Specialist, Accounting & Control

Job Purpose: • The specialist role is to ensure efficient controls applied over the operational activities of the accounting section to provide the best services to the internal and external customers. • Identifying and resolving workflow and production issues. • Addressing and discussing risk exposures issues in the areas which the team acts as independent controller and propose solutions with SSO managements. • Develop and establish measures and testing standards for new applications, product or enhancements to existing applications through their development / product life cycle. • Analyse documentation and technical specifications of any new application under deployment or consideration to determine its intended functionality. • Ensure that testing activities allow applications to meet business requirements and system goals, fulfil end user requirements, and identify existing and potential issues. • Report and escalates issues of concern or risk to the FCIS management. • Acts as independent controller during the IPO (Initial Public Offering) to ensure that control aspects are covered by the IS team in regard to the Online subscription account, RD matching status reports and the IT reports to ensure that there is no outstanding applications / funds not executed during the exercise. • Managing transactions of SSO related activities on Core Banking System, ensuring their successful settlement, avoiding loss and penalties to the bank and clients that could cause the bank Reputational, Financial and Operational Risk. • Manage the interest calculation of the short-term deposits and long-term deposits related to ADX listed companies and ensure that interest is paid as per the agreement between FAB and ADX and the rates are captured correctly in the core banking system. • Support all Non –Financial transactions processed through Core banking system for the Issuer Services & Custody Businesses, and Asset Management Group. • Verify account opening documents to meet the ban