IFRS Reporting Senior Officer

Job purpose :   

• Providing relevant information and recommendations through timely and accurate financial reporting.

Key accountabilities

• Financial reporting:
• Responsible for consolidated financial statements and detailed information analysis annually / quarterly in accordance with International Financial Reporting Standards (IFRS) and CBK regulation for the purpose of the group reporting.
• Replacement with other for preparation of financial statements (Separate / consolidated) and detailed information analysis annually / quarterly in accordance with Central bank of Egypt regulation (CBE) and Egyptian Accounting Standards (EAS).
• Prepare detailed information analysis for business needs and decision maker.
• Facilitate external audit procedures all over the bank departments to meet the due date to issue bank financial statements.
• Translate bank financial statements (Separate / Consolidated) for business needs, parent company (ABK) and BOD.
• Reconciliation the IFRS financial reporting package with financial planning reports to mitigate any variances not justify.

Monitoring and Controls:

• Review overall branches GL’s transactions, fixed assets, intangible assets, depreciation and amortization.
• Mapping and control of ATM’s report on monthly basis.
• Mapping and control Fixed Assets items with Administration Dep.
• Prepare Fixed Assets report to ABK in quarterly basis.
• Prepare Fixed Assets report as per register data for insurance purpose.
• Fixed Assets bookkeeping.
• Review bank expenses and daily payment transactions.
• Run monthly depreciation and amortization system calculations.
• Solve Fixed Assets system errors on spot to mitigate any related issue.
• Ongoing improvement of Fixed Assets register to ensure the accuracy of financial reporting.

Experience:

•In-depth understanding of financial accounting               

•Minimum of 2  years, preferably in banking financial control