Budgeting, Planning and Analysis as a department has the role of reporting the business performance of the bank for business heads and senior management. This includes the preparation of weekly and monthly financial reports, budgets, peer bank analysis, market share analysis, and branch and product profitability.
In addition to this, long term strategic plan and mid year forecast for business.
-Prepare monthly direct expense report by line of business and cost centre.
-Prepare bank’s “Direct Expenses” annual budget by line of business/Cost Centre. Moreover, the quarterly forecast to revise the budget and analyse variations versus the budget.
-Liaise and coordinate with business and cost centres heads to provide their budget requirements.
-Monitoring actual business performance versus budget/forecaston monthly basis by line of business. In addition to this analysing variations from plan.
-Prepare required ad-hoc reports for management.
-Assist in the preparation of MEP – Major Expense Proposals of new capex projects
-Assist in the preparation of branch profitability
-Prepare required ad-hoc reports for management
-And any other assigned tasks
- MBA Finance is an asset
- 2+ years of experience
Job specific Skills:
- Excellent use of Microsoft applications.
- Excellent command of English.
- Familiar with Business Object reporting tool.
- Good user for profitability modules (if available)
- Hard worker, initiative, and long term scope for business drivers.