Sr. FBP Manager - operation

Bank of Jordan

Key Responsibilities

• Develop and analyze key performance indicator (KPI) reports and compare them against approved budgets at the group level, identify variances, investigate their causes with relevant stakeholders, and recommend corrective actions.
• Coordinate between the Finance Department and business units to meet budgeting requirements for relevant departments across the banking group, ensuring adherence to set timelines and supporting monthly forecasting processes.
• Continuously monitor sector-related costs and provide recommendations for cost optimization based on cost allocation outputs, with a focus on reducing expenses across relevant sectors.
• Prepare monthly cost center reports, comparing actual expenses with budgets and prior periods, identifying variances, and coordinating with department managers to implement corrective measures.
• Provide support for sector-related projects and capital expenditures, and develop performance indicators to track the value generated from these projects in alignment with their objectives.
• Develop, implement, and maintain financial controls related to cost allocation in accordance with bank policies at the group level, and propose cost-reduction initiatives related to relevant departments.
• Supervise and review the calculation and validation of projected project costs for relevant departments, assess their impact on the bank s profitability, and evaluate their expected benefits.
• Lead and coordinate the preparation of operating and capital expenditure budgets, including developing standardized reporting formats at the group level, and ensuring the accuracy and realism of budget figures.
• Oversee the extraction and analysis of financial data required for building accurate forecasts to support effective decision-making.
• Enhance financial reporting tools and formats to facilitate easier monitoring of departmental performance within relevant sectors, and present insights to management for decision-making.
• Provide ongoing support to the direct supervisor within the Finance Department by delivering relevant financial data, reports, and analysis aligned with sector requirements.
• Ensure that daily operations of the unit comply with approved policies and procedures, safeguarding the bank s interests.
• Act as a primary or backup member within business continuity and emergency response teams, executing assigned responsibilities to minimize disruption and ensure timely recovery of operations.