Senior Business Performance Manager (Budgeting, Forecasting and Analysis) at Equity Bank Kenya

Job Purpose

• Responsible for supporting the Group subsidiaries with strategic planning & budgeting, business projections development & support of the ICAAP process, managing strategic partnership relationships and reporting, cost optimization monitoring, business partnership for the commercial and operations department and subsidiary performance reporting. 

Job Responsibilities/ Accountabilities

•  Collaborate with subsidiary finance functions and department heads to prepare and consolidate annual forecast, budgets, and related key performance indicators, ensuring alignment to the approved Group strategic objectives.
• Assist group subsidiaries with quarterly performance forecasting and preparation of future rolling business plans
• Periodic budget variance analysis review and reporting
• Ensure capital budgets for the business units are reviewed and approved.
• Support the ICAAP and stress testing process at the group level for management oversight and internal control, ensuring engagement with all stakeholders and timely submission in line with regulatory requirements.
• Develop long-term business projections for EGH businesses as part of strategic planning and supporting Mergers & Acquisitions activities.
• Prepare subsidiary performance analysis covering all group entities, business segments reports, product performance, key performance indicators and performance against budget, and providing actionable insights to senior management for decision making.
• Review and compilation of accurate subsidiary Board papers and investor briefing presentations on quarterly basis
• Identify inefficiencies in business processes and recommend improvements.
• Train, coach, mentor and provide leadership to a team of analysts.
• Work with various departments to streamline operations and improve productivity.
• Carry out industry analysis/bank peer review on quarterly basis including market share analysis to advise management on the prevailing business environment and enhance decision making
• Review and preparation of cost efficiency reports and identification of areas of cost optimization
• Conduct cost benefit analysis review on capital and operational expenditure, support on business case development and assessment of return on investment.

 Qualifications

Required Skills and Qualifications

•  A degree in Finance, Commerce or other relevant business discipline Strong analytical skills
• At least 8-12 years relevant commercial and/ or management reporting experience, including exposure to senior executives and directors
• Knowledge of accounting best practices and regulations. CPA/ ACCA qualification is an added advantage
• Highly developed written and verbal communication and presentation skills
• Familiarity with financial modelling and post investment review tools and methodologies
• Excellent knowledge of Microsoft office suite – Ms-Excel and PowerPoint. Experience in the following areas: Financial Analysis & performance management, Business Partnering and Stakeholder management.
• Big 4 experience an added advantage
• Working knowledge of Oracle ERP, Oracle BI, Oracle ERP SQL, PowerBI and data analytics languages (Python, SQL, R etc.) will be an added advantage.