Narrative Description: Responsible for tracking the financial performance against budget, peers and historical data as well as analyzing business performance and market conditions. Duties & Responsibilities: 1. Analyze and review monthly, quarterly, and annual fiscal activities, asses the validity and accuracy of financial information and recognize the impact of actions to overall financials. a) Review the balance sheet, Income statement and interest margin. b) Prepare monthly review package including performance evolution and bring it up to date with suggestions for improvements. c) Follow up on the received reports of the financial results of the bank’s subsidiaries and communicate any unusual events on monthly basis. d) Review operating expense report to compare actual consumption against budget for each cost management center on monthly basis. e) Review and prepare the quarterly financial key performance indicators data and report it to the concerned department. f) Compare QNB ALAHLI’s performance and results against the main banks in the market and highlight the main areas of contrast. g) Update and review the market share monthly, or upon release of data by the CBE, while comparing the bank’s market share versus main peers. 2. Review and elaborate the financial data for Board of Directors (BOD) meeting. 3. Prepare the quarterly press release report. 4. Review and prepare daily, monthly and quarterly capital expenditures utilization reports, compare departmental expenditures to original budget and identify trends in spending, to maintain expenditure controls and avoid exceeding the budget. 5. Review spending requests allocate budgets for the requested projects after fulfilling any requirements. 6. Develop monthly variance reports whenever needed and seek new ways to improve efficiency. 7. Assist in assuring the accuracy and the timely delivery of data, and analysis abnormal patterns 8. Adopt the bank’s policies and procedures in order to guarantee that the bank’s business is conducted in compliance with Local Laws, Internal Rules and Regulations, as well as, International Standards. 9. Ensure the correct functioning and implementation of the Permanent Supervision, Compliance and Money Laundering, Operational Risk, and Workplace Success Guidelines whenever and wherever possible.
Job Specifications: Education: Bachelor’s degree in Economics, Business or Finance is required with a preference for completed any relevant postgraduate study or those who are pursuing a professional certificate in finance (CFA, … etc.) Experience: Minimum 2 years’ experience in a relevant field Skills: Ability to demonstrate interpersonal and communication skills High analytic and observational skills Ability to work under pressure Fluency in Arabic and English written/spoken Very good computer knowledge