Senior Officer Revenue Assurance and Business Performance 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, Business Performance, General Accounting, data extraction, mining and analysis

Qualifications

Revenue Assurance Duties:

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

Business Performance Duties:

1. Preparing of budgets including alignment of overall budget to individual business sectors
2. Leading all aspects of business performance including crafting and implementing the annual balances score card and objectives
3. Prepare  cost efficiency reports and identification of areas of cost optimization
4. Provide support and assistance to the organization in the ongoing reporting and development of network reporting, executive and board dashboard key performance indicator and operational reporting requirements.
5. Provide support to the Executives in achieving the organizational Strategic Plan including reviewing performance against the strategic objectives and tracking of the organization’s work plan by division
6. Other duties consistent with the role where required and/or requested by Executives from time to time.

Required Competence and Experience:

• 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
• Commercial awareness of the bank and the industry

Experience

• Minimum 4 years in a similar capacity