Team Member, Cost Management Budgetary Control at United Bank for Africa (UBA)

Job Description

• Interested in joining the UBA Tribe? We are looking for a candidate who has good knowledge of financial services business, analytical skills, an advanced interpersonal and conflict management skill, who also has good excel and basic SQL skills.
• The ideal candidates must be conversant with the following:
  • Financial services business
  • MS Office

Job Objective(s)

• Drive the translation of cost corporate strategy into action
• Provide advisory support to business units on cost
• Track and regularly report actual spent against budget
• Advice management on necessary actions to save cost and achieve the expected target.

Responsibilities
Group Budget design and review:

• Weekly upload of budget limit for non-sales divisions and business offices.
• Review of extra- budgetary expenditures requests.

MPR/Business Performance Analysis:

• Monitoring and reporting on expense/cost lines
• Efficient and timely allocation of Head Office costs, through ABC allocation methodology plus periodic review of allocation parameters in line with changes in key cost drivers of the business before the release of the draft MPR
• Daily review of Group-wide specific expenses.

Cost Reporting and Support:

• Resolution of all issues relating to Expenses.
• Provision of technical support to the GCOC, as well as the preparation of the quarterly reports
• Providing automated detailed cost reports by expense type to ALL business and support groups in line with the KPI sets for MPR delivery
• Management of the cost code system for monitoring and situating expense responsibility
• Generation/implementation of strategic cost saving initiatives
• Management of the cost code system for monitoring and situating expense responsibility.
• Preparation of Directorate/Divisional Cost Report
• Cost review for UBA Africa
• Cost code creation as required.

Requirements
Educational Qualification:

• First Degree in any related field
• Possession of relevant master’s degree/ Professional certification will be an added advantage.

Experience:

• Minimum of 2 years’ experience.

Desired Skills:

• Excellent oral and communications skill
• Advanced interpersonal and conflict management skill.
• Excellent listening skill
• Excel and basic SQL skills.