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IMI CIB - Accounting Manager

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Intesa Sanpaolo

1mo ago

  • Job
    Full-time
    Senior Level
  • Dubai

AI generated summary

  • You need 7+ years in finance/BIG 4, IFRS and DFSA expertise, a Bachelor's in Accounting, CPA/CA preferred, strong finance background, and solid communication skills. English fluency is essential.
  • You will manage financial reporting, oversee accounting processes, ensure compliance with tax regulations, supervise staff, and drive improvements in operations and efficiency.

Requirements

  • Minimum 7 years, preferably in a Financial Institution or Big 4 Audit experience
  • Must display subject matter experience in IFRS accounting and DFSA regulatory reporting
  • Experience in the Financial Services industry
  • Bachelor's in Accounting or related field
  • Certification in Accounting preferable (e.g. CA, ACCA, CPA)
  • Master's degree a plus
  • Solid background in Accounting and Finance
  • Strong communication skills
  • Attitudes: Goal oriented, Problem Solving, Teamworking
  • Fluent English, Italian is a plus

Responsibilities

  • Responsible for the timely and accurate preparation of financial reporting including, but not limited to, statutory reporting and head office reporting.
  • Responsible for all financial management aspects of business in view of Bank's strategy. Also provide leadership and coordination in business planning, budgeting, and performance measurement efforts for bank's business in UAE.
  • Ensure prompt, efficient and cost-effective processing of all tasks assigned to the Accounting and Administration Department.
  • Ensure that all transactions are properly entered into accounting records.
  • Ensure timely and accurate verification of all daily reports aimed at highlighting any possible issues within the branch's accounting books.
  • Prepare and submit the quarterly Value Added Tax ("VAT") return to the tax authorities in UAE for all UAE branches.
  • Keep abreast of all taxation developments in the region and support the Branch's compliance with implementation of Corporate Income Tax and Transfer Pricing Regulations and other(s) as may be required from time to time.
  • Ensure that all accounts payable and receivable are regularly monitored, and relevant outstanding items duly justified and documented.
  • Support the Head of Accounting and Operations by forecasting capital budget related requirements, in coordination with the other managers in the department, particularly ICT and Building Services.
  • Ensure periodical cost analysis.
  • Direct supervision of staff within the Accounting & Administration Department, providing guidance on all operational, and organizational aspects.
  • Promote a culture of early and timely escalation, ensuring that root cause analysis is undertaken for all operational incidents and following these through with relevant recommendations.
  • Liaise with the organizational and IT functions within the bank in assessing needs for improvement within the bank's systems.
  • Ensure tests are carried out for new enhancements and upgrades of the systems and applications in use in the Department.
  • Oversee and ensure that requirements associated with the business continuity and disaster recovery plans are met.
  • Evaluate the policies and procedures of the department, implementing efficiencies where possible in order to improve its overall effectiveness.

FAQs

What is the primary responsibility of the IMI CIB - Accounting Manager?

The primary responsibility of the IMI CIB - Accounting Manager is to ensure the timely and accurate preparation of financial reporting, manage financial aspects of the business in line with the Bank's strategy, and provide leadership in business planning and performance measurement.

What experience is required for this position?

A minimum of 7 years of experience is required, preferably in a Financial Institution or with Big 4 Audit experience, along with subject matter expertise in IFRS accounting and DFSA regulatory reporting.

What qualifications are necessary for the IMI CIB - Accounting Manager role?

A Bachelor's degree in Accounting or a related field is necessary, with certifications in Accounting (e.g., CA, ACCA, CPA) being preferable. A Master's degree is considered a plus.

Is knowledge of multiple languages preferred for this role?

Yes, fluency in English is required, and knowledge of Italian is considered a plus.

What skills are important for this job?

Important skills include strong communication abilities, a solid background in Accounting and Finance, goal orientation, problem-solving capabilities, and teamwork.

Will the Accounting Manager oversee a team?

Yes, the Accounting Manager will have direct supervision of staff within the Accounting & Administration Department.

What is the significance of VAT in this role?

The Accounting Manager is responsible for preparing and submitting the quarterly Value Added Tax (VAT) return to the tax authorities in the UAE for all UAE branches.

Are there opportunities for professional growth within Intesa Sanpaolo?

Yes, Intesa Sanpaolo offers a challenging career path with opportunities for professional development and growth.

What is expected regarding financial compliance?

The Accounting Manager is expected to keep abreast of taxation developments and ensure compliance with Corporate Income Tax, Transfer Pricing Regulations, and other relevant regulations.

Is experience in the Financial Services industry necessary?

Yes, experience in the Financial Services industry is important for the role of Accounting Manager.

Intesa Sanpaolo

Finance
Industry
10,001+
Employees

Mission & Purpose

Intesa Sanpaolo is the largest banking group in Italy with a significant international presence. Its distinctive business model makes it a European leader in wealth management, protection and advisory and ensures its strong focus on digital. Its commitment to ESG foresees, by 2025, €115 billion of impact financing and contributions of €500 million to support people in need. Gallerie d'Italia, is the exhibition venue for the bank's artistic heritage and artistic projects of recognised value.