Assistant Manager Reporting & Taxation

Company: QNB Group
Location: Doha, Qatar
Employment Type: Full-time
Description:
Job Purpose Summary:The incumbent will have responsibility for coordinating the Reporting and Taxation activities within asset management accounting/custodian services. The incumbent is charged with managing the withholding tax in terms of calculation, accruals, payments and submission and liaison with local tax authorities.Essential Duties & Responsibilities by Dimensions:A. Shareholder & Financial:- Develop business budgets, control operating costs and contribute to QNB sales income by providing custodianship services.- Ensure the information disclosed to the stakeholders is complete, accurate and timely.- Implements KPI s and best practices for Assistant Manager, Reporting and Taxation role.- Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.- Act within the limits of the powers delegated to the incumbent.B. Customer (Internal & External):- Ensure the efficient operations of asset management… accounting and custodianship services.- Handle/resolve queries/problems of fund managers, brokers, security markets and bank s internal departments to the highest quality, speed and efficiency.- Provide timely and accurate information to the external and internal auditors when required.- Build and maintain strong and effective relationship with the all other related departments to achieve Group s goals.- 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.C. Internal (Processes, Products, Regulatory):- Documentation- Ensure asset management documents (e.g. licenses, prospectus, articles of association, reports, records, tax etc.) are correctly processed, are up to date and updated on the system accordingly.- Transfer Agency- Ensure capital stock activity (subscriptions and redemptions) are timely and accurately captured and disseminated to the respective stakeholders, escalating any issue to the relevant parties.- Fund Administration Financial Reporting- Review the financial statements / MIS and ensure they are disseminated timely and accurately to the relevant stakeholders on a monthly, quarterly, annual or ad-hoc basis.- Fund Administration Tax- Review imposable and other taxable activity in line with local law and different account profiles in regards to both investment tax and shareholder tax.- Assist in preparation of tax filings- Liaise with the relevant tax authorities.- Fund Administration / Accounting / Tax- Ensure activity is correctly and timely captured and disseminate to the respective stakeholders following up with staff whenever needed and escalating any relevant breach accordingly.- Support the ongoing tax provision requirements for the bank for local and international operations performing reasonability checks.- Regular review to ensure that the bank is complying with WHT and other tax requirements and tax payment obligations.- Assist in the on-going taxation process in the bank and progressively review opportunities for legitimate tax planning across the Group.- Management- On-board new staff in the bank and team (if applicable)- Ensure that the staff members follow asset management work flows and procedures in order to ensure high level of productivity, greater efficiency and smoother operations.- Audit / Reporting / Reconciliation- Ensure account reports / financial statements, audit reports are printed and dispatched on-time to the relevant internal and external stakeholders.- Query Management- Ensure inbound queries are answered within 24h from receipt- Ensure no urgent emails are left unaddressed at the end of each day- Escalate emails as needed with your supervisor.- Communication- Escalate all urgent matters requiring attention to supervisor- Assist/Train more junior staff in the completion of their tasks- Promote an healthy and open team spiritEducation and Experience Requirements :- Bachelor s Degree preferably with a Major in Tax, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study)- At least 4 years of relevant experience, preferably within a highly rated international bank

Source: Naukrigulf.com

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