Financial Reporting Specialist

Job description / Role

QNB Group, one of the World's Strongest Banks and the leading bank in the Middle East and North Africa, is seeking a Financial Reporting Specialist for the further expansion of the office in Doha.

With a Net Profit of US$2.9 billion in 2014, a growth of 10.3%, QNB has witnessed rapid international expansion over the past few years.

QNB Group is present, through its subsidiaries and associate companies, in more than 26 countries and 3 continents providing a comprehensive range of products and services. The total number of staff is more than 14,500 operating from over 615 locations.

This role will assume prime responsibility for financial reporting (domestic), in line with pertinent regulatory requirements/best practices. The development and implementation of the Groups Financial Statement Close Process (FSCP) also rests with this role.

Role Description:
- You will ensure all financial regulatory reports/returns are prepared at a timely manner and are in line with the relevant regulatory requirements e.g. Sharia reporting requirements, other QCB requirements, Qatar Exchange (Q.E.) related requirements overseas segments etc.
- You will ensure monitoring of local and international regulatory changes, accounting standards and assess the impact of such changes on the periodic reporting to the regulators of the respective jurisdictions and also assess the impact of such changes on the financial statements.
- You will ensure the existence, timely updating and continuous adherence to Group policies and procedures relating to preparation/submission of regulatory returns, consolidated financial statements etc.
- You will ensure generation and review of reports to monitor/control market/ liquidity risk in conjunction with Group Risk.
- You will ensure monitoring and compliance with the best practices e.g. Basel II & III related reporting issues pertaining to credit risk, operational risk and market risk.
- You will iimplement the structure to independently verify and safeguard the integrity of Groups financial reporting. In doing so, supervise the review and authorization processes designed to ensure truthful and factual presentation of the Groups financial position.
- You will be responsible for the development and successful implementation of the Groups FSCP.

Requirements

The successful candidate will be a qualified Accountant (CPA, CA, CMA, CFA) with a minimum of 10 years experience in a major bank of which at least 7 years in a managerial capacity in MIS function.

About the Company

QNB Group is the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa is hiring.

QNB Group’s presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

QNB will assist you to take charge of your career with rich and varied opportunities to experience different parts of our global business and develop a valuable portfolio of skills and knowledge.