Senior Manager, Management Reporting

HBL is looking to hire Senior Manager, Management Reporting for the bank to develop effective management tool for preparation of management reporting, financial planning & budgeting and analysis of financial information. Attached is the detailed JD for the role.

Description:

• Management Reporting – Monthly Management Accounts
• Lead and supervise preparation of monthly profit and loss account and balance sheet in compliance with the format agreed upon to produce accurate and timely financial information, in order to meet business requirements and enable senior management in devising strategies / decision making.
• Manage the financial and business analysis; ensure consistency of reporting and provide commentary on the business performance for internal and external purposes in order to present effective analysis of the financial results of the bank.
• Prepare of board presentation and board commentary on the financial position of the bank quarterly, analyzing the result and present them in effective and constructive manner for lucid explanation of results to board of directors for their evaluation and decision making.
• Financial and business analysis
• Interpret financial data and advise top management on key ratios like cost & profitability and trends that may impact the future performance of the bank. Ensure that accurate and timely business information is presented to management to assist them in decision making.
• Conducting a peer group analysis and find out the reasoning for variation in actual and budgeted numbers to keep strong vigilance upon differences.
• Budgeting
• Initiate planning and budgetary procedures in compliance with bank’s policies to improve the efficiency and availability of quality information to support decision making procedure for the business.
• Schedule the annual budgetary planning cycle and supervise the distribution of all budget materials, forms and templates and necessary guidelines to relevant stakeholder in order to systematize the relevant budget information in effective manner.
• Critically review planning, budgeting and forecasting processes to ensure alignment and delivery of overall financial targets and strategic objectives.
• Monitor expenditure against budgets and advise management of any significant variances to ensure strong control between actual and budget numbers and enable senior management for strategic decisions.
• Compliance and Controls
• Exercise independent judgment, reasonable care, skills and diligence over the matters of management reporting in order to safeguard Bank’s interest.
• Implement internal controls designed over management reporting system to ensure fair and accurate presentation of management accounts for the ultimate users.
• Improvement in Procedures and formats:
• Recommend improvement in procedure and format of management reporting so that all requirement of the senior management is complied with in order to present financial information in the most meaningful manner for effective and efficient strategic decisions.
• Leadership
• Ensure the effective achievement of the departmental objectives through the leadership - Setting individual objectives, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal-in order to maximize subordinate and the performance of the department.

Minimum Qualification:

• Qualified CA/ ACCA with at least 7 years’ experience of Management Reporting in Banking Industry
• FCCAs or ACCA Members are eligible to apply.  

 How to Apply:

Qualified CA/ ACCA graduates are encouraged to share resumes with the placement office. The placement office can then share the received profiles with us at Yamna.tariq@hbl.com