مساعد نائب الرئيس للتخطيط المالي وإعداد الموازنات

Job Summary:

The incumbent will assume prime responsibility for the budgeting, forecasting and business planning of the Group performance for the domestic and international businesses, analysing and deploying the latest budgeting/ forecasting tools.

Essential Duties & Responsibilities by Dimensions:

A. Shareholder & Financial:

- Assist in leading the annual budgeting process for all divisions/ departments of the Group and also assist in maintaining consistent business planning, budget, and review procedures throughout the Group and monitoring budgetary control systems.

- Ensure that relevant MIS reports are prepared and presented to the management/the Board on time to enable them to monitor business performance closely and taking timely corrective actions.

- Implements KPI’s and best practices for AVP, Financial Budgeting and Business Planning role.

- Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank

B. Customer (Internal & External):

- Coordinate with the various heads of divisions/departments/units to ensure the implementation of the budgeting

exercise and to probe major deviations from budget.

- Build and maintain strong and effective relationship with all other related departments and units within the Group

to achieve the Group’s goals/ objectives.

- Liaise with the Group’s IT Department to ensure budgetary reporting needs of the Group’s business lines are

timely resolved/attended to, to the extent these are dependent on required system enhancements.

- 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 and accurate information to the external and internal auditors and the Compliance function as and

when required.

C. Internal (Processes, Products, Regulatory):

- Lead budgeting and forecasting activities for the domestic and international businesses and direct the

implementation of procedures to support the budgetary control function.

- Develop/enhance and maintain budgeting and forecasting tools and techniques for the Group.

- Ensure adherence to financial control policies and procedures.

- Liaise with concerned departments and IT Department to resolve all observed inaccuracies in outputs/systems.

- Identify requirements for updating the budgeting system.

- Responsible for developing Group’s budgetary policy/ framework and the related budgetary templates.

- Develop and improve budget monitory forms and structures to ensure an accurate and complete budget control

process.

- Supervise and train unit’s personnel to ensure efficiency.

D. Learning & Knowledge:

- Possess a good knowledge of budgeting and maintain an understanding of all pertinent regulations as well as best

practices pertaining to budgeting.

- Proactively identify areas for professional development of self and undertake development activities.

- Seek out opportunities to remain current with all developments in professional field.

- Develop and train Budgeting team in the appropriate skills to ensure an effective and informative MIS.

E. Legal, Regulatory, and Risk Framework Responsibilities:

- Ensure high standards of confidentiality and ethics to safeguard commercially sensitive information.

- 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)

Required Special Skills:

- Excellent oral and written communication skills in English and Arabic (preferred).

- Knowledge of financial reporting processes and related pronouncements, including but not limited to IFRS, IAS etc.

- Proficiency in budgeting techniques/tools.

- Well-developed analytical and interpersonal skills.

- Ability to deliver under pressure.

- Ability to build relationships across the organization to deliver results.