Vacancies at United Bank for Africa (UBA) Kenya

ROLES & RESPONSIBILITIES:

Strategic Management

• Assist to Drive strategy/ business planning Group-wide
• Drive the development of business targets for the achievement of the bank’s corporate financial and non-financial goals and objectives
• Continuously review the Group’s operating model for effectiveness and drive high-level organizational alignment Group-wide to eliminate duplications and redundancies
• Define and implement high impact transformational initiatives that deliver tangible and quantifiable business results Group wide
• Derive and implement business insights from regular rigorous economic & environmental assessment including for the purpose of strategic planning and management decision making
• Manage Success Transfer Group-wide (i.e. ensure high impact business and operational initiatives in one subsidiary or business area within the Group, are harvested on a real-time basis, leveraging on technology, and implemented in all other relevant business areas/all subsidiaries Groupwide)
• Provide Strategic Issue Resolution with high impact and quantifiable business results
• Provide executive decision-making support to Executive Management

Performance Management

• Design and manage the Group-wide business performance management system
• Create real-time visibility for business performance for all business and functional areas and subsidiaries in relations to revenue generation, cost management and overall profitability
• Provide regular business performance analysis and competitor performance benchmarking to support decision making for business leaders
• Ensure branch and sales staff productivity through branch performance drive and support to Business Leader
• Institutionalize cost discipline and framework for cost management specific to individual business and functional areas across the Group
• Provide Business Leaders with relevant and accurate internal business reporting to support business drive

Business Intelligence

• Provide economic, market & business intelligence for strategic, tactical and operational decisions
• Gather, analyze and maintain economic data and statistics to provide business insights with the objective of driving business growth, efficiencies and overall profitability Groupwide
• Conduct in-depth market and sectoral analysis and provide regular market intelligence with the objective of identifying business opportunities and inherent risks for guide business leaders
• Conduct in-depth analysis of competitor business activities and performance to provide up-to-date business transformation and improvement insights and benchmark indicators for UBA
• Conduct regular rigorous analysis of internal business activities and performance for comparative and benchmarking purposes.

Financial Planning

• Drive the preparation of the short-term, mid-term and long-term forecasts and financial plans to deliver an optimized and efficient balance sheet and achievement of the Bank’s P&L targets
• Develop and implement appropriate strategic responses to global economic policies and events and their impacts to ensure achievement of the Bank’s Financial Plans

Balance Sheet Management

• Ensure the Group and subsidiaries’ balance sheet structures are optimized and efficient
• Develop the systems to ensure visibility and management of balance sheet activities across business units and subsidiaries group wide to achieve Group’s balance sheet objectives
• Develop timely and quality ALCO reports across the Group and fully implement ALCO decisions on the Group and subsidiaries’ balance sheet structures
• Identify/measure group balance sheet gaps/risk and formulate strategies to manage identified gaps and risks
• Monitor and ensure compliance with Internal Balance Sheet Ratios and Regulatory requirements across the Group.

EXPERIENCE:

• Prior experience in Banking
• CPA Finalist
• Minimum 2 years work experience in either accounting, audit or data analysis
• Holder of an equivalent bachelor's degree in a finance related discipline, economics and/or any other business-related field
• Knowledge of business performance review and preparation of business performance reports.
• Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
• Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
• Proactive critical thinker with effective planning, scheduling and time management skills
• Highly disciplined, mature and well organized, with a systematic, structured work approach
• Highly effective interpersonal, problem solving & coordination skills
• Highly effective written & verbal reporting (communication) skills

KEY KPI’s

• Achievement of the Bank’s PBT Target
• Achievement of the Bank’s Market Share growth targets in all countries of operation
• Attainment of UBA’s target market value compared to peer banks
• PBT Budget Achievement for the business units
• Achievement of the Cost to income ratio target for coverage businesses
• Achievement of projected Balance Sheet Structure and financial ratios for Group and subsidiaries
• Percentage of profitable branches/business units to total branches/ business unit
• Timeliness and quality of MIS and market intelligence reports as reported by supported business leaders
• Ensure regularity in the conduct of periodic MPRs and QBRs Group wide

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ROLES & RESPONSIBILITIES:

Strategic Management 

• Assist to Drive strategy/ business planning Group-wide
• Drive the development of business targets for the achievement of the bank’s corporate financial and non-financial goals and objectives
• Continuously review the Group’s operating model for effectiveness and drive high-level organizational alignment Group-wide to eliminate duplications and redundancies
• Define and implement high impact transformational initiatives that deliver tangible and quantifiable business results Group wide
• Derive and implement business insights from regular rigorous economic & environmental assessment including for the purpose of strategic planning and management decision making
• Manage Success Transfer Group-wide (i.e. ensure high impact business and operational initiatives in one subsidiary or business area within the Group, are harvested on a real-time basis, leveraging on technology, and implemented in all other relevant business areas/all subsidiaries Groupwide)
• Provide Strategic Issue Resolution with high impact and quantifiable business results
• Provide executive decision-making support to Executive Management

Performance Management 

• Design and manage the Group-wide business performance management system
• Create real-time visibility for business performance for all business and functional areas and subsidiaries in relations to revenue generation, cost management and overall profitability
• Provide regular business performance analysis and competitor performance benchmarking to support decision making for business leaders
• Ensure branch and sales staff productivity through branch performance drive and support to Business Leader
• Institutionalize cost discipline and framework for cost management specific to individual business and functional areas across the Group
• Provide Business Leaders with relevant and accurate internal business reporting to support business drive

Business Intelligence 

• Provide economic, market & business intelligence for strategic, tactical and operational decisions
• Gather, analyze and maintain economic data and statistics to provide business insights with the objective of driving business growth, efficiencies and overall profitability Groupwide
• Conduct in-depth market and sectoral analysis and provide regular market intelligence with the objective of identifying business opportunities and inherent risks for guide business leaders
• Conduct in-depth analysis of competitor business activities and performance to provide up-to-date business transformation and improvement insights and benchmark indicators for UBA
• Conduct regular rigorous analysis of internal business activities and performance for comparative and benchmarking purposes.

Financial Planning

• Drive the preparation of the short-term, mid-term and long-term forecasts and financial plans to deliver an optimized and efficient balance sheet and achievement of the Bank’s P&L targets
• Develop and implement appropriate strategic responses to global economic policies and events and their impacts to ensure achievement of the Bank’s Financial Plans

Balance Sheet Management

• Ensure the Group and subsidiaries’ balance sheet structures are optimized and efficient
• Develop the systems to ensure visibility and management of balance sheet activities across business units and subsidiaries group wide to achieve Group’s balance sheet objectives
• Develop timely and quality ALCO reports across the Group and fully implement ALCO decisions on the Group and subsidiaries’ balance sheet structures
• Identify/measure group balance sheet gaps/risk and formulate strategies to manage identified gaps and risks
• Monitor and ensure compliance with Internal Balance Sheet Ratios and Regulatory requirements across the Group.

EXPERIENCE:

• Prior experience in Banking
• CPA Finalist
• Minimum 2 years work experience in either accounting, audit or data analysis
• Holder of an equivalent bachelor's degree in a finance related discipline, economics and/or any other business-related field
• Knowledge of business performance review and preparation of business performance reports.
• Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
• Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
• Proactive critical thinker with effective planning, scheduling and time management skills
• Highly disciplined, mature and well organized, with a systematic, structured work approach
• Highly effective interpersonal, problem solving & coordination skills
• Highly effective written & verbal reporting (communication) skills

KEY KPI’s

• Achievement of the Bank’s PBT Target
• Achievement of the Bank’s Market Share growth targets in all countries of operation
• Attainment of UBA’s target market value compared to peer banks
• PBT Budget Achievement for the business units
• Achievement of the Cost to income ratio target for coverage businesses
• Achievement of projected Balance Sheet Structure and financial ratios for Group and subsidiaries
• Percentage of profitable branches/business units to total branches/ business unit
• Timeliness and quality of MIS and market intelligence reports as reported by supported business leaders
• Ensure regularity in the conduct of periodic MPRs and QBRs Group wide

go to method of application »

POSITION SUMMARY:

• As part of the Finance team, the revenue assurance officer will be responsible for ensuring that revenue risks & any potential revenue leakage is timely identified and addressed, implementing established processes to audit internal controls across the entire revenue cycle. This is a broad-based substantive analysis & audit role required to provide comprehensive assurance services across the entire spectrum of the banks revenues, with a view to ensure sufficient coverage of scope overall revenue transaction types.

ROLES & RESPONSIBILITIES:

• Performing regular reconciliation and analysis of revenue streams.
• Documenting revenue flows across critical functions and monitors the same.
• Managing any issue that potentially impacts revenues, from identification through to quantification through to resolution.
• Measuring and tracking KPIs and outcomes against standards, while planning and taking corrective action where required.
• Acting as a Revenue Assurance Subject Matter Expert on projects / initiatives
• Work with cross-functional teams in resolving financial and revenue related issues.
• Perform revenue analysis, calculations and reporting on monthly basis.
• Develop new strategies to improve accuracy and timeliness of revenue management.
• Develop internal finance controls based on industry best practices.

EXPERIENCE:

• Prior experience in Banking
• CPA or part qualified accountant
• Minimum 5 years work experience in either accounting, audit or data analysis
• Holder of an equivalent bachelor's degree in a finance related discipline, economics and/or any other business-related field
• Knowledge of revenue related risks & internal controls, accounting principles and procedures
• Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
• Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
• Proactive critical thinker with effective planning, scheduling and time management skills
• Highly disciplined, mature and well organized, with a systematic, structured work approach
• Highly effective interpersonal, problem solving & coordination skills
• Highly effective written & verbal reporting (communication) skills

KEY KPI’s

• Reliability & Integrity of Revenue Forecast
• Reliability & Integrity of Revenue Reported
• Minimizing Revenue Leakage & Loss
• Enforcing Compliance to Revenue Policies
• Timely Resolution of Issues Escalated
• Maintaining Sustainable Daily Operations
• Availability of Complete Documentation for all Audit Procedures carried out through each revenue cycle process.