Available Jobs - Banking / Financial / Insurance(4)
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Available Jobs Banking / Financial / Insurance
PURPOSE OF THE JOB
To ensure efficient and cost effective day to day running of the financial affairs of the Company, financial reporting based on the financial accounting processes, maintaining a sound control environment.
Proper maintenance of accounting records including custody of the general ledger, capturing, maintenance and supervising all entries in the GL.
Accurate processing of all financial transactions.
Production of financial reports including monthly management accounts, regulatory returns, interim and final financial statements.
Administration of a comprehensive set of controls to maintain a strong control environment within ACL.
Oversee procurement and payment processes and administer relevant controls
Supplier Payments administration.
Asset register maintenance.
Working with Treasury on Cash flow management and Liquidity Management
Tax Management, preparation of QPD’s, and generally ensuring compliance with the Income Tax Act
Assist in Due Diligence to Credit Line and potential Credit Line providers.
Petty cash administration.
Human Resources Administration work.
Internal and External Audit Management.
Assisting CFO as and when requested.
Competence in computerized financial reporting systems is highly desirable
Ability to analyse and interpret financial figures.
Ability to prepare and present concise reports;
Good financial reporting and analysis skills
Must have working knowledge of various computer programmes such as MS Excel, Ms Power point, and MS Word and Accounting packages.
Ability to establish, implement and review control systems.
PURPOSE: To direct and oversee the company’s banking operations function relating to central operations, branch operations, trade services operations, treasury operations and cards/ electronic banking operations.
REPORTS TO - Managing Director
SUPERVISES - Branch Operations personnel
DEPARTMENT - Banking Operations
Key Job Responsibilities/Duties
Establish and review key operational risk indicators/key control standards and formulate action plans to minimize the Bank’s exposure to fraud and losses.
Manage the Bank’s operational risk exposure by supporting the Business to identify areas of operational risk exposure and by developing and implementing corrective action.
Design, develop and keep updated the Banks’ Operations Manual and ensure compliance to all operational guidelines, processes and procedures.
Responsible for re-engineering business processes to improve customer service, cost effectiveness and controls. Ensure compliance with Regulatory requirements relating to Banking Operations.
Ensure that effective documentation is in place, in the form of user guides and implement operational improvements to reduce operational costs, tighten controls, improve service quality and customer service.
Manage the Banking Operations Department (staff and budget).
Ability to develop a Banking Operations Manual and to see to its implementation.
Demonstrable experience delivering major business process reengineering projects
Knowledge of banking procedures and policies
Ability to translate regulatory requirements into operational plans and actions.
Detailed understanding of operational risk analysis
Knowledge of treasury operations and trade finance.
Proficient in the use of Microsoft Office Tools.
The position requires knowledge of both commercial and personal line policies.
Researching policies from different insurers
Arranging insurance cover
Negotiating for the best deals
Dealing with renewals
Helping to change existing policies
Collecting any premiums
General admin duties
Preparing reports for underwriters
Liaising with other insurance professionals
Finding new clients and forecasting their future needs
Attention to detail
Good at researching and analysing information
Ability to multitask
Responsible for developing and managing the bank’s retail strategy and for optimizing retail performance to maximize revenue. Responsible for the overall management of Retail Banking including Retail and Operations, its internal controls and strategic planning.
Responsible for formulating Operational and Credit Policies and Procedures including adaptations.
Oversee ACL’s Operations and Retail Banking activities and managing all branch staff.
Manage the development of human resources. ESSENTIAL FUNCTIONS/RESPONSIBILITIES
Management of Branch Network
Oversee the management and staff of the branch network and guide them in their daily activities
Maintain a high standard of discipline within the branch network and ensure that all managers are performing to expectation;
In conjunction with the MD and other relevant Departments, recruit, hire, train, support and motivate branch network staff;
Quality Control and Administration
Manage the application of policies, norms and procedures at the branch level and supervise that business operations are working according to procedures;
Set performance contracts and monitor performance per procedures for the branch managers;
Implement the performance management system for the branch managers.
Supervise that the branch network maintains up-to-date and accurate client records;
Organize and maintain neat, up-to-date and accurate files regarding performance of all branch managers.
Perform analysis on financial indicators and provide reports for the MD on these indicators including deposits, channels performance, disbursements, client retention, growth of different products, and branch profitability and delinquency.
Ensure that overall and branch reporting is complete and accurate.
Provide timely and accurate information and reports on a regular basis to senior management and the Board of Directors.
Ensure timely delivery and overall supervision and accurate reporting of financial data and performance, and regulatory data.
Collaborate with the Business Development and other Managers to develop the marketing and sales strategy in order to increase the number of clients, maximize sales, and keep current clients.
Product and Systems Development
Maintain and update the operations manuals of policies, procedures and norms;
Evaluate the characteristics of the deposit/Retail and Loan products and make necessary modifications (with the joint agreement of the management team);
Evaluate the procedures used and make necessary modifications when needed.
Financial Planning and Management
Develop annual plans and budgets for the Branch Network and expansion, incorporating input from management team and branch managers;
Approve branch expenses within the budget parameters;
Fulfil all other functions and duties within the scope and intent of the job as maybe required by the MD.
Lead the Branch Network management team.
Supervise Branch Network staff and ensure that all are well motivated.
Mentor and coach staff.
Report any internal control deficiency to senior management and the auditors.
Coordinate, with the Human Resources Department, the staffing and training of the department to ensure efficiency and high quality work.
Supervise all Company Delivery Channels including ATMs, POS, Internet Banking and other technology led projects.
Control the institution’s expenses and investments.
Strong leadership and people management skills.
Strong analytic skills. Ability to conduct analysis of business processes and operations and to think strategically using financial analysis.
Excellent communication skills.
Ability to present financial information effectively to both specialists and non-specialists.
Understanding of financial and banking software packages, preferably familiarity with T24.
Knowledge of micro, small and medium enterprise market segments in Zimbabwe.
Is honest, hardworking, friendly, focused;
Local language skills;
High standards in regards to quality of work;
Able to work independently and as a team member;
Attention to detail;
Experience in banking or microfinance;
Commitment to the social mission of microfinance.