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