More stories

  • in

    Valuations and Business Modelling Professional | Ernst & Young

    Employment:

    Full Time

    Valuations and Business Modelling Opportunities – All Levels – Government and Public SectorCompetitive business today is all about making intelligent, informed decisions. As a Valuations and business Modelling professional, you’ll help make that happen. You will be an important part of our diversely talented, highly experienced team and work at the forefront of high-profile transactions. Our team of strategic advisors sits at the heart of a global Valuation, Modelling and Economics (VME) network of specialists who deliver high quality solutions on values creation through each phase of a decision-making support process. The opportunity EY has an established industry leading Valuations, Business Modelling and Economic Advisory practice. We advise our clients in addressing their transaction and non-transaction related decision-making process including strategic planning, identification and assessment of value creation for various purposes including strategic expansions / optimizations, reshaping results, operating model redefinition, feasibility assessment, financial reporting, market valuation, transactional considerations, etc. We are looking for an experienced Valuations and Business Modelling professionals with good understanding and experience relevant for the Government and Public sector, to join our high performing team at various career levels – Senior (mid-career) upto Senior Manager. You will have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team to deliver on our promises to all our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Your key responsibilities You are likely to spend your day-to-day working on commercial issues, working with management on parts of their expansion / acquisition process or transformation plans and regularly undertake assessments for strategic priorities. You will understand the key business drivers, co-developing our approach with the client, agreeing value measurements, and providing value to the client through insights, factual conclusions, and advice. You will make technical contributions to client engagements by gaining a thorough understanding of the target business and its market, and of clients’ issues, performing research and analysis of specific industry, governmental bodies and companies operating in the sector. You will plan, prepare, and review deliverables in various forms including written reports, presentations, excel models / data books and discussion documents with the client. In addition, you will also help to create a positive learning culture for junior team members and support their development. You will take the responsibility for own learning and development, provide coaching to others, and participate in upward feedback.

    Skills and attributes for success – Strategic mindset – you will help clients identifying source of value creation and quantifying it. You will need to have a solution-oriented mind-set to act as a truly advisor to leverage on EY capabilities and assist clients in solving their issues and unlocking potential for value growth – Commercial Acumen – as part of the team you will regularly advise businesses on commercial issues by performing business case development, valuations, feasibilities, analysis towards achieving optimization or reshaping results acquisitions, and provide opinions on transactions and restructurings – Financial knowledge – you will work with clients’ management to support them in understanding areas such as sector or company(ies) financial performance and forecasts, impact of acquired assets, budgeting & accounting requirements, fair value opinion, etc. by applying various valuation and modelling techniques. – Technical skillset – you will be required to design / build / use business models and analytics to generate insights and influence clients to shape how they make their decisions and then guiding them through / facilitating the decision-making process. You will also be conducting research and analysis of publicly available data and information for future market scenarios, data presentation and visualisation as well as supporting go-to-market initiatives and developing new propositions – Soft skills – you will be working on strategic business modelling projects that are typically characterised by having multiple stakeholders with widely differing agendas and high degrees of complexity and uncertainty. Therefore, your role will demand strong client handling and communication skills and proven commercial awareness as well as reasonable modelling and analytics capability. To qualify for the role, you would ideally have – As a minimum, a bachelor’s degree in business, finance, economics, accounting with robust applied working knowledge and experience of feasibility studies, cost benefit analysis, business case development, strategic planning, strategic options development, financial statement analysis, investment appraisal and valuation techniques – Strong analytical, critical thinking and problem framing/solving skills with an understanding of a product development cycle in a project-based consulting environment (either internal or external) – Strong presentation skills, having developed business case, strategic plans to strategic management – Strong attention to detail, together with an ability to see the big picture – Excellent oral communication, listening and structured report writing skills – The resilience and motivation to operate both in a team environment and individually It would also be advantageous for you to have – Arabic language skills – Previous experience in professional services/Big 4 or similar environment – Experience in advanced excel modelling and / or business analytics tools such as Spotfire, Tableau or Microsoft BI is welcomed – Achievement of or significant progress toward MBA, CMA, CFA or other professional certification – Understanding of the broader GCC/MENA market What we look for Solution driven individual and “out-of-comfort” zone thinker with demonstrated record of solving complex problems and completing challenging projects. We are looking for candidates who are highly motivated, analytical, logical thinkers with a passion for supporting in solving clients’ issues and have a very strong attention to detail. Being a strong team player is critical with the ability to adapt to changing requirements or deadlines in support of our clients, goals. What we offer We offer a competitive compensation package where you’ll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer: – Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next. – Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way. – Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs. – Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs. If you can demonstrate that you meet the criteria above, please contact us as soon as possible. The exceptional EY experience. It’s yours to build. EY | Building a better working world EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

    EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

    EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available on our site.

    The MENA practice of EY has been operating in the region since 1923. For over 95 years, we have grown to over 7,500 people united across 21 offices and 16 countries, sharing the same values and an unwavering commitment to quality. As an organization, we continue to develop outstanding leaders who deliver exceptional services to our clients and who contribute to our communities. We are proud of our accomplishments over the years, reaffirming our position as the largest and most established professional services organization in the region More

  • in

    Senior Relationship Manager, Institutional Banking (GRE's) | Commercial Bank of Dubai (CBD)

    Employment:

    Full Time

    Job Purpose:• Professional management & maintenance of Government Related Entities client relations, growing the GRE book for CBD.• Work done in coordination with team Head and Assistant Relationship Mangers/Relationship Officer.Principal Accountabilities:Work Management• Manage, maintain and expend a portfolio of GREs. Ensure risk intake is properly managed, optimizing returns, cross-sell and relationships are cultivated to maximize contributions to CBD in support of the team’s growth targets.• Identify, solicit and acquire new New to Bank clients in line with approved corporate strategies for Assets, Liabilities, Trade and Financial products to meet given sales targets.• Negotiate appropriate credit lines in conformity with the Bank’s underwriting standards and risk adjusted targets after thorough analysis of information necessary for the preparation of a detailed credit proposal, and execution for all kinds of securities (Asset, Shares and Bonds) • Seek credit-mitigating solutions to mitigate risk or improve RoE on client / transaction basis where applicable and have the ability to structure and arrange structured transactions.• Making regular visits to clients for both monitoring and business generation purposes. • Such visits to be recorded by way of call reports which are to include all pertinent information in a timely manner.• Conduct account planning with Client Service Team Members & cross selling other products & services including introduction of investment portfolios to corporate clients to ensure multi-product relationship and greater Share of wallet. • Facilitating other lines of business in exploiting business opportunities through referrals.• Establish effective & professional communication (both internal and external) to ensure turnaround time within designated parameters and higher client satisfaction levels.• Ensure timely and accurate credit administrations through timely completion of annual reviews and regular monitoring of financials, financial covenants and other parameters within the review cycle.• Manage a team of Relationship Officers, set, agree and measure annual targets, provide professional advice, guidance, training & motivation to enhance their potential & capabilities to hold higher responsibilities, and conduct their performance reviews.• Comply with internal audit requirements in line with the policy guidelines, to ensure high standards of uniformity and consistency across the Bank. Comply with and adhere to all relevant regulatory and Central Bank requirements and uphold the highest professional standards.• Keep abreast of developments in the local and regional business environment to spot business opportunities. Contribute to the planning process in order to develop corporate business strategies.• Develop a strong level of contacts with the relevant target business and financial institutions community.

    RequirementsEducation and Experience:• Minimum Bachelor Degree in Economics or Finance or Business Management or Engineering. • 8 – 12 years of experience in Corporate banking with 4-5 years of exposure to Corporate Banking in the UAE.• Commercial acumen and ability to prepare plans and strategies are essential.• The ability to forge close relationships with external constituents as a senior representative of the bank.

    In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

    By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

    Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years. More

  • in

    Business Analyst – Chart of Accounts | RTC-1 Employment Services

    Employment:

    Full Time

    BUSINESS ANALYST – CHART OF ACCOUNTSPosition Title: Business Analyst – Chart of AccountsEmployment Type: Full Time Salary: up to 26K AED all-inclusive, depending on experience and qualificationJob Location: Dubai, UAEAbout the Client: A highly recognized international group handling Information Technology & Services located in UAE & KSA.Job Role: ? Lead overall Business requirements and specifications across multiple use cases? Participate in the requirement gathering and gap analysis activities? Develop functional specifications, provide inputs to the technical specifications and system/integration tests.? Adherence to quality standards defined for the project? Understand and identify the pain points in the legacy COA? Assist the data model and architect team and align the solution for COA use case? Interact with client’s business teams/source systems SME and gather requirements? Create BRD documents and related presentations to business

    ? 50 years old and below? Minimum 14 years’ experience in the same role in a similar industry? Should able to define user stories for COA and other financial reporting requirements? Conversant with consolidating data from multiple sources for the COA ? Should able to identify the COA differences and reconciliation of data? Must have done more than 2 projects involving COA and financial reporting? Open to candidates located in UAE or any countries in GCCHow to Apply:Send your CV to ITJOBZ2020 AT GMAIL DOT COM use “Business Analyst – Chart of Accounts Position” as the email subject

    RTC-1 Employment Services is a licensed recruitment firm based in Dubai, UAE. Our team has been in the market since 2004 and we are supporting various industries with their staffing needs across the Middle East and Africa. More

  • in

    Business Setup Adviser ( Sales) | Creative Zone

    Employment:

    Full Time

    Creative Zone Group is growing and we have some fantastic opportunities for dynamic Sales Professionals to help drive new business in our fast-paced Revenue team.Your responsibilities will include:- Structuring high impact solutions for clients in business setup and company formation- Facilitating and participating in meetings with key client stakeholders to develop an understanding of their business- Generating awareness of the product and services offered related to business setup- Ensuring the client receives the necessary assistance to carry out their desired business- Presenting recommendations to clients regarding the business opportunities and advantages of starting business in different jurisdictions in UAE- Providing excellent service and support to clients to keep them regularly updated- Completing all administration duties associated with the role as required- Updating internal CRM process and systems- Communicating regularly with Operations and Client Relations departments- Preparing and presenting monthly sales reports and participating in meetings as required- Developing cultural awareness activities to improve opportunities in the market- Contributing to the development of marketing materials and sales promotions- Attending networking events to promote our services- Participating in team meetings, working in partnership with colleagues

    To join our team you will have:- Bachelors Degree qualified in a relevant discipline- Minimum 3 years Sales experience in a target driven, KPI focused environment- Experience in business setup / company formation in the UAE is desirable but not essential- Strong networking skills, able to demonstrate your business development capability- Passion for achieving results and exceeding targets- Initiative and commitment, able to manage clients independently- Exceptional communication skills in English, other languages are also desirable but not essential- Currently based in UAE.

    Welcome to CREATIVE ZONE!

    We are a team of company registration professionals who are passionate about bringing the dreams of aspiring entrepreneurs and SME’s to life.

    We believe in providing you not only with your company’s documentation, but also equipping you with the necessary tools to promote, develop and grow your business.

    We are a business setup company with a difference – our work doesn’t end with the issuance of your trade license & residency visa – it starts there! More

  • in

    Public Relations Officer | Industrial and Commercial Bank of China (ICBC)

    Employment:

    Full Time

    • Handle all kinds of routine administration processes like office management and maintenance• Support other departments whenever related issues are faced• Coordinate with Head Office and regional team.• Manage the office renovation projects, handle the procurement of office furniture and supplies, and collaborate with internal teams on security and FA&FF related projects.• Manage large-scale marketing or procurement projects, negotiate contracts with vendors, perform budgeting and timeline control, and supervise the overall progress.• Design and produce posters, brochures, handouts, promotional videos, marketing gifts, etc., create marketing contents, and manage social media accounts.• Prepare organizational publications such as employee newsletters, anniversary booklets, memorial albums, etc. for internal and external audiences.• Draft speech for senior management on various occasions.• Maintain good relationships with media partners, arrange interviews, and manage advertising placement through different channels.• Establish and maintain relationships with stakeholders including authorities, clients, NGOs, etc.• Assist with maintaining web contents from time to time.• Draft reports and minutes of seminars and meetings.• Take care of all the arrangements like hotel booking, transportation arrangement, restaurant booking, itinerary planning etc for guests.• Any other responsibility assigned by the bank or person in charge of the department from time to time on the basis of requirement.

    • Minimum Bachelor’s Degree majored in finance, economics, journalism or related field.• Strong written and verbal communication skills in English and Chinese, knowledge in Arabic is a plus.• Strong organizational skills that reflect ability to perform and priority multiple tasks seamlessly with excellent attention to details.• Strong interpersonal skills and the ability to build relationships and cope with pressure.• Highly resourceful team-player.

    Industrial and Commercial Bank of China Ltd. (ICBC) is China’s largest bank and the largest bank in the world. It is one of China’s “Big Four” state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It is the largest bank in the world in terms of market value, the world’s largest bank by deposits, and the world’s most profitable bank.

    In October 2008, the opening of Industrial and Commercial Bank of China (Middle East) Limited ( regulated by the Dubai Financial Services Authority) allows ICBC to become the pioneer among the Chinese financial institutions for the Middle East market. With strong support from its Head Office located in Beijing, ICBC Middle East support the financial needs of the UAE and the Middle East area, provide a comprehensive international trade,overseas financing against domestic support, project finance, clearing and settlement, and a series of financial services, become a link of economic and trade exchanges between China and Middle region. More

  • in

    External Audit – Below Manager | PricewaterhouseCoopers

    Employment:

    Full Time

    Line of ServiceAssuranceSpecialismAssuranceManagement LevelSenior AssociateJob Description & SummaryPwC Global Overview:With offices in 155 countries and more than 284,000 people, we are among the leading professional services networks in the world. We help organisations and individuals create the value they are looking for, by delivering quality in Assurance, Tax and Advisory services. PwC Middle East Overview:Established in the region for 40 years, PwC has more than 6,100 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates.Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 276,000 people across the entire global PwC network in advisory, assurance and tax to help you find the value you are looking for.Audit Service Overview:Creating value that makes a real difference to a client’s business is intrinsic to the PwC audit. Quality audits that bring unexpected and far-reaching benefits do not come from an unthinking compliance mindset but from a knowledgeable, questioning, imaginative and insightful approach. The foundation of the service we deliver is the natural blend of compliance and value. We are experts in the application of audit methodology and audit techniques and use our expertise to bring precision and economy to our clients’ audits. We use our knowledge of each client, together with our position as trusted advisor, to match our approach and our solutions to their needs. Our view of our clients’ organisations is broad and deep, and we look behind the numbers to consider what they mean for the business as a whole. We use the audit to explore and think more widely about our clients’ businesses and the potential issues they face. This understanding enables us to offer new solutions to our clients’ problems, to help them learn from what has happened and prepare them for, or better still help them avoid, issues in the future. About the opportunity We are looking for Associates/Senior Associates to join our Core Assurance practice in Egypt , starting from July 2021. What you’ll create and do:You’ll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:  – Take on a professional role as part of our client-facing teams. – Support the development of the audit approach and complete planning procedures. – Examine financial and accounting records, other documents, and tangible items such as inventory, or plant and equipment, or watch certain processes and procedures being performed. – Ask a range of questions – from formal written questions to informal oral questions – with a range of individuals at our client organizations. – Test the client organization’s internal controls. – Assess significant estimates, judgements or assumptions made by management. – Verify and test financial statements and supporting disclosures. – Perform completion procedures to support issuance of the audit report.

    What you’ll bring to this role:- 1-6 years of demonstrated progressive experience working with a range of external audit clients in a professional services firm. – An interest in upskilling for a digital world and technology trends, an openness to learning new tools and adapting how you work. – A demonstrated commitment to valuing differences and working alongside diverse people and perspectives. – ACCA/CPA/CA/ ACA  designation or equivalent designation, or in final stages of completion. – A strong understanding of IFRS and auditing standards. – Thorough technical skills and experience regarding applicable accounting reporting and auditing standards. – Experience in the design of engagement procedures based on risk and materiality. – Excellent communication (oral and written) and interpersonal skills that allow you to thrive in a team environment. – Bilingual proficiency in Arabic and English is considered an asset. – Business development and client relationship building.

    At PwC Middle East, we’ve set out an ambitious purpose and strive to live it everyday: to solve important problems and build trust in society.

    We’re a community of solvers that come together in unexpected ways to build trust and create sustained outcomes. We solve important problems, support one another as we grow, develop and build fulfilling careers.

    PwC provides industry-focused services for public and private clients across Assurance and Audit, Deals, Consulting, Tax and Legal. We draw on our development legacy that brings together the collective experience of over 7,000 people in our region with offices across 12 countries to solve for tomorrow.

    We’re striving to consistently deliver innovative work that builds trust and delivers sustained outcomes. And we’re proud of the strength that comes from all our different backgrounds and experiences and we value everyone’s uniqueness. We thrive in uncertainty, operate with integrity and leverage the diverse perspectives of our teams.

    If you’re looking for a place that fuels your ambition to make a difference, that matches your curiosity with continuous learning opportunities and reimagines ways of working to enable you to lead a more balanced life, then you’re a future PwCer. More

  • in

    Business Continuity Manager | Commercial Bank of Dubai (CBD)

    Employment:

    Full Time

    Job PurposeThe Business Continuity Manager is responsible for developing and maintaining the Bank’s business continuity plans and data. The person will support all activities necessary to enable the Bank to respond to a business interruption. Principal Accountabilities• Update and revise all BCP/DR materials and documentation (e.g. Business Impact Analysis, plans, emergency response procedures, call lists, test results, etc.)• Provide guidance and support to all business units, including Branches, for the development, maintenance and testing of unit continuity plans • Manage the planning and co-ordination of all business continuity technical and user testing• Liaise with the Bank’s Business Continuity Coordinators to develop effective working relationships• Conduct and manage the risk analysis process for functional areas to identify points of vulnerability, single points of failure, assist with the identification of risk avoidance and mitigation strategies• Active management and participation in the event of a business interruption• Develop status reports (e.g. report cards) on departmental continuity plans and prepare management reports as necessary• BC/DR Program Management: Manage the execution and direction of the program. • Manage the scheduling budget, and scope of recovery programs. • Assist with preparation and maintenance of the program status to CEO and Management Committee as well as Auditors. • Manage and participate when required to determine risk, priorities and BCM investment strategies. • Proactive identifications of key risks in the IT and business areas. • Develop and manage the development of action plans and to mitigate or eliminate risk.• Awareness and Training: Promote business continuity management through training and awareness. • Develops service level risk management agreements with other businesses and vendors.• BC/DR Plan Maintenance & Verification: Facilitates the maintenance and verification of the continuity plans• Familiarity with the current regulatory environment on BCP for financial services companies (e.g. CBUAE regulations, Basel II, etc.)

    Requirements• Bachelor’s degree preferably in commercially oriented discipline or Higher Secondary education with recognized diploma in IT or 5 years of relevant experience in the fields of BCM.• Thorough understanding of IT services, Business Continuity and program management disciplines are required. • Experience supporting Business Continuity and Disaster Recovery capabilities.• 5 to 7 years of relevant IT or BCP experience.• 3 to 5 years of project/program management.

    In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

    By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

    Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years. More

  • in

    Senior Cost Manager | Currie & Brown

    Employment:

    Full Time

    Currie & Brown is looking for a site-based senior cost manager for our office in Abu Dhabi UAE.The successful candidate will support project leaders in generating a high standard of service delivery, achieving successful outcomes for our clients, capturing and sharing knowledge across projects, enhancing our culture of innovation and reinforcing our reputation as a preferred service provider.Responsibilities will include:• Providing accurate cost advice and reporting to our clients• Delivering projects, commissions and professional assignments• Assuming a leading role in setting objectives and priorities, working as a proactive team player• Maintaining effective communication to ensure all information is available for the successful completion of projects; liaising with other managers to ensure efficient financial control• Undertaking cost management services with limited supervision• Delivering all work outputs in an accurate and timely manner• Providing support to the team leader/service leaders in cost management of projects• Representing the company in a professional and diligent manner; meeting, negotiating and corresponding with clients to form strong working relationships

    Requirements:• BSc in quantity surveying • Member of the Royal Institution of Chartered Surveyors • A minimum of ten years’ technical delivery experience gained within a global consultancy firm• Pre and post-contract experience • Middle East experience• Good technical writing, client-facing and communication skills • Well-organised, diligent, proactive, assertive, well-disciplined and commercially astute• A team player with a ‘can-do’ attitude, outgoing, polite, patient, diplomatic, personable, respectful and flexible

    Currie & Brown is one of the world’s leading physical assets management and construction consultancies, dedicated to advising clients in respect of the procurement, construction, management and utilisation of their physical assets.

    From airports to corporate headquarters, power stations to health and education, leisure and hotel facilities to transportation infrastructure – the sheer range of projects we are involved in gives us a vast breadth and depth of experience. Projects of this kind cannot be tackled with an ‘off-the-peg, one-size-fits-all’ solution. Instead, we apply flexible working and innovative thinking to provide a value-for-money, tailored solution.

    We operate throughout the world and have offices in the Americas, Asia Pacific, Europe, India and the Middle East. More