QNB2394 - Specialist Financial Strategy

Business Unit: -
Division: -
Department: -
Country: Qatar
Closing Date: 10-May-2022
About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Job Summary: You will assume prime responsibility for Business Partnering and the Group MIS Report Production and budgeting team.
Job Description:
    • Assist the Head of GFS & MIS to create long-term financial strategies to maximize shareholder value whilst pursuing prudent policies.

    • Monitor annual budgets for all divisions/departments/units of the Group in conjunction with the relevant division/department/unit heads in consultation with the Head of GFS & MIS.

    • Provide management with regular reports on progress towards targets, flagging variations and performing initial checks on reasons for under/over achievement.

    • Ensure that relevant MIS reports are prepared and presented to the management/the Board on time to enable them to monitor business performance closely and taking timely corrective actions

    • Build and maintain strong and effective relationship with all other related departments and units to achieve the Group’s financial goals/ objectives.

    • Liaise with the Group’s IT Department to ensure budget reporting needs of the Group’s business lines are timely resolved/attended to, to the extent these are dependent on required system enhancements.

    • Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.

    • Oversee analysis and deployment of the latest reporting tools.

    • Develop/enhance budgeting preparation techniques and maintain reporting standards for the domestic and international businesses.

    • Liaise with IT Department to develop/ design budgetary reports.

    • Identify requirements for updating the budgetary system and lead on the implementation.

Requirements:
    • Bachelor/ Masters degree preferably in finance, accountancy or related subjects.

    • Professional certification such as CPA, CA, CMA, CFA is a plus.

    • Minimum of 6 years experience in a major bank of which at least 4 years in bank in a managerial capacity in the financial strategy and budgetary function.

Note: you will be required to attach the following:
1. Resume / CV