Job Purpose(s)

• Overall responsibility for Strategy, Financial reporting and Performance management needs of the Bank.


• Effective management of regulatory reporting function including tax, and ensuring compliance with all relevant regulatory requirement

Responsibilities

• Supervises the smooth running of Finance department in relation to the following: accounting system, GL review & Integrity, Financial statement preparation, Financial Analysis, Ratings & market intelligence, and Fixed Asset management.


• Prepares accurate interim/quarterly and annual Bank financial statements that comply with local GAAP (and IFRS requirements for Group reporting purpose).


• Coordinates the preparation of the annual budgets of subsidiary entity,


• Coordinates Management Accounts preparation, and efficient Business Segment performance.


• Optimizes Bank’s performance on key indices


• Provides technical and strategic financial support to the CEO, the business units, and other functional units of the bank


• Files regularly all regulatory authorities/agencies return and ensure compliance.


• Ensures effective tax management including tax audit.


• Manages statutory and periodic audit of the subsidiary by regulatory authorities/external auditors


• Ensures all subsidiary’s finance team is adequately resourced, and coordinate training activities of Finance staff

Key Performance Indicators (KPIs)

• Achievement of Bank’s Deposit budget


• Effective tax rate (ETR) & Minimization of Back duty


• Accurate periodic Financial Reporting in line with IFRS


• Achievement of Bank’s PBT budget


• Agency Credit Rating & Provision of Strategic business support for improved performance


• Prompt rendition of returns

Job Requirements:

Education Requirements:

• Minimum of good first degree in a relevant discipline, (MBA, MSC, MA, ML and/or Professional Qualifications compulsory

Experience:

• A minimum of 11 years banking experience; 13 years non-banking but related experience.

Competence:

Knowledge:

• Knowledge of banking operations


• Industry knowledge.


• Comprehensive knowledge of regulatory pronouncements and financial laws.


• Credit products and dynamics

Key Skills:

• Strategy formulation & Business Awareness


• Resource Management


• Analytical Thinking


• Fraud Detection & Control


• Comprehensive Treasury skills


• Policy and Regulatory Interpretation skill and Implementation capability