IFRS Reporting Expert

18 hours ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
About the Role

We are seeking an experienced IFRS Reporting Expert to join our team at Islamic Development Bank. The successful candidate will be responsible for assisting the Manager of Finance in ensuring compliance with IFRS 17 standards and providing accurate financial reporting and analysis.

Key Responsibilities:
  • Implementation and Compliance
  1. Leads or supports the post-implementation integration of IFRS 17 standards within the organization.
  2. Ensures that all financial reporting processes and systems are aligned with IFRS 17 requirements.
  3. Monitors changes in IFRS 17 regulations and assesses their impact on financial reporting practices.
Data Management and Analysis
  1. Gathers and analyses financial data.
  2. Performs detailed data reconciliations and validations to support financial reporting.
Auditing and Assurance
  1. Conducts internal reviews to verify compliance with IFRS 17 standards and internal controls.
  2. Assists external auditors during audits and provides necessary documentation and explanations.
Cross-functional Collaboration
  1. Works closely with other departments such as actuarial, IT, and legal to ensure comprehensive understanding and implementation of IFRS 17 requirements.
Requirements

The ideal candidate should possess a degree in Finance/Accountancy and have at least 5 years of experience in finance, managing and handling financial accounting operations from financial, insurance, reinsurance, and banking institutions. Relevant certifications such as CPA/CA are preferred.

A good command of written and spoken English is essential, and additional languages such as Arabic or French are considered an advantage.



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