OPEX Control Analyst/Sr. Analyst

Job Description

Perform OPEX budget process in terms of expenses’ recognition, proper classification & allocation, and cost control & optimization.Prepare the OPEX budget/forecast (personnel & operating expenses) with the support of different stakeholders among the bank, assuring the inclusion of the current spending and any forecasted ones while assuring the best use of the bank resources.Analyse the OPEX budget approval requests related to the entire Bank’s LOBs, in terms of budget perspective, and applying higher level of controlling, respecting the budget approval cycle matrix, to ensure securing the budget availability in a proper manner.Perform the monthly accruals cycle on bank’s expenses level, through coordinating with the entire bank’s LOBs, ensure the correctness of the received accruals in terms of cost allocation & timing of recording, and guarantee delivering the monthly accruals file to be uploaded by Financial General Accounts on the agreed target datesProvide the different expenses owners with a very tailored expenses reports that help in standing on the current situations and supported by the corrective actions, proposals if needed.Perform cost control by establishing and allocating detailed KPIs and by constantly guaranteeing its monitoring compared to approved budget.Keep a close eye on the OPEX of foreign branches and subsidiaries compared to the original targets.Participate in maintaining an efficient OPEX tendering process within the bank that secure the perfect resources planning and align that with the overall bank strategy.

Qualifications

Bachelor’s degree in accounting, Finance, or any relevant discipline Post graduate degree in finance is an assetMinimum 2 – 4 for the Analyst, for the Sr. Analyst from 4 - 6 years of experience in a similar position within the banking & financial servicesSkills:Excellent command of English language Very good communications skillsVery good analytical abilities and problem solverExcellent use of (Microsoft Excel, Accesses and PowerPoint).