Chief Finance Officer

Strategic Financial Management

• Develop and execute the Bank’s financial strategy in alignment with its overall business goals and Shariah compliance framework.
  
• Lead long-term financial planning, budgeting, and forecasting, ensuring consistency with AIB’s objectives.
  
• Advise the CEO, Board, and Management on financial implications of strategic decisions, investment opportunities, and risk exposures.
  

Financial Reporting and Control

• Oversee timely and accurate preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) and AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) standards.
  
• Ensure transparent and Shariah-compliant disclosures in financial reporting to shareholders and regulators.
  
• Maintain sound financial controls and ensure proper accounting treatment of Islamic financial transactions.
  

Shariah Governance Alignment

• Collaborate closely with the Shariah Board and Internal Shariah Compliance team to ensure that all financial practices, structures, and reporting comply with Shariah principles.
  
• Ensure profit and loss distribution mechanisms are calculated and administered in accordance with approved Shariah guidelines.
  

Regulatory Compliance and Audit

• Ensure compliance with all financial regulations issued by the central bank, tax authorities, and other regulatory bodies.
  
• Liaise with internal and external auditors, including Shariah auditors, to facilitate audits and address findings promptly.
  

Treasury and Liquidity Management

• Oversee treasury operations including liquidity, capital adequacy, asset-liability management, and investment strategies, ensuring alignment with Islamic banking instruments.
  
• Monitor liquidity levels to meet statutory liquidity requirements and avoid riba-based instruments.
  

Cost and Capital Management

• Manage cost control and drive financial efficiency initiatives across departments.
  
• Oversee capital adequacy reporting and stress testing under Basel III and Islamic equivalents.
  

Team Leadership

• Lead, mentor, and develop the finance team, promoting ethical conduct, transparency, and professionalism.
  
• Foster a performance-driven culture and enhance capacity building within the finance function.
  

• Bachelor’s degree in Accounting, Finance, Economics, Islamic banking or related field; Master’s degree or MBA is preferred.
  
• Professional certification such as CIPA, CPA, CA, ACCA, CIBAFI or CFA is required.
  
• Strong understanding of Islamic finance principles, AAOIFI standards, and regulatory frameworks applicable to Islamic banking.
  

• Minimum 10 years of progressive financial leadership experience, including at least 5 years in a senior finance role within an Islamic bank or financial institution.
  

• In-depth knowledge of Islamic banking products and financial instruments.
  
• Strong leadership and strategic thinking skills.
  
• Advanced analytical, budgeting, and financial modeling abilities.
  
• Excellent communication and stakeholder management skills.
  
• Integrity, accountability, and alignment with the ethical values of Islamic finance.