ANSA Merchant Bank Limited, Financial Services

, Trinidad

Job Summary:  

• We are seeking a highly skilled and experienced professional to join the team as the Head of Financial Planning and Analysis for our Banking and Merchant Banking institutions. The ideal candidate will be responsible for overseeing all aspects of financial planning, budgeting, forecasting, and analysis to support strategic decision-making and drive financial performance. The role is a direct report to the Banking Sector Chief Financial Officer (CFO) and will also have an interface with the Group Finance/Strategy teams.

Job Description:

• Financial Planning and Budgeting:
  • Lead the annual budgeting process, working closely with the CEO, CFO, and other members of the Senior Leadership Team (SLT) to develop comprehensive legal entity and department/divisional budgets aligned with strategic objectives.
  • Ensure the accuracy, completeness, and timeliness of financial plans and forecasts.
  • Monitor performance of actual vs budget monthly and provide insights into variances to drive corrective actions where necessary.
• Financial Analysis and Reporting:
  • Prepare monthly, quarterly, and annual financial reports which the CFO will present to the Board and other senior management and key stakeholders.
  • Conduct in-depth financial analysis to support business operations, profitability analysis, and performance monitoring.
  • Develop financial models and scenarios to assess potential risks and opportunities.
• Strategic Planning Support:
  • Collaborate with senior leadership to develop long-term strategic plans and initiatives.
  • Provide financial insights and recommendations based on analysis of market trends, competitive landscape, and internal performance metrics.
  • Support strategic decision-making processes through financial modeling and scenario analysis, particularly with the Senior General Manager of Operations and the Chief Information and Digital Officer.
• Forecasting and Risk Management:
  • Manage the forecasting process to provide accurate and timely projections of financial performance.
  • Identify and analyze financial risks and opportunities and develop strategies to mitigate risks.
• Team Leadership and Development:
  • Manage and mentor a team of 1-2 Accountants/Senior Accountants, providing guidance and professional development opportunities.
  • Foster a culture of high performance, continuous improvement, and teamwork within the FP&A and wider Finance team.

Qualifications and Experience Requirements:

• Bachelor’s degree in Finance, Accounting, Economics, or related field required; MBA or relevant advanced degree would be an asset.
• Professional certification ACCA/FCCA is required.
• Minimum of 10 years of progressive experience in financial planning and analysis within the banking or financial services industry.
• Understanding of banking products, financial instruments, and regulatory requirements.
• Excellent analytical skills with a demonstrated ability to interpret complex financial data and provide actionable insights.
• Advanced proficiency in financial modelling and forecasting techniques; experience with financial systems and ERP software.

Personal Attributes:

• Strategic thinker with a strong business acumen and the ability to translate financial concepts into actionable strategies.
• Excellent communication and presentation skills, with the ability to interact effectively with senior management and stakeholders.
• High level of integrity and ethical standards.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.