Assist in the preparation and variance analysis of budget and the reforecasts with the identification of unusual movements in the business trends.
Assist in preparing branch level profitability along with its key efficiency ratios.
Assist in preparation of different KPI’s and Ratio’s on head office and branch level.
Assist in preparation of branches profit/loss and Balance sheet.
Analyzing the expenditures with respect to approved budgets and work-plans.
Preparation of Actual and Budget Comparisons to assist the management in identification of key drivers for the variance.
Reconciliation and analysis of different income and expense heads with the calculation of the bank’s net spread (Gross yield – Cost of funds)
Control and Reconciliation
Facilitate in the preparation and provision of complete and accurate financial reports for all projects.
Reconciliation of accounts payable and accounts receivable with recommendation of adjustments.
Reviewing all treasury deals as per policy.
Ensure the compliance of prudential regulation and other laws pertaining to finance department working.
Ensure the timely reconciliation of the following head of accounts:
All income heads on monthly basis.
Suspense account reconciliation and settlement/adjustment on monthly basis
Accruals of income and expenditures verification on quarterly basis.
Fixed assets reconciliation with the Comparison of branches physical asset with Fixed Asset Register every quarter.
Provision reconciliation before month end to resolve issues, to avoid extra time on month end.
· Any Other duties as required by line manager.
1. Communication skills.
2. Multi-tasking & Detail oriented.
3. Strong grip on MS Excel, Word
4. Solid knowledge of financial and accounting procedures.
5. Sharp time management skills
6. Good analytical skills required to analyze data and prepare reconciliation
7. Relationship development