Legal Entity Controller

Job Description:

Job Title: Legal Entity Controller  

Corporate Title: Assistant Vice President

Location:  Dubai

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Role Description:

A new opportunity has become available for a Legal Entity Controller to join the Finance team based in Dubai on a temporary basis. You will work within the MENA finance team, supporting operations in the UAE, Saudi Arabia, Qatar, and Egypt. This is a financial control role with elements of product control (Equities) along with reporting to the various regulators across MENA.

Responsibilities:

• Preparing month end close Journals in Oracle Cloud

• Preparing monthly commentary on BS and PL variances for both local IFRS reporting and US GAAP

• Preparing Prudential Returns, preparation of Financial Statements and working with Accounting Policy

• Support internal and external audits

• Review of Trading PL, including reconciliation to GL, sign offs in the PL control tool, and proactive resolution of breaks

• Obtaining Vendor Management approval on engagement letters

• VAT, WHT & CIT Compliance including support for tax inspections and appeals, e-Invoicing and Contracts Information Filing

• Completing and evidencing controls the monthly Supervisory Review. Update and maintain Finance procedures on the Finance SharePoint

What we are looking for:

• Qualified Accountant

• Excellent Excel skills

• Proven finance/management accounting experience gained within a regulated financial services institution

• Fluency in English is essential, Arabic will be highly advantageous

• Confident working as part of a team with a positive and proactive approach to work.

• Training with a major public accounting firm would be an advantage

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.