Manager Finance & Control job at NMB Bank

To ensure accurate recording and reporting of financial transactions, cost analysis, budgeting, budgetary control and efficiency and effectiveness in payment process.

Main Responsibilities:

• Manage accounting operations including management of charts of accounts, accounts payable, accounts receivable, cost analysis and month/year end process.
• Controlling financial resources to ensure all financial transactions, systems and procedures comply with local and international regulations, accounting principles, and standards.
• Advising management on financial related matters and impact of local and international financial reporting standards.
• Work with Senior Managers on financial forecasting and stakeholder engagement to ensure accurate and timely delivery of annual budget and bank strategy.
• Review/monitoring of General Ledgers/Cost centers budget and ensure monthly reports are shared with cost Centre owners to discuss variances noted in their report and instill cost conscious culture.
• Timely payment of invoices and staff claims as per agreed SLAs and ensure records are safely kept for easy reference and audit trail.
• Timely resolution of queries and complaints as per the agreed TATs including P2P, GL access and refunds/reversals related queries.
• Close follow up on receivables accounts (Intercompany, government and others) to clear outstanding items on time to avoid provision for loss.
• Work closely with finance analysts and senior finance analysts to ensure they understand finance processes/procedures and deliver on the context of their roles in relation to the department objectives and Bank's strategy.
• Monitoring of the Finance Risk register to ensure controls are effective and operational.
• Work closely with Senior Managers to ensure compliance with Finance processes/ procedures / policies and ensure that they are reviewed from time to time to align with the new systems.
• Work closely with Senior Managers to provide support on leadership and management around training, performance and coaching staff to improve staff performance.

Knowledge and Skills:

• Understanding of financial control and management, and the application of Bank's products, policies, and procedures.
• Technical – Financial management, financial accounting, Computer literacy, (MS Excel, Power Point, ERP-P2P, BI and Flexcube system)
• Behavioural – Information Monitoring, Decision Making, Communication, Customer Focus, Facilitating Change, Managing Work.

Qualifications and Experience:

• Bachelor's degree in business studies, Accountancy, Finance or related fields.
• Professional qualification in Accounting (CPA/ACCA or its equivalent) will be an added advantage.
• Master's degree in business studies is an added advantage.
• Postgraduate education in Banking and/or Banking certification(s) is an added advantage.
• At least 4 years' experience in Financial Management and Accounting with proven track record of leadership experience in medium to large organizations.

• Manage accounting operations including management of charts of accounts, accounts payable, accounts receivable, cost analysis and month/year end process.
• Controlling financial resources to ensure all financial transactions, systems and procedures comply with local and international regulations, accounting principles, and standards.
• Advising management on financial related matters and impact of local and international financial reporting standards.
• Work with Senior Managers on financial forecasting and stakeholder engagement to ensure accurate and timely delivery of annual budget and bank strategy.
• Review/monitoring of General Ledgers/Cost centers budget and ensure monthly reports are shared with cost Centre owners to discuss variances noted in their report and instill cost conscious culture.
• Timely payment of invoices and staff claims as per agreed SLAs and ensure records are safely kept for easy reference and audit trail.
• Timely resolution of queries and complaints as per the agreed TATs including P2P, GL access and refunds/reversals related queries.
• Close follow up on receivables accounts (Intercompany, government and others) to clear outstanding items on time to avoid provision for loss.
• Work closely with finance analysts and senior finance analysts to ensure they understand finance processes/procedures and deliver on the context of their roles in relation to the department objectives and Bank's strategy.
• Monitoring of the Finance Risk register to ensure controls are effective and operational.
• Work closely with Senior Managers to ensure compliance with Finance processes/ procedures / policies and ensure that they are reviewed from time to time to align with the new systems.
• Work closely with Senior Managers to provide support on leadership and management around training, performance and coaching staff to improve staff performance.

• Understanding of financial control and management, and the application of Bank's products, policies, and procedures.
• Technical – Financial management, financial accounting, Computer literacy, (MS Excel, Power Point, ERP-P2P, BI and Flexcube system)
• Behavioural – Information Monitoring, Decision Making, Communication, Customer Focus, Facilitating Change, Managing Work.

• Bachelor's degree in business studies, Accountancy, Finance or related fields.
• Professional qualification in Accounting (CPA/ACCA or its equivalent) will be an added advantage.
• Master's degree in business studies is an added advantage.
• Postgraduate education in Banking and/or Banking certification(s) is an added advantage.
• At least 4 years' experience in Financial Management and Accounting with proven track record of leadership experience in medium to large organizations.