Senior Manager - Finance (Saudization)

Job Summary

The incumbent will assist the SVP 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.

Main Responsibilities

A. 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

B. 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

C. 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.

D. 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

E. 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.

F. 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