Role Statement

• The Business Finance Manager will play a critical role in providing financial insights, analysis, and advisory services to various business units within the bank.
• This role is responsible for the review, development, and enhancement of business performance management reports.
• The position will be responsible for driving the financial performance and growth of business segments.
• He will act as a key advisor to business units, providing market insights, supporting new product launches, and ensuring campaign costs generates enhanced revenues
• Regular presentations to the Business and Committees on improving /guiding business performance

Principal Responsibilities

Performance Reporting & Analysis:

• Provide comprehensive financial reports to business divisions, focusing on detailed performance measurement and variance analysis.
• Develop, review, and enhance business segment reports, ensuring accuracy and relevance for decision-making.
• Continuously improve performance management reports, including campaign reports, DSA performance, product profitability, cards & ADCs performance, branch performance, and other business MIS.

Business Support & Advisory:

• Review and evaluate new products, proposals, and campaigns from business units to provide strategic financial support for implementation.
• Act as an advisor to business units, offering insights to drive growth and improve financial performance.
• Provide market insights and analysis, comparing products and customer segments with industry benchmarks to identify opportunities and risks.

Revenue Growth & Cost Control:

• Engage continuously with business units to identify revenue growth opportunities, focus areas for improvement, and cost control strategies.
• Generate ideas and strategies for Profit & Loss (P&L) growth, ensuring alignment with the bank’s overall financial objectives.

Advisory Role:

• Serve as a financial advisor to business units and branches, guiding them on financial matters to enhance their decision-making capabilities.
• Support business units in identifying key performance indicators (KPIs) and setting targets that align with the bank’s financial goals.

Strategic

• Regular presentations to the Business and Committees on improving /guiding business performance

Candidate Specifications

• Bachelor degree in Accounting, with an additional professional qualification or Master’s degree.
• Minimum of 5-6 years of relevant experience in the finance department or business finance function of a banking institution