.jpg)
Finance Business Partner - Manager
About the job
Role Summary:
Administrative and executive oversight over the financial work of the retail banking services sector, by producing and analyzing financial information for the retail banking services sector and future forecasts with the required accuracy and efficiency that helps decision-makers to make appropriate decisions, and measure the financial performance of the industry by contributing to the preparation of the estimated budget for the services sector Retail banking, in coordination with the senior management of this sector, and supervising their achievement by comparing the actual results, analyzing deviations and establishing their causes, and preparing reports and financial studies related to the industry in order to achieve its objectives within the policies, procedures, and requirements of senior management.
Roles & Responsibilities:
1. Participate in the outputs of the strategic plan for the retail banking sector, in line with the bank's vision.
2 . Lead and coordinate the process of preparing estimated budgets.
for the retail banking sector in terms of preparing forecasts for budget
balances and income statements, in addition, to accurately entering data for
reporting purposes.
3 . Lead and coordinate the preparation of the business plan.
for the retail banking sector.
4 . Follow up and evaluate the results and performance of the
retail banking sector by preparing/ analyzing financial reports related to the
sector on a historical or future level.
5 . Follow up and evaluate the results and performance of the
branches, analyzes, and compare them with historical performance, and provide
feedback on them.
6 . Follow up on the monthly results of the retail banking.
services sector in the bank by reviewing and matching the financial statements,
analyzing, and comparing them with the actual results and comparing them with
the budgets specified for them, and identifying deviations and analyzing them
after discussing them with the concerned authorities to determine their causes
and develop the necessary procedures and corrections in coordination with the
direct supervisor and the stakeholders.
7 . Supervise the extraction and analysis of financial
information necessary for future expectations, which helps decision-makers to
make decisions with the required accuracy and efficiency.
8 . Supervise/work on auditing and calculating the expected
costs of each program/ campaign to know its impact on the bank's profitability
and determine the benefit ascribed thereto to achieve the bank's objectives.
9 . Work on developing financial reports to ensure access to
the easiest way to follow up on the performance of the retail banking services
sector and its products to achieve the financial goals of this sector to
present them to the decision-makers in senior management.
10 . Direct expenditures and revenues to the appropriate
general ledger accounts, ensuring fair presentation and appropriate
classification.
11 . Participate and contribute to providing the required.
support to the line manager by the sector's business requirements in terms of
information, data, and financial reports.
12. Monitor the sector's capital and operational expenditures, report on them, and submit them to the line manager.
13 . Coordinate with the Finance Department by exchanging.
information on any challenges to implement the overall business strategy,
plans, initiatives, and systems.
14 . Work as an original/ alternative member within the
business continuity plan and duly generalized emergency teams and perform all
the tasks required of him/ her according to the plan, in a manner that ensures
limiting the effects of crises and restoring operations as soon as possible.
15.Experience in pricing, RAROC, FTP calculations
Job Qualifications:
Bachelor's degree in accounting, finance, banking, or any related field.
A minimum experience of (8) years in management accounting /cost accounting /preparing estimated budgets.
Professional certificates such as CIMA/ CMA/ ACCA/ ACA...etc. is preferred
Full knowledge of international norms, regulations, instructions, and local laws related to financial and accounting matters and follow-up to its modifications.
