QNB- Assistant Vice President- Reporting and Taxation

About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

To manage tax processing and tax department inquiries related to Asset Management, Financial Statement report and external and internal audit. The incumbent is charged with maintenance of adequate records pertaining to Asset Management and Investment Services activities such as portfolio fund management and Investment.

• Shareholder & Financial:
• Develop business budgets, control operation costs and contribute to QNB sales income by providing accounting and administration services.
• Ensure the information disclosed to the stakeholders is complete, accurate and timely.
• Implements KPI’s and best practices for Assistant Vice President Reporting and Taxation role.
• Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.
• Act within the limits of the powers delegated to the incumbent and delegate authority to the respective staff and monitor exercise of the same.
• Demonstrate clear understanding of the important factors behind the bank's financial & non-financial performance.
• Customer (Internal & External):
• Ensure the efficient operations of Reporting and Taxation
• Supervise the delivery of Reports (tax or otherwise) as per the required frequency always in line with the local procedures, client and tax authority requirements and laws.
• Handle/resolve queries/problems of fund managers, brokers, security markets and bank’s internal departments and Investors to the highest quality, speed and efficiency.
• To assist customers in all their queries on Bank’s product and seek solution to their requests.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.
• Build and maintain strong/effective relationships with related departments/units to achieve the Group’s objectives.
• Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.
• Internal (Processes, Products, Regulatory):
• Documentation
• Ensure the adequate maintenance of asset management documents (e.g. licenses, prospectus, articles of association, reports, records, etc.)
• Transfer Agency
• Manage the profiles to ensure timely delivery of reports/data required to perform the tasks.
• Fund Administration / Accounting
• Coordinate between funds and investment managers, brokers/ banks and founders to ensure timely capture of data and transactions in the system required to produce the necessary reports.
• Manage asset management profiles in the system in line with the required reports that must be generated challenging business should there be any incorrect or conflicting information.
• Manage direct and indirect tax provision calculations, tax structures and their impact in business
• Management
  - Question processes and procedures to ensure they are always up to date, the most efficient and robust enough to prevent errors and losses
• Ensure that the staff members follow asset…