Finance Analyst

**Job Title**: Finance Analyst
**Corporate Title**: Vice President
**Location**: Riyadh, Saudi Arabia

**Role Description**:
Key Responsibilities include:

- Responsible for MLKSA Finance:

- Internal and external audits, Vendor Management approval on engagement letters
- Financial Statements Audit
- Client Money Review
- Capital Adequacy Review
- GOSI/non-GOSI AUP
- Preparation of Financial Statements, working with APG
- Representing Finance at Board meetings, Audit Committee meetings
- ICAAP production including stress testing & Pillar 3 disclosures, coordinating the Working Group and presenting to Steering Group
- Liquidity Risk and Capital Management Policies, and Contingency Funding Plans including testing and monthly cash flow forecasts
- Monthly Capital Adequacy Reporting
- Compliance with CMA Prudential Rules, KSA Company Law rules affecting Finance
- Review of Trading PL, including reconciliation to GL, sign offs in BUCS and Bookmap, and proactive resolution of E2A breaks
- Implementing the finance side of the Saudi CCP Project, providing sub-ledger accounting entry templates to Operations
- Maintenance of Intercompany Service Agreements (SoW/SADB/TPSLA)
- Month End close Journals in Oracle Cloud Ledger
- Monthly commentary on BS and PL variances for both local IFRS reporting and US GAAP for close meetings and MLKSA CEO
- Coordinating and testing the translation of Books and Records into Arabic
- VAT, WHT & CIT Compliance including primary support for tax inspections and appeals, and implementing e-Invoicing and Contracts Information Filing
- Quarterly CORPTAX updates for US GAAP tax provision and DTA.
- Coordinating BS substantiation, assisting centralized teams by supplying support for their reconciliations
- Reviewing BS reconciliations in detail including both BANA and local bank account reconciliations, promptly following up breaks
- Completing and evidencing controls the monthly Supervisory Review
- Administer the Saudi Corporate Card programs for joiners and leavers, reviewing the card BS reconciliation and resolving related issues
- Update and maintain Finance procedures on the Finance SharePoint
- Maintain lists of bank accounts, authorised signatories, authorised representatives and executive officers in BIS.
- Proactively identify and then close self-identified audit issues
- Work within the MENA finance team as a whole to develop knowledge share and provide appropriate levels of cover across MENA

The job description and responsibilities listed are not all inclusive. Responsibilities vary depending on business needs, and will change as required.

**The Team**:
The Finance Analyst will play a key role in the MENA finance team, taking ownership and responsibility for Saudi Arabia Finance, as well as providing cover for UAE and Qatari Finance processes. The MENA based Finance team is a small unit of experienced banking and investment professionals.

A positive professional attitude, teamwork and hands on proactive involvement will be critical for the success of the individual, team and function.

**Core Skills**:
We are looking for someone who has:

- Qualified accountant.
- A graduate degree
- Very strong Excel skills. Alteryx advantageous.
- 5 - 8 years finance/management accounting experience gained within a regulated financial services institution, preferably within a global investment bank.
- Training with a major public accounting firm would be an advantage.
- Fluency in English & Arabic is essential.
- Must have a positive & proactive approach to work.
- Must be able to work well in a team.
- Must be a Saudi National.

**Bank of America**:
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

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.

**Job Band**:
H6**Shift**:
**Hours Per Week**:
40**Weekly Schedule**:
**Referral Bonus Amount**:
0