Assistant Supervisor – Monetary Controls – Business Financial institution of Qatar

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Job Abstract

This place works below the supervision of Senior Supervisor – Tax and Monetary Controls and first accountable to evaluate and carry out the management testing as per Financial institution’s Threat Management Matrix, (RCM) as a part of management’s evaluate of Inside Management over Monetary Reporting. (ICoFR)

Key Accountabilities

Inside Controls on Monetary Reporting (ICoFR)

• the ICoFR necessities as per regulatory requirements and trade greatest practices associated to the financial reporting with the intention to assess the design and working effectiveness of the controls throughout the varied divisions/departments
• of inside management ideas and expertise in making use of them to plan, carry out, lead and report on the analysis of assorted enterprise processes/areas/capabilities
• in partnership with different groups/departments to guage and enhance inside management over financial reporting processes together with acceptable segregation of duties
• monetary statements vital accounts, associated assertions and mapping to the financial institution’s risk matrix together with identification and project of management homeowners throughout vital processes
• of upkeep and preparation of clear, detailed, and correct documentation together with course of narratives, stream charts (if essential), management descriptions, risk matrix, check outcomes, evidences and management responses/remediation plans
• management testing on operational effectiveness of inside controls throughout the financial institution on periodic foundation – pertinent to controls on month-to-month, quarterly and yearly foundation
• remediation of failed controls and determine with management homeowners mitigating controls and/or advocate new controls to make sure operational effectiveness
• month-to-month/quarterly dashboard for management evaluate with controls examined: handed, failed, remediation.
• in organising new controls mapped with the Financial institution’s risk matrix for brand spanking new merchandise and new monetary statements vital accounts
• with the exterior auditors on the character, timing, and extent of testing for ICoFR
• with the Exterior Auditors on their evaluate of ICoFR processes and resolve any open points

Different Accountabilities

Different Monetary Controls initiatives and Initiatives

• Help Basic Ledger (GL) Supervisor in resolving GL associated queries.
• Put together IFRS 16 (Leases) reconciliation abstract to assist regulatory reporting requirement
• Add XBRL monetary statements for QSE on a quarterly foundation.
• Aiding Enterprise by getting ready compliance ratio calculation and letter for Syndicated and Bilateral Loans
• Help Monetary management workforce in resolving queries from exterior auditor with regard to Monetary assertion and ICOFR audit.
• Help Monetary Management workforce within the preparation of Monetary Statements notes (the place required) and co-ordinate with exterior auditors as a part of quarter/annual monetary statements audit course of.
• Act as a again up for Senior Supervisor – Tax and Controls

Job Particulars

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