Assistant Vice President Reporting and Taxation

Role Overview

Assistant Vice President Reporting and Taxation at QNB, located in Doha, Qatar.

Company Overview

QNB Group was established in 1964 as Qatar's first Qatari-owned commercial bank and is now the largest bank in the Middle East and Africa (MEA) region. The Group operates through more than 31 countries across three continents with over 28,000 employees serving up to 20 million customers across 1,000 locations and 4,300 ATM machines. QNB maintains ratings of A from Standard & Poor's, Aa3 from Moody's, and A+ from Fitch, and is recognized as the most valuable bank brand in the Middle East and Africa by Brand Finance Magazine. The bank actively supports community initiatives through social, educational, and sporting sponsorships.

Role Purpose

To manage tax processing and tax department inquiries related to Asset Management, Financial Statement reporting, and external and internal audit. The incumbent maintains adequate records pertaining to Asset Management and Investment Services activities including portfolio fund management and investment.

Key Responsibilities

Shareholder & Financial

• Develop business budgets and control operation costs to contribute to QNB sales income through accounting and administration services.
• Ensure stakeholder disclosures are complete, accurate, and timely.
• Implement KPIs and best practices for the Assistant Vice President Reporting and Taxation role.
• Promote cost consciousness and efficiency to minimize costs, avoid waste, and optimize benefits for the bank.
• Act within delegated powers and delegate authority to respective staff while monitoring exercise of that authority.
• Demonstrate clear understanding of factors behind the bank's financial and non-financial performance.

Customer (Internal & External)

• Ensure efficient operations of Reporting and Taxation.
• Supervise delivery of reports (tax or otherwise) at required frequencies in line with local procedures, client and tax authority requirements, and laws.
• Handle and resolve queries and problems from fund managers, brokers, security markets, bank internal departments, and investors with high quality, speed, and efficiency.
• Assist customers with queries on bank products and seek solutions to their requests.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments and units to improve turnaround time.
• Build and maintain strong effective relationships with related departments and units to achieve Group objectives.
• Provide timely and accurate data to external and internal Auditors, Compliance, Financial Control, and Risk when required.

Internal Processes, Products, Regulatory

• Ensure adequate maintenance of asset management documents including licenses, prospectus, articles of association, reports, and records.
• Manage profiles to ensure timely delivery of required reports and data for Transfer Agency activities.
• Coordinate between funds and investment managers, brokers, banks, and founders to ensure timely capture of data and transactions in the system required to produce necessary reports.
• Manage asset management profiles in the system in line with required reports, challenging business when incorrect or conflicting information exists.
• Manage direct and indirect tax provision calculations, tax structures, and their impact on business.
• Question processes and procedures to ensure they remain up to date, efficient, and robust enough to prevent errors and losses.
• Ensure staff members follow asset management workflows and procedures to achieve high productivity, greater efficiency, and smoother operations.
• Ensure account reports, financial statements, and audit reports are printed and dispatched on time to relevant internal and external stakeholders.
• Address audit findings and ensure closure within defined deadlines.
• Produce weekly and monthly Management Information System (MIS) reports to manager.
• Ensure inbound queries are answered within 24 hours of receipt.
• Ensure no urgent emails remain unaddressed at end of each business day.
• Escalate emails as needed with supervisor.
• Escalate all urgent matters requiring attention to department head.
• Promote a healthy and open team spirit.
• Set examples by leading improvement initiatives through cross-functional teams ensuring successes.
• Identify and encourage adoption of practices exceeding industry standards.
• Continuously encourage and recognize the importance of thinking outside-the-box within the team.
• Encourage, solicit, and reward innovation.

Qualifications & Experience

• Bachelor's degree preferably with major in Tax, Banking, Finance, Accounting, Economics, Business Administration, or Information Technology (related field of study); Master's degree preferred.
• Familiarity with Tax Regulation and Legality, Financial Statements, and Cost Accounting.
• At least 10 years of relevant experience, preferably within a highly rated international bank.

Additional Information

• Position closing date: 09 January 2027.
• Required application documents: Resume/CV, QID (Front & Back), Passport, Education Certificate, Birth Certificate.