Description:
Our client, Stanbic Bank is a leading financially regulated institution by the Bank of Uganda seeking to recruit a highly competent and qualified individual to fill the vacancy above. The position reports directly to the Chief Finance Officer.
PURPOSE OF THE JOB
Managing the planning and performance management process of PBB in Stanbic Bank Uganda Limited (SBUL).
The role will include the establishment and reporting of Key Performance Indicators (KPI’s) for the Personal and Business Banking business unit and the monitoring of product, segment, branch and BU performance and profitability.
The prime customer of the incumbent is the Head of PBB to whom a full financial management service will be provided.
Co-coordination of the PBB/CIB segment reporting in conjunction with the Manager, CIB Accounting and Reporting.
Member of the PBB MANCO.
KEY RESULT AREAS
Develop and implement reporting of key PBB management information (MI) ensuring data integrity and timely communication to relevant managers.
Provide MI, reporting and query resolution support to PBB, including monthly product, segment, branch and BU performance analysis.
Identify areas of performance shortfall and propose corrective interventions to PBB management team.
Investigate variances to budget, provide explanations and recommend corrective action.
Drive the required business analysis and related process for making recommendations for new performance opportunities.
Develop and track KPIs trends and develop benchmarking processes for PBB.
Prepare detailed MI schedules against forecasts and KPI’s on revex and balance sheet targets for the, branch managers, area managers, relationship managers, product managers and segment heads
Analyze deviations from KPIs and targets with explanatory notes.
Prepare monthly analysis and commentary on margin, product, branch, segment and BU performance, identifying areas for improvement and corrective action.
Prepare and present the annual budget and revised estimates for PBB BU.
Monitoring of revenue and expenditure against budget for the BU.
Prepare monthly summary PBB performance reports and analysis for submission to head office
REQUIREMENTS
Qualifications
B. Comm (Accounting/Finance)
ACCA or CIMA
Experience
Minimum of 4 years banking experience
Previous financial Modelling and data mining experience
Experience in balancing financial and business performance and coaching non-financial managers will be an advantage
Advanced computer skills (Excel, Access and PowerPoint).
Understanding of IFRS
Previous experience with Cognos an advantage
Working knowledge of accounting software. (Knowledge of SAP, Bank Master or Branch Power will be an advantage.)
Special Skills/Competencies
An appreciation and a good understanding of macroeconomics and external factors affecting the business strategies adopted, and market serviced by SBUL.
High level of business and financial acumen
Ability to analyses and evaluate data for acceptability and correctness.
Analytical mind with strong orientation to financial analysis.
Ability and experience in communicating with all levels of management regarding management information needs.
Good interpersonal skills required in liaising with people at different levels within the bank.
Strong report writing skills.
Ability to work under pressure to meet tight deadlines.
A person with high integrity.
Advanced computer skills (Excel, Access and PowerPoint).
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