Specialist Financial Strategy

1 week ago

Doha, Qatar Westbourne Partners Full time

Posted by:
Abbas Mahmoud

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You will assume prime responsibility for Business Partnering and budgeting team.

**Job Title**: Specialist Financial Strategy

**Department**: Group Financial Strategy and Business Planning (GFSBP).

**Location**: Qatar, Doha

**About Us**: We are one of the largest Banks in the MENA region

**Position Overview**:
You will assume prime responsibility for Business Partnering and budgeting team.

**Primary Responsibilities**:

- Assist the Senior Manager Financial Strategy to create long-term financial strategies to maximize shareholder value whilst pursuing prudent policies.
- Monitor annual budgets for all divisions/departments/units of the Group in conjunction with the relevant division/department/unit heads in consultation with the Senior Manager Financial Strategy.
- Provide management with regular reports on progress towards targets, flagging variations and performing initial checks on reasons for under/over achievement.
- Ensure that relevant reports are prepared and presented to the management/the Board on time to enable them to monitor business performance closely and taking timely corrective actions.
- Build and maintain strong and effective relationship with all other related departments and units to achieve the Group’s financial goals/ objectives.
- Liaise with the Group’s IT Department to ensure budget reporting needs of the Group’s business lines are timely resolved/attended to, to the extent these are dependent on required system enhancements.
- Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.
- Oversee analysis and deployment of the latest reporting tools.
- Develop/enhance budgeting preparation techniques and maintain reporting standards for the domestic and international businesses.
- Liaise with IT Department to develop/ design budgetary reports.
- Identify requirements for updating the budgetary system and lead on the implementation.
- Possess a superior knowledge of business support services and maintain an understanding of all pertinent regulations as well as best practices pertaining to business support services.
- Responsible for developing and training the team in the appropriate skills to ensure an effective and informative Financial Strategy.
- Hold meetings with direct reports and assess their performance. Also take decisive action to ensure speedy resolution of unresolved grievances or conflicts amongst personnel.
- Ensure high standards of confidentiality and ethics to safeguard commercially sensitive information.

**Experience Requirements**
- Professional certification such as CPA, CA, CMA, CFA etc. is a plus.
- Minimum of 6 years’ experience in a major bank of which at least 2 years managerial capacity in the financial strategy function.
- Excellent oral and written communication skills in English and Arabic (preferred).
- Knowledge of financial reporting processes and related pronouncements, including but not limited to IFRS, IAS etc.
- Proficiency in Financial Strategy tools/techniques including budgetary and transfer pricing mechanism.
- Well-developed analytical and interpersonal skills.
- Ability to deliver under pressure.
- Ability to build relationships across the organization to deliver results.

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