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Business Strategy Support Analyst
Britam
Nairobi | Full Time | Banking / Financial Services
End date 02 Aug 2024
Job Purpose:
- The role holder will be responsible for providing relevant insights that help the organization make better decisions, identify possible new growth initiatives, and build a pipeline of opportunities for partnerships.
- They will gather, review, and test data and apply measures to provide solutions to critical business issues and decisions.
- He/she will ensure that the business has strategically aligned its resources and costs to the efficiently deliver strategy by investing in areas that really matter and running lean on areas that matter less and that the business has an aligned, supportive and focused decision making and organization culture.
Key responsibilities:
- Establish priorities in line with the company overall strategy. Work with Business heads to establish and continuously review the group’s key strategic priorities and translate them into strategic initiatives;
- Ensure all strategic initiatives meet shareholder ROI requirements and are in line with the Group’s risk appetite.
- Support the strategic planning process by working with the respective businesses in defining performance metrics and targets, designing new processes and establishing performance dialogues that cascade through the organization based on data, developing dashboards that are data driven and ensuring alignment across all BUs.
- Implement data analytics projects to help manage the organization through data and to drive performance based on data and insights arising from deep analytics.
- Work with BU heads to translate strategy into actionable and quantitative plans; Lead the development and innovation of new strategic initiatives and assist management in decision making.
- Provide actionable insights to improve strategy and performance through financial analysis and modelling.
- Develop dashboards, executive summaries, and weekly/monthly reports to measure against KPIs and market dynamics.
- Identify potential business issues and develop contingency plans to effectively mitigate risks.
- Contribute to key accounts by project managing work streams and/or leading delivery teams.
- Present findings from analysis to external and internal clients/stakeholders.
- Undertake market analysis/modelling, portfolio metric reporting, and operational support related to the firm/team’s strategy.
- Ensure all strategic initiatives are incorporated into yearly budgeting cycle.
- Where necessary, partner with business leaders, special committees, and consultants to support execution of key strategic initiatives.
- Deliver on performance requirements as defined in the Strategy and EPMO department’ strategy map, balanced scorecard and Personal Scorecard.
- Maintain a healthy and updated enterprise wide projects portfolio dashboard with the ability to quickly generate management reports on the portfolio status at any point in time. It is expected that the portfolio will consistently have projects at various staged of the project management lifecycle all the way from ideation to benefits realization.
- Provide key inputs for the annual financial integrated report and support its development from conception to completion.
- Engage with investors or plan investor meetings to discuss the strategy and progress.
- Able to create high level PowerPoint presentations on strategy and performance and present to relevant audience.
- Delegated Authority: As per the approved Delegated Authority Matrix.
Key Performance Measures:
As described in your Personal Score Card.
Knowledge, experience and qualifications required
- Bachelor's or Graduate's Degree in business, business administration, computer science, economics, statistics or equivalent experience.
- Experience with frameworks, statistics, and algorithm design with strong quantitative and financial modelling skills and Proficiency in Microsoft Office tools Excel, PowerPoint, Access, etc.
- Certification in the Balanced Scorecard or Project Management etc. would be an added advantage.
- 3 – 5 years relevant experience in strategy development and implementation, business planning and analysis or in strategy consulting.
- Comfortable utilizing business case development and strategic thinking to solve problems.
- Excellent verbal and written communication skills to clearly articulate the insights from findings to management and relevant stakeholders.
- A good financial/ commercial and business acumen with proper understanding of financial statements.
- Comfortable negotiating and collaborating with others and must be able to work with cross-functional teams.
Technical/ Functional competencies:
- Strong in Strategic analysis and understanding of various methods; PESTEL/STEEP analysis, SWOT analysis, Porter’s Five Forces Framework, Ansoff Matrix, Value Chain Analysis.
- Excellent financial modelling and analysis skills including.
- Excellent networking, interpersonal and presentation skills.
- Flexibility and adaptability.
- Excellent in written and oral communication skills.
- Project management skills – preferably a formal project management qualification e.g. Prince2.
- Excellent PowerPoint and Excel skills.
- Knowledge in Diversity management.
- Ability to drive change.
- Stakeholder Management.
- Report writing-ability and ability to develop business cases.
- Strategic Planning.
- Decision making –ability to make strategic decisions in a timely and effective manner.
- High moral and ethical standing.
- Highly motivated.