QNB3553 - Senior Manager - Finance (Saudization)

About Qnb

Job Summary

• Shareholder & Financial

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

• Customer (Internal & External)

• 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

• Internal (Processes, Products, Regulatory)

• 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 SVP Finance.
• Prepares financial reports for forecasting, trend and results analysis.
• Provide cover for the SVP Finance, in case of his/her absence.

• Learning & Knowledge

• 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
• Legal, Regulatory, and Risk Framework Responsibilities:
• Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).
• 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.
• Maintain appropriate knowledge to ensure full qualification to undertake the role.
• Complete all mandatory training provided by the Bank, attain, and maintain the required levels of competence.
• Attend mandatory (internal and external) seminars as instructed by the Bank.
• Other:
• Ensure high standards of data protection and confidentiality to safeguard commercially sensitive information.
• Maintaining utmost confidentiality concerning customer and internal bank information obtained during the course of business and provide such information on a need to know basis only to Senior Management of QNB, Audit and Compliance functions, and relevant Regulators.
• Maintain high professional standards to uphold QNB's reputation and to strengthen its market leadership position. All other ad hoc duties/activities related to QNB that management might request from time to time

Education And Experience Requirements

• University graduate in Accounting, Finance or Economics required, preferably with additional accreditations in Finance.
• Preferable to possess professional qualification such as CPA, ACA, ACCA or MBA.
• Accounting/GAAP knowledge.
• Sound experience in reporting, consolidation and financial analysis,
• 8 years of relevant experience; preferable in the banking industry.
• Excellent oral and written communication skills (including report writing) in English; with Arabic, French or applicable local language highly desirable
• Note: you will be required to attach the following:
• Resume/CV
• Copy of your Passport
• Copy of Education Certificate