Unit Head Budgeting & Analytics at First Bank

Job Summary

• Our finance team is seeking to hire a seasoned FP&A professional as Unit Head, Budgeting & Analytics. This position will play a critical role in business analysis for decision-making, budgeting and forecasting, defining and monitoring KPIs, cost management and FP&A process optimization and automation.
• The ideal candidate will be at a minimum of Manager Grade, with superior business acumen, interpersonal relationship, and technology tools proficiency.

Responsibilities

• Coordinate the budgeting process and drive the implementation of the commercial banking group’s budget
• Develop required financial models and approaches to deliver the annual plan & forecasts
• Develop and implement the relevant framework, policies and processes to measure and report the Banking Group’s performance along distinct dimension: customers, segments, products, channels, etc.
• Coordinate the implementation and management of balanced scorecard system
• Monitor performance, viz-a-viz budget on a monthly basis and analyse the bank’s performance against competition and industry
• Provide actionable insights and analytics as may be required to drive and optimize the bank’s performance
• Facilitate periodic performance review sessions (MPR, QPR)
• Drive budgetary control and implement cost optimization initiatives
• Manage the MIS (Management Information System) reporting application and planning applications.

Requirements
Qualifications:

• First Degree in Accounting or Finance related programs.
• Master's Degree / Professional certification in Accounting or Finance.
• Other Degree programs will be considered, if the candidate has master’s Degree / Professional certification in Accounting or Finance.

Experience:

• Candidate must have 12-15 years industry experience in management information system and decision support, budgeting and budgetary control, scorecard development and management, competitive benchmarking, and business analytics.
• At least 5 years must have been in a management role. Experience in business advisory or professional Finance / Accounting would be beneficial.
• Experience in consulting with major projects will be an advantage.

Key Competencies:

• Sound knowledge of finance, financial & management accounting, budgeting and cost control principles
• Deep knowledge of Banking operations and processes, banking services / products, business processes, and performance management principles.
• Ability to analyze financial and non-financial data, prepare financial performance reports, statements and projections, and be able to understand complex systems
• Experience driving automation of financial reporting and performance measurement systems and proficiency in analytics tools including Microsoft Excel, Power BI, etc.
• Excellent strategic thinking, organization, coordination, problem-solving, conflict resolution, negotiation, and analytical skills.
• Strong interpersonal skills and adept at cross-functional collaboration
• Excellent professional written and verbal communication and presentation skills, including proficiency in the use of Microsoft Office tools for presentation.
• Ability to motivate teams to produce quality outputs within tight timeframes and simultaneously manage several projects
• Passion and drive for process design, implementation, and improvements
• Experience and skills for change management and stakeholder engagement;