Job Ref #: NR-DBN-1
Industry: Banking/Finance And Investment
Job Type: Permanent
Positions Available: 1

Job Description

Financial Planning and Analysis

• Developing Financial Models: Constructing detailed financial models to predict future financial performance under various scenarios.
• Forecasting: Utilizing historical data, market trends and seasonality to project future revenues, expenses, and profitability.
• Strategic Analysis: Providing insights on potential business ventures and strategic decisions through detailed financial analysis.
• Product Analysis: Provide financial models that can be used to build profitable

   

  Budget and Forecast Management

• Budget Creation: Collaborating with department heads to create realistic and achievable budgets that align with the company’s strategic goals.
• Variance Analysis: Comparing actual financial performance against the budget and investigating significant variances to understand their causes.
• Resource Allocation: Ensuring that financial resources are allocated efficiently to support key business initiatives and operational needs.

   

  Reporting and Compliance

• Financial Statements Preparation: Overseeing the preparation of balance sheets, income statements, and cash flow statements in accordance with accounting standards.

• Regulatory Compliance: Ensuring all financial reporting complies with relevant laws and regulations, such as GAAP or IFRS.
• Internal Reporting: Providing timely and accurate financial reports to internal stakeholders to aid in decision-making.

   

  Performance Monitoring

• KPI Tracking: Identifying and monitoring key performance indicators to measure financial health and operational performance.
• Benchmarking: Comparing the company’s financial performance against industry standards and competitors.
• Performance Reviews: Conducting regular reviews with management to discuss financial performance and implement necessary adjustments.

   

  Risk Management

• Risk Identification: Recognizing financial risks related to market fluctuations, credit, liquidity, and operational inefficiencies.
• Risk Mitigation Strategies: Developing and implementing strategies to manage and mitigate identified risks.

   

  Stakeholder Management and Decision Support

• Providing decision support to senior finance leadership
• Maintaining relationships with stakeholders
• Providing real-time support, financial guidance, and insights into business performance
• Supporting development of business cases and proposing financial solutions to challenges
• Works closely with business units to understand their needs and challenges.
• Develops business cases for new initiatives and assesses commercial feasibility.

   

  Cost Control and Efficiency

• Cost Analysis: Conducting thorough analyses of cost structures to identify areas for cost reduction.
• Process Improvement: Recommending and implementing process improvements to enhance operational efficiency and reduce costs.
• Supplier Negotiations: Negotiating with suppliers and vendors to obtain the best terms and pricing to control procurement costs.

   

  Investment Analysis

• Capital Expenditure (Capex) Evaluation: Assessing the financial viability of potential capital expenditures and projects.
• Return on Investment (ROI) Analysis: Calculating and analyzing the expected return on investment for various projects and initiatives.

Job Requirements

• Degree in Finance, Accounting, Economics, Business Administration
• Chartered Accountant registration with appropriate recognised professional body.
• At least 6 years of professional experience or equivalent with 3-4 years of relevant experience in a well-disciplined organisation where best practices are integral to the management of the business.
• Experience leading a financial planning and analysis (or similar) team with a thorough understanding of financial accounting and management reporting.
• Solid experience leading and managing in a matrix environment.
• Experience in financial, accounting and project management systems, policies and procedures
• Experience in SQL, database analytics, and ERPs.
• Exposure to Telco or Banking environments preferred.

 

Knowledge, skills and attributes:

• Strong commercial orientation and business acumen.
• Excellent analytical, financial modelling, and problem-solving skills.
• Ability to develop business cases and present financial information to senior stakeholders.
• Solid influence management and stakeholder engagement skills.
• Familiarity with SQL and database management for enhanced data analytics.
• General business analysis and strategic thinking.
• Previous experience in Telecommunications or Banking sectors will be advantageous.
• Excellent knowledge of GAAP, IFRS, and related financial compliance requirements.
• High energy, enthusiasm, and a proactive approach to continuous improvement.
• Ability to work in a dual reporting matrix environment