Finance Control & Reconciliation Officer – Doha Bank

Company: Full Time Jobs in Qatar Sector: Accounting, Finance & Banking
  • Location: Doha, Qatar View on Map
  • Date Posted : April 25, 2024
  • Salary: Negotiable

About the job

Role Objective:

As a Financial Control Officer, you will play a pivotal role in ensuring the effective administration and operations of the Financial Control function, adhering to accounting standards, regulations, and policies. Your responsibilities will include overseeing Nostro Reconciliation and Accounts Payable functions.

Qualifications and Experience:

  • University graduate with a degree in Business, Banking, Finance, or related field.
  • Master’s degree in Management or related discipline is preferred.
  • Professional qualifications such as CA, CPA, CMA, ACCA, or equivalent are advantageous.
  • 5-8 years of experience in financial services/banking, with previous experience in a Financial Control role.

Detailed Roles and Responsibilities:

Financial Control Function:

  • Review daily consolidated balance sheets and escalate abnormal situations.
  • Provide guidance on accounting issues for local and overseas branches.
  • Assist in policy/procedure manual preparation and revisions.
  • Review and prepare accounting procedures for new products or business activities.
  • Attend to tasks related to Core Banking Systems.
  • Review/follow-up on reconciliation of suspense accounts.
  • Assist in system implementations and compliance with financial norms.

Accounts Payable:

  • Support Accounts Payable Manager during staff shortages.
  • Ensure timely payments and prepare monthly MIS reports.
  • Ensure compliance with tax laws and assist in system implementations/upgrades.

Nostro & Inter Branch Reconciliation:

  • Assist Reconciliation Manager during staff shortages.
  • Prepare MIS reports and analyze reconciliation outstanding.
  • Ensure proper data backup and archival.
  • Liaise with Risk Management and Remittances Dept. on unclaimed drafts.

Information for Auditors & Compliance:

  • Coordinate efforts to provide required information for audits.
  • Assist in preparation of Financial Statements and reports.
  • Liaise with external auditors and regulatory bodies.

Other Tasks:

  • Attend to ad-hoc tasks assigned by superiors.
  • Review invoices for compliance with purchase approval policy.
  • Represent Group Finance in meetings/projects/seminars/workshops.
  • Review policy procedure manuals and provide feedback.

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