Officer - Retail Finance Reconciliation

ADIB - Abu Dhabi Islamic Bank

Role : Officer - Retail Finance Reconciliation
Location : Abu Dhabi

Role Purpose:

Assist the HOD to ensure the smooth and secure functioning of department processes.To ensure accurate level of financial integrity , provide operational efficiency & strategic insights through effective MIS & optimized resource allocation through capacity planning while adhering to regulatory standards and minimize risks

Key Accountabilities of the role

• Oversee periodic finance reconciliation of accounts & ensure accuracy & compliance (for GL s related to internal & external processes)).
• Direct & assist in Investigating and resolving discrepancies & variances in financial issues& processes.
• Ensure accuracy and compliance in with regulatory requirements in all reconciliation processes.
• Collect, analyse and collaborate with various units to present data to support decision making.
• Develop & maintain MIS reports and dashboards to provide insights into retail operations.
• Assist and forecast the capacity requirements for retail finance operation.
• Optimize capacity utilization while maintaining service quality and compliance.
• Prepare & deliver comprehensive reports to management & stakeholders.
• Monitor performance indicators & provide continuous improvement.
• Ensure adherence to all regulatory guidelines and internal policies in reconciliation and MIS.
• In collaboration with FCD, Prepare & submit department VAT reports in accordance with regulatory requirements & guarantee accurate calculations.
• Manage & run precise settlement of department s commodity based product.
• Manage FCY currency payment invoice processing & payment.
• Regularly Liaise & collaborate with external entities to streamline & optimize processes.
• Identify & mitigate implicit risks associated with routine & adhoc work.