Team Lead, Performance Management (Financial Control) at Parallex Bank

About the Role:

• Are you a performance management virtuoso with a knack for turning numbers into success stories? We’re on the hunt for a Senior Performance Management Officer to lead the charge in preparing and monitoring the Bank’s budget.
• This isn’t just about crunching numbers—it’s about telling the story behind them! You’ll provide periodic updates on budget implementation and performance, keeping both our front-office and back-office teams on track and thriving.
• If you’re ready to bring precision, creativity, and a dash of fun to performance management, we’d love to hear from you!

Responsibilities

• Prepare the Bank’s budget by collaborating with all the Strategic Business Units (SBU) in the Bank.
• Participate in the presentation of the Bank’s budget to Management as well as the Board of Directors to obtain relevant approvals.
• Organize Monthly Performance Review (MPR) sessions across the Bank to evaluate and review budget implementation and performance.
• Periodically review the Bank’s performance management system to ensure best practices.
• Generate reports to monitor and review the Bank’s performance.
• Carry out an analysis of the Bank’s Customers through the Customer profitability report.
• Carry out the preparation and financial analysis of Account Officer Profitability reports (this will entail a review and analysis of each staff’s strengths and weakness and recommendations on areas of improvement to ensure overall profitability for the Bank.

Prepare Management Profitability Report.

• Prepare the Bank’s financial performance to ensure decision making and improvement of overall profitability.
• Design, develop and update a holistic measurement dashboard to track and measure service performance indicators.
• Stakeholder engagement with the Heads of the various SBUs, Branches and internal departments.

Required Skills and Competencies

• Budget Boss: You’ve got unwavering skills in budget preparation, management, and project coordination.
• Spreadsheet Sorcerer: Excel spreadsheets don’t scare you, they’re your playground! Bonus points if you’re handy with other accounting tools.
• Presentation Pro: You can break down financial models and present them with panache.
• Financial Detective: Analyzing financial statements and delivering reports is second nature to you.
• Number Ninja: Analytical and numerical abilities that make Sherlock Holmes jealous.
• People Whisperer: Strong interpersonal and relationship-building skills to keep the team humming.
• Communication Ace: You deliver messages clearly, whether in boardrooms or email threads.
• If this sounds like you, we can’t wait to see what you bring to the table!

Experience and Qualifications:

• A Bachelor’s Degree in Accounting, Economics, or any related discipline.
• A minimum of 7 years of professional experience is required, including at least 5 years in the banking sector and 4 years specifically in performance management.
• Knowledge of Financial management systems, accounting policies, and standards, tax management cost accounting, etc.
• Professional Certification is desirable i.e. ICAN, ACCA, etc.