Manager Finance

Manager Finance

Emirates NBD
7-12 years
Not Specified

Job Description

Job Description

Manager Finance, P
ENBD Group Finance
1. Organisation Unit Purpose
To provide Finance support to the Corporate & Institutional Banking (C&IB) businesses of the Group covering Corporate Banking, Institutional Banking, and Investment Banking subsidiaries - EMCAP, ENBD Securities across UAE & other Emirates NBD's presence countries.
2. Job Purpose
The job holder is part of the C&IB Business Finance team responsible for providing insightful Finance support to the Segment/ Product Heads in C&IB business in key tactical and strategic decision making. The job holder will support the Segments/ Products business teams to provide analytics and support decision making and ensuring that Group financial policies and control framework are consistently applied across the segments/ products in C&IB Banking business units.
Job Descirptions
1. Timely, accurate and insightful management information to the Segment/ Product teams at various levels across the C&IB Banking organization.
. Utility of MI to stakeholders within the Segment teams
. Work closely with key stakeholders within the Segment/ Product teams to ensure that management information produced remains relevant and aids decision making.
2. Robust and dynamic strategic and financial planning process within the Segment/ Product teams.
. Robust medium term strategy for the Segments/ Products
. Accurate and meaningful forecasts capable of quarterly updation
. Work closely with the Head of Finance and Segment/ Product heads in developing a robust and ambitious medium term strategy covering all key opportunities and risks.
. Establish a planning framework which links to the medium term strategy and enables modeling of key drivers of revenues and costs thereby facilitating accurate multi-year rolling forecasts.
. Establish and sustain alignment between Product and Segment revenues
3. Finance & Accounting support with smooth process of launching of new products/ processes
. Finance discipline with control over accounting policies and GL set up processes
. Support Business with Finance policies on setting up of a new product / process.
. Liaise with Group FIN team for infrastructure set up.
4. Financial discipline within the Segments/ Products in investment spend and post implementation reviews
. Business cases for all material investment spend.
. PIR process to evaluate effectiveness of investment spend
. Establish and maintain a robust challenge process for business cases submitted by the Segment/ Product teams while at the same time ensuring efficient response times.
. Establish and maintain a robust post implementation review process for all material investments spends within the Segments/ Product teams
5. Robust cost management framework within the Segments/ Products
. Understanding of costs and cost dynamics at all levels across the various Segments/ Products
. Establish a framework for providing a clear and transparent analysis of costs across various levels within the Segment/ Product
. Establish a process for business unit heads to fully understand and challenge costs - both internally and externally.Qualifications

Job Specifications
. A qualified accountant or an MBA with specialization in Finance
. Between 7-12 years of post- qualification experience in the Finance function of a large bank with exposure to business finance/ stakeholder management
. Exposure to C&IB Banking especially Transaction Banking-Trade & Cash
. A thorough understanding of finance concepts, business performance management and planning. Strong written and oral communication skills and ability to interact at senior management levels.

Job Details

Employment Types:



About Emirates NBD

Emirates NBD was initially formed as National Bank of Dubai (NBD) on 19 June 1963 by then Dubai's ruler Sheikh Rashid bin Saeed Al Maktoum, forming the first national bank established in Dubai. NBD merged with Emirates Bank International (EBI) on 6 March 2007, to form Emirates NBD. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM).

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