Senior Manager Finance

Role: Senior Manager – Finance

Department: Finance

• Direct Supervisor (Solid): Senior Vice President - Finance

Job Purpose Summary:

The incumbent will assist the SVP Finance and Country management by analysing the financial standing of the assigned location banking business; the incumbent will provide input for business recommendations and assessment of business proposals by the Country’s business Divisional Heads and departments. They will also be involved in financial, regulatory and MIS reporting of the country to HO and to the local regulators.

Essential Duties & Responsibilities by Dimensions:

A. Shareholder & Financial:

• Provide the required support in monitoring limits and exposures with a view to improving the branch’s profits, whilst at the same time ensuring compliance with the consolidated/ overall approved limits.
• Ensure timely and accurate compilation of information required for disclosure of all material matters concerning the branch.
• Assist the SVP Finance in developing mechanisms designed to ensure compliance with all relevant local laws and regulations and international laws and regulations.
• Assist the SVP Finance in performance monitoring and quality measurement purposes pertaining to the financial control related process.
• Observes and promotes cost consciousness and efficiency, and enhances productivity, minimizes costs, avoids waste, and optimizes benefits for the bank.
• Act within the limits of the powers delegated to the incumbent.

B. Customer (Internal/External):

• To assist customers with all their queries regarding Bank’s products and seek solutions to their requests.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/ units to achieve improvements in turn-around time.
• Build and maintain strong and effective relationships with all other related departments and units to achieve the Group’s goals/objectives.
• Provide timely and accurate information to the external and internal Auditors, Compliance, Financial Control and Risk Functions as and when required.

C. Internal (Processes, Products, Regulatory):

• Prepares monthly, quarterly, annual MIS and regulatory reports.
• Tracks expenses and revenues vs. budget and forecast/analyse fluctuations and variances.
• Prepares monthly Branch budget consolidation and assists in the Budget/ forecast process.
• Reviews monthly Payroll.
• Coordinates financials questions/answers with HO FCD departments.
• Prepares annual and quarterly financial statements and disclosures for internal stakeholders such as FCD; Compliance; Risk; Audit.
• Prepares annual financial information for external stakeholders such as Auditors; Outsourced Payroll; Regulatory bodies etc.
• Evaluates profit and cost efficiencies in the Branch/Office.
• Develops, maintains and distributes as-hoc reports and financial info as needed.
• Assist in managing the banking business from a financial perspective to gauge the quality and performance of the bank’s departments.
• Compiles, analyses, and interprets data as and when requested by the SVP Finance.
• Prepares financial reports for forecasting, trend and results analysis.
• Provide cover for the SVP Finance, in case of his/her absence.

Education and Professional Qualifications Requirements:

• University graduate in Accounting, Finance or Economics required, preferably with additional accreditations in Finance.
• Preferable to possess professional qualification such as CPA, ACA, ACCA or MBA.
• Accounting/GAAP knowledge.
• Sound experience in reporting, consolidation and financial analysis.
• 8 years of relevant experience; preferable in the banking industry.
• Excellent oral and written communication skills (including report writing) in English; with Arabic, French or applicable local language highly desirable.

Required Special Skills:

• Strong computer skills (preference for Advanced Excel skills and /or EQ3/4 Banking system expertise).
• Sound knowledge of relevant statistics, local relevant regulatory banking regulation and local tax systems.
• Excellent understanding of Risk Management aspects (Liquidity & Interest Rate Risk).
• Ability to manage external auditors and manage relationships with external tax authorities.
• Ability to coordinate with several units within the Head Office to resolve various issues.
• Ability to deliver under pressure - Strong initiative and ability to manage multiple projects.
• Ability to work well with others in fast paced, dynamic environment.
• Understanding of the relevant laws, regulations and best practices pertaining to financial topics in a Banking environment.
• Personal integrity and self-management.
• Familiar with the balanced scorecard approach.
• Knowledge of AML laws and regulations.