Manager Business Planning & Analysis.CA - IBG Finance and Planning

MashreqBank JOB DESCRIPTION 1 Job Title Manager – Business Planning & Analysis – IBG FI Department : Corporate Affairs Direct Supervisor Senior Manager – IBG Finance Job Number 2 Job Purpose Perform and support the IBG management for the following functions for IBG FI business: • Performance Measurement and analytical support • Strategic / Business Planning and tracking of key strategic initiatives • Development and enhancement of MIS requirements of IBG FI business as all FI business MIS of all FI countries is centralized in UAE 3 Dimensions Revenue AED 1000 Mn Balance Sheet Size AED 50 Billion FI countries UAE, UK, US, India, Hong Kong, Bangladesh, Pakistan, Nepal Business Interaction LFs, FI Sales Head, Country Managers & RMs Major System dependencies Flexcube, Business Object, CPR, Cognos, OFSA, OBIEE, T24 of all FI countries Source of information MIT, CAD, TRY, FI Countries, FI RMs, IBG branches, FTC, Other Finance Units 4 Key Result Areas • Maintain an accurate and consistent management information reporting system at B/S and P&L level for different FI Countries, category of product, customer, risk rating, etc. including variance and trend analysis. • Maintain the customer profitability reporting systems for FI and address the adhoc queries / clarifications from Country Heads/ RMs / Group Head. • Analyze and provide timely and accurate standard and adhoc MIS to the IBG senior management and frontline for decision making. • Provide support, where required, to Line Manager in the process of formulating Group’s strategic plan (Revenue) and performance management systems. • Provide assistance in the process of periodic financial / MBO reviews for selected Country Head/ Business Head/ RM and ensure follow up on actionable items agreed to. • Analyze business and generate forecasts for the Group in consultation with the Countries and RMs. • Identify areas of financial inefficiencies and provide recommendations for corrective action. • Assist in validation of numbers / assumptions provided by line management for business initiatives and portfolio strategies. • Carry out regular forecast exercise to ensure risk and opportunities are properly identified and appropriate plans are in place to manage them. • Work closely with Operations, MIT, Overseas Branches and other units • Ensure compliance to management accounting and international accounting standards adopted by the bank. • Provide back up to Finance Manager – Business Planning & Analysis (IBG) to ensure smooth support to business. 5 Operating Environment, Framework and Boundaries, Working Relationships • Establish, implement, administer and monitor for accuracy and continuous improvement in efficiency through automation, the maintenance of accounting records for efficient production of MIS to facilitate sound decision and judgment, • Interact effectively with IBG Head, FI Sales Head, Country Managers, Business Managers, Relationship Managers, PMAD Team, Central accounts, Operations, Technology and Credit. 6 Problem Solving • The nature of the job is complex and varied, involving cross-functional disciplines. • High level of analytical skills has to be employed to ensure that the assumptions, business logic, process and analysis are timely, accurate and scientific. 7 Decision Making Authority & Responsibility • Formulating IT requirements for IBG Finance Function and ensure implementation through MIT and / or external resources wherever required. • Providing timely and accurate standard and adhoc MIS to IBG senior management and frontline for decision making. • Maintenance of the performance measurement and reporting systems.. • Responsible for completion of the special projects undertaken from time to time. 8 Knowledge, Skills and Experience • Professional qualification in Business / Accounting / Commerce / Banking. • Experience of 7-8 years in Banking MIS, Finance & Planning • Established record of applying experience, knowledge and interpersonal skills in a changing business environment for the purpose of assessing information needs both at operational and management level. • Ability to understand systems and procedures and implement and modify the existing practices, if need arises. • Knowledge of banking products and services. Company The leading financial institution in MENA While more than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.