Finance Business Partner

Job Description:

  • Seeking a finance professional to anchor business planning and budgeting for business banking. Reporting to the Chief Business Officer, the candidate will coordinate with different departments to form year end plan, monitor actual performance, explain variances and track KPIs. He will also be responsible to automate different reports and incentives. Planning and Budgeting • Plan month on month disbursement and recovery targets • Calculate income on outstanding portfolio based on product mix • Calculate the impact of income suspended based on Risk Department’s projections of at risk portfolio • Project month on month and year end income based on the above targets • Work out branch wise targets and communicate these targets to the branches. • Project incentive payable on the set product wise KPIs • Plan month on month deposit target product wise • Project cost of deposit based on agreed targets Monitoring and Variance Analysis • Compare actual branch performance against budgeted branch performance • Consolidate branch performance to overall Bank performance • Investigate positive and negative variances by seeking explanation from the branches • Prepare a summary of actionable points based on the identified variances • Track KPIs set by the Board of Directors and keep senior management up to date. • Prepare performance summaries for branches based on P&L numbers communicated by the finance department • Calculate incentive payable on branch KPIs • Monitor cost of deposit against budget.

  • • Hold a Bachelor’s or Master’s degree from a reputable Institution, however CA, MBA, MPhil in Finance will be preferable. • Have a minimum 3-5 years’ experience of working in banking industry.

  • • Proficient in MS Office • Strong analytical skills • Excellent presentation skills • Time management • Ability to work under pressure

  • Thorough understanding of Planning, Budgeting, Monitoring and Variance Analysis for bank Statements in this document are intended to reflect, in general, the role and responsibilities of the position, but are not to be interpreted as totally inclusive.

Job Specifications:

  • ACCA, CA, MBA, MPhil in Finance

  • Finance

  • Advance Level

  • Expert in planning and budgeting for business.

Job Locations:

  • Head Office
Short Description
  • Job Type:

    Permanent
  • Job Experience:

    3.00 years
  • Positions:

    1
  • Posted On:

    Jan 12, 2022
  • Last Date:

    Feb 24, 2022