Job Description

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To prepare financial information for all stakeholders of the business for informed decision making and to support the business.

Business Performance Management:

• To monitor actual performance of ABSL against target, analyse variances, both on an entity and on a functional basis.

• To provide country & functional financial management information to function heads, including commentaries on variances to ensure business functions are accountable for their performance.

• To respond to routine and ad hoc information requests from Finance Management/ Function head regarding business performance.

• To work on scenarios to produce reports that enable the quantification of impact of changes in economic variables (interest, exchange, inflation) on our performance
• To recommend actions to management on how to improve performance and cost reduction, where necessary.
• To support the business in the production of specific technical elements of Management Accounts including Regulatory & Statutory Reporting and the provision of core ongoing accounting operations, like monitoring the recharges, accrual process and General Ledger control.
• To provide an updated annual/half yearly/one-month forecast of performance against budget
• To help in any Finance related activities as and when directed by FD and AR FDS.

Decision Support:

• To help produce the financial business case for investment projects in ABSL and to monitor benefits by gathering data and calculating costs, benefits and returns.

• To provide support and analysis on a range of technical issues in connection with the Financial and Management Accounts e.g. variance/trend analysis (actuals v budget) makeup of specific income, costs, assets, liabilities etc, and their key drivers, identify and raise management concern on areas of concern/ pressure points.

Strategy & Planning:

• Undertake key elements of strategic management activity, involving the identification of how value is created, destroyed and driven in the function.
• To take ownership of MTP/STP/RAF process.
• Support management in identifying areas of opportunities, threats, risks & challenges within Banking & competitor environment, by providing both financial & non-financial information.

Financial Control

• To challenge plans to commit costs, identifying areas for cost efficiency and managing the delivery of benefits
• Participate/challenge on FTP, cost allocation and cost apportionment process and methodologies to ensure a fair distribution of economic benefits & costs across functions.
• Support audit process by reviewing audit schedules and liaise with auditors regarding performance & financial statements.
• Support finance management in initiatives for improvement in control within the dept by helping in DRCAs and Process Map reviews.

Staff Management

• Develop financial skills and business knowledge of Finance Analysts through coaching and on-the-job training.
• Keep up to date with changes in financial environment and standards by attending training sessions, workshops and conferences.

Education

Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)