Financial Controller - Banking
About Company
Qatar Industrial Development Bank (presently known as Qatar Development Bank ) was established by the Emiri Decree No.14 of 1997 to promote and encourage economic and industrial development in the country .
The success that the bank accomplished in developing the industrial sector led to the bank changing its name to ‘Qatar Development Bank’ by changing its articles of association in 2007 .The new articles of association has broadened the scope of activities of the bank ,enabling it to contribute to the development of the industrial, tourism, educational, health care, agricultural, animal resources and fisheries sectors of the Qatari economy.
The State of Qatar ,which owns all the shares in the Bank ,has increased its capital from QR 200 million to QR 10 billion.
Please, visit www.qdb.com.qa to view full profile of the Bank.
Job Description
Financial Controller - Banking
Purpose: To manage and control the finances of the Bank
• Perform payment/ billing reconciliation
• Reporting on accounts receivable
• Process invoices and payments
• Reporting on accounts payable
• Maintain records of Purchase orders and bills
• Process payroll on regular basis with minimal errors
• Carry out monthly, quarterly and end of year closing
• Develop, maintain and control chart of accounts
• Control the bank finances through the chart of accounts for disbursement, repayment etc
• Conduct the budgeting exercise and determine budgets for the Bank
• Manage daily bank transactions and handle cash requirement
• Based on the disbursement schedule, arrange for fund transfers to the customers
• Receive repayments on loans
• Manage the procurement and tendering process
• Raise purchase orders
• Follow up on contractors and suppliers
Role Profile
Manager Accounts
• Assist in formulating & implementing the bank strategy by providing information related to budgets, business plans, cash flows, financial outlays etc
• Develop and implement the departmental strategy, policies and procedures in alignment to the bank’s strategy and direction
• Supervise the finance and accounting function to ensure all records are up to date and the bank reports a true and fair image of the bank’s financial health to its stakeholders
• Ensure the books of accounts and closed on a timely basis and provide an accurate account of all dealings
• Maintain relationships with other banks, auditors, central bank and other government agencies
• Develop, mentor and manage the team
Supervisor General Accounting
• Ensure all the accounting activities are posted in a timely and accurate manner
• Maintain proper records of all financial transactions within the bank
• Ensure the books of accounts are closed in a timely fashion
• Provide support to the auditors and ensure the bank receives a clean bill of health from the audit
• Supervise the accounting function to ensure all the receivables and payables are processed in a timely fashion
• Develop, mentor and manage the team
Supervisor Control & Budgeting
• Responsible to support the Finance manager and the management team in providing accurate and timely reports on the business
• Prepare the budget for the bank and the different departments. Work closely with the management team and the departmental heads in preparing the budgets
• Track the budgets on a regular basis and provide updates to the management on performance of actual against budgets
• Ensure all the central bank and regulatory reporting are carried out in a timely and accurate manner
• Responsible for managing the control on all business financing activities
• Monitor the GL and ensure all GL postings are done in a proper manner
• Add or make any GL changes to the core system
• Identify any irregularities in the GL and report
• Act as a point of control for all business financing activities
Officer GL / Fixed Assets
• Process receipts on a daily basis
• Verify receipting, prepare banking and perform accounts receivable related data entry
• Maintain client details and other financial transactions within the subsidiary ledgers
• Process refunds to clients in accordance with agreed terms.
• Debt collection and reporting
• Perform reconciliation’s between the subsidiary ledger and general ledger
Officer MIS & Budgeting
• Develop and maintain the database for collecting, storing and preparing management reports based on business needs
• Analyze the data and develop reports customized to suit business requirements and for management decision making
• Data mining and creation of reports
• Create analytical tools to track trends and business performance
• Responsible for formulation, monitoring and presentation of budgets for controlling funds
• Prepare budgets and support the departments in collecting data for drawing the annual budgets
• Track the performance of the bank and departments on the budgets and reports on any variances
• Make any amendments to the budget based on any changes in the business requirements
Officer QCB Reports and Reconciliation
• Prepare reports for reporting to the central bank on a regular basis on the position of bank’s finances
• Understand the central bank reporting requirements thoroughly and develop reports in close coordination with the MIS officer
• Respond to any queries from the central bank on the reports
Officer Accounts Payable
• Maintain a system for receiving, processing and filing invoices and payment vouchers
• Ensure all the invoices are properly verified and payments is processed in a timely and accurate manner
• Check for invoices with the contracts/ purchase orders before payment is released
• Post the entries in the books of accounts and reconcile any invoice which do not have purchase orders
Requirements: Bachelor deg (more...)
http://www.aljazeerajobs.com/jobs/vacancies/Qatar/Financial-Controller--Banking-332150.html
No comments:
Post a Comment