Vacancy title:
Treasurer and Deputy Head of Finance

Jobs at:
AB Bank Rwanda Ltd

Deadline of this Job:
Friday 20th July 2018

Duty Station:
Kigali, Rwanda

JOB DETAILS:
Main Responsibilities

• Being Deputy head of Finance he will work closely with Head of Finance
  Coordinate all reports to the Holding are accuracy and timely submitted to the Head of Finance
• Coordinate activities of the Department in absent of Head of Finance
• Assist the Head of Finance in doing budget and business plan of the bank
• Ensure accurate and efficient cash management within branches and banks
• Arrange and supervise the cash transport
• Keep updated the daily internal liquidity report.
• Set up daily FX rates and monitor both Interest and FX rate movements
• Manage the dealing/trading in the interbank market in foreign exchange transactions; placement in Repo, T-bills, Bonds to ensure timely and efficient service delivery to customers.
• Collect all market data on products, pricing, FX and interest rates and provide advisory to bank on its pricing.
• Negotiate and transact forex deals (SWAPS, Forward, Sport etc) with banks and monitor settlements.
• Ensure timely and accurate reports to Central bank on reserves requirements, Foreign currency exposure, foreign exchange transactions, liquidity report and ensure compliance with regulatory limits.
• Production on a weekly basis liquidity projection report and do stress testing to different scenarios.
• Production of monthly inventory of term deposits, borrowings, investments and provide advisory to the bank on concentration limits and maturity.
• Plan and Monitor all repayments to lenders
• Record all transactions of customers with Central bank current accounts.
• Production on monthly basis the maturity analysis reports of assets and liabilities.
• As ALCO secretary, he is in charge of production of ALCO report and minutes of this ALCO committee
• Perform other duties as assigned by the Head of Finance

Results expected to achieve

• Meeting the target in income for investments
• Efficient management of foreign currencies
• Compliance with statutory limits and lenders covenants
• Accurate planning in liquidity of the bank
• Sufficient available market information for decision making by management
• Good reporting process by the department

Profile / Requirements (for recruitment purposes)

Necessary experience and knowledge

• At least Bachelor degree in accounting, Finance, Economics
• At least 2-year experience in finance of the bank. Experience in Assets and liabilities management (ALM) will be an added advantage.
• Knowledge in interest rate and Liquidity management.
• Strong financial management skills
• Very good computing and data entry skills using Microsoft Excel and Microsoft Word.
• Strong negotiation skills
• Knowledge of financial analysis and interpretation
• Knowledge of regulatory guidelines and policies
• Analytical skills.
• Proven ability and willingness to work in a team as well as an individual.
• Good communication skills

Job application procedure
Qualified and Interested Candidates may apply at AB Bank’s recruitment email at abr-recruiting@abbank.rw

Deadline Friday 20th July 2018

NOTE: Only shortlisted candidates will be contacted.