Head, Reporting and Performance Management

  • Full-time

Company Description

Primera MFBank, your partner for growth, is a fully licensed technology-driven finance platform that offers financial solutions to businesses and individuals. Anchored by a strong balance sheet and an experienced, hands-on management team, we enhance financial inclusion by offering suite of financial services to meet the needs of clients.

We are recruiting to fill the position below:

Job Title: Head, Reporting and Performance Management

Location: Lagos
Department: Finance

Job Description

Performance Management

  • Automation and delivery of performance driven reports
  • Projection of future performance and recommendations
  • Development of performance driven incentive models and framework
  • Development and improvement of key performance indicators (Financial and Social)
  • Coordination of monthly performance review sessions
  • Development of dashboards that will show trend and performance against budget
  • Delivery of daily performance reports across all hierarchies of the bank

Budgeting

  • Ensuring that budget is in line with the business objectives of the bank
  • Coordination of bank’s budget process and delivery within the stipulated time
  • Development of model that will enhance the quality of the bank’s budget
  • Automation of bank’s budget

Management & Financial Reporting

  • Preparation of daily and monthly Management Accounts
  • Analysis of key income statement and balance lines
  • Monitoring and analysis of prudential ratios
  • Preparation of Financial Report in line with IFRS

Business Analytics

  • Prepare segment/product performance report
  • Provide insightful analysis on business performance and provide recommendation to achieve business goals
  • Building financial models to forecast business performance and simulate performance based on different scenarios

KPIs

Performance Management

  • Timely and accurate preparation of daily Scorecard, Business Unit Performance Report and other ad hoc performance reports
  • Quality of reward, recognition and intervention frameworks developed
  • Improvement on the bank’s performance metrics

Budget and Planning

  • Timely completion of the financial year budget

Management Reporting

  • Timely and accurate preparation of daily and monthly Management Accounts
  • Timeliness and quality of analysis of key income statement and balance lines
  • Timeliness and quality of analysis of prudential ratios

Qualifications

  • BSc/HND in numerical discipline
  • 7-10 Years’ experience in reporting, business analytics and performance management in a financial institution.
  • ACA/ACCA/CIMA
  • Good reporting and analytical skills
  • Experience in the use of BI tools like PowerBI, Tableay etc
  • Financial modelling skills
  • Presentation Skills
  • Good interpersonal skills
  • Good understanding of IFRS

Additional Information

Required Skills:

  • Leadership, strategic thinking, result driven, business acumen, decision making and financial management