Senior Manager

1 month ago


Nairobi, Nairobi Area, Kenya Equity Bank Kenya Full time
Equity Bank Limited (The "Bank") is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank's registered office is 9th Floor, Equity Centre, P.O. Box Nairobi.
Purpose

Reporting to the Group Business Performance Manager, the Business Performance - Senior Manager will be responsible for supporting the Group subsidiaries with Strategy planning and budgeting, managing strategic partnership relationships and reporting, review of cost optimization, board presentation preparation/ review, Business partnership for the commercial and operations departments and subsidiary performance analysis.

Responsibility

Develop business partnership structures to support the financial performance needs of commercial departments, operations, and other business support functions.

The role should additionally challenge budget holders and managers to ensure they effectively use resources to meet demand, performance targets and business plan priorities.

Lead in development of different performance reports, and partner with Business Intelligence to automate the same. The performance reports will cover customer, customer segment and sector performance, products, business channels and entity level performance reports.
Assist with development and tracking of performance scorecards for Group Job families e.g. Group Corporate banking.

Review and consolidation of group entity budgets including alignment of overall budget to individual business segments, sectors and departments.

Development of Business projections, with clear documentation of business drivers and assumptions as part of Business performance tracking and Mergers & Acquisitions activity.

Periodic budget variance analysis review and reporting.
Assist group subsidiaries with quarterly performance forecasting and preparation of future rolling business plans.
Review and preparation of cost efficiency reports and identification of areas of cost optimization.

Drive preparation and review of subsidiary performance analysis covering all group entities, business segments & sectors and key performance indicators.

Review and compilation of accurate subsidiary Board papers and investor briefing presentations on quarterly basis.

Carry out industry analysis/bank peer review on quarterly basis including market share analysis to advise management on the prevailing business environment and enhance decision making.

Support the risk department with business plans/ budgets to be used in the ICAAP process.
Drive financial covenant and other reporting requirements for our strategic partners.

Qualifications

A degree in Finance, commerce or other relevant business discipline.
Highly developed written and verbal communication and presentation skills.
At least 5-8 years relevant commercial and/ or management reporting experience, including exposure to senior executives and directors.
Knowledge of accounting best practices and regulations. CPA/ ACCA qualification or equivalent required.
Strong analytical skills.

Familiarity with business planning, budgeting and budget review processes, financial modelling and post investment review tools and methodologies, and enterprise performance analytics and reporting.

Working knowledge of Oracle ERP, Oracle BI, Oracle ERP SQL, PowerBI and data analytics languages (Python, SQL, R etc.) will be an added advantage.

Master's degree in a relevant field an added advantage.
Excellent knowledge of Microsoft office suite – Ms-Excel and PowerPoint
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