Head of Financial and Control Reporting Section

Bank of Palestine is seeking to recruit a qualified candidate for the position of “Head of Financial and Control Reporting Section”

Location: Ramallah

Responsibilities:

• Preparing financial regulatory reports in accordance with the requirements of the Palestine Monetary Authority on a monthly, quarterly, semi-annual and annual basis.
• Review the financial and statutory reports issued to the Palestine Monetary Authority and commit to submitting them on time (such as the call report, monthly report, quarterly report, etc.).
• Review the report issued to the Palestinian Deposit Insurance Corporation and calculate the subscription value on a monthly basis.
• Review and follow up on liquidity reports, Liquidity coverage ratio and net stable financing ratio.
• Preparing the bank’s periodic financial statements (quarterly, interim, and final), at both the separate and consolidated levels.
• Preparing the financial and non-financial requirements (quarterly, semi-annual, and annual) for the external auditor, following up with him, facilitating his tasks, coordinating with other departments, and conducting the inspection tour.
• Communicating with the financial departments of the group companies and ensuring obtaining the required financial data for the purposes of preparing the consolidated financial statements.
• Preparing financial covenants reports.
• Preparing the bank’s periodic financial disclosure related to the requirements of the Capital Market Authority and the Palestine Stock Exchange Monitor the reconciliation of financial intermediary accounts.

جميع الحقوق محفوظة لموقع جوبس.

Job Requirements:

• A minimum of a bachelor’s degree in Accounting, Financial, and Banking sciences, or other related specializations. 
• At least eight (8) years’ experience in financial and banking.
• One of these certifications (CPA, ACCA, CMA, CFP) is a plus.
• Excellent communication and drafting skills for effective reporting in financial performance and indicators.
• Ability to operate in a cross-cultural environment requiring flexibility.
• Familiarity with related donors and governmental requirements.
• Excellent problem-solving ability, strong analytical skills, financial planning, and analysis background.
• Ability to work under tight deadlines, flexibility, and adaptability.
• Extensive knowledge of Excel and financial tools (specifically, advanced formulas, pivot tables, and charts).
• Good spoken and written Arabic, and English languages.

• For interested candidates, please submit a job application at:  https://bankofpalestine.com/career no later than Wednesday, September 11, 2024, and quote “Head of Financial and Control Reporting Section” on the vacancy field.

Only short-listed candidates will be contacted