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Middle East Bankers
Chief Finance Officer PDF Print E-mail

 

Direct all aspects of the financial function of the bank in accordance with IAS, companies' law and regulatory bodies. Assist management in budget planning and performance. Play a proactive and creative role in adding value to business.
Oversee all financial activities and financial reporting

Key Responsibilities
1.     Planning and budgeting: head the budgeting process from planning phase to final submission to senior management and board.

 

2.     Periodical MIS & budgeting reports: review and discuss related reports within the dept for any variances or deviations.

 

3.     Coordination with other businesses: hold meetings with senior management or business heads to discuss budgeting or business issues.

 

4.     Results and financial position: present the budget results and overall financial position of the bank to senior management and the board.

 

5.     Management accounting policies / framework: ensure proper implementation of management's policies which mitigate the risk of unrecorded liabilities or over statement/ understatement of assets and liabilities.

 

6.     Financial and regulatory reporting:  ensure proper review and timely submission of financial and regulatory reporting.

 

7.     Year and financials: Coordinate with external auditor's smooth probation and timely submission of the audited F/S of the bank.