Head, Reporting and Performance Management at Primera Microfinance Bank Limited

Primera MFBank Limited, your partner for growth, is a fully licensed technology-driven finance platform that offers financial solutions to businesses and individuals. Anchored by a strong balance sheet and an experienced, hands-on management team, we enhance financial inclusion by offering a suite of financial services to meet the needs of clients.

We are recruiting to fill the position below:

Job Title: Head, Reporting and Performance Management

Location: Victoria Island, Lagos
Employment Type: Full-time
Department: Finance

Job Description
Performance Management:

• Automation and delivery of performance-driven reports
• Projection of future performance and recommendations
• Development of performance-driven incentive models and framework
• Development and improvement of key performance indicators (Financial and Social)
• Coordination of monthly performance review sessions
• Development of dashboards that will show trends and performance against budget
• Delivery of daily performance reports across all hierarchies of the bank

Budgeting:

• Ensuring that budget is in line with the business objectives of the bank
• Coordination of bank’s budget process and delivery within the stipulated time
• Development of a model that will enhance the quality of the bank’s budget
• Automation of bank’s budget

Management & Financial Reporting:

• Preparation of daily and monthly Management Accounts
• Analysis of key income statement and balance lines
• Monitoring and analysis of prudential ratios
• Preparation of Financial Report in line with IFRS

Business Analytics:

• Prepare segment/product performance report
• Provide insightful analysis on business performance and provide recommendations to achieve business goals
• Building financial models to forecast business performance and simulate performance based on different scenarios

Key Performace Indicators
Performance Management:

• Timely and accurate preparation of daily Scorecard, Business Unit Performance Report and other ad hoc performance reports
• Quality of reward, recognition and intervention frameworks developed
• Improvement on the bank’s performance metrics

Budget and Planning:

• Timely completion of the financial year budget

Management Reporting:

• Timely and accurate preparation of daily and monthly Management Accounts
• Timeliness and quality of analysis of key income statement and balance lines
• Timeliness and quality of analysis of prudential ratios

Qualifications

• BSc / HND in a numerical discipline
• 7-10 years experience in reporting, business analytics and performance management in a financial institution.
• ACA/ACCA/CIMA
• Good reporting and analytical skills
• Experience in the use of BI tools like PowerBI, Tableau etc
• Financial modelling skills
• Presentation Skills
• Good interpersonal skills
• Good understanding of IFRS.

Required Skills:

• Leadership, strategic thinking, result-driven, business acumen, decision making and financial management.

Application Closing Date
Not Specified.