VP, International Finance

Role Overview

VP, International Finance at First Abu Dhabi Bank. This role manages Management Information (MI) reporting and drives financial performance for the International Banking Division.

Role Purpose

To enable comprehensive financial data visibility of the business position through robust MI design and governance, collaborate across Group Finance functions to deliver standardized MI reporting, and plan targets to ensure international business success.

Key Responsibilities

Month End Process

• Prepare and manage the monthly MI reporting cycle for International Banking Division to report and explain month end actuals.
• Ensure results are accurate and clearly highlight any known issues.
• Produce and manage production of monthly MI packs for International Banking Division, highlighting actual results and forecast with strategic commentary to create broad understanding of International Banking Division financial performance.
• Ensure MI packs production is well-managed with data controls and checks to ensure MI quality (accuracy and completeness) and timely delivery to relevant stakeholders across International Division and Group, including Flash Pack, MI Pack, Forecast & Pipeline Pack, Business Review Pack, and N1 & N2 BSC Pack.
• Implement appropriate maker/checker controls for all MI packs.
• Ensure monthly and quarterly (or any specific periodical window) Price and Cost Plus (PcP) and budget adjustment process is well-managed for International Banking Division by maintaining effective process and communication with country Finance teams, Group FPA team, and Group products/segments Finance teams to implement necessary PcP and budget adjustments with appropriate adjustment Delegation of Authority approval.

MI Governance

• Develop and manage the International MI reporting governance framework to determine necessary MI scope (what is required to provide robust and factual insights on financial performance), MI schedule (when MI packs can be ready for timely business decision making), and MI quality (what controls are required to ensure MI accuracy and completeness).
• Design and build International MI reporting models and align with Group FPA and other Product MI and Segmental MI reporting teams to ensure consistent implementation across international locations.
• Build and maintain efficient MI working files to enable smooth and seamless MI packs production (for MI completeness and timeliness), with built-in data validation controls (for MI accuracy).
• Build and maintain standardized financial MI data and presentation models by coordinating feedback and financial presentation requirements from business stakeholders from International and Group.
• Rollout standardized financial MI data and presentation models to country Finance teams and guide country Finance teams to apply standardized models consistently for country strategy presentation and business review presentation.
• Design and build robust MI data model to support strategic analysis (both regular and ad hoc basis).
• Act as the Primary Point of Contact (representing International CFO) to support various MI transformation, reporting automation, budget and forecast process, and system changes projects implementation.

Budget & Forecast Process

• Act as the Primary Point of Contact (representing International CFO) for International Banking Division's budgeting and forecasting process, including budget and forecast system changes projects implementation.
• Implement and manage process flow to enable monthly rolling forecasting framework with structured work process across International locations.
• Develop and maintain efficient process flow to aggregate country bottom-up forecast as International divisional level bottom-up forecast, covering all necessary MI aspects, including key Profit & Loss and Balance Sheet lines, products, segments/sectors, and corridors.
• Drive the annual budgeting process for International Banking Division by pulling country bottom-up budget through structured process and communication with country Finance teams.
• Act as the Primary Point of Contact (representing International CFO) for the annual budgeting process to drive country Finance teams for timely submission of country bottom-up budgets and ensure country bottom-up budgets quality (sensible budget with growth assumptions in line with Group FPA guidance).
• Engage various budgeting stakeholders via structured process and communication plan (including Group FPA, product Finance teams, segments Finance teams, Group Treasury/Asset and Liability Management, Credit and Risk, country Finance teams, and international management team) to ensure budget and forecast are complete and holistic, highlighting key risks and opportunities to drive financial performance.

Strategy and Business Review

• Participate actively in country business review and International business review by providing strategic inputs on key financial insights, including key trends and drivers by products, segments, countries, corridors, key clients, and key General Ledgers.
• Prepare or critique business cases or initiatives aimed at enhancing country and International performance.

Oversight & Operational Deployment

• Connect country Finance teams with International Business Financial Analytics and International Financial Governance teams and relevant Group Finance teams on issues pertaining to MI, FPA, budgets, financial control, taxation, and provide input from regular financial assessment and investigation.
• Provide hands-on FTE capacity to regional and country finance projects with heavy workloads, staff absence, cross training, and contingency planning.
• Provide thought leadership to country Finance teams in subject matters covering the full spectrum of Group Finance activity (FPA, Business Partnering, Treasury, Financial Reporting, Tax and Control).

Stakeholder Management

• Collaborate with Group FP&A and Group Products & Segments Business Finance functions to drive smooth and seamless MI reporting process for International Banking with standardized and consistent MI format across products, segments, and countries.
• Effectively coordinate, communicate, and build excellent relationships with key stakeholders across Group Finance, country Finance, product and segment Finance.

Qualifications & Experience

Education

• Degree or Professional qualifications such as ACA, CPA, or MBA.
• Relevant Accounting or Tax qualification preferred.

Experience

• Minimum 10–12 years of experience in Finance or FPA in Banking.
• Banking and Financial services industry experience required.
• Good accounting principles knowledge.
• General corporate tax and Transfer pricing experience preferred.
• Work experience across multiple countries preferred.
• Some knowledge of IT systems and use of tax accounting systems.

Skills & Competencies

• Strong communication and interpersonal skills.
• Ability to work under pressure and within tight deadlines.
• Ability to interact with multiple stakeholders across the bank.
• Good drive and initiative.
• Attention to detail.
• Quick learner and self-motivated.
• Ability to record issues and propose solutions with good document management skills.

Additional Information

• Group Finance policy adherence required.
• Group FPA policies and procedures required.
• Delegated Authorities determined by operational deployment as and when they occur.