Finance Officer

JOB PURPOSE

The Finance Officer is responsible for overall performance management reporting of the Bank and reports directly to the CFO. He /She should ensure the right process and framework are in place to drive performance management towards attainment of set objectives/targets set by the Group and local Board. The position is also responsible for coordinating and overseeing the preparation of the Affiliate’s budget process.

KEY RESPONSIBILITIES

1. Preparation of monthly performance Reports (MPR) and mid-month performance reports by SBU and sub SBU by the 10th following month-end and 20th of current month (for mid-month performances)
2. Preparation of Branch and product performance Reports by the 10th working day following month-end. 
3. Serve as Business Partner for Commercial banking or any other business assigned and support the business heads to attain their budget and other KPIs.
4. Co-ordinate the Affiliate’s budget process and ensure accurate, timely and overall qualitative Budgets are submitted to the Group Office.
5. Ensure full compliance with the Tax laws and prepare timely and accurate submission of all tax liabilities due to the Tax Authorities.
6. Keep up to date intercompany reconciliations and coordinate with Treasury for the timely sourcing and payment of intercompany payables and follow up timely payment of amount due from other Affiliates
7. Conduct regular Industry peer analysis/benchmarking and highlight key areas for management’s focus.
8. Prepare monthly expense variance Report and highlight areas budget consumption are close or are being exceeded for redress.
9. Regular update and maintenance of MIS data in system for accurate performance management reporting
10. Budgetary control by putting measures in place that warrant cost control and adequate revenue generation.
11. Daily update of the FTP template and appropriately advise businesses with regards to their balance sheet trends.
12. Create and advise Business and Branch heads on their daily/weekly revenue trends.
13. Prepare Weekly Deposit & Loan reports to the cluster office
14. Maintain and update the Fixed Assets and Prepayments Registers adequately.
15. Prepare Monthly Branch and other performance Reports
16. Initiate and implement automation of current processes to drive productivity and efficiency
17. Support respective units in their financial requests

JOB PROFILE    Experience/Competencies  

• At least 2-5 years working experience in a finance role .
• Strong interpersonal skills, ability to communicate and manage well at all levels of the organization 
• Strong problem solving and ability to make decisions based on accurate and timely analysis 
• High level of integrity and dependability
• Experience in high level relationship building and maintenance 
• Make and implement crucial recommendations
• Good organizational and time management skills are highly desirable; 
• Strong networks within the corporate market

Education 

 

• Minimum qualification: ACCA, Bachelor’s Degree in Finance, or CAT.
• Candidates holding ACCA qualifications will be given priority consideration.
• Professional membership and active ACCA status are highly desirable.

Personal Attributes

• Team player and results driven. 
• Self-starter capable of working on your own initiative
• Strong interpersonal, influencing and communication skills.
• Planning & Problem solving

Ecobank is committed to providing equal opportunities to all and fostering an inclusive and diverse workplace. To this end, we encourage applications from individuals regardless of their nationality, race, gender, age, social class, religion, beliefs, and disability while fully adhering to the local laws and regulations established where Ecobank operates.