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