• 2.9.3 Budgeting and cost management


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    Description of role

    Responsible for providing framework for developing and day to day monitoring of budget.

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    Core skills

    • Ability to build spreadsheet models
    • Ability to monitor the budget and provide corrective and remedial actions
    • Ability to develop a consolidated budget and plans
    • Knowledge of accounting and budgeting tools
    • Strong analytical and financial modelling skills
    • Ability to provide an appropriate framework for the development of the budget manual, planning calendar, planning process and monitors compliance
    • Knowledge of general accounting systems, process and practices 
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    Qualification and/ or certification

    • QFSQF Level 3
    • CPA / CMA / ACCA or equivalent qualifications would be useful
    • Relevant experience

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    Industry knowledge

    • Knowledge of banking industry and business
    • Understand local market trends

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    Regulatory compliance of role

    • Knowledge of banking regulatory framework