Banking Finance Manager

The Banking Finance Manager plays a pivotal role in managing the financial operations, banking relationships, and strategic planning for the organization. The role involves overseeing cash flow, optimizing financial performance, and ensuring compliance with financial regulations. This position requires strong analytical skills, strategic thinking, and expertise in financial management within a corporate environment.

Job Summary:

The Banking Finance Manager plays a pivotal role in managing the financial operations, banking relationships, and strategic planning for the organization. The role involves overseeing cash flow, optimizing financial performance, and ensuring compliance with financial regulations. This position requires strong analytical skills, strategic thinking, and expertise in financial management within a corporate environment.

Key Responsibilities:

Banking and Treasury Management:

• Manage relationships with banks and financial institutions to optimize banking services, lines of credit, and financial instruments.
• Ensure efficient cash management by monitoring cash flows, liquidity, and working capital requirements.
• Negotiate and manage bank facilities, including loans, guarantees, and forex transactions.

Financial Planning and Analysis:

• Develop and monitor budgets, forecasts, and financial models to support strategic decision-making.
• Analyze financial data to identify trends, variances, and opportunities for cost savings or revenue growth.
• Provide insights and recommendations to the Senior Leadership Team to drive financial performance.

Regulatory Compliance and Risk Management:

• Ensure compliance with corporate finance policies, accounting standards, and regulatory requirements.
• Monitor and mitigate financial risks, including interest rate, foreign exchange, and credit risks.
• Oversee the preparation and submission of statutory and regulatory financial reports.

Stakeholder Collaboration:

• Work closely with internal stakeholders, including operations, legal, and procurement teams, to align financial strategies with business objectives.
• Partner with external auditors, regulators, and consultants to ensure smooth financial audits and compliance checks.

Qualifications and Skills:

Education and Certifications:

• Bachelor's degree in Finance, Accounting, Economics, or related field (Master's or MBA preferred).
• Professional certifications such as CFA, ACCA, CPA, or CIMA are highly desirable.

Experience:

• Minimum of 8-10 years of experience in corporate finance, banking, or treasury management.
• Proven track record of managing banking relationships and financial operations in a corporate environment.

Technical Skills:

• Proficient in financial modeling, forecasting, and budgeting.
• Strong knowledge of financial systems, ERP platforms, and MS Office Suite (Excel, PowerPoint).
• Familiarity with regulatory frameworks and compliance standards in the banking and finance sector.

Soft Skills:

• Excellent leadership, communication, and negotiation skills.
• Strong problem-solving and decision-making abilities.
• Ability to manage multiple priorities in a fast-paced environment.