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Co-operative Bank   |   Nairobi, Kenya   |   Log in or register to see the closing date

Finance Business Partner (FBP)

  • Bachelor's degree
  • Accounting, finance, banking, insurance
  • Experienced (senior worker)
  • Full Time
  • Permanent
Click to apply

Job Summary


Are you looking for an employee who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? The Co-operative Bank of Kenya, “The Kingdom Bank” is the place for those looking to new horizons.


We are looking for a commercially-focused and self-driven experienced professionals who will be the key liaison and a trusted financial advisor to the business areas in supporting the strategic growth of the business through the provision of financial analysis, profitability analysis and the analysis of sales performance.

We are looking for professionals who combine finance expertise with business acumen, who constructively challenge the business and provide valuable insight to ensure optimal decision making outcomes

SKILLS, COMPETENCIES AND EXPERIENCE

  1. A degree preferably in Business, Finance or Commerce. CPA (K) or pursuing final stage qualification desired.
  2. Experience - 3 years and above in Accounting, financial and/or management reporting and Business Analysis with 2 years’ additional experience in business partnering is preferred .
  3. Experience in carrying out quantitative & qualitative analytical performance reviews on revenue, cost and bank products coupled with a strategic perspective and ability to apply analytics.
  4. Good knowledge of the finance policies, budgeting guidelines and cost management procedures as well as the Banking Act .
  5. Strong communication skills coupled with good negotiation, presentation, facilitation and influencing skills.
  6. Grounded in strong analytical and modelling capability to ensure support the wider business performance and insight as required.
  7. High level of understanding of the direct relationship between actuals, functional strategy and delivery to targets.
  8. General awareness of the current business trends and practices and good understanding of the financial services industry.
  9. Experience - 3 years and above in Accounting, financial and/or management reporting and Business Analysis. Experience in business partnering is preferred .


HOW TO APPLY

If you fit the profile, then apply today! Please forward your application enclosing detailed Curriculum Vitae to indicating the job reference number FBP/FD/2018 as the subject of your email


Responsibilities


Specifically, the successful jobholder will be required to:

  1. Drive performance improvement and ensures excellent execution of business initiatives by providing insight and advice in areas such as sales force effectiveness, customer and portfolio profitability, pricing strategy and cost control.
  2. Establish and manage relationships with business area, gaining an in depth understanding of the business areas and its financial information needs thereby adding value to the business area.
  3. Provide input on budgeting and forecasting, challenge cost and revenue drivers within sales meetings and make suggestions to help improve the performance of the business.
  4. Drive business performance through high quality actionable analysis, financial commentary and other communication channels.
  5. Proactively challenge decisions/proposals using business and commercial knowledge and aid the business in understanding of key economic factors and cost drivers.
  6. Embed performance measurement of financial and non-financial indicators (KPIs), identifying opportunities for the development of management reports to meet business needs. Develop and report financial and other performance measures (metrics) required by the division.
  7. Guide and help develop the financial business cases for all investment projects undertaken by the division and to guide in the monitoring of benefits by gathering data and calculating costs, benefits and returns.
  8. Provide support and analysis on a range of technical issues in connection with the financial metrics/analytics e.g. variance/trend analysis (actuals vs budget) makeup of specific costs etc.
  9. Challenge plans to commit costs, identifying areas for cost efficiency and managing the speedy delivery of benefit.


General Information

Salary rangeNot specified
Additional informationNot specified
Contract type: Permanent
Job type: Full Time
Location: Nairobi
Area of work: Accounting, finance, banking, insurance
Seniority: Experienced (senior worker)

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 3 years
Required skills: Budgeting, financial planning; Accounting; Compliance; Key performance indicators; Business development; Financial analysis; CPA certification; Investment advise; Cost center monitoring
Required languages: English (Spoken: fluent | Written: fluent)

Click to apply

Co-operative Bank

Banking, microfinance, insurance

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Bank's Special General Meeting resolved to incorporate under the Companies Act with a view to complying with the requirements for listing on the Nairobi Stock Exchange (NSE).


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