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Assistant Manager, Finance
NCBA Rwanda | Post type: Jobs July 22, 2024 - Deadline 26/07/2024 | NumberOfPosition [1]
NCBA Rwanda Overview

With the combined strength, experience and expertise of NIC and CBA, NCBA takes asset finance to the next level. You can now look forward to a streamlined process. It’s simpler, easier and faster

Job Title:    
Assistant Manager, Finance    
Reports to:    Senior Manager Planning and
Systems

Unit:    Finance, Strategy and
Administration    
Department:    
Finance

Job Purpose Statement

The role is responsible for coordinating the reconciliation, implement financial management
controls and overseeing the bank’s business plans performance.

Key Accountabilities (Duties and Responsibilities)

Perspective

•         Monitor project budgets and analyse cost variances.
Management        
•         Conduct   regular   audit   to   identify   areas   of   cost
reduction and efficient improvement
•    Collaborate with cross-functional teams to ensure cost efficiency across projects
•    Assist in the Preparation of monthly expense report and provide insights to the management.
•         Review  the  office  supplier  and  consumables  (fuel,
business credit cards, tax, stationaries etc) to confirm reasonableness and if they are genuine.
•         Assist in projects evaluations
•         Assist in revenue assurance exercises
•         Ensuring  the  integrity  of  accounting  information  by
Reconciliation &        recording,   verifying,   consolidating,   and   review   of
Risk        posted transactions.
•    Leading  the  reconciliations  process  of  the  internal accounts including other assets and other liabilities.
•    Maintain accurate account balances and ensure all ledger accounts are reconciled regular.
•    Ensure  that  all  reconciliations  are  done  and  stored through  the  reconciliation  systems  (Intelmatch  and
workflow)

•    Regular GL substantiation and propose provisions, write-off/back of long outstanding items in suspense accounts
Ensure ownership of internal account and Coordinate
with other departments to resolve outstanding issues and discrepancies in a timely manner.
Conducting an inventory of all bank assets, insure their all recorded and tagged, and resolve any exceptional findings.
Review and implement reconciliation policies and procedures to ensure compliance with regulatory requirements and internal controls.
Monitor and closure of audit & risk findings related to
GL management and reconciliation
Prepare detailed reports on reconciliation activities for management and other stakeholders.
A board paper seeking provisions, write-off/back for
the long outstanding items where applicable
Balance Sheet    20%    

•    Government securities – booking validation and
confirmation of coupons and WHT
Cash in hand – confirmation from branch managers that cash is verified (monthly certificate) as well as non-breach of insurance limits.
Loans and advances – system validations- sample approval terms etc.
Proper capture of Fixed deposits and other deposit
terms

•    monthly and Adhoc business updates reports). Preparation of periodic Branch performance and monitoring   reports   (daily,  weekly  monthly  and Adhoc business updates reports).
Preparation Adhoc reports - un restructured and needed by group/ management.
Support in the preparation of supporting schedules for the monthly management and group accounts Collaborate  with  internal  stakeholders  to  gather
    
•    Assist in the preparation of periodic financial  Forecast throughout the fiscal year and adjust plans as needed. Maintain own high performance
Personal growth and help team members to achieve their career growth Plans
Carry  out  performance  appraisals  to  provide  overall
assessment for a set period of performance in a manner that      enhances      motivation      and      performance
            improvements.
•    Own-up-to-date       and       actioned        competency assessments and development plans.


Job Dimensions

Reporting Relationships: jobs that report to this position directly and indirectly

Stakeholder Management: key stakeholders that the position holder will need to liaise/work with to be successful in this role. 
Internal
Business Units, Credit and OPS Heads, i.e. Clearing, Credit, Treasury, Corporate etc

Decision Making Authority /Mandates/Constraints: the decisions the position holder is empowered to make (Indicate if it is Operational, Managerial or Strategic). Please also highlight any budgetary control responsibility if applicable for the role.

Ideal Job Specifications

Academic:
•        University  Degree  in  Business  related  studies  Specifically  in  Accounting  or
Finance options)
•        Master’s Degree is an added advantage
Professional:
•        CPA, ACCA, CIMA or equivalent professional qualification
Desired work experience:
•    Minimum 3 years working experience in accounting or finance department, Preferable in banking finance sections
•        A working knowledge of a bank’s operating systems, controls and general
banking
Knowledge of regulatory and statutory requirements
•    Practical experience in use of relevant MS Office applications, with advanced excel functions
•        Auditing backgroung is an added advantage
•    Competency in the use of INTELLIMATCH, SAP and T24 bank systems will be an advantage
 
Technical Competencies

Leadership
 
•    Uses the bank’s performance management tools and skills to optimise own productivity. Able to act as a positive role model by demonstrating desirable behaviours and inspire others to strive for higher levels of performance. Seeks for self- empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture. Great Interpersonal skills to effectively communicate with and manage customer expectations (internal and external), and other stakeholders who impact performance. 

Technical Competencies


Commercial    
•    Demonstrates an understanding on how key business issues affect the profitability of the bank. Recognises the commercial
Awareness        implication of different courses of action and demonstrates an
understanding of the market which the bank operates

Strategic Thinking    
•    Considers the long-term implications of current activities and aligns short term objectives with long term strategic goals and formulates clear and practical steps to meet these objectives. Demonstrates a detailed understanding of the bank’s strategic direction.

Problem Solving.    
•    Seeks to identify the root causes of problems and explores a range of possible solutions. Makes timely decisions based on reliable sources of information  and  seeks and  obtains the views of others where appropriate to assist in making objective decisions


Behavioural Competencies Interpersonal
Sensitivity    • 
 Shares recognition for accomplishments with other team members, promoting a positive and friendly team climate. Openly shares important information with other team members. Actively encourages and supports contribution from other
team members. Demonstrates respect for other people’s
perspectives and opinions

Resilience    
•  Maintains focus on tasks when under pressure until completion.
Demonstrates a positive attitude in difficult situations. Responds in a controlled way when facing opposition. Shows determination and drive to overcome obstacles and problems.
Communication    
•  Ability to present ideas in a clear and concise manner when communicating. Responding to objections raised in a considerate and convincing manner and check to ensure that information has been understood.
Planning and
Organising    
•  Able to make the best use of available resources to achieve desired results, especially departmental objectives. The role requires one to keep track of progress on tasks and projects against plans and build contingencies and risk management plans to allow for unexpected events.
Action Oriented    
•  Be able to originate action rather than waiting for others to do so.
Able to take action to improve progress without prompting.
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