QNB1693 - Financial Analyst

Business Unit: -
Division: -
Department: -
Country: France
Closing Date: 09-Apr-2018
About QNB

QNB Group, the largest Financial Institution in the Middle East and Africa are looking to hire a Financial Analyst, to meet the expansion needs of our office in .

QNB has enjoyed continued success with Net Profits of QAR 10.8 billion (USD3 billion) in 2018 (up by 6%) and increased Total assets to QAR 853 billion (USD 234 billion). The Group now employs over 29,000 employees in 1,200 locations, with an ATM network of more than 4,300 machines.

Role Summary:

The incumbent will assist the Head of Finance and Country management by analysing the financial standing of the assigned location banking business; the incumbent will provide input for business recommendations and assessment of business proposals by the Country’s business Divisional Heads and departments. They will also be involved in financial, regulatory and MIS reporting of the country to HO and to the local regulators.

 

 

Role Description:

The successful candidate will  provide the required support in monitoring limits and exposures with a view to improving the branch’s profits, whilst at the same time ensuring compliance with the consolidated/ overall approved limits.

Ensure timely and accurate compilation of information required for disclosure of all material matters concerning the branch.

Assist Head of Finance in developing mechanisms designed to ensure compliance with all relevant local laws and regulations and also international laws and regulations.

Assist Head of Finance in performance monitoring and quality measurement purposes pertaining to the financial control related process.

Build and maintain strong and effective relationships with other related units and H.O. to achieve the country’s goals/ objectives.Provide timely and accurate information to the external and internal auditors and the Group’s compliance function when required in coordination with Head of Finance.

Provide input for business development and recommendations

Prepares monthly, quarterly, annual MIS and regulatory reports

Tracks expenses and revenues vs. budget and forecast/analyze fluctuations and variances

Prepares annual and quarterly financial statements and disclosures for internal stakeholders such as FCD; Compliance; Risk; Audit

Prepares annual financial information for external stakeholders such as Auditors; Outsourced Payroll; Regulatory bodies etc.

Evaluates profit and cost efficiencies in the Branch/Office

Assist in managing the banking business from a financial perspective to gauge the quality and performance of the bank’s departments.

Prepares financial reports for forecasting, trend and results analysis.

Possess a prominent knowledge of the banking business, its products and related risks together with a good knowledge of operations and control.

Sound knowledge of IFRS and local tax regulations and practices

      Qualifications:

      The successful candidate should possess a Bachelor/University degree in Accounting, Finance or Economics, preferably with additional accreditation's such as DESCF

      In addition, he/she will demonstrate extensive experience in regulatory reporting, consolidation and financial analysis, typically gained through at least 6 experience in the banking industry.

      Experience in Audit and Taxation for the banking industry is preferred 

       

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