Senior Manager - Business Planning & Analysis
Job Description
Title: Senior Manager - Business Planning & Analysis
Company Name: BRAC Bank Limited
Vacancy: Not specific
Job Location: Anywhere in Bangladesh
Employment Status: Full-time
Educational Requirements:
∎ Minimum Bachelor's degree in any business discipline, preferably in Finance/Banking, from a reputed UGC-granted university; an MBA will be considered an added advantage;
Experience Requirements:
∎ 8 to 10 year(s)
Job Context:
∎ BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.
∎ BRAC Bank is currently looking for an ambitious, intelligent, goal-oriented, enthusiastic individual for the following position in its Finance Division:
Job Responsibilities:
∎ Responsible for annual budgeting of respective divisions and translating budgets into key cost and revenue drivers, and making a scenario-based forecast on a rolling basis;
∎ Coordinate with related stakeholders, collect data and feed information into the preparation of the strategic plan, and review it on annual basis, monitor execution, and report on progress;
∎ Spot and assess industry news, trend, and regulatory changes and factor those into making a response plan;
∎ Ensure timely production and circulation of regular and ad-hoc MIS and reports to the management committee, board, and business managers to drive business, monitor, and assess performance;
∎ Provide monthly variance reports (budget-actual and month-on-month) to budget controllers, investigate and highlight the reasons for deviations and identify cost-saving opportunities and revenue enhancement options;
∎ Team up with technology and operation to ensure data accuracy and resolve system issues and develop a new reporting tool/data dump in pace with the changes in business objectives and organizational structure;
∎ Work in various ad-hoc cross-functional projects as assigned by the management;
∎ Supply data and information in weekly and ad-hoc business meetings, put forward management and financial agenda, if any, and facilitate decision-making through a consultative process;
∎ Give pre-alerts to functional managers on the deterioration of business, product profitability, Customer Profitability, portfolio quality, cost over-run, and revenue slippage and work together with respective managers to bring things back on track;
∎ Work in partnership with business managers in formulating strategy, setting KPIs, rationalizing cost and improving balance sheet efficiency, and achieving P&L target;
∎ Interpret and communicate numbers, tell the story and deliver insights to respective managers and place numbers at the heart of their decision-making;
∎ Conduct investment appraisal and commercial feasibility analysis, supplement business case with financial numbers, and advise VFM (Value for Money) solutions to Unit heads;
∎ Support Bangladesh Bank audit requirements and responses.
Additional Requirements:
∎ Minimum 8-10 years of corporate experience, preferably in a financial institution;
∎ Proficiency in MS Office - Excel, Word, and PowerPoint;
∎ Working knowledge of Oracle Financials will be an added advantage;
∎ Must possess analytical skills and be data driven in decision-making;
∎ Must have strong interpersonal communication skills;
∎ Be customer-centric, a team player, and keen to develop others.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 10 Apr 2023
Company Information:
∎ 4 Apr 2023
∎ BRAC Bank Limited
∎ Business : BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.
Category: Bank/Non-Bank Fin. Institution
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