Assistant Vice President - Financial Budgeting and Business Planning (Qatarization)

About the role

QNB Group, established in 1964 as Qatar's first Qatari-owned commercial bank and now the largest bank in the Middle East and Africa, is hiring an Assistant Vice President for Financial Budgeting and Business Planning. The incumbent takes prime responsibility for the budgeting, forecasting and business planning of the Group's performance for domestic and international businesses, analysing and deploying the latest budgeting and forecasting tools.

Key responsibilities

• Assist in leading the annual budgeting process for all divisions and departments, and maintain consistent budgeting, budgeting review and budgetary control procedures across the Group.
• Prepare and present MIS reports to management and the Board on time so they can monitor performance and take timely corrective action.
• Implement KPIs and best practices for the role, promote cost consciousness and efficiency, and help customers with product queries while meeting SLAs with internal departments.
• Coordinate with division heads to implement the budgeting exercise and investigate major budget deviations; liaise with the IT department on budgetary reporting needs.
• Provide timely and accurate information to external and internal auditors and the Compliance function.
• Lead budgeting and forecasting for domestic and international businesses, develop and maintain budgeting tools and techniques, and ensure adherence to financial control policies.
• Develop the Group's budgetary policy and framework, budgetary templates, and budget monitoring forms; supervise and train unit personnel.
• Ensure confidentiality and compliance with legal, regulatory and internal requirements such as AML/CTF, sanctions, data protection, fraud control and conflict of interest policies.

Required profile

• Good knowledge of budgeting and an understanding of relevant regulations and best practices.
• Excellent oral and written communication skills in English and Arabic (preferred).
• Knowledge of financial reporting processes and pronouncements such as IFRS and IAS.
• Well-developed analytical and interpersonal skills, ability to deliver under pressure, and ability to build relationships across the organisation.
• Applicants must attach a resume/CV, educational certificates and a passport.