Role Summary:

The incumbent will assist the Head of Finance and Country management by analyzing 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:

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.

Observes and promotes cost consciousness and efficiency, and enhance productivity, to minimize costs, avoid wastes, and optimize benefits for the bank

Act within the limits of the powers delegated to the incumbent

To assist customers in all their queries on Bank’s product and seek solution to their requests

Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/ units to achieve improvements in turn-around time.

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

Provide timely and accurate information to the external and internal Auditors, Compliance, Financial Control and Risk Functions as and when required

Prepares monthly, quarterly, annual MIS and regulatory reports

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

Prepares monthly Branch budget consolidation and assists in the Budget/ forecast process

Reviews monthly Payroll

Coordinates financials questions/answers with HO FCD departments

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

Develops, maintains and distributes as-hoc reports and financial info as needed

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

Compiles, analyses, and interprets data as and when requested by the Head of Finance.

Prepares financial reports for forecasting, trend and results analysis.

Provide cover for the Head of Finance, in case of his/her absence.

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

Proactively identify areas for professional development of self and undertake development activities

Seek out opportunities to remain current with all developments in professional field

Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, the QNB Country Compliance manual; Group Compliance Policies and Procedures (Anti Money Laundering & Counter Terrorist Financing, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).

in accordance with the Branch Governance manual, contribute to and comply with the Branch’s Risk Framework, consider Risk Appetite and promote a positive Risk Culture:

Understand and effectively perform your role under the Three Lines of Defence principle to identify, measure, monitor, manage and report risks.

Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.

Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements.

Qualifications:

University graduate in Accounting, Finance or Economics

Preferable to possess professional qualification such as CPA, ACA, ACCA or MBA.

Accounting/GAAP knowledge.

Sound experience in reporting, consolidation and financial analysis,

At least 6 years of relevant experience; preferable in the banking industry.