Sr. Manager Management Accounting - Banking Sector

A leading financial institution is seeking an accomplished Senior Manager Management Accounting is customized to internal needs, examining costs, revenue, and performance metrics to support planning and evaluating business operations.

• 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.

Requirements