Revenue Assurance – Assistant Manager at Equity Bank Kenya

Description

Purpose:

Assist the revenue assurance manager in implementing a fully functional revenue assurance function in the bank under finance department

Scope:

Revenue Assurance, General Accounting, data extraction, mining and analysis

Qualifications

Key Accountabilities:

1. Conduct monthly interest income analysis
2. Conduct monthly interest expense analysis
3. Review all fees and commission reports prepared by the revenue assurance team
4. Compile all the revenue leakage reports and communicate the same to relevant departments and branches.
5. Follow up on closure of all the issues raised
6. Fast track on total revenue leakage and recoveries done give an update on a monthly basis
7. Prepare a weekly MD’S briefing
8. Prepare a monthly CORC report
9. Liaise with operations on need basis on process changes to help in curbing revenue leakages.
10. Drive cost reduction, especially direct or product related costs in order to drive product, channel and segment profitability

Required competence

• A degree in Finance, Economics, Commerce or related field
• A master’s degree in economics, finance or business administration will be an added advantage
• Excellent knowledge of Microsoft office suite and other visualization tools such as PowerBI
• Knowledge in the below systems would be an added advantage:
  • Structured Query Language (SQL)
  • Oracle systems and database
  • Oracle analysis
  • Power BI

• Good Knowledge of general accounting principle and practices
• Highly developed written and verbal communication and presentation skills