Assistant Manager/Manager – Financial Control

Job Purpose

RAKBANK is looking to hire a finance professional to lead the General Ledger (GL) implementation and post implementation activities

Responsibilities

• Leading the GL project implementation, designing the structure/architecture and ensuring the smooth functioning of GL control
• Developing, maintaining and reviewing Chart of accounts (COA)
• Supervising and ensuring the efficient working of all financial transactions in the organization
• Developing model journal entries and monitoring the account reconciliation
• Evaluating and taking necessary steps to enhance/optimize the current accounting policies and processes
• Elucidating as well as delivering user stories and acceptance criteria to the project team and developers, for the required changes in accounting and finance
• Reviewing of testing results for the process/system related changes in the bank
• Sign off accounting entries in UAT for the changes in the respective systems
• Verifying end to end accounting entries through all the channels
• Acting as a subject matter expert and communicating with relevant stakeholders on the change initiatives which has GL impact
• Representing the finance team in discussions to identify inter-dependencies, and providing functional inputs to changes/ new requirements related to accounting and finance
• Overseeing the reconciliation of GL accounts through various systems
• Ensuring the timely delivery of project within the agreed timelines
• Automating finance and accounting activities/reports

• Ability to understand and implement accounting standards
• Ability to manage relationship with vendors/internal stakeholders
• Awareness of AML, customer confidentiality, safety & security standards
• Awareness of banking regulatory framework, banking policies, fair practices

Experience

• 5 - 10 years of experience in Banking & Finance
• Understanding of banking products, GL maintenance and reconciliation
• Prior experience in GL implementation
• Knowledge in core banking system is an added advantage