Assist the revenue assurance manager in implementing a fully functional revenue assurance function in the bank under finance department
Revenue Assurance, General Accounting, data extraction, mining and analysis
Conduct monthly interest income analysis
Conduct monthly interest expense analysis
Review all fees and commission reports prepared by the revenue assurance team
Compile all the revenue leakage reports and communicate the same to relevant departments and branches.
Follow up on closure of all the issues raised
Fast track on total revenue leakage and recoveries done give an update on a monthly basis
Prepare a weekly MD’S briefing
Prepare a monthly CORC report
Liaise with operations on need basis on process changes to help in curbing revenue leakages.
Drive cost reduction, especially direct or product related costs in order to drive product, channel and segment profitability
A degree in Finance, Economics, Commerce or related field
A master’s degree in economics, finance or business administration will be an added advantage
Excellent knowledge of Microsoft office suite and other visualization tools such as PowerBI
Knowledge in the below systems would be an added advantage:
Structured Query Language (SQL)
Oracle systems and database
Good Knowledge of general accounting principle and practices
Highly developed written and verbal communication and presentation skills
The incumbent will be responsible for enforcing underwriting controls in the branch including on-barding, certificates, booking of business, documentation, Implementing underwriting guidelines, processes and procedures to ensure quality underwriting and business, ensuring profitability of the branch through quality control and on-boarding, ensuring quality documentation, timely turn around and maintaining excellent customer service and retention support.
The job holder will be responsible for meeting production targets, both new and renewal by generating new and maintaining business from all channels in all the regions.