Financial Analyst (Regulatory Reporting experience required)

Overview

Position: Financial Analyst (Permanent – 100%)

Entity: QNB (Suisse) SA

Direct Supervisor: Head of Finance

We are currently looking for a Financial Analyst to join QNB in Geneva. Key must-have competencies include:

• Preparation of regulatory returns to the Swiss National Bank and FINMA, using the FiRE system.
• Calculation and recording of accounting entries, including accruals, prepayments, tax and depreciation
• Preparation of the financial statements and notes.
• Review of the accounting records from a financial control perspective.

Duties and Responsibilities

• Prepare regulatory returns to the Swiss National Bank and FINMA.
• Prepare documentation related to taxation (direct and indirect tax) as well as financial reports to the Head Office and for local and group management.
• Manage finance department related projects.
• Processing of invoices from Suppliers.
• Ensure that the accounting records of the bank are accurate and updated in a timely manner.
• Provide the required support in monitoring limits and exposures with a view to improving the Bank’s profits, whilst at the same time ensuring compliance with the consolidated/ overall approved limits.
• Ensure timely and accurate compilation of information required for disclosure of all material matters concerning the Bank.
• Assist the Head of Finance in developing mechanisms designed to ensure compliance with all relevant local laws and regulations and also international laws and regulations.
• Assist the Head of Finance in performance monitoring and quality measurement purposes pertaining to the financial control related process.
• Observe and promote cost consciousness and efficiency, and enhances productivity, to minimize costs, avoid waste, and optimize benefits for the bank.
• Track expenses and revenues vs. budget and forecast/analyze fluctuations and variances.
• Prepare monthly budget consolidation and assists in the Budget/ forecast process.
• Review monthly Payroll.
• Coordinate financial questions/answers with Head of Finance.
• Prepare quarterly financial statements and disclosures for internal stakeholders.
• Prepare annual financial statements / information for external stakeholders such as Auditors; Outsourced Payroll; Regulatory bodies etc.
• Evaluate profit and cost efficiencies in Switzerland.
• Develop, maintain and distribute as-hoc reports and financial info as needed.
• Assist in managing the banking business from a financial perspective to gauge the quality and performance of the bank’s departments.
• Compile, analyze, and interpret data as and when requested by the Head of Finance.
• Prepare financial reports for forecasting, trend and results analysis.
• Provide cover for the Head of Finance, in case of absence.
• Process invoices from suppliers.

Profile

Education and Professional Qualifications:

• University degree at Masters level in business or finance, with a strong emphasis on accounting. or hold a professional qualification in accounting (Expert Comptable-Diplomé or Chartered Accountant)
• At least 3 years’ professional experience within the finance department of a Swiss bank.

Required Skills:

• Strong computer skills (highly proficient in Excel.
• Sound knowledge of relevant banking statistics, local relevant regulatory banking regulation and local tax systems. Mandatory experience in regulatory reporting (SNB and FINMA).
• Excellent presentation and interpersonal skills, ability to listen, guide and advise external and also internal partners.
• Knowledge and experience in the use of Avaloq required.
• Strong problem solving and analytical skills with attention to detail.
• Ability to question status-quo and deliver facts-based conclusions.
• Concise, direct communication while under pressure, and active knowledge-sharing.
• Business and problem-solving skills. Agile and flexible.
• Excellent team player with high spirit of motivation and commitment.
• Excellent oral and written communication skills in French and English. Arabic is an asset.
• Good common sense, curious, flexible and highly motivated personality.
• Ability to work autonomously and as a good team player, with a “can do” attitude.

• Swiss residency required