Finance Business Partner at Co-operative Bank of Kenya

The Role

Specifically, the successful jobholder will be required to:

• Drive performance improvement and ensures excellent execution of business initiatives by providing insight and advice in areas such as sales force effectiveness, customer and portfolio profitability, pricing strategy and cost control.
• Establish and manage relationships with business area, gaining an in depth understanding of the business areas and its financial information needs thereby adding value to the business area.
• Provide input on budgeting and forecasting, challenge cost and revenue drivers within sales and other operational meetings and make suggestions to help improve the performance of the business.
• Drive business performance through high quality actionable analysis, financial commentary and other communication channels.
• Proactively challenge decisions/proposals using business and commercial knowledge and aid the business in understanding of key economic factors and cost drivers.
• Embed performance measurement of financial and non-financial indicators (KPIs), identifying opportunities for the development of management reports to meet business needs. Develop and report financial and other performance measures (metrics) required by the division.
• Guide and help develop the financial business cases for all investment projects undertaken by the division and to guide in the monitoring of benefits by gathering data and calculating costs, benefits and returns.
• Provide support and analysis on a range of technical issues in connection with the financial metrics/analytics e.g. variance/trend analysis (actuals vs budget) makeup of specific costs etc.
• Challenge plans to commit costs, identifying areas for cost efficiency and managing the speedy delivery of benefit.

Skills, Competencies and Experience

The successful candidate will be required to have the following skills and competencies:

• A degree preferably in Business, Finance or Commerce. CPA (K) or pursuing final stage qualification desired.
• Experience – 3 years and above in Accounting, financial and/or management reporting and Business Analysis with 2 years’ additional experience in business partnering is preferred 
• Experience in carrying out quantitative & qualitative analytical performance reviews on revenue, cost and bank products coupled with a strategic perspective and ability to apply analytics
• Good knowledge of the  finance policies, budgeting guidelines and cost management procedures as well as the Banking Act 
• Strong communication skills coupled with good negotiation, presentation, facilitation and influencing skills.
• Grounded in strong analytical and modelling capability to ensure support the wider business performance and insight as required
• High level of understanding of the direct relationship between actuals, functional strategy and delivery to targets. 
• General awareness of the current business trends and practices and good understanding of the financial services industry