Finance Manager - Planning & Budgeting at KCB Bank Kenya

KEY RESPONSIBILITIES

• Collaborate with subsidiary finance functions to prepare and consolidate annual forecast, budgets, and related key performance indicators.
• Coordinate alignment of subsidiary financial plans and budgets to the approved Group strategic themes. 
• Review budget estimates for completeness, accuracy, and conformance with procedures and regulations 
• Analyse past financial data to identify trends, patterns, and co-relate to industry trends, and draw recommendations for performance improvement. 
• Create agile, integrated financial plans and build in scenarios to reflect likely macro-outcomes. 
• Prepare reports and presentations for senior management, tracking performance against budget, with commentary on on budget variances.
• Track remedial actions per entity towards meeting budgets gaps and run rates.
• Review and provide recommendations to senior management on cost reduction strategies, and revenue growth opportunities.
• Prepare regular reports on budget re-prioritization and resource allocation based on emerging trends to aid in achieving annual targets.
• Review Group expenditure trends to identify common themes and draw recommendations for improvement of operational efficiency.

MINIMUM POSITION QUALIFICATIONS

The preferred candidate will meet the following criteria:

• Possess a Bachelor's degree from a recognized university.
• Is a Certified Public Accountant (CPA)
• Professional qualification in financial analysis (e.g. CFA) or Master's degree in a business related field is an added advantage
• Have at least five (5) years' work experience in the finance field, including the following areas:
  • Financial analysis and business performance management
  • Use of business intelligence solutions such as EDWH, SQL, SAP BI, etc.
  • Finance project management
  • Stakeholder management