VP - Finance

Job Description

Job Description

Job Purpose:

The VP Finance is a newly created leadership role within the Finance function of the Bank’s New York branch and serves as a key partner and primary delegate to the Controller. The role shares responsibility for overseeing accounting operations, financial and regulatory reporting, internal controls, and accounting policy in a highly regulated branch environment. As a U.S. branch of an international Middle Eastern bank, the position requires close coordination with Head Office finance teams while ensuring accurate IFRS-based financial reporting and compliance with U.S. Federal Reserve, OCC and other regulatory reporting requirements. The role will lead the development of planning and forecasting capabilities, establishing robust processes to deliver forward-looking financial insights that support management decision-making.

Responsibilities :

• Lead financial reporting for the New York branch, including the maintenance of branch-level books and records.
• Ensure accurate production of financial reporting packages submitted to Head Office finance teams.
• Oversee and review U.S. regulatory filings applicable to foreign bank branches (e.g., FFIEC 002), ensuring appropriate reconciliation and interpretation between IFRS accounting records and U.S. regulatory reporting frameworks.
• Act as a key contact for external auditors, internal audit, and U.S. regulators during examinations and audits.
• Act as a primary liaison with Head Office finance teams, ensuring timely and accurate submission of financial information, including interpretation of Head Office requirements within the U.S. regulatory framework.
• Lead remediation of audit findings and regulatory observations related to financial reporting, controls, or governance.
• Prepare and deliver financial analysis and presentations to management, supporting strategic decision making at both local and Head Office levels.
• Continuously enhance the branch’s financial control environment, promoting strong documentation, transparency, and control discipline.
• Lead the development and enhancement of budgeting and forecasting processes for the New York branch. Establish scalable frameworks and improve forward-looking financial insight, including balance sheet, liquidity, and regulatory considerations.
• Identify and implement process improvements, automation opportunities, and enhancements to financial infrastructure to support scalability and control.
• Partner with the Controller in leading and developing the Finance team, including coaching, mentoring, and building bench strength within the function.
• Act as delegate for the Controller as required, assuming full leadership responsibility for Finance operations when needed.

Qualifications and Experience:

• Degree in Accounting or Finance (or equivalent work experience).•CPA or internationally recognized accounting qualification (e.g., CA, ACCA) strongly preferred.
• 8+ years of progressive accounting experience, including experience in a regulated banking environment.
• Strong IFRS technical knowledge, particularly within a banking or foreign bank branch context.
• Familiarity with U.S. regulatory reporting requirements applicable to foreign banking organizations.
• Excellent analytical skills and attention to detail.
• Strong communication skills, both oral and written, with the ability to work collaboratively across teams.
• Proficiency in MS Excel and experience with financial software systems.
• Ability to successfully manage multiple priorities and meet deadlines.
• Flexibility in work schedule – occasional evening work required to meet reporting deadlines.