RAKBANK

About RAKBANK

Job Purpose RAKBANK is looking to hire a finance professional to lead the General Ledger (GL) implementation and post implementation activities Responsibilities Leading the GL project implementation, designing the structure/architecture and ensuring the smooth functioning of GL control Developing, maintaining and reviewing Chart of accounts (COA) Supervising and ensuring the efficient working of all financial transactions in the organization Developing model journal entries and monitoring the account reconciliation Evaluating and taking necessary steps to enhance/optimize the current accounting policies and processes Elucidating as well as delivering user stories and acceptance criteria to the project team and developers, for the required changes in accounting and finance Reviewing of testing results for the process/system related changes in the bank Sign off accounting entries in UAT for the changes in the respective systems Verifying end to end accounting entries through all the channels Acting as a subject matter expert and communicating with relevant stakeholders on the change initiatives which has GL impact Representing the finance team in discussions to identify inter-dependencies, and providing functional inputs to changes/ new requirements related to accounting and finance Overseeing the reconciliation of GL accounts through various systems Ensuring the timely delivery of project within the agreed timelines Automating finance and accounting activities/reports Skills Ability to understand and implement accounting standards Ability to manage relationship with vendors/internal stakeholders Awareness of AML, customer confidentiality, safety & security standards Awareness of banking regulatory framework, banking policies, fair practices Experience 5 - 10 years of experience in Banking & Finance Understanding of banking products, GL maintenance and reconciliation Prior experience in GL implementation Knowledge in core banking system is an added advantage

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