AVP-Business Finance

Job Description

JOB PURPOSEThe purpose of the job is to provide support and in-depth business insights and information to support strategic business decisions to grow revenues/returns and maintain strong cost management by delivering accurate and high quality management information reporting. The job holder acts as a strategic finance business partner will be responsible for business planning, budgeting and performance measurement and ensuring strong financial control and reporting standards are applied to meet the businesses overall strategic objectives.?RESPONSIBILITIES?Finance Business Partner?? To be the trusted finance advisor on business performance and strategic issues.?? Act as Finance representative on all necessary business management forums.?? Review financials and provide objective, value added commentary and insight for the business.?Planning, MI Reporting, Analysis?? Assist and guide in the formulation of the annual budget, through aligning their strategy with the overall Banks projected strategy and budget for the year.?? Drive with Group Finance the annual budget setting, monitor financial performance versus budget, monitor projects/initiatives, key ratios, and update the senior finance management and Business heads on performance gaps with proposals on how to improve performance.?? Support regular performance reviews with business heads. Periodically, assist the business in preparing any presentations to portray their performance and achievements to their set strategies/ KPIs.?? Review the budgets for key strategic projects and change management initiatives?? Actively monitor performance and use MIS to enhance performance and aid strategic decision making, manage areas of under-performance?? Ensure accurate and timely MI reporting to assist business partners and management in decision making with detailed analysis - covering revenue, costs, balance sheet, off balance sheet and key ratios.?? Liaise with Group FP&A to ensure accurate product/line of business for upstream data integrity??Advisory?? Support for new/existing products, processes and business arrangements relating to financial & regulatory reporting compliance?? Identify the key risks, particularly financial, within the Business and co-ordinate to have appropriate risk mitigation plans in place.? Ensure that risks are incorporated into the business planning and strategy phases?? Act as a central person for Group Finance functions on matters associated with: Financial and Regulatory Reporting, Group Treasury, Financial Performance Management and Analysis, Tax, Financial Control.??? Work with Group Treasury on any FTP, Balance sheet capital and liquidity mattersFinance Risk control?? Assessing and ensuring transparency in the financial performance of the business divisions, and ensuring that disclosure of our financial performance meets regulatory requirements and corporate governance standards.?? Ensure that all internal processes and infrastructures are robust and effective taking into consideration effective risk management and controls.?Continuous Improvement?? Identify opportunities for improvement in the areas of business opportunities, process efficiency, cost efficiency and risk mitigation.?? Embrace the culture of customer-centric and high performance culture within PBG & Group Finance?? Motivate teams and contribute to the identification of opportunities for co

Keyskills :