Job Description :
Job Title : Finance Analyst
LOB : The CFO Group
Corporate Title : Up to AVP
Location : Dubai
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
The company provides unmatched convenience in the United States, serving approximately 50 million consumer and small business relationships with approximately 5,100 retail banking offices and approximately 16,300 ATMs and award-winning online banking with 30 million active users and more than 14 million mobile users.
Bank of America is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.
Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services.
The company serves clients through operations in more than 40 countries. Bank of America Corporation ( BAC ) stock (NYSE : BAC) is listed on the New York Stock Exchange.
The Finance Analyst will play a key role in the MENA finance team supporting Saudi, Dubai and Qatar activities. The MENA based team is a small unit of experienced banking and investment professionals.
A positive professional attitude, teamwork and hands on proactive involvement will be critical for the success of individual, team and function.
Responsibilities will include but not limited to :
Processing Saudi vendor payments
Month End Close preparing Oracle adjustments, and variance commentary
Fortnightly bank reconciliations across finance owned bank accounts, prompt escalation of breaks
Monthly preparation of cash flow forecast across MENA entities
Work with the Bank Control Team in New York to maintain lists of authorised signatories, and executive officers
Prepare and execute inter-company settlement of service fees
Prepare monthly withholding tax returns; obtain supporting documentation for inter-company expenses, prompt escalation
Prepare VAT returns across Saudi and UAE entities
Preparing ledger extracts required for translation
Supporting external and internal audits
Prepare monthly balance sheet substantiation supporting documents
Preparation of Regulatory Returns for review
Administer the Corporate Card program - prepare associated balance sheet substantiation reconciliations
Work within the MENA finance team as a whole to support team members
The job description and responsibilities listed are not all inclusive
Responsibilities and accountabilities remain flexible depending on business needs, will change as required
Core Skills :
A graduate degree in accounting or finance or business
Training with a major public accounting firm would be an advantage
3 - 4 years finance / management accounting experience gained within a regulated financial services institution, preferably within a global investment bank (and ideally product control experience)
Qualified accountants will be preferred for this role
Fluency in English is essential, Arabic very advantageous
Confident Excel skills
Must have a positive & proactive approach to work
Must be able to work well in a team supporting senior members of the team
Bank of America
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values : deliver together, act responsibly, realize the power of our people and trust the team.
A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank.
We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.
Learn more about our benefits here.
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk.
Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability.
The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
Job Band : Shift :
Shift : Hours Per Week :
Hours Per Week : Weekly Schedule :
Weekly Schedule :
Referral Bonus Amount :