QNB3553 - Senior Manager - Finance (Saudization)

QNB GroupSaudi Arabia

10 hours ago

Job description

Senior Manager - Finance (Saudization)

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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 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

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)

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)

Prepare monthly, quarterly, annual MIS and regulatory reports.

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

Prepare monthly Branch budget consolidation and assist in the Budget / forecast process.

Review monthly Payroll.

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Finance Manager • Saudi Arabia