Finance Senior Associate - Gulf Cluster - -Dubai
Dubai -Career Category Finance Job Description Job Purpose: As a member of this fast-pace, complex and dynamic region, this individual will be the key point of contact and responsible to support the Gulf Cluster in the following processes according the predefined SOPs and SLAs. This position is based in Dubai - – United Arab Emirates, reports to Finance Sr. Manager that will lead the Gulf countries. Responsibilities: Main responsible for the consolidation of 5 countries in Gulf Cluster. Executes monthly Sales Landing process Prepares regular monthly OPEX reports Provides monthly and ad-hoc analyses and reports Assists annual budgeting, business and strategic planning processes Ensures internal and external reporting deadlines are met Works on improving the use of systems or new systems to be adapted. Contributes to improve relationships with internal stakeholders as well as external customers by pro-active communication and timely response to customer issues Takes part in or leads projects as assigned by the F&A Function Head or FP&A Manager Communicates and provides direction to Gulf Lead Team about financial trends and their business implications Provides decision support to various stakeholders (BU’s, project teams etc.) Maintains digital finance framework which consists of standard templates and digtal applications This position is expected to be a backup for the Senior Finance Manager for FP&A related tasks Outputs: Financial Analysis for decision support Budget, Latest Estimate (i.e., LE) Sales forecasts for production planning Long-range plan / Country Operating Plan Management reporting to management team and the different departments Presentations on demand of management team and the different departments Management reporting to Gulf LT Authority: Ensures all department activities are executed within company guidelines Leads initiatives to develop new approaches and guidelines Qualifications: Minimum Requirements: Bachelor’s degree in accounting, finance, or related field required. An undergraduate degree in science/engineering with an MBA (finance emphasis) also acceptable Solid understanding of consolidated reporting is essential 4 + years of corporate level experience with 2 + years of progressive finance / accounting experience Good general business knowledge (e.g., industry, finance, applicable laws, tax, insurances) Excellent knowledge of financial systems and tools (SAP, Hyperion, etc.) Excellent user of Microsoft Office Applications (Excel, Powerpoint, etc.) Good knowledge about digital finance applications (Tableau, Power BI, etc.) Proven ability to manage multiple projects, work effectively with cross functional partners and drive process improvement projects Fluent in English, in oral and written communication Preferred Requirements: Basic knowledge of US GAAP Detail oriented; strong business analytical skills Strong quantitative and analytical skills including familiarity with finance and accounting terms Proven ability to work effectively in in ambiguous situations and team environment Natural drive for process improvement & resource optimization Strong written, verbal communication and presentation skills Strong interpersonal skills; ability to influence people across functions and levels Ability to think strategically MBA and/or CPA Pharmaceutical/Biotech experience Join Us If you're seeking a career where you can truly make a difference in the lives of others, a career where you can work at the absolute forefront of biotechnology with the top minds in the field, you'll find it at Amgen. Amgen, a biotechnology pioneer, discovers, develops and delivers innovative human therapeutics. Our medicines have helped millions of patients in the fight against cancer, kidney disease, rheumatoid arthritis and other serious illnesses. As an organization dedicated to improving the quality of life for people around the world, Amgen fosters an inclusive environment of diverse, ethical, committed and highly accomplished people who respect each other but compete intensely to win. Together, we live the Amgen values as we continue advancing science to serve patients. . .
Insurance Consultant - Dream Inn Holiday Homes Rental LLC-Dubai
Dubai -AED4,000 - AED6,000 a monthLife insurance sales , investment and insurance .Job Type: Full-timeSalary: AED4,000.00 to AED6,000.00 /monthExperience:insurance or banking product sales experience.: 1 year (Required)Location:Dubai - (Required)
Credit Risk Startegy and Administration - Manager - Westbourne Partners-Dubai
Dubai -PermanentAbout us: We are the largest Financial Services firm in the MENA region with international offices across Africa, Asia, Europe and the Middle East. Position: Manager International Credit Department: Group Credit Administration – Group Credit Location: Doha, Qatar Job Summary: You will be responsible for handling credit administration function entailing review of the credit applications for correctness of legal documentation or approvals, recording, updating, monitoring and reporting of borrowers’ and credit facilities’ details and limits; review, approval of legal documents; collection, verification of security / collateral; authorizing disbursement of funds and utilization of credit facilities, preparation of MIS and portfolio management reports relating to the bank’s credit activities and portfolio. Monitor credit and detect early warning signs. Duties & Responsibilities: Perform activities within the assigned Credit Risk Strategy that reflects the Group’s tolerance for risk and the level of profitability the Bank expects to achieve for incurring various credit risks. Use standardized process for evaluating credit proposals ensuring that all approved credits are within the Bank’s Credit Risk Strategy. Ensure effective and efficient performance of the subsection to monitor and control all credit administration processes, minimize risks and optimize profits for the bank. Ensure that all policies, procedures and guidelines of the Bank and local regulatory authority are complied with. Continuously identify and highlight all relevant process defects and gaps relevant to the existing credit administration process and work flows and immediately take necessary and adequate corrections or mitigating actions, if required, to safeguard the Banks interest and ensure efficient and timely execution of required functions. Assist the Risk unit in creating Key Performance Indicators (KPIs) for the department and monitor their achievement on periodic basis. Coordinate with Compliance to ensure an appropriate response to obtain updates on regulations pertaining to credit risk review that are promulgated by Regulators, if any. Build and maintain strong and effective relationship with the all other related departments and units to achieve the Bank’s goals/ objectives. Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required. Adhere to the Turnaround Times (TAT) specified in the SLAs. Conduct comprehensive reviews and checks pertaining to documentation and limit inputs / updates prior to authorizing disbursements. Provide advice and support on all aspects of documentation matters to Credit Administration Staff at International Branches. Follow ups on the timeliness and coordination with International Branches on the production of credit reports for internal purposes on regular periodic basis or on demand by senior management, auditors, compliance or regulators. Implementation of the credit operations processes and procedures related to the receipt of customers request approved by credit to delivery of credit to customer account. Ensure all required documents are collected and reviewed prior to disbursing of loans / facilities to the customer accounts. Following the controls and ensure compliance procedures are implemented to identify & manage potential risk. Support the Credit team in preparing a recommendation to extend, decline, or request further structuring/ guarantees/ collaterals to the deal to minimize credit risk to meet our credit risk standards. Coordinate activities with International Credit Administration colleagues/manager to ensure the timely processing of customer credit requests within established TATs. Effective conduct of the documentation & credit facilities processes whilst maintaining independent control over related processes. Ensure that checklists requirement for credit facilities documentation preparation, accounts annual reviews and processing ensuring all credit requirements are fulfilled. Ensure physical custody of the original documents/legal paperwork are passed and held with Credit Operations asper the banks policy and procedures. Ensure all system executions are performed by operations and not Credit admin such as “limit input, fund disbursements and collateral updates on the core system” to avoid the occurrence of conflict of interest. Identify weak / defective aspects of credit applications, agreements, and documents, enforceability of security documentation submitted for review and coordinate with the relevant unit for rectification. Conduct periodic inspection of collateral to revalidate security lien and required loan to value (LTV). Follow-up on outstanding / pending credit facility, Monitor syndicated loans managed by Agency Unit or Third party facility agent. Conduct monitoring and control and ensure data integrity and arrange for periodic updates. Calculate value of collaterals on periodic basis and ensure that they are reflected in the systems and report to management where the collateral ratios are less than 100%. Report expired Insurance and appraisals, expired bank guarantee, real estate exposures on monthly basis to management. Maintain a list of all applications approved by CC and generate ratification report on quarterly basis. Detect “early warning signs”, and highlight to relationship manager to resolve potential issues with the client. Prepare portfolio and MIS reports. Identify and assess irregular customer’s credit condition, strength and weakness on negotiation, possible risky exposure, and probable loss to the bank if any. Monitoring of irregular accounts, conduct periodic / monthly reviews for accounts not resolved in 30 days, prepare a progress report and action to be taken by RM. Prepare daily irregular report and ensure that the all transactions done on previous dates received credit approval. Prepare and ensure all accounts have credit risk rating and facility expiry limits. Prepare and provide Focus List report, reports related to Group Credit Monitoring and Early warning. Prepare official assignment report to monitor repayments. Possess an understanding of business processes and controls in all related credit/ operational areas. Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operations. Ensures high standards of confidentiality and ethics to safeguard any commercially sensitive or personal information. Maintains high professional standards to uphold the Bank's reputation and to strengthen its market leadership position. All other ad hoc duties and/or activities related to us that management may request of the employee from time to time Education/Experience Requirements: Bachelor degree preferably in finance, economics or related subjects. Minimum of 8 years’ experience in a major regional or international bank in a corporate or Credit function. Minimum 3 years in a supervisory capacity in credit administration function. Good quantitative modelling, analytical, and research skills. Established knowledge and experience in Credit Administration operations. Good background and experience in Corporate Finance, Retail and Private Banking, Investment Banking and banking operations in general. Proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements. Superior knowledge and understanding of legal credit / security documentation and other relevant supporting documents. Knowledge of financial markets and products. Good understanding of credit risk methodologies (KMV, Credit Metrics, etc.), interest rate modelling [short rate models, HJM, BGM, etc.], VAR, and/or other complex financial risk modelling highly desirable. Self-motivated, eye for detail. Flexible team player and able to work and deliver under pressure. Ability to inspire and motivate others to gain commitment and lead teams from diverse cultural backgrounds. Ability to mentor, train and coach staff under supervision.