BANK OF AFRICA – RWANDA is a private commercial bank operating in Rwanda, providing a comprehensive range of financial solutions to businesses, institutions, and individuals. The Bank commenced operations in Rwanda in October 2015, following the acquisition of AGASEKE Bank, which had been operating in Rwanda since November 2003. Today, BANK OF AFRICA – RWANDA operates 14 branches and a dedicated Business Centre, with eight branches in Kigali and six branches upcountry in Muhanga, Huye, Musanze, Rubavu, Rusizi, and Kayonza.

The Financial Controller will support the Bank's budgeting, financial planning, reporting, and management accounting processes. The role contributes to effective budget monitoring, expenditure control, financial analysis, and the preparation of reliable financial information to support management decision-making and business performance.

KEY RESPONSIBILITIES

3.1. Budget Planning and Management

• Develop and implement budget strategies aligned with the Bank's financial objectives and targets.
• Participate in the preparation of annual and monthly budgets.
• Monitor budget execution and ensure alignment with approved financial plans.

3.2. Expenditure Monitoring and Cost Control

• Monitor daily expenditure and track operating costs against approved budget allocations.
• Identify budget variances, investigate deviations, and recommend appropriate corrective actions.
• Recommend cost-saving measures to improve operational efficiency and ensure the effective use of the Bank's resources.
• Take appropriate measures to ensure that operating expenses remain within approved budget allocations.

3.3. Financial Reporting and Analysis

• Prepare monthly, quarterly, and annual budget performance reports.
• Produce daily financial position reports to support financial monitoring and management decision-making.
• Analyze financial data to identify trends, variances, and opportunities for improved financial performance.

3.4. Portfolio Monitoring and Profitability Analysis

• Produce portfolio exception reports to support business units in monitoring product performance and profitability.
• Analyze relevant financial information to support business performance and informed decision making.

3.5. Management Accounting and Decision Support

• Assist in the preparation of periodic management accounts.
• Provide accurate and timely financial information to support management planning and performance monitoring.

3.6. Management Information Systems and Stakeholder Collaboration

• Contribute to the implementation and effective use of the Management Information System (MIS).
• Collaborate with departments and business units across the Bank on budgeting, financial reporting, and cost management.

QUALIFICATIONS AND EXPERIENCE

A Bachelor's degree in Accounting, Finance, Economics, or a related field. A professional qualification such as CPA, ACCA, or an equivalent recognized certification. A minimum of three (3) years of relevant professional experience in a bank, asset management institution, or audit firm. Demonstrated experience in financial planning, budgeting, and analysis. High proficiency in Microsoft Excel and the ability to analyze financial data effectively.

REQUIRED COMPETENCIES AND SKILLS

Strong analytical, numerical, and problem-solving skills. Excellent financial planning, budgeting, and reporting skills. High proficiency in Microsoft Excel. Strong attention to detail and accuracy. Good leadership and organizational skills. Demonstrated ability to build cohesive teams and achieve objectives through teamwork. Excellent communication and interpersonal skills. Proficiency in both English and French, written and spoken. High standards of integrity, professionalism, and accountability.

• Develop and implement budget strategies aligned with the Bank's financial objectives and targets.
• Participate in the preparation of annual and monthly budgets.
• Monitor budget execution and ensure alignment with approved financial plans.
• Monitor daily expenditure and track operating costs against approved budget allocations.
• Identify budget variances, investigate deviations, and recommend appropriate corrective actions.
• Recommend cost-saving measures to improve operational efficiency and ensure the effective use of the Bank's resources.
• Take appropriate measures to ensure that operating expenses remain within approved budget allocations.
• Prepare monthly, quarterly, and annual budget performance reports.
• Produce daily financial position reports to support financial monitoring and management decision-making.
• Analyze financial data to identify trends, variances, and opportunities for improved financial performance.
• Produce portfolio exception reports to support business units in monitoring product performance and profitability.
• Analyze relevant financial information to support business performance and informed decision making.
• Assist in the preparation of periodic management accounts.
• Provide accurate and timely financial information to support management planning and performance monitoring.
• Contribute to the implementation and effective use of the Management Information System (MIS).
• Collaborate with departments and business units across the Bank on budgeting, financial reporting, and cost management.

• Strong analytical, numerical, and problem-solving skills.
• Excellent financial planning, budgeting, and reporting skills.
• High proficiency in Microsoft Excel.
• Strong attention to detail and accuracy.
• Good leadership and organizational skills.
• Demonstrated ability to build cohesive teams and achieve objectives through teamwork.
• Excellent communication and interpersonal skills.
• Proficiency in both English and French, written and spoken.
• High standards of integrity, professionalism, and accountability.

• A Bachelor's degree in Accounting, Finance, Economics, or a related field.
• A professional qualification such as CPA, ACCA, or an equivalent recognized certification.
• A minimum of three (3) years of relevant professional experience in a bank, asset management institution, or audit firm.
• Demonstrated experience in financial planning, budgeting, and analysis.
• High proficiency in Microsoft Excel and the ability to analyze financial data effectively.