EABD Financial Analyst

Job Title: Financial Analyst
(1 position)

Tenable in Uganda- tenure up to 3 years

Reporting to Financial Reporting Manager

Job Purpose

To collect, compile and interpret financial data for management. Monitor and report on the Bank’s financial performance to enable management make informed decisions.

Duties and Responsibilities

• Generate financial information necessary for financial planning and budgeting;
• Propose a budget framework for each department, collect and consolidate budget information;
• Prepare monthly, quarterly and annual revenue and expenditure projections for inclusion in the management reports, analyze financial data; prepare monthly reports on the performance of the Bank, departments, and staff against approved financial targets;
• Analyze sales information and prepare information on revenue generation, income ratios, product performance etc against projection and update management accordingly;
• Prepare funding acquisition documentation including proposals to support loan/ grant applications and conjunction with the legal department prepare and/or review and analyze loan agreements/ covenants and advise management accordingly;
• Record and file correspondence related to acquired funds and update accounting system;
• Monitor funding lines including repayments to ensure that the Bank meets its obligations;
• Analyze performance of the Bank’s investments, loan performance and portfolio reviews and update management regularly;
• Determine liquidity requirements and advise the treasury department accordingly;
• Perform interest rate interrogations regularly to ascertain that accruals in the accounting system are accurate;
• Perform adhoc cash and capital reconciliations;
• Carryout internal appraisals to support the Bank’s asset acquisitions and disposals initiatives in liaison with the procurement function;
• Analyze monthly financial statements against budgets and report accordingly;
• Analyze proposed and/ or new national/ regional/global financial policies and advise management on their impact to EADB’s business or clients;
• Analyze the balance sheet structure and advise management on product pricing, areas of focus etc;
• Carry out monthly variance and cost centre analysis and propose cost control strategies;
• Carry out taxation analysis and advise management of the Bank’s obligations;
• In liaison with the risk function, analyze the Bank’s risk exposure and propose mitigation strategies;
• Prepare weekly and monthly management reports analyzing the Bank’s expenditure, income, capital and liquidity positions against projections;
• Prepare weekly management reports showing billing, disbursement and collection transactions; highlight any anomalies for management’s attention;
• Prepare monthly and quarterly management reports showing status on all loans, leases and trade finance showing billing, disbursement and collections vis-à-vis projections;
• Generate information required by internal auditors and other regulatory bodies; and
• Carryout any other tasks assigned by management.

Minimum Qualifications and Experience

• A good Finance, Accounting, or other numerate degree from a recognised University;
• Professional qualifications such as CPA, ACCA or CFA;
• Relevant Post graduate qualification such as an MBA or Masters in Finance;
• At least 5 years experience in a large Bank. Knowledge of donor accounting procedure will be definite advantage;
• Hands on Knowledge and skills in using Flexicube and Oracle Financials systems will be an added advantage;
• Attention to detail, diligence and ability to work with minimum supervision;
• Good report writing and communication skills; and
• High level of integrity; clean track record with evidence of delivering results.

If your career aspirations match this challenging and exciting role, please email your application quoting the relevant job title by 28 May 2011 to Executive Selection Division, KPMG Uganda at the following email address: EADBRecruit@kpmg.org.

Please attach your comprehensive Curriculum Vitae including an e-mail address, daytime telephone contact, qualifications, experience, present position, names and addresses of three referees.

All applications should be sent online by email.

Applicants for all positions must be nationals of the EADB Member States except where expressly indicated.

Candidates who applied for the re-advertised positions should not apply for the same positions.

Only short listed applicants will be contacted.

The EADB reserves the right to appoint a candidate at a lower level.

Successful candidates should be ready to assume duty before 1 August 2011.