Business Performance and Revenue Assurance Manager at Equity Bank Kenya

Job Responsibilities/Accountabilities

Financial Analysis and Reporting·

• Conduct detailed financial analysis to support strategic decision-making. · Prepare and present financial reports, including variance analysis, to senior management.
• Monitor and analyze key financial metrics to identify trends, risks, and opportunities.
• Develop scalable, innovative approaches to extracting, managing and analyzing data.

Performance Monitoring

• Develop and track key performance indicators (KPIs) to measure the financial performance of the bank's wealth and asset management products.
• Analyze financial data to identify trends, risks, and opportunities for improvement.
• Provide insights and recommendations to enhance financial performance and achieve business objectives.

Revenue Assurance Strategy and Monitoring·

• Develop and execute the bank’s revenue assurance strategy, aligning it with organizational goals.
• Establish and implement robust controls to monitor, validate, and optimize all revenue streams.
• Create frameworks to prevent revenue leakage across subsidiaries and partner ecosystems.
• Conduct regular analysis of revenue streams to identify discrepancies, trends, and potential areas of revenue leakage.
• Develop and implement revenue assurance routines and frameworks to review and attest revenue lines.

Market and Customer Research·

• Assist in research to support strategic and business planning within the various business units.
• Assist in interpretation, evaluation, and interrelation of research data and in developing integrated business analyses and projections for incorporation into strategic decision-making.

Process, Risk Management and Compliance

• Develop comprehensive compliance frameworks
• Implement advanced risk mitigation strategies
• Monitor regulatory landscapes across multiple jurisdictions
• Create adaptive risk management protocols
• Ensure technological and operational security
• Manage complex regulatory requirements

Budgeting and Forecasting

• Assist in the development and implementation of budgeting and forecasting processes.
• Monitor budget performance and provide regular updates to management on budget variances and corrective actions.
• Implement budgetary controls to ensure adherence to approved budgets.

Technology Utilization

• Leverage advanced financial planning and analysis (FP&A) tools and technology to improve the efficiency and accuracy of financial processes and enhance revenue assurance processes.
• Utilize systems such as SQL, Oracle, and PowerBI for data extraction, analysis, and reporting.
• Explore and integrate new technologies to improve revenue assurance capabilities

Stakeholder Engagement

• Build and maintain strong relationships with key stakeholders, including finance, operations, and IT departments.
• Communicate effectively with stakeholders to ensure alignment on revenue assurance objectives and initiatives.
• Provide training and support to staff on revenue assurance practices and procedures.

Qualifications

Required Qualifications/Experience

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• Minimum of 5 years of experience in finance, with a focus on business performance analysis, revenue assurance, or related roles, preferably in investment banking or wealth management sector.
• Professional qualifications such as CPA, ACCA, CIMA, CFA, CISI)
• Strong knowledge of financial planning, budgeting, forecasting, and performance analysis principles.
• Proven experience in financial modelling, forecasting, and analysis.
• Proficiency in using financial planning and analysis software and tools.