[Remote] Senior Officer Finance (New York, USA)
Note: The job is a remote job and is open to candidates in USA. Mashreq Corporate & Investment Banking Group is seeking a Senior Finance Officer to ensure the efficiency and compliance of the Branch’s accounting system with Central Bank and Bank’s policies. The role involves monitoring transactions, managing tax payments, coordinating with auditors, and preparing financial reports.ResponsibilitiesMonitor recording of transactions in New York Branch for conformity with International Accounting Standards and Bank’s Accounting policies and Procedures Manual (APPR) read in conjunction with Operating Policies Manual (OPM) and with the financial powers delegated as per Authority Delegation Manual (ADM)Monitor adherence to respective local regulatory requirements including those related to Accounting, Reporting and other MIS. Keeping abreast of the changes in regulatory requirementsManagement of Tax payments and tax audit assessmentCoordinate with external auditors and provide Audit required reports and documentationsProvide Alco reportsEnsure due control on the following in the Branch/Edge Act Corp:Integrity of branch accountsPreparation and transmission of required MIS and reports for HO, UAE Central Bank and local regulatory agencies on a timely and accurate basisFixed Assets ControlReconciliation of Nostro Accounts and prompt follow up of outstanding entriesChecking of posting journalsManage/Handle completion of special projects such as Customer/Product Profitability/Transfer pricing, etcMonitoring of expenses processing ensuring that these have been duly approved by delegated authority and are within permissible limits/approved budgets and are supported by proper documentationMonitor MIS/reporting functions of Treasury Back Office such as preparation of cash flow, funds position, FX position, revaluation, reporting to Central BankConsolidate annual Financial Plan for the BranchPeriodic assessment of performance of all business function vis–a-vis the financial plan and update Manager Finance with results, providing analysis of positive, negative, and wide varianceSkillsMinimum of 7 years' experience in finance, including at least 5 years in financial analysis and planning (FP&A)CPA or equivalent professional qualification (ACCA, CMA, etc.) is required or highly desirableStrong expertise in budgeting, forecasting, financial modeling, and variance analysisThorough understanding of International Accounting Standards (IAS/IFRS)Knowledge of banking products, financial instruments, and operational proceduresAbility to understand, implement, and manage accounting or ERP systems effectivelyExcellent analytical and problem-solving skills with strong attention to detailStrong interpersonal and communication skills, both written and verbalGood organizational and time management skills, with the ability to handle multiple prioritiesBanking or financial services experience preferred, with knowledge of industry practicesCompany OverviewCorporate and Investment Banking Group At Mashreq, our aim is to innovate and distinguish our relationship banking approach, leveraging our long-standing heritage in Corporate & Investment Banking. It was founded in 1967, and is headquartered in Dubai, United Arab Emirates, AE, with a workforce of 501-1000 employees. Its website is https://www.mashreqbank.com/uae/en/corporate/home.