Standard Bank Mbabane, Hhohho, Swaziland
Mar 19, 2020Full Time
Job Details Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors. Job Purpose To provide CIB reporting and MI support to the Manager, Management Accounting and Budgeting The role will include the establishment and reporting of Key Performance Indicators (KPI's) for the Corporate and Investment Banking business unit and the monitoring of product, customer and BU profitability The prime customer of the incumbent is the Director: CIB to whom a full financial management service will be provided To add value in the CIB Management Committee (MANCO) together with the Manager or in her absence Key Responsibilities/Accountabilities Develop and implement reporting of key CIB management information (MI) ensuring data integrity and timely communication to relevant managers. Provide MI, reporting and query resolution support to CIB, including monthly product, customer and BU performance analysis. Identify areas of performance shortfall and propose corrective interventions to CIB management team. Investigate variances to budget, provide explanations and recommend corrective action. Drive the required business analysis and related process for making recommendations for new performance opportunities. Develop and track KPIs trends and develop benchmarking processes for CIB. Prepare detailed MI schedules against forecasts and KPI's on revenue and balance sheet targets for the Relationship managers and divisional heads Analyse deviations from KPIs and target margin. Document explanations. Prepare monthly analysis and commentary on portfolio performance, identifying areas for improvement and corrective action. Prepare and present the annual budget and revised estimates for CIB BU. Monitoring of revenue and expenditure against budget for the BU. Prepare monthly summary CIB performance reports and analysis for submission to head office. Preferred Qualification and Experience Qualifications B.Com (Accounting/Finance) or other Mathematical discipline Clear intention to undertake CA, ACCA, CIMA or similar professional training as a career path ACI dealing certificate an added advantage Articles with a reputable audit firm will be an added advantage Experience Minimum of 2 years post qualification experience. Computer literacy and knowledge of personal computers and software packages such as MS Word, MS Excel, MS PowerPoint, Working knowledge of Branchpower is an added advantage. Good communication and presentation skills Previous experience with Cognos an advantage Knowledge/Technical Skills/Expertise Knowledge An understanding of International Financial Reporting Standards. High level of business and financial acumen. Detailed oriented and with strong analytical skills Computer literacy and knowledge of personal computers and software packages such as MS Word, MS Excel, and MS PowerPoint Good communication and presentation skills.