Qnb2832 - Senior Vice President Financial Budgeting
2 weeks ago
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 Purpose Summary:
The incumbent will assume prime responsibility for the group financial budgeting and business planning, analyzing and deploying the latest budgeting/ forecasting tools and developing the Group's budgetary policy/ framework and the related budgetary, business planning templates and coordinating rating agencies.
Essential Duties & Responsibilities by Dimensions:A
Shareholder & Financial:
- Assist the EVP GFSBP to create longterm financial strategies to maximize shareholder value whilst pursuing
- Develop/implement and monitor annual budgets for all divisions/departments/units of the Group in conjunction with
- Provide management with regular reports on progress towards targets, flagging variations and performing initial
- Provide inputs in developing/ creating the Key Performance Indicators (KPIs), for performance monitoring and
Planning within Group Financial Control and monitor their achievements on periodic basis.
- Ensure that relevant MIS reports are prepared and presented to the management/the Board on time to enable them
- Maintains and Improves relations and communications between the bank and its shareholders, the investing public,
increase the value and marketability of the bank's share price.
- Responsible for coordinating all aspects with regard of information flow to Shareholders, Reporters, Analysts and
- Implements KPI's and best practices for SVP, Financial Budgeting and Business Planning role.
- Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize
B. Customer (Internal & External):
- Coordinate with the various heads of divisions/departments/units to ensure the implementation of the budgeting
- Build and maintain strong and effective relationship with all other related departments and units to achieve the
- Liaise with the Group's IT Department to ensure budgetary reporting needs of the Group's business lines are timely
- Provide timely and accurate information to the external and internal auditors and the Compliance function as and
- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve
- Build and maintain strong/effective relationships with related departments/units to achieve the Group's objectives.
- Oversee the budgeting, forecasting and business planning of Group performance for the domestic and international
- Oversee analysis and deployment of the latest budgeting/ forecasting tools.
- Develop/enhance budgeting and forecasting techniques and maintain budgeting and forecasting standards for the
- Oversee the development of the Group's budgetary policy/ framework and the related budgetary templates.
- Liaise with IT Department to develop/ design MIS reporting pack for budgeting & reporting purposes and submit the
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Doha, Baladīyat ad Dawḩah, Qatar QNB Full timeQNB283- Senior Vice President Financial Budgeting & Business PlanningAbout QNBEstablished 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...
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