Manager/Senior Manager, Business Finance, Finance Division
A Reputed Bank
Job Description
Job Purpose:
- The role requires a highly capable and accountable finance and business partnering professional. The incumbent is mainly responsible for the delivery of timely, well-articulated financial/business performance reporting and analysis, proactive identification of strategic and financial opportunities, significant input into the planning and forecasting process for the business.
- On the other hand, assist Top Management in business planning and driving special projects and strategic initiatives and unit head for day to day activities of the Business Finance Team. The role requires to provides the City bank financial position, market and competitive insights through presentations and reports to the Board and various internal management teams to take effective strategic and technical decision.
- The role also requires to take initiatives to develop new analytical report for business and management and take initiatives to reduce report processing time. He/she needs to have leadership skills to coordinate the team members and stakeholders and arrange the internal training and share the knowledge among the team members to develop their skill and efficiency.
Managerial Responsibilities:
- Business Reports & Analysis : Being the main point of contact for all business reports and MIS, the role responsible to provide different periodic and Ad hoc reports and analysis based on Business requirement for Management decision making
- Development and Assessment of the Report : Take initiatives to develop new report for business and management and take initiatives to reduction of report preparation time for existing reports.
- Financial Planning and Analysis : Assisting the annual budgeting preparation process. Supporting the preparation of rolling forecasts and comparison of actual versus budgeted numbers with appropriate business commentaries. Coordinate with all department heads on business, ongoing projects and other initiatives. Assist Seniors in business planning and driving special projects and strategic initiatives.
- Capital & Cost/Revenue Allocation : Assist the business division towards a performance based culture by providing an effective FTP policies and adoption of cost allocation model for all business segments. Applying RAROC for evaluating business performance by overseeing the growth prospect in line with the capital consumption.
- Strategy & Leadership : Assisting the yearly strategic plan as well as the annual operating plan together with the business heads. Create a highly engaged and motivating team for better performance. Lead the team to achieve the organizational goal as well as divisional goal. Supervise & monitor team for timely delivery of results & customers’ support.
Experience
- At least 8 years
- The applicants should have experience in the following business area(s): Banks
Education
- Master's/Bachelor's degree in Accounting/Finance/Business Administration from any reputed university
- Qualification from any professional accounting body (CA, CFA, CMA, ICMAB or any other internationally recognized degree) would be an added advantage
Additional Requirements
Job Requirements:
- A minimum 8 years’ experience in relevant field is a prerequisite for this role. Experience in a finance leadership role will add value.
Technical & Behavioral Skills:
- Strong business acumen and ability to demonstrate experience in analyzing complex concepts and articulating meaningful information in an impactful way
- Strong analytical skill to understand, analyze and interpret key financial and non-financial metrics and ability to relate performance with overall strategic objectives
- Understanding of economic issues, regulatory developments, financial markets, trends in banking and other relevant issues effecting business environment of the banking industry
- Strong knowledge on IFRS & Bangladesh Bank Regulations for preparation of financials would be an added advantage
- Strong business partnering, interpersonal and stakeholder management, with demonstrable experience of negotiating and influencing across a wide range of stakeholders
- Strong written and verbal communication skills in both Bangla & English
- Proven ability to be proactive and work independently or part of a team
- Proven accomplishments as a change agent with strong execution capability and focus on control and process improvement