Last Updated on May 17, 2023
United Bank for Africa Kenya Limited is a commercial bank in Kenya. It is licensed and supervised by the Central Bank of Kenya, the central bank, and the national banking regulator.
Table of Contents
UBA Kenya Recruitment 2023
We are currently recruiting to fill in the following positions;
- Team Member, Strategy & Performance Management
- Team Member, Revenue Assurance
- Team Lead, Revenue Assurance
Team Member, Strategy & Performance Management
ROLES & RESPONSIBILITIES:
Strategic Management
- Assist to Drive strategy/ business planning Group-wide
- Drive the development of business targets for the achievement of the bank’s corporate financial and non-financial goals and objectives
- Continuously review the Group’s operating model for effectiveness and drive high-level organizational alignment Group-wide to eliminate duplications and redundancies
- Define and implement high impact transformational initiatives that deliver tangible and quantifiable business results Group wide
- Derive and implement business insights from regular rigorous economic & environmental assessment including for the purpose of strategic planning and management decision making
- Manage Success Transfer Group-wide (i.e. ensure high impact business and operational initiatives in one subsidiary or business area within the Group, are harvested on a real-time basis, leveraging on technology, and implemented in all other relevant business areas/all subsidiaries Groupwide)
- Provide Strategic Issue Resolution with high impact and quantifiable business results
- Provide executive decision-making support to Executive Management
Performance Management
- Design and manage the Group-wide business performance management system
- Create real-time visibility for business performance for all business and functional areas and subsidiaries in relations to revenue generation, cost management and overall profitability
- Provide regular business performance analysis and competitor performance benchmarking to support decision making for business leaders
- Ensure branch and sales staff productivity through branch performance drive and support to Business Leader
- Institutionalize cost discipline and framework for cost management specific to individual business and functional areas across the Group
- Provide Business Leaders with relevant and accurate internal business reporting to support business drive
Business Intelligence
- Provide economic, market & business intelligence for strategic, tactical and operational decisions
- Gather, analyze and maintain economic data and statistics to provide business insights with the objective of driving business growth, efficiencies and overall profitability Groupwide
- Conduct in-depth market and sectoral analysis and provide regular market intelligence with the objective of identifying business opportunities and inherent risks for guide business leaders
- Conduct in-depth analysis of competitor business activities and performance to provide up-to-date business transformation and improvement insights and benchmark indicators for UBA
- Conduct regular rigorous analysis of internal business activities and performance for comparative and benchmarking purposes.
Financial Planning
- Drive the preparation of the short-term, mid-term and long-term forecasts and financial plans to deliver an optimized and efficient balance sheet and achievement of the Bank’s P&L targets
- Develop and implement appropriate strategic responses to global economic policies and events and their impacts to ensure achievement of the Bank’s Financial Plans
Balance Sheet Management
- Ensure the Group and subsidiaries’ balance sheet structures are optimized and efficient
- Develop the systems to ensure visibility and management of balance sheet activities across business units and subsidiaries group wide to achieve Group’s balance sheet objectives
- Develop timely and quality ALCO reports across the Group and fully implement ALCO decisions on the Group and subsidiaries’ balance sheet structures
- Identify/measure group balance sheet gaps/risk and formulate strategies to manage identified gaps and risks
- Monitor and ensure compliance with Internal Balance Sheet Ratios and Regulatory requirements across the Group.
EXPERIENCE:
- Prior experience in Banking
- CPA Finalist
- Minimum 2 years work experience in either accounting, audit or data analysis
- Holder of an equivalent bachelor’s degree in a finance related discipline, economics and/or any other business-related field
- Knowledge of business performance review and preparation of business performance reports.
- Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
- Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
- Proactive critical thinker with effective planning, scheduling and time management skills
- Highly disciplined, mature and well organized, with a systematic, structured work approach
- Highly effective interpersonal, problem solving & coordination skills
- Highly effective written & verbal reporting (communication) skills
KEY KPI’s
- Achievement of the Bank’s PBT Target
- Achievement of the Bank’s Market Share growth targets in all countries of operation
- Attainment of UBA’s target market value compared to peer banks
- PBT Budget Achievement for the business units
- Achievement of the Cost to income ratio target for coverage businesses
- Achievement of projected Balance Sheet Structure and financial ratios for Group and subsidiaries
- Percentage of profitable branches/business units to total branches/ business unit
- Timeliness and quality of MIS and market intelligence reports as reported by supported business leaders
- Ensure regularity in the conduct of periodic MPRs and QBRs Group wide
Team Member, Revenue Assurance
ROLES & RESPONSIBILITIES:
Strategic Management
- Assist to Drive strategy/ business planning Group-wide
- Drive the development of business targets for the achievement of the bank’s corporate financial and non-financial goals and objectives
- Continuously review the Group’s operating model for effectiveness and drive high-level organizational alignment Group-wide to eliminate duplications and redundancies
- Define and implement high impact transformational initiatives that deliver tangible and quantifiable business results Group wide
- Derive and implement business insights from regular rigorous economic & environmental assessment including for the purpose of strategic planning and management decision making
- Manage Success Transfer Group-wide (i.e. ensure high impact business and operational initiatives in one subsidiary or business area within the Group, are harvested on a real-time basis, leveraging on technology, and implemented in all other relevant business areas/all subsidiaries Groupwide)
- Provide Strategic Issue Resolution with high impact and quantifiable business results
- Provide executive decision-making support to Executive Management
Performance Management
- Design and manage the Group-wide business performance management system
- Create real-time visibility for business performance for all business and functional areas and subsidiaries in relations to revenue generation, cost management and overall profitability
- Provide regular business performance analysis and competitor performance benchmarking to support decision making for business leaders
- Ensure branch and sales staff productivity through branch performance drive and support to Business Leader
- Institutionalize cost discipline and framework for cost management specific to individual business and functional areas across the Group
- Provide Business Leaders with relevant and accurate internal business reporting to support business drive
Business Intelligence
- Provide economic, market & business intelligence for strategic, tactical and operational decisions
- Gather, analyze and maintain economic data and statistics to provide business insights with the objective of driving business growth, efficiencies and overall profitability Groupwide
- Conduct in-depth market and sectoral analysis and provide regular market intelligence with the objective of identifying business opportunities and inherent risks for guide business leaders
- Conduct in-depth analysis of competitor business activities and performance to provide up-to-date business transformation and improvement insights and benchmark indicators for UBA
- Conduct regular rigorous analysis of internal business activities and performance for comparative and benchmarking purposes.
Financial Planning
- Drive the preparation of the short-term, mid-term and long-term forecasts and financial plans to deliver an optimized and efficient balance sheet and achievement of the Bank’s P&L targets
- Develop and implement appropriate strategic responses to global economic policies and events and their impacts to ensure achievement of the Bank’s Financial Plans
Balance Sheet Management
- Ensure the Group and subsidiaries’ balance sheet structures are optimized and efficient
- Develop the systems to ensure visibility and management of balance sheet activities across business units and subsidiaries group wide to achieve Group’s balance sheet objectives
- Develop timely and quality ALCO reports across the Group and fully implement ALCO decisions on the Group and subsidiaries’ balance sheet structures
- Identify/measure group balance sheet gaps/risk and formulate strategies to manage identified gaps and risks
- Monitor and ensure compliance with Internal Balance Sheet Ratios and Regulatory requirements across the Group.
EXPERIENCE:
- Prior experience in Banking
- CPA Finalist
- Minimum 2 years work experience in either accounting, audit or data analysis
- Holder of an equivalent bachelor’s degree in a finance related discipline, economics and/or any other business-related field
- Knowledge of business performance review and preparation of business performance reports.
- Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
- Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
- Proactive critical thinker with effective planning, scheduling and time management skills
- Highly disciplined, mature and well organized, with a systematic, structured work approach
- Highly effective interpersonal, problem solving & coordination skills
- Highly effective written & verbal reporting (communication) skills
KEY KPI’s
- Achievement of the Bank’s PBT Target
- Achievement of the Bank’s Market Share growth targets in all countries of operation
- Attainment of UBA’s target market value compared to peer banks
- PBT Budget Achievement for the business units
- Achievement of the Cost to income ratio target for coverage businesses
- Achievement of projected Balance Sheet Structure and financial ratios for Group and subsidiaries
- Percentage of profitable branches/business units to total branches/ business unit
- Timeliness and quality of MIS and market intelligence reports as reported by supported business leaders
- Ensure regularity in the conduct of periodic MPRs and QBRs Group wide
Team Lead, Revenue Assurance
POSITION SUMMARY:
- As part of the Finance team, the revenue assurance officer will be responsible for ensuring that revenue risks & any potential revenue leakage is timely identified and addressed, implementing established processes to audit internal controls across the entire revenue cycle. This is a broad-based substantive analysis & audit role required to provide comprehensive assurance services across the entire spectrum of the banks revenues, with a view to ensure sufficient coverage of scope overall revenue transaction types.
ROLES & RESPONSIBILITIES:
- Performing regular reconciliation and analysis of revenue streams.
- Documenting revenue flows across critical functions and monitors the same.
- Managing any issue that potentially impacts revenues, from identification through to quantification through to resolution.
- Measuring and tracking KPIs and outcomes against standards, while planning and taking corrective action where required.
- Acting as a Revenue Assurance Subject Matter Expert on projects / initiatives
- Work with cross-functional teams in resolving financial and revenue related issues.
- Perform revenue analysis, calculations and reporting on monthly basis.
- Develop new strategies to improve accuracy and timeliness of revenue management.
- Develop internal finance controls based on industry best practices.
EXPERIENCE:
- Prior experience in Banking
- CPA or part qualified accountant
- Minimum 5 years work experience in either accounting, audit or data analysis
- Holder of an equivalent bachelor’s degree in a finance related discipline, economics and/or any other business-related field
- Knowledge of revenue related risks & internal controls, accounting principles and procedures
- Possess enthusiasm, initiative & a positive can do’ attitude in exceeding expectations
- Be professional, confidential, impartial & trustworthy; with a highly ethical demeanor
- Proactive critical thinker with effective planning, scheduling and time management skills
- Highly disciplined, mature and well organized, with a systematic, structured work approach
- Highly effective interpersonal, problem solving & coordination skills
- Highly effective written & verbal reporting (communication) skills
KEY KPI’s
- Reliability & Integrity of Revenue Forecast
- Reliability & Integrity of Revenue Reported
- Minimizing Revenue Leakage & Loss
- Enforcing Compliance to Revenue Policies
- Timely Resolution of Issues Escalated
- Maintaining Sustainable Daily Operations
- Availability of Complete Documentation for all Audit Procedures carried out through each revenue cycle process.
Method of Application
Use the link(s) below to apply on the company website.