Sr. Manager Management Accounting - Banking Sector

• Prepare periodic managerial package about bank performance analysis; actual results versus budget, market share trend, profitability analysis for bank and business sectors within the bank.

• Presenting reports to senior management to aid with business decision-making.

• Design and prepare profitability analysis for business sectors, products, and branches by using best practices for cost allocation methods and FTP methods.

• Compiling strategies that will reduce business costs.

• Advising on the financial implications of business decisions.

• Developing and overseeing financial systems and procedures and identifying opportunities to improve these.

• Controlling income and expenditure within the business and ensuring that expenditure is in line with budgets.

• Overseeing accounting technicians and support with generic accountancy tasks.

• Communicating with all levels within the organization and being able to present financial information to non - finance members of staff.

• Prepare financial feasibility studies for the new products.

• Design and supervise the bank budget process, coordinate and participate with all bank units.

• Succession planning of key functions within Finance. Keeping team highly motivated to strive to achieve their personal KPIs and BOK’s goals.

• Prepare ALCO Package; concentration analysis, core and noncore deposits, liquidity and gap analysis.

• Follow up on all financial matters related to International branches

• Conduct bank performance comparison analysis with other banks), highlight the performance of the banks compared with competitors.

• Automate reports through MIS to extract useful information to accelerate process and save time and effort of the unit beside manage finance department MIS requirements.

• Submit the variance analysis and communicate with the related unit to explain and justify the variances to prepare an action plans to correct the negative effects.

• Building and monitoring strategic plans.

• Support cost control process through issuing cost file reports and insuring that the expenditures are budgeted or not.

• All the above accountabilities include but not limited to any additional responsibilities assigned by the bank.

• Bachelor’s degree in finance or related field

• Master’s degree will be preferred

• Minimum 10 years of extensive work experience in the financial and banking sector, preferably with an international bank.

• Ability to achieve the goals and objectives assigned by the management

• Ability to create and utilize best-practice management and leadership styles.

• Ability to Identify and define problems and draw valid and effective solutions.

• Ability to deal with different stakeholders.

On-Hire