Summary
Date Posted: Thursday, May 12, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Control Management Principal Sr. Officer
I. About Us
Cogebanque (Compagnie Générale de Banque Plc) is a Rwanda based commercial bank, licensed by the National Bank of Rwanda. It started operations in 1999.
It is one of the fastest growing banks in Rwanda and today has 28 branches, over 600 agents, and 36 atms across the country. These are supported by Mobile banking (USSD on *505# and Mobile App “Cogembank”), Cards (Mastercards & Smart cash) and internet banking delivery channels accessible through different media.
Cogebanque has been serving Rwandan industries for over 22 years with innovative services to its customers and has positively impacted the Rwandan economy.
Cogebanque provides a comprehensive range of products and services targeted at corporate, smes and retail customers.

Ii. What Opportunities Do We Have For You?
At Cogebanque we believe our Employees are the bridge to achieving our business development goals and creating sustainable social and economic change in our society. We make it our priority to ensure their growth and comfort while working with the Bank.
Apart from organizing frequent trainings, career building sessions and team building workshops for our Employees, we facilitate you to enjoy our wide range of services and products at favorable terms that ultimately could help you achieve your personal goals.
In the view of the above, Cogebanque Plc is looking External & Internal for inspired innovators, self-driven and highly creative personalities to collaborate with the Bank in taking it to the next level of success. If you feel you have what it takes, we would like to hear from you by applying for the below position/s.
Job Title and requirements Job responsibilities
Control Management Principal Sr. Officer
Grade: Principal Sr. Officer

Position Summary:
Responsible for preparation of management accounting reports, branch and other delivery channel profitability analysis, and variances analysis. The staff will also be participating in the preparation of annual budget and Revised Annual Forecast

Job Requirement
Bachelor’s degree in Business, Accounting, Finance, Economics or closely related field
A Professional qualification in ACCA/CPA, CIMA
• 3 years’ experience in a finance role in a regulated financial institution
• Excellent oral and written communication
• Ability to manage relationships and expectations on various levels
• Excellent interpersonal skills
• Fluent in English and French
• Good planning and organisation skills
• Skills Advanced in Excel Power Point and Word

Key Responsibilities:
Reporting
• Monthly financial report for management
• Monthly management ALCO reports
• Monthly branch performance reports
• Monthly performance reports on ATMs and other delivery channels
• Monthly report on Key performance and regulatory ratios
• Prepare the exceptional reports on monthly basis to facilitate the management in making informed decisions

Financial analysis
• Variance analysis between budget and actuals
• Breakeven analysis for bank’s delivery channels – on quarterly basis

Financial leakage analysis
• Analyze the payback period and NPV for any investments to be done in new branches and delivery channels
• Product profitability analysis – on quarterly basis
• Branch and staff productivity analysis
• Stress testing of key ratios
• The business viability analysis for all bank’s projects
• Cost to income ratio analysis for key operations of the bank.
• Cost benefit analysis for any changes proposed for business operations.
Participate in Budget preparation process
Collect the data from respective branches and departments/units, which is required for budget preparation
Participate in the preparation of revised annual forecast
Provide technical guidance where users have difficulties in using the budget template.
Budgetary control
Work with the manager to check on the capital expenditure budget, before its execution.
Help the manager to confirm the availability of adequate budget for any significant expenses before it occurs.

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
If the position described above speaks to you, send us your application via email at jobvacancies@cogebank.com  by or before 23rd May 2022 marking the subject as “The Job You Are Applying for”. i.e. “Control Management Principal Sr. Officer”

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