Summary
Date Posted: Friday, April 14 2023, Base Salary: Not Disclosed

JOB DETAILS:
I&M Bank Uganda is a commercial bank headquartered at Kampala Road plot 6/6A with a growing regional presence. The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers. We are seeking to recruit a competent and highly motivated individual with extensive experience and abilities to support business growth in the following position:

JOB TITLE: Finance Business Partner (Commercial Banking & Treasury)
LOCATION: Head Office
REPORTS TO: Head, Strategy and Management Accounting

Job Purpose
To drive business performance and analytics for the Commercial Banking segment and the Treasury function. The role develops and supports the delivery of financial targets and acts as points of contact for the stakeholders in those functions. The role holder facilitates business growth through performing analytics and providing insights that support business decision making, prepares financial performance reports for the business, identifies, and articulates key business performance drivers on an on-going basis, triggering the business on any deviations for timely resolutions.

Key Responsibilities
• Manages the business performance reporting of the Commercial and Treasury functions to support delivery of financial targets.
• Carries out regular communications with the assigned business functions on issues relating to business performance and financial targets, provide commentary & improvement initiatives.
• Provides the assigned functions with information required to enhance their business strategy
• Compiles weekly and monthly performance trackers, balance sheet analysis, Limits utilization, interest rate/margin analysis and Asset and Liability pipeline monitoring for the business.
• Compiles and circulates segmental performance reports to the business.
• Drives the budgeting and target setting process for the assigned functions providing analytical support on the underlying assumptions of growth
• Preparation of ALCO, BPR and Business meeting inputs that relate to the assigned business function
• Carry out Revenue Assurance for the assigned functions on a monthly to ensure income leakage is managed.
• Tracks assigned function balance sheet providing daily, weekly balance sheet movements and variance analysis.
• Manages the assigned function financial operational processes and acts as a point of contact for that business on issues concerning undercharged interest and tracking refunds on overcharges, investigate interest and fee reversals
• Analyzes and provides monthly detailed analysis of actual achievements against targets for relationship managers, dealers, and segment levels.
• Provides historical individual and segmental performance facts necessary for objective performance goal setting that drives business performance.
• Provides objective and analytical commentary to performance of business functions, relationship managers and dealers, highlighting areas of risk and opportunities for the business.
• Holds business performance meetings to agree on an action plan for closing gaps and tracks the status of action plans through to implementation.
• Develops and tracks business scorecards and recommends remedial actions regularly.
• Ensures alignment of segment and sub-segment performance and initiatives with the overall country objectives.
• Collects and analyzes market data and competitive trends likely to affect the business budget, making recommendations to enhance product profitability.
• Supports in preparation of business cases and post project assessment for projects in the respective segment.
• Ensures adherence and support compliance to IAS along with the finance accounting manual and other regulatory accounting guidelines to ensure strong corporate governance.
• Ensures new and existing product programmes have clear accounting entries and Return metrics.
• Reviews the FTP Policy oversees its implementation.
• Updates the RoRWA models that are used in pricing decisions.
• Controls: implements appropriate controls within the unit such that both internal policies and regulatory requirements are adequately followed.
• Risk identification and assessment identifies risk from Key Control Self Assessments (KCSA) exceptions, Key risk indicators, audit points, operational losses and near misses, then assessing the risk and ensuring appropriate mitigation action is implemented and monitoring progress.
• Effectively manages operational risk within the business finance unit including ensuring proper functioning of the embedded and periodic controls.
• Identifies and escalates risk issues within business finance in a timely manner.
• Conducts periodic self-assessment and assesses other individuals.

Requirement
Minimum Education Qualification:
A Bachelor’s degree in Accounting, Finance or Business-related course.
A professional qualification (ACCA, CAMS, CCEP, CFA, ACIB, CPA, etc.) is an added advantage

Work Experience:
Minimum 4 years demonstrated experience in Business Partnering.

Required Competencies (Knowledge, Skills & Abilities):
• In depth understanding of short, medium, and long-term strategies, goals, and objectives
• Budgeting and forecasting (planning and control) and Analysis
• Highly conversant with management reporting practices, business planning and support
• Knowledge of business partnering concepts and managing for value reporting
• Comprehensive understanding of Commercial Banking and Treasury products and services
• Detailed understanding of customer segmentation and service principles
• Good knowledge of Commercial, Treasury and Financial markets competitor environment
• An appreciation of the PESTEL factors and their impact to the business
• Is abreast with trends in Finance and banking and emerging legislation and trends in Banking
• A basic understanding of regulatory and financial reporting standards (IFRS)
• High level experience in working with computerized accounting and banking systems.
• Ability to think creatively and develop innovative solutions
• Broad Knowledge of banking practices and management techniques
• Good interpersonal, communication and presentation skills
• Teamwork, analytical forecasting and risk assessment skills
• Ability to interact with senior management of the Bank

Note: Deadline for this job posting is 14th April 2023 at 5:00pm and Only shortlisted candidates will be contacted

Work Hours: 8

Experience in Months: 48

Level of Education: Bachelor Degree

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