QNB2016 - Specialist Group Financial Consolidation

  • Business Unit
    QNB - Qatar
  • Division
    Finance
  • Department
    Accounting & Finance
  • Country
    Qatar
  • Closing Date
    31-Jan-2020
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

The incumbent will assume prime responsibility for reporting on consolidated financial statements for the Group ensuring that disclosures made are in accordance with international accounting standards and applicable regulatory requirements.

Responsiblities
    • Provide timely and accurate information to the Head of Group Financial Reporting & Group Consolidation and various management committees established by the board as and when required.

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

    • Coordinate with owners of the key business processes to ensure the adequacy of controls.

    • Maintain relationship with regulatory authorities to ensure that all regulatory reporting requirements are complied with.

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

    • Report on consolidated financial statements providing adequate illustrations for consolidation processes.

    • Timely preparation of consolidated financial statements for the Group.

    • Ensure the consistency of accounting treatment in similar circumstances across the group.

    • Prepare disclosures in accordance with international accounting standards and applicable regulatory requirements.

    • Keep close track on changes in international accounting standards/ IFRS and analyze the impact of changes on the Group’s financial statements.

Requirements

    • Must have at least 4 years of financial consolidation experience at Group level

    • Industry experience within Financial Services is preferered

    • Bachelors Degree

    • Fluent in English and Arabic is mandatory

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