Finance MI Analyst - Absa Bank

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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Job Summary

The Finance MI Analyst will be part of the Data Analytics team with the following main accountabilities:

• Develop an MI framework that will support the business with robust and reliable data to aid in management decision-making with the objective of maximizing profitability.
• Assist in developing business insights that constructively challenge the organization to refine its “where to play” and “how to win” choices to drive growth, improve profitability, and sustain competitive advantage
• Produce daily, weekly and monthly reports which will cover all aspects of business and performance reporting.

Job Description

Business Analytics

Time split: 40%

• Applying analytics (descriptive, predictive, prescriptive) across functional reports
• Assist in developing business insights that constructively challenge the organization to refine its “where to play” and “how to win” choices to drive growth, improve profitability, and sustain competitive advantage
• Support in promoting data as a strategic asset for identifying growth opportunities as well as experimenting and testing new ideas with the aim of building new customers and revenue streams.
• To monitor actual performance against target and to analyse variances.
• Assist in the investigation of any anomalies in financial performance
• To understand the key drivers of income & cost and develop and report financial and other performance measures required by local management & ARO Finance to monitor profitability of major products and of individual functions.
• Providing input and assisting in the preparation and timely submission of Flash, Actual, MTP, STP and RAF to group.
• Produce periodic reports which will cover all the aspects of the product life cycle including acquisition, portfolio performance, product profitability, credit and collections performance and operational related reports
• Support in maintaining high quality of analysis and evaluation
• Analysis of competitor data and economic trends to monitor performance and identify critical areas of focus.

Management Information

30%

• Proactively identify the MI needs of business partners and develop the necessary tools to meet these needs.
• Provision of MI on an ongoing basis as and when requested by group and the local team.
• Assist in the review of business cases for all investment projects undertaken by your business and to monitor benefits by gathering data on costs, benefits and returns.
• Assist in the preparation of senior management presentations and decks
• Ensure the integrity of Management information and support in maintaining high data quality.
• Assist in ensuring correct mapping of product, segment and functional P & L and balance sheet in BRAINS and all Finance systems
• Assist in group reporting, data and system management (TMI, SAP and other)
• To respond to routine and ad hoc information requests.
• Participate in any finance related activity as and when requested by Finance.
• Ensure reports are completed within the specified requirements and the agreed SLAs and ensure the requestor understands any limitations
• Prioritization of regular and ad hoc reporting to satisfy external and internal customers

Performance Reporting

20%

• Prepare daily, weekly and monthly financial reports for submission to local management and business functions
• Ensure timeliness, accuracy and reliability of financial and management reports for decision making
• Assist with the written and verbal articulation of Barclays Ghana’s performance
• Liaise with finance business partners to ensure the integrity of functional reports
• Assist in the preparation of any other value –adding reports and tasks

Self-Development

5%

• Develop and maintain own knowledge, expertise and professionalism.
• Keep abreast of current developments in the banking industry including micro and macro-economic factors and trends
• Meet personal training and development needs through relevant professional and commercial training and networking activities.
• Champion his/her own performance development.

Risk and Control

5%

• Understand the appropriate Group and RoA Policies & Standards applicable to the role.
• Understand and manage risks and risk events (incidents) thereby contributing to the adherence to the Group Risk and Control Framework.

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)