Vice President-Core Banking-Finance Lead.TECH-Core Banking Program Staffing
Lead the finance team in the successful implementation of the core banking system (Oracle Flexcube) across Mashreq geographies by acting as the primary interface between the finance department and the project implementation team. Ensure compliance with IFRS, alignment with organizational financial processes, and seamless integration of the new system into financial reporting and controls.
Responsibilities
- Act as the finance team’s primary representative in the core banking system implementation project.
- Collaborate with cross-functional teams, including IT, operations, and external consultants, to ensure finance requirements are met.
- Lead gap analysis sessions for finance functionalities and oversee resolution strategies.
- Design and validate finance-specific configurations within Oracle Flexcube, ensuring alignment with IFRS and local regulatory requirements.
- Lead the design of chart of accounts, financial controls, and reporting structures in the new system.
- Coordinate data migration activities, ensuring accurate transfer of finance-related historical data.
- Ensure the system implementation supports IFRS-compliant financial reporting and disclosures.
- Collaborate with external auditors to validate compliance during and post-implementation phases.
- Drive automation in financial statement preparation, reconciliation processes, and internal controls.
- Develop and execute testing strategies, including UAT (User Acceptance Testing) and system validations for finance modules.
- Deliver training and knowledge-sharing sessions to finance team members on the use of Oracle Flexcube.
- Drive change management initiatives, ensuring smooth transition and adoption of the new system within the finance department.
- Proactively identify and resolve project risks, issues, and delays related to finance deliverables.
Qualifications
Education & Certifications
- Professional qualification such as CA, CPA, ACCA, or equivalent
- Certification in IFRS is a strong advantage.
Experience
- Minimum of 15 years of experience in finance roles, with at least 5 years in system implementation
- Demonstrated experience in implementing core banking systems, particularly Oracle Flexcube.
- Sound knowledge of IFRS, internal controls, and financial reporting systems.
Technical Skills
- Expertise in Oracle Flexcube configurations for finance modules.
- Proficient in financial data migration and reconciliation techniques.
- Strong understanding of system integrations and ERP systems.
Behavioral Skills
- Exceptional leadership and team management skills.
- Excellent communication and stakeholder management abilities.
- Strong problem-solving skills and attention to detail.
- Ability to work under pressure and meet tight deadlines.