IDB3394 - Manager, Control & Reconciliation

JOB PURPOSE

This role supports the financial control function. Key responsibilities include ensuring data accuracy, assessing internal control effectiveness within the finance function, and executing and supervising the reconciliation processes. Additionally, the role entails identifying discrepancies and potential non-compliant activities.

KEY RESPONSIBILITIES

Core Responsibilities

• Manage and perform the financial control function, ensuring data accuracy and monitoring financial data integration among various systems.

• Assess internal controls at the design and effectiveness level within the finance function, identify weaknesses and recommend and monitor process improvements.

• Monitor and perform bank reconciliations daily, analyze open items, and interact with other departments to reconcile relevant items.

• Validate the accuracy of the financial information and control account reconciliations.

• Provide required information to the internal and external auditors to facilitate the audit process and implement recommended changes.

• Execute system enhancement projects such as automation of reports to improve turnaround time and quality of reports.

• Standardize the recording and reporting process to drive efficiencies in financial MIS reporting.

• Participate in Finance & Accounting improvement initiatives to contribute to the overall effectiveness of Finance & Accounting.

• Maintain documentation for accounting processes and policies to ensure proper record-keeping and compliance

QUALIFICATIONS AND COMPETENCIES

• BSc. in Finance & Accounting

• CPA, CA, ACCA, CIA, CMA or CIMA

Language Skills

• English and, Arabic or French are compulsory

Years of Experience

• Minimum 4 years of experience

About Application Process

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

1. Resume/CV

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants’ bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.