Manager Finance

Job Purpose Summary: The incumbent will assist the SVP Finance on all aspects of Financial Control and administration issues of QNB business in India. Education/Experience Requirements: Hands on experience on Central Bank's regulatory reporting Good working knowledge of Direct & Indirect taxes related to banking industry End to end working knowledge of vendor management & vendor payments Good knowledge of financial reporting, MIS, Budgeting, Forecasting, Performance v/s Budgets University Graduate with a major preferably in finance, accountancy or related subjects, Minimum 6 years’ experience, preferable in the banking industry Excellent oral and written communication skills Essential Duties & Responsibilities by Dimensions: Shareholder & Financial: 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 Customer (Internal & External): Establish and enhance relationships with regulatory authorities to ensure that all regulatory reporting requirements are complied with. Assist the SVP Finance in liaising with external auditors on matters pertaining to presentation and disclosure of financial statements, emerging financial reporting trends, impacts of proposed accounting standards etc. Build and maintain strong and effective relationship with all other related departments and units to achieve the branch’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): Responsible for the preparation of Country Statutory Returns for Central Bank and other local regulatory bodies as per local requirements Analyses data from statements, ledgers, accounts, etc. Identifies and undertakes initial investigation of variances against budgets and standards.

Collates and extracts data and produces routine reports, schedules, summaries, and letters for customers and suppliers. Responsible for processing of invoices and associated accruals and pre-payments as well as fixed assets, in line with company procedures and authorization requirements. Responsible for the preparation of the MIS Pack containing various MIS and ALCO related information required by Group Financial Control/Head Office (HO).

Support SVP Finance in compiling and reviewing Daily Balance Sheet and Profit & Loss for Country GM Prepare reconciliation of all Nostro accounts including follow up of long outstanding items and reviews Nostro accounts for consistency of Balances and Transactions. Report exceptions to management. Responsible for processing of invoices and associated accruals and pre-payments as well as fixed assets, in line with company procedures and authorization requirements.

Maintain activities in accordance with Service Level Agreements (SLA’s) with internal departments/ units to achieve improvements in turn-around time. Learning & Knowledge: Possess superior knowledge of finance related business processes and controls in all related operational areas. Maintain an understanding of all pertinent regulations as well as best practices pertaining to financial reporting.

Legal, Regulatory, and Risk Framework Responsibilities: Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).