Head – Business Finance at Co-operative Bank of Kenya

The Role

Specifically, the successful jobholder will be required to:

• Drive the Finance Business Partnering model across the Bank by offering financial insights, analysis, and performance to businesses to enhance the achievement of the set objectives.
• Formulate in conjunction with business segments SMART KPIs for business/frontline teams that drive the agenda and goals for the Bank. 
• Work with the relevant teams to develop Initiatives to drive P&L growth.
• Guide and monitor cost drivers across the various Divisions to drive cost containment and productivity.
• Support the budgeting process through Finance Business Partners by ensuring all Divisions provide and adopt the agreed-upon targets/tactical.
• Oversee business casing/modeling for strategic programs and also shorter-term tactical initiatives.
• Ensure that organization-wide productivity initiatives and programs are focused and aligned on improving operational efficiencies and effectiveness. Evaluate the impact that improvements have on margins, bottom-line performance, and customer satisfaction.
• Act as the single source of truth on the financial returns realized from process and organization simplification, automation, and digitization benefits realization.
• Build and develop a high-performing team through embedding performance development and coaching/ feedback process. Discuss and act on the Key Performance Indicators for all direct reports and carry out performance appraisals.
• Address compliance, risk management, and control requirements within your remit.

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 similar professional qualification.
• Experience At least 8 years and above in accounting, financial and/or management reporting, and Business Analytics with 2 years additional experience in business partnering is preferred 
• Good knowledge of finance policies, budgeting, financial modeling, and cost management.
• A good appreciation of business strategy, operating structure, and interface with other functions.
• Strong communication skills coupled with good negotiation, presentation, facilitation, and influencing skills.
• Strategic and commercial acumen.
• Proven ability to influence business partners and build key relationships
• Able to deal with ambiguity, identify resources to implement, and determine pragmatic solutions
• General awareness of economic, social, innovation, and technological factors within the financial services environment.