Job Purpose
To lead and strengthen the financial control framework across the bank by ensuring robust governance, control oversight, accounting integrity, and financial risk management across products, processes, systems, and jurisdictions. The role acts as a central point of coordination for financial control related matters across business, operations, technology, finance, and transformation initiatives, ensuring consistency in accounting treatment, reconciliation standards, reporting integrity, and compliance with accounting standards, regulatory expectations, and internal governance frameworks.
The role is also responsible for overseeing second-line monitoring activities relating to sundry and suspense governance, reviewing recent products and process changes from a financial control and accounting perspective, assessing risks arising from system and operational changes, and supporting automation, digitization, and control transformation initiatives across the bank.
Key Result Areas
- Oversee and strengthen the bank’s financial control framework across products, processes,
systems, and geographies.
- Perform second-line oversight and monitoring of sundry and suspense account governance, including review of ageing balances, threshold breaches, unresolved items, and related risk exposures.
- Ensure timely identification, escalation, tracking, and resolution of aged or high-risk balances in coordination with Operations, Finance, Technology, and business teams.
- Review and assess financial control risks arising from operational processes, accounting treatments, reconciliations, and system workflows.
- Act as the central point of contact for financial control matters across major projects, products, process changes, and transformation initiatives.
- Review all new product and process approval requests to ensure accounting, reconciliation, financial reporting, and control requirements are appropriately identified, documented, implemented, and tested prior to launch.
-
📌 Vice President – Financial Control (Anand)
🏢 Mashreq
📍 Anand