MIS Performance (Revenue/Cost) Assurance at Equity Bank Kenya

Description

In line with enhancing career progression of staff and to support business growth, we seek to recruit a qualified, experienced, self-driven, highly motivated and passionate candidate to fill the following position in International Banking and Payments.

The role holder will provide near real time Financial Performance of all Payment product lines, and assure business continuity (Compliance, audit, security gaps closure) Focus on Channel line profit optimization.

Main Duties and Responsibilities:

Revenue:

• Ensure approved pricing implementation by product line
• Proper accounts of every revenue by channel
• Revenue assurance
• Profit optimization through optimization initiatives

Cost:

• Monthly accrual of all costs by product line
• Cost lines by channel
• Cost accounts by channel
• Cost assurance: direct and indirect cost

Work in Progress Account:

• Minimize WIP balance for all channels
• Apportion cost to branches and countries
• Work with Finance for cost allocations

Business Continuity:

• Coordinate Security, Compliance, Audit reviews with Channel managers
• Ensure closure of all identified improvement gaps are closed by the Channel Managers
• Manage Business continuity plan and execution for Payment Group

Reporting:

• Timely reporting of Channel financial performance for the Group, Monthly
• Timely reporting of channel information to regulatory departments
• Execution of all Channel Monthly Performance Review Actions

Stakeholder Engagement

• Interface with Channel owners to validate and ensure all revenue and costs are covered
• Ensure all channel managers address all Security, Compliance, and Audit improvement gaps timely
• Coordinate collaboration of Channel managers with Security, Compliance and Audit departments
• Payment Drive: Keep records of all cost, regulatory,  audit, security and compliance output

Qualifications

KNOWLEDGE SKILLS AND EXPERIENCE:

• Finance/Account management for financial institutions
• Experience of relating to executive management levels, Finance and Operations department
• Good business acumen: Profitability management experience
• Financial reporting
• Ability to work and deliver under pressure in various and diverse cultural settings
• Good understanding of key risk affecting the business: IT Risk, Operational Risk, etc