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- Assistant Manager – Financial Planning, Analysis and Reporting
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- Senior Manager – Strategy, Planning, Budgeting, Analysis and Reporting
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Method of Application
Vacancies at Family Bank Ltd
Assistant Manager – Financial Planning, Analysis and Reporting
- Job Type Full Time
- Qualification BA/BSc/HND , MBA/MSc/MA
- Experience 5 years
- Location Nairobi
- Job Field Finance / Accounting / Audit 
Duties and Responsibilities
Strategy and business support
- Coordinate development of Strategic plan
- Develop annual business operating plan
- Monitor strategy execution
Planning and Analysis
- Drive the annual budgeting, Financial and business planning process and provide guidance to Decision
- Support partners.
- Prepare medium- and long-term Business Plans as well as monthly forecasts, Income Statement,
- Balance Sheet and Cash Flow forecasts}
- Prepare investment business cases
- Coordinate Investors’ engagements and reporting
Reporting
- Oversee the reporting of monthly financial results of the Bank including monthly consolidation
- Reviews and reports on the financial performance of the various business segments and make appropriate recommendations
- Review performance with Heads/Line Managers and identify drivers and improve performance within their divisions.
- Work with Business partners to ensure that agreed initiatives are implemented
- Prepare monthly updates to the Board and Shareholders on both financial and non-financial metrics.
- Reviews the organization’s financial performance and prepares the company’s financial reports in line with statutory reporting process
- Cost monitoring against the budget
Decision support
- Capital management (debt and Equity)
- Design and implement cost centers and cost allocation at Branch, Business segments.
- Design and implement an executive key driver dashboard to track KPI’s
Risk Management
- Oversee compliance and implementation for group businesses, and lead the first line of defense team, policies and remediation of operational risks within finance
- Ensure full closure of external and internal audit issues.
Education and Experience
Academic Qualification(s):
- Minimum of bachelor’s degree in finance, Statistics, Economics or other related fields
- MBA or Master’s Degree in a related discipline is desirable
Professional Qualification(s):
- Should possess an advanced professional certification such as CPA, ACCA, CIMA, CFA
Experience (Number of relevant years):
- Minimum of 5 years of relevant experience. Experience with ERP systems would be highly desirable.
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Method of Application
Duties and Responsibilities.
Strategy
- Coordinate development of Strategic plan
- Develop annual business operating plan
- Prepare/ oversee preparation of budgets
- Monitor strategy execution and ensure engagement of business teams and investors on regular basis.
- Support different division leaders on strategy execution
Capital management
- Identifying and engaging potential investors, shareholders and debt providers
- Ensure bank capital needs are always met
- Ensure optimal capital structure
Reporting
- Oversee the reporting of monthly financial results of the group
- Prepare/Reviews and reports on the financial performance of the various business segments and make appropriate recommendations.
- Review performance with Heads/Line Managers and identify drivers and improve performance within their divisions.
- Work with Business finance partners to support business
- Prepare monthly updates to the Board and Shareholders
- Coordinate the preparation of the board committee’s reports
- Reviews the organization’s financial performance and prepares the company’s financial reports in line with the statutory reporting process.
- Cost monitoring against the budget.
Leadership
- Lead Strategy, planning and budgeting teams and ensure optimization of their potential
Decision support
- Capital management (debt and Equity)
- Design and implement cost centers and roll out cost allocation
- Design and implement an executive key performance driver dashboard.
Risk Management
- Oversee compliance and implementation for group businesses policies and procedures
- Ensure full closure of external and internal audit issues.
Education and Experience
Academic Qualification(s):
- Minimum of bachelor’s degree in finance, Economics, Business, Statistics or other related fields
- MBA or master’s degree
- CPA (K)
Experience (Number of relevant years):
- Minimum of 10 years of relevant experience, at least 4 years in leading a team.
- Experience with ERP systems would be highly desirable.
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