QNB2374 - Senior Officer Fixed Assets & Inventory (Qatari National Only)

Business Unit: QNB - Qatar
Division: General Services
Department: General Services
Country: Qatar
Closing Date: 31-Dec-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.

Role Summary:

The incumbent is primarily responsible for planning, coordinating and implementing a system for the accurate accounting, reporting, controlling, and safeguarding of fixed assets and ensure all fixed asset inventory is as per schedule with necessary departmental preparations. 

Role Description:

Take timely, well-thought-out decisions to move forward despite incomplete information.

Take calculated risks while taking decisions in the interest of the organization. Escalates necessary matters to avoid delays. 

Proactively identify and implement new ways to surpass set service standards.

Introduce new products and services through team members.

Create healthy working environment within the department and maximizes its effectiveness by leveraging strong relationship within and beyond.

 Manage the overall accounting for fixed assets to ensure its accuracy.

Review existing fixed assets and inventory records to ensure appropriate documentation.

Monitor proper classification, labeling and location of fixed assets and inventory that is easy for its retrieval,

help to keep the fixed assets and inventory management area well organized and efficient.

Identify existing assets without identification tagging numbers, assigns new identification numbers.

Maintain a record of all transfers and disposals.

Approve items to be stored and those to be transferred to the store.

Implement and follow a control system to reduce damage, breakage and inventory obsolescence.

Coordinate to complete fixed assets and inventory count physically to reconcile the records.

Provide internal management with financial data related to fixed assets and inventory.

Review and book depreciation expenses on a monthly basis.

Consider how internal and external longer-term issues affect area plans.

Support strategic planning activities and communicate plans to the internal and external customers.

Develop plans for specific work activities in own area over the medium term, including forecasting resource requirements.

Qualifications:

University degree in Business Administration; Accounting, or related field is preferred

Minimum of 5-7 years experience with at least 3 years of experience in inventory control or fixed assets  

 

 

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