Summary
Date Posted: Tuesday, February 13 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Description
DEVELOP AND MONITOR COUNTRY STRATEGY.
• Develop annual budgets and strategic business plans for the country.
• Draw up an appropriate balance sheet structure in the budgeting process, to drive optimal RoRWA and conform with business growth / funding requirements / capital structure.
• Monitor the budget performance through EXCO, ALCO and other performance sessions.
• Ringfence and clearly highlight risks to budget performance, offer analysis, insights based on performance and market conditions.
• Drive the forecast process and offer decision support analysis to offset budget risks.
• Attending and participating in all Absa Uganda Board meetings, country management meetings, Group senior leadership meetings (on invitation) to provide financial and strategic guidance
• Leading stakeholders’ engagements on the bank’s strategy, with the Board, the Central Bank, Investors, Media, Staff, and various executive committee members at the Group
• Acting as subject matter expertise on strategy for the bank-wide business and functional units as required.

PREPARE AND VALIDATE SEGMENT PERFORMANCE.
• Timely preparation, authentication, and circulation of segment performance for weekly and monthly performance sessions.
• Timely analysis of the performance against budgets, of business segments, products, branches, relationship management and distribution channels, to drive profitability.
• Providing insightful commentary on reporting packs and specialized schedules, including business variance analysis, key risk indicators, linking current performance with future projections, risks, and opportunities.
• Actively engage with business heads, understanding their business priorities.
• Close monitoring of Funding Centre Management, for correct ALM forecasting and FTP reporting.
• Support the bank’s cost management initiative through review of business activities to establish “value for money” and budget alignment.

OTHER RESPONSIBILITIES
• Business engagement at all levels maintaining catalog of actions agreed and following up on corrective actions
• Collect and analyse market data and competitive trends likely to affect the Business budget, making recommendations to enhance profitability.
• Manage the bank’s revenue assurance system by effectively investigating all revenue streams to avoid revenue leakages.
• Facilitate staff productivity through knowledge sharing on Management Information Systems and Management Reporting
• Undertake ad hoc projects as may be required from time to time.
• To undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls in provision of management performance reports.
• Plays a leadership role in supporting the development of long-term strategic plans through the identification of strategic issues and opportunities that could influence business growth and profitability.
• Facilitates the Country Management Committee strategy formulation sessions.
• Co-ordinates formulation of a clear strategy that ensures growth in Revenue and Market share for approval by the Board.
• Develops a strategy communication plan for internal and external stakeholders and facilitates the cascading of the strategy to the rest of the Bank.
• Accountable for fact-based research to inform business cases in support of new strategic initiatives including but not limited to: external market opportunity; regulatory landscape; competitor landscape; infrastructure maturity; our capabilities to compete; and outline of constraints, opportunities and potential linkages to facilitate growth strategies.
• Leads business and function units in building bottom-up strategies to ensure convergence to the overall bank strategy.
• Works closely with the Chief Financial Officer in developing the financial strategy to ensure the corporate strategy is grounded into an optimised financial plan
• Tracking the execution of the bank strategy with key milestones use as a refresh point for the strategy
• Provide project analysis and projects

BUSINESS CONDUCT
1. Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Ecobank. This includes understanding and ensuring compliance within the letter and spirit, all applicable laws, regulations, guidelines, and the Ecobank Code of Conduct.
2. Be a leading example in upholding the values: [RESPECT, ACCOUNTABILITY, CUSTOMER CENTRICITY, EXCELLENCE, INTEGRITY, TEAMWORK]
3. Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
4. Taking leave of up to 26 days anually.
J
OB PROFILE
Skills, Capabilities & Personal attributes
1. Analytical skills
2. Good knowledge in microsoft office tools, and office automation tools within spreadsheets
3. Ability to work under pressure, plan appropriately and meet tight deadlines.
4. Report writing skills.
5. Communication skills with internal and external stakeholders
6. Resource Management skills

Experience and Qualifications
1. Bachelor of Commerce (B Comm) majoring in Accounting or equivalent.
2. Certified Public Accountant - CPA or ACCA
3. Computer literacy in Microsoft Office products
4. Minimum 3 Years Experience in Finance and Financial Reporting of Ecobank Group or any major player in the banking industry
5. Knowledge of BOU Regulations & Ecobank Finance Policies and procedures
6. Knowledge in most of the bank products



Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified? Click here to apply


All Jobs

QUICK ALERT SUBSCRIPTION