Finance Director  Assistant Management Accountant  Provides senior management with sound financial and business information to guide the effective, efficient development and execution of strategy and develops, implements and monitors an effective budgetary control system. 1. Prepares the Monthly Management Accounts Pack (variance and ratio analysis and performance commentary) and circulation to Heads of Divisions, District Managers, Branch and Cost Centre Managers.
2. Liases with branches and departments on their performance on a monthly basis and presents performance updates to Heads of Departments.
3. Coordinates the preparation of annual budgets and quarterly rolling forecasts for the Banking operations and prepares presentations of the consolidated budgets to Senior Management and the Board.
4. Monitors Bank�s costs and allocation of overheads.
5. Manages project appraisal and management and Cost Benefit Analysis for new products or new business lines.
6. Contributes to Pricing Committee deliberations as a member.
7. Prepares accounting reports for ALCO and attends as a technical resource.
8. Assists in half year and year end audit and preparation of financial statements were necessary
9. Attends Bank's strategic planning meetings
10. Monitors daily performance dashboard for the Bank.
 Review of inputs for Board reports
Meetings
Management Accounts Reports
Branch and Divisional Performance Reports
Performance Dashboard
Budget reviews
Adhoc Reports
Input for ALCO / Pricing Committee
 Tasks/ control checklists
Review of input for monthly management accounts
Review input for ad hoc tasks
  Prepares management accounts 
 Projects appraisal 
 Preparing budgets on time 
 Monthly branch shared cost allocations 
 Prepare research plan for ad hoc activities
 Preparing for meetings on product pricing 
   Accounting Degree or equivalent, MBA / MBL / MSC in Finance    CIMA/ CFA or equivalent qualification  10 years  Must have excellent process evaluation and analysis skills and understands the various finance and management related legislations;
 Must have excellent technical and practical skills in financial management;
 Must be able to develop, evaluate and interpret financial statements;
 Must have good communication and negotiation skills;
 Must have a thorough understanding of market trends and related dynamics and be able to advice management accordingly;
 Must be able to formulate and implement effective and efficient cost management strategies;
 Must have proven accountancy, budget formulation and budget control skills;
 Must be an innovative and business oriented person with a thorough grounding in business management and dynamics;
 Must have proven team leadership skills;
 Must have advanced knowledge of the Microsoft Office suit of package;
 Must have knowledge of relevant accounting packages
  Decides on information that is relevant to guide the deliberations on the pricing of Bank's products
 Decides on critical information relating to the financial health of the Bank and efficiency of strategy to be communicated to Senior Management
 Decides on the nature of analysis required to provide information which guides management on whether or not to embark on new projects; whether or not to discontinue existing products/projects
 Decides on the scheduling of activities and nature of input required for an effective and timely budgeting process
 Decides on the nature of research required to support strategic interventions
 Decides on the tasks that are allocated to subordinates 
 Decides on the training requirements for self and subordinates
 Decides on appropriate internal funds transfer pricing model to be applied within the Bank
 Decides on equitable overhead allocation models and the level of journals to be applied in order to distribute costs across branches/cost centres for the proper tracking of cost center performance
  Ensuring effective cost management in the Bank. 
 Preparing budgets which are achievable  
 Ensuring compliance to company policies and procedures
 Addressing issues raised by Branch Managers, Head of Departments
 Compliance with Group Financial Reporting Framework
 Finding solutions for irregular/ unusual transactions/ activities affecting the Bank's financial and business outturn
 Application of complex funds transfer pricing models for purposes of achieving accurate reporting at branch level
 Application of overhead cost allocation models for shared expenditure


Job evaluation subgrade: D