AVP, Accounting & Cost Management

First Abu Dhabi Bank
Abu Dhabi
Workplace: OnsiteFull timeFunction: Finance & AccountingExperience: 5+ yearsEducation: professionalSkills: ["Interpersonal skills","Communication skills","Multi-tasking","Attention to detail","Proactive"]

Manage end-to-end cost activities for Personal & Private Banking, including cost booking, review and line-by-line cost reporting, accruals, amortizations, and manual adjustments tied to month-end processes. Lead business finance reviews for purchase requisitions, ensuring correct responsibility centers, approvals, and GL setup. Reconcile suspense accounts, coordinate provision/provisioning postings and amortization entries, and ensure timely approvals and accurate financials aligned with accounting standards.

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FursaFursa
First Abu Dhabi Bank
First Abu Dhabi Bank
2 days ago

AVP, Accounting & Cost Management

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Last checked: 15 hours agoStatus: Live

Job Summary

Manage end-to-end cost activities for Personal & Private Banking, including cost booking, review and line-by-line cost reporting, accruals, amortizations, and manual adjustments tied to month-end processes. Lead business finance reviews for purchase requisitions, ensuring correct responsibility centers, approvals, and GL setup. Reconcile suspense accounts, coordinate provision/provisioning postings and amortization entries, and ensure timely approvals and accurate financials aligned with accounting standards.
Location: Abu Dhabi
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Sr. Director level

Key Responsibilities

  • •Perform cost booking, cost review and analysis, and cost reporting for Personal & Private Banking business divisions.
  • •Ensure expenses and income are accrued to the correct periods aligned with accounting standards; manage accrual processes.
  • •Conduct month-end manual adjustments (exclusions/incorrect bookings), maintain related records, and confirm corrections in core banking systems.
  • •Review purchase requisitions with business finance review on accounting and budget availability, including correct responsibility center and general ledger; clear requisitions timely.
  • •Coordinate income/cost provision processes and amortization entries for key GL lines; reconcile suspense accounts under ownership and manage chart of account needs with reporting standards.

Key Requirements

  • •Professional degree in Accounting/Finance.
  • •CA/ACCA/CPA certification preferred.
  • •Around 5+ years of working experience in banking in similar roles.
  • •Strong understanding of retail banking business.
  • •Proficiency in MS Office tools.
Experience:5+ yearsBankingRetail banking
Education:Professional (JD, MD, etc.) in Accounting/Finance
Skills:Interpersonal skillsCommunication skillsMulti-taskingAttention to detailProactive
Certifications:CAACCACPA
Tech Stack:MS Office

Company Brief

First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) is the UAE’s largest bank, offering retail, corporate, investment banking, wealth and Islamic banking services across multiple continents, formed by the 2017 merger of First Gulf Bank and National Bank of Abu Dhabi.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Abu Dhabi, United Arab Emirates
Founded: 2017
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