Associate Vice President - Financial Planning and Analysis

What You’ll Be Doing:

• Act as a strategic finance partner to Retail Banking leaders, providing financial insights and recommendations to support business decisions.
• Develop and implement strategies to improve financial performance and optimize resources.
• Manage monthly accounting and reporting for Retail Banking, including analytical commentary and performance reviews.
• Prepare and analyze financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• Lead the preparation of business plans, budgets, and forecasts in collaboration with cross-functional teams.
• Develop and monitor Retail Banking targets and budgets, tracking performance against agreed objectives.
• Monitor and analyze client, product, and segment profitability to identify areas for improvement.
• Build detailed financial models to assess business scenarios and their potential financial impact.
• Track financial and non-financial KPIs across Retail Banking products and segments.
• Conduct detailed financial reviews to assess specific issues or opportunities within the Retail Banking business.
• Provide financial support for new product launches, including viability assessments and impact analysis.
• Manage amortization processes and prepare product-level P&L reports.
• Contribute financial inputs to Group Management Committee packs and prepare Retail Business Review packs.
• Ensure financial activities comply with relevant regulations, reporting standards, and internal policies.
• Support the implementation of financial systems and technologies, including integration, testing, and user training.
• Conduct peer and industry benchmarking to support best-in-class Retail Banking practices.
• Liaise with external auditors, regulators, and other stakeholders.
• Provide mentorship and guidance to the finance team, including goal setting, feedback, and development support.[Job Descri...is- Retail | Word]

What We’re Looking For:

• A bachelor’s degree in Finance, Economics, or a related field.
• CMA, CPA, or CFA certification is preferred.
• At least 10 years of experience in a similar finance business-partnering role within banking or financial services.
• Previous experience supporting Retail Banking is preferred.
• Experience within the UAE market is preferred.
• Strong knowledge of financial analysis, accounting principles, budgeting, forecasting, and banking products and services.
• Advanced proficiency in financial reporting, Excel, and PowerPoint.
• Experience using financial management systems and ERP platforms.
• Ability to interpret complex financial information and translate it into practical business insights.
• Strong business acumen and a deep understanding of Retail Banking products, services, and operations.
• Ability to work independently, manage multiple priorities, and maintain a high level of accuracy.[Job Descri...is- Retail | Word]

Skills:

• Exceptional stakeholder management and influencing skills.
• Strong financial analysis and problem-solving capabilities.
• Strategic and commercial thinking.
• Excellent written and verbal communication skills.
• Ability to present financial information clearly and concisely to senior stakeholders.
• Strong knowledge of Retail Banking products, including personal loans, mortgages, credit cards, and deposit accounts.
• Understanding of Retail Banking market dynamics, industry trends, and the competitive landscape.
• Strong relationship-building and cross-functional collaboration skills.
• Ability to identify opportunities for revenue growth, cost optimization, and risk mitigation.
• Knowledge of financial regulations, compliance requirements, and reporting standards.
• Strong attention to detail and accuracy.
• A proactive mindset with the ability to manage several priorities effectively.[Job Descri...is- Retail | Word]

What You’ll Gain:

• Exposure to senior management and strategic financial decision-making across Retail Banking.
• The opportunity to influence financial performance, product profitability, and resource allocation.
• Experience partnering with teams across Finance, Sales, Marketing, Risk, Operations, Product, and Technology.
• Involvement in business planning, financial modelling, performance management, and new-product assessments.
• Exposure to management-level reporting through Group Management Committee and Retail Business Review packs.
• The opportunity to contribute to financial systems implementation and process improvement.
• The opportunity to strengthen your leadership capabilities by guiding and developing finance team members.
• Lead and manage the Retail Banking Financial Planning & Analysis team, providing strategic direction and guidance.
• Develop and implement robust financial planning and analysis processes, ensuring accurate and timely financial reporting.
• Collaborate closely with senior management to understand their financial needs and provide tailored financial insights and recommendations.
• Conduct in-depth financial analysis and modeling to support decision-making, identifying areas for improvement and cost-saving opportunities.
• Prepare and present financial reports, forecasts, and budgets to senior management, clearly communicating complex financial information.
• Monitor and analyze financial performance, identifying variances and trends, and providing proactive recommendations to optimize financial outcomes.
• Ensure compliance with financial regulations and internal policies, maintaining a strong internal control environment.
• Build and maintain strong relationships with key stakeholders across the organization, fostering a collaborative and supportive environment.
• Stay updated on industry trends, best practices, and emerging technologies in financial planning and analysis, driving continuous improvement.
• Mentor and develop team members, fostering a culture of learning and professional growth within the department.
• Bachelor's degree in Finance, Accounting, Business Administration, or a related field, with a preference for a Master's degree in a relevant discipline.
• Minimum of 10 years of experience in financial planning and analysis, with a proven track record of success in a leadership role.
• Demonstrated expertise in financial analysis, budgeting, forecasting, and financial modeling techniques.
• Strong knowledge of financial regulations and compliance requirements, with the ability to ensure adherence to internal and external standards.
• Excellent leadership and management skills, with a proven ability to lead and motivate a high-performing team.
• Exceptional communication and presentation skills, with the ability to articulate complex financial concepts to both financial and non-financial stakeholders.
• Proficiency in using financial software and tools, including ERP systems and financial modeling software.
• Analytical mindset with strong problem-solving and critical thinking abilities.
• Ability to work independently, manage multiple priorities, and meet tight deadlines.
• A proactive and results-driven approach, with a commitment to continuous improvement and innovation.