Senior Manager Business Performance, Budgeting & Reporting – Retail Banking Group & SME Division
Al Rajhi Bank
Total years of experience :20 years, 6 Months
Business Performance, Financial Analysis, Planning, Budgeting & Reporting
o Involved in the preparation of Strategic & Operating Plans of Retail Banking Group & SME Division for the years 2018-2020.
o Overall responsibility to prepare, implement and monitor annual business budgets for all Segments & Departments of Retail Banking Group & SME Division in conjunction with relevant dissection.
o Prepare budget commentary and variance reports for GM & CEO review
o Prepare monthly cost and yield analysis of RBG & SME products, compare with budgets and investigate the adverse or favorable variances
o Prepare and provide commentary on Monthly Performance and Position of RBG & SME Division through Monthly Performance Review (MPR) pack, reviewed and discussed monthly by CEO
o Computing SME RMs & Team Leaders incentives on quarterly basis based on ARB’s incentive criteria
o Critical monitoring of Past Dues and apprising the concerned Business Units before-hand for adopting pre-emptive measures
o Providing input in developing key performance indicators (KPI’s) for Segments & Departments, for the purpose of performance measurement and continued monitoring
o Structuring/Establishing the MIS department for SME Division, a key to successful Business Performance Management & Measurement
o Liaising with Information Technology Department & Business Intelligence Unit to develop/design MIS dashboards and reporting packs for effective business performance measurement along-with planning and budgeting needs
Financial Analysis / Planning & Budgeting
o Involved in the preparation of Strategic & Operating Plans of Corporate Banking Division for the years 2017-2019
o Overall responsibility to prepare, implement and monitor annual business budgets for all Segments & Departments of Corporate Banking Division in conjunction with relevant dissection
o Prepare budget commentary and summary reports for EVP & DCEO review
o Coordinate with dissections to ensure implementation of budgeting exercise
o Vigilant monitoring of actual performance versus budget and strict follow-up for adverse variances
o Liaise with Business Intelligence Unit to develop/design MIS reporting pack for budgeting and other information purposes
o Provide input in developing key performance indicators (KPI’s) for Segments & Departments, for the purpose of performance monitoring, pertaining to budgeted and actual performance
o Prepare, analyze and provide commentary on monthly financial performance pack, covering balance-sheet and P&L of Corporate Banking Division
o Computing RMs/Team Leaders incentives on quarterly basis based on RB’s incentive criteria
Financial Reporting, Budgeting & Management Reporting
o Involved in preparation of Quarterly, Half Yearly and Annual Financial Statements.
o Monthly reporting of Profit and Loss report of Bank’s Consumer Financing (Including Car Financing, Home Financing and Credit Card).
o Preparation of Comparison and Analysis of Top 10 Banks of Pakistan on quarterly basis.
o Prepare, implement and monitor annual business budgets for all groups, divisions, departments and branches in conjunction with the relevant dissection.
o Prepare and assess Capital Expenditure Budget of all existing and new branches, divisions, and departments of the Bank.
o Perform analysis and deployment of budgeting/forecasting tools and templates.
o Prepare budget documentary and variance reports for Board of Directors review.
o Prepare monthly business performances of all branches, groups and various departments and ensure authenticity and credibility of the information.
o Provide management with regular reports on progress towards targets, flagging variations and performing initial checks on reasons for under /over achievement.
o Prepare Cost and Yield analysis that helps management to critically review cost and yield of all products and business units of bank.
o Coordinate with dissections to ensure implementation of budgeting exercise.
o Provide timely and accurate information to the external and internal auditors and compliance function as and when required.
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Budgeting
o Prepare, implement and monitor annual business budgets for all groups, divisions, departments and branches in conjunction with the relevant dissection.
o Prepare and assess Capital Expenditure Budget of all existing and new branches, divisions, and departments of the Bank.
o Perform analysis and deployment of budgeting/forecasting tools and templates.
o Prepare budget documentary and variance reports for higher management’s review.
Fixed Assets Schedule
o Monitor and evaluate recording of Fixed Assets and their depreciation working of all branches and units of the Bank and ensure that relevant information must be presented to Board of Directors in its quarterly meeting for their evaluation and decision making.
Miscellaneous
o Assist Departmental In-charge in meetings with various departments to assess performance, identifying and resolving issues pertaining to budgeting and other MIS.
o Correspondence with Area offices and with branches on budgeting and analytical issues.
o Prepare quarterly financial analysis of the Bank and its comparison with peer banks.
o Analytical review of branch performance like Growth Analysis, Expense Analysis, Volume Rate Analysis, Cost and Yield Analysis etc.
o Review of Non-performing loans portfolio and ensuring compliance with the prudential regulations of SBP.
Supervised and conducted various internal and external audits along-with special assignments (agreed upon procedures).