Team Lead, Performance Management (Financial Control) at Parallex Bank Limited

Parallex Bank Limited is a Nigerian financial services provider that operates as a licensed commercial bank, regulated by the Central Bank of Nigeria, the country's central bank and national banking regulator. [1] In December 2023, Parallex Bank was awarded Reputable Bank of the Year by the Global Reputation Forum in UK for being the first bank and only bank to transit to from Microfinance to being a Commercial Bank in Nigeria.

We are recruiting to fill the position below:

Job Title: Team Lead, Performance Management (Financial Control)

Location: Lagos

About the Role

• Are you a performance management virtuoso with a knack for turning numbers into success stories? We’re on the hunt for a Senior Performance Management Officer to lead the charge in preparing and monitoring the Bank’s budget.
• This isn’t just about crunching numbers—it’s about telling the story behind them! You’ll provide periodic updates on budget implementation and performance, keeping both our front-office and back-office teams on track and thriving.
• If you’re ready to bring precision, creativity, and a dash of fun to performance management, we’d love to hear from you!

Responsibilities

• Prepare the Bank’s budget by collaborating with all the Strategic Business Units (SBU) in the Bank.
• Participate in the presentation of the Bank’s budget to Management as well as the Board of Directors to obtain relevant approvals.
• Organize Monthly Performance Review (MPR) sessions across the Bank to evaluate and review budget implementation and performance.
• Periodically review the Bank’s performance management system to ensure best practices.
• Generate reports to monitor and review the Bank’s performance.
• Carry out an analysis of the Bank’s Customers through the Customer profitability report.
• Carry out the preparation and financial analysis of Account Officer Profitability reports (this will entail a review and analysis of each staff’s strengths and weakness and recommendations on areas of improvement to ensure overall profitability for the Bank.

Prepare Management Profitability Report:

• Prepare the Bank’s financial performance to ensure decision making and improvement of overall profitability.
• Design, develop and update a holistic measurement dashboard to track and measure service performance indicators.
• Stakeholder engagement with the Heads of the various SBUs, Branches and internal departments.

Experience and Qualifications

• A Bachelor’s Degree in Accounting, Economics, or any related discipline.
• A minimum of 7 years of professional experience is required, including at least 5 years in the banking sector and 4 years specifically in performance management.
• Knowledge of Financial management systems, accounting policies, and standards, tax management cost accounting, etc.
• Professional Certification is desirable i.e. ICAN, ACCA, etc.

Required Skills and Competencies:

• Budget Boss: You’ve got unwavering skills in budget preparation, management, and project coordination.
• Spreadsheet Sorcerer: Excel spreadsheets don’t scare you, they’re your playground! Bonus points if you’re handy with other accounting tools.
• Presentation Pro: You can break down financial models and present them with panache.
• Financial Detective: Analyzing financial statements and delivering reports is second nature to you.
• Number Ninja: Analytical and numerical abilities that make Sherlock Holmes jealous.
• People Whisperer: Strong interpersonal and relationship-building skills to keep the team humming.
• Communication Ace: You deliver messages clearly, whether in boardrooms or email threads.
• If this sounds like you, we can’t wait to see what you bring to the table!

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the job title as the subject of the mail.