RAKBANK
Vice President, Finance Business Partner
- Permanent
- Dubai, United Arab Emirates
- Experience 10 - 15 yrs
Job expiry date: 28/11/2026
Job overview
Date posted
14/10/2026
Location
Dubai, United Arab Emirates
Salary
AED 50,000 - 60,000 per month
Compensation
Comprehensive package + relocation
Experience
10 - 15 yrs
Seniority
VP/Executive
Qualification
Bachelors degree
Expiration date
28/11/2026
Job description
Retail Banking leaders need finance numbers they can act on, and this Vice President & Finance Business Partner role in the UAE exists to provide them. Plans, budgets and targets are set with the business, then tracked month by month. Monthly accounting and reporting come with commentary on P&L, balance sheet and cash flow performance. Profitability analysis by client, product and segment points to where growth or cost savings are possible, and detailed financial models test the impact of different scenarios. New product launches need a viability assessment, product-level P&L reporting and, where relevant, amortization processes. Group Management Committee packs and Retail Business Review packs draw on your input. Governance is part of the job too, including work with auditors and regulators, along with mentoring the finance team and overseeing financial system implementations with IT. The role is hybrid and calls for at least 10 years in finance business partnering within banking or financial services, ideally in UAE Retail Banking, with a CMA, CPA or CFA preferred.
Required skills
Key responsibilities
- Provide financial insight and recommendations that support decision-making across Retail Banking
- Develop financial strategies, business plans, budgets and targets
- Track performance against plans and targets
- Manage monthly accounting and reporting for the Retail Banking business
- Analyze P&L, balance sheet and cash flow performance and prepare clear commentary
- Assess client, product and segment profitability to find growth and cost optimization opportunities
- Build detailed financial models to evaluate business scenarios
- Evaluate the financial viability of new product launches
- Run product-level P&L reporting and relevant amortization processes
- Compile financial inputs for Group Management Committee packs and prepare Retail Business Review packs
- Report financial and non-financial KPIs for Retail Banking
- Maintain alignment with financial regulations, reporting standards and internal policies
- Liaise with auditors, regulators and other stakeholders
- Mentor the finance team
- Oversee financial system and technology implementations with IT
- Conduct industry and peer benchmarking
- Align Retail Banking priorities with bank-wide financial goals
Experience & skills
- Hold a bachelor's degree in Finance, Economics or a related field
- Possess a professional certification such as CMA, CPA or CFA (preferred)
- Bring a minimum of 10 years in finance business partnering within banking or financial services, preferably in Retail Banking with UAE market experience
- Apply strong knowledge of financial analysis, accounting principles, budgeting, forecasting and reporting
- Translate complex financial information into clear, practical business insight
- Understand the Retail Banking market, regulatory environment and competitive position of banks
- Use financial management and ERP systems proficiently
- Influence senior stakeholders across business, product, risk, operations and technology
- Present financial information clearly and concisely