Strategy and Planning Analyst- Faulu Bank at Old Mutual Kenya

Job purpose statement

The Analyst reports to the Strategy and planning Manager and is responsible for carrying out financial analysis deep-dive, providing management Information and Insights for strategic decision making. The analyst is responsible for conducting research, developing forecasts, and analyzing data to inform strategic decisions and help the organization achieve its goals.

Key measurable goals

• Improve the Business Intelligence tools in line with business KPIs.
• Develop Decision Support Systems and dash boards
• Initiate /Participate/implement /Monitor - Business growth strategies
• Regular management reports -Accurate, Consistent and Informative
• Portfolio and business performance analysis.
• Support projects in the Finance Department

Key responsibilities

• Revenue From Operations (RFO) and Mission Tracking, follow-up, and reporting:
• Strategic initiatives and Turnaround plan updates: Preparation of management reports including but not limited to OPS-COM, Banking Cluster, Trading update, Quarterly Business Review and Board Paper.
• Financial Modelling and Projections: To support decision-making and evaluate the potential impact of various strategic scenarios.
• Annual Business Planning: Assist in Preparing and Cascading the business plan across departments and branches.
• Perform monthly balance sheet, income statement and changes in financial position/budget variance and scenarios analysis.
• Monitor and analyses business performance based on financial metrics and KPIs to close possible performance gaps
• Finance Projects: Assist in the management of Finance projects and related Admin matters, monitor implementation of Regulators, Risk and Audit recommendations, maintain a well updated tracker for all finance activities
• Collaborate with other departments to ensure alignment and execution of strategic initiatives.
• Conduct market research and analysis to assess competitive landscapes, industry trends, growth opportunities, and market trends impacting the company.
• Any other duties as may be assigned by the Supervisor.

Relationships

• Leadership team
• All Departments.
• Branch Network

AML and Compliance

• Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
•  Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within my area of responsibility

Specification

Education

• Bachelor's degree in finance, Economics, Accounting, Mathematics or other quantitative fields

Desirable

• Master’s degree in business or finance or Banking Qualifications.

Knowledge and Skills

• System design and Development Skills
• Report writing and analytical skills
• Strong analytical skills and ability to translate data into actionable insights.
• Strong experience with financial statements and financial modelling
• R and Python Programming Language skills
• Proficiency in Microsoft Excel and PowerPoint
• Prior experience in SQL and/or Excel VBA
• Knowledge of financial modelling
• International Accounting Standards
• Business Management Knowledge
• T24 super user
• D365 Knowledge
• Power Bi knowledge

Experience

• At least 3 years working experience in a financial institution or a business consulting with exposure to strategic planning, and financial analysis.
• Experience in accounting systems, budget and financial planning.

Personal Attributes

• Project Management skills
• Demonstrate leadership abilities
• Analytical with incisive attention to detail
• Ability to work collaboratively and build relationships across multiple functions and levels within the organization.
• Confidence, Integrity, and diligence
• Good negotiation skills