IDB2925 - Senior Accounting & Reporting Analyst

Prepare financial statements in accordance with IFRS and AAOIFI FAS. Perform advanced financial analysis of the entities,
ability to prepare detailed technical accounting and reporting studies, applied knowledge of SAP, strong knowledge of IFRS 9
and relevant AAOIFI FAS.

Account Management

• Implement necessary operational procedures to meet accounting, reporting and disclosure requirements of the international accounting standards and AAOIFI
• Review all financial transactions to ensure their compliance with Generally Accepted Accounting Principles and Practices
• Ensure compliance and conformance of all transactions with IDB's rules, guidelines and internal control systems
• Ensure effective integration of division's policies and procedures with SAP making finance and accounting more SAP compliant
• Generate and verify Income accruals from CML for all Project Assets and postings to GL
• Run, verify and post all foreign exchange valuations of the assigned funds.
• Review balances of all technical clearing accounts  relating to projects and ensure timely clearance

Financial Statements

• Prepare monthly/quarterly and annual financial statements with all the required disclosures for the assigned funds
• Evaluate financial performance indicators to be included in the annual report

Policies & Procedures

• Contribute in preparation of IDB's accounting policies in conformance with international accounting standards like AAOIFI, IFRS and compliance with Shariah rules and guidelines.
• Advice on drafting and updating policies on technical accounting issues related to complex transactions
• Coordinate with the team to establish a framework of internal controls over the financial transactions of all departments to adequately safeguard assets and efficiently manage the liabilities
• Oversee effective implementation of new statutory accounting standards after evaluating its impact on functional areas

Reporting & Communication

• Coordinate with internal and external auditors for financial audits and conduct follow up with division on audit recommendations
• Facilitate timely availability of the relevant data from other departments for preparation of financial statements
• Represent IDB at various external forums including regional and international events to establish a strong image of the bank as a group
• Keep abreast of latest regulations in international markets and any other jurisdiction that may have an impact on the group operations
• Prepare the information needed for Rating Agencies and Sukuk Issuance.