
SVP - Cloud, Virtualization & GPU/AI Platforms.Injaz - TECH - Cloud Center of Excellence.MIT
Abu Dhabi, UAE
SVP -Datacenter Operations & Enterprise Monitoring.Injaz-Tech-TOPS-Datacenter & ATMs.MIT
Abu Dhabi, UAE
Credit Evaluator.Retail Ops - Lending Ops - UnSecured Loans.Credit Management
Abu Dhabi, UAE
Director, Wholesale Islamic.CIBG - Islamic Banking.Corporate & Investment Banking Group
Abu Dhabi, UAE