About Company
Mauritius Commercial Bank (MCB) is a leading financial institution, not just in Mauritius but across the Indian Ocean region and beyond. With a rich history spanning over two centuries, MCB Group has evolved into a diversified financial services provider, offering a comprehensive suite of banking and financial solutions to individuals, businesses, and corporates. Our commitment to innovation, customer-centricity, and sustainable practices has cemented our position as a trusted partner in economic development. At MCB, we believe in fostering a dynamic and inclusive work environment where talent is nurtured, professional growth is encouraged, and employees are empowered to make a significant impact. Joining MCB means becoming part of a prestigious institution renowned for its stability, strategic vision, and dedication to excellence. We are seeking professionals who are eager to contribute to our continued success and drive financial innovation in a rapidly evolving global landscape.
Job Description
We are seeking a highly analytical and driven Financial Analyst, with a specific focus on reporting and planning, to join the esteemed finance team at Mauritius Commercial Bank (MCB). This crucial role demands a sharp financial mind capable of transforming complex data into clear, actionable insights that will directly influence strategic decision-making across our diverse banking operations. The successful candidate will be instrumental in meticulously preparing detailed financial reports, developing sophisticated financial models, and actively contributing to the budgeting, forecasting, and variance analysis cycles. You will collaborate closely with various departments, providing essential financial perspectives that guide performance management and operational efficiency. This role offers an unparalleled opportunity to work within a leading financial institution, enhancing your expertise in corporate finance, regulatory reporting, and strategic financial management within the banking sector. If you possess exceptional analytical skills, a meticulous attention to detail, and a passion for driving financial excellence within a dynamic environment, we encourage you to apply and become a key contributor to MCB’s ongoing legacy of success. This position is vital for maintaining our competitive edge and ensuring robust financial health, requiring a proactive approach to identifying trends, assessing risks, and recommending strategic improvements.
Key Responsibilities
- Prepare and analyse comprehensive monthly, quarterly, and annual financial reports, ensuring accuracy, integrity, and adherence to regulatory and internal reporting standards.
- Develop, maintain, and enhance sophisticated financial models for forecasting, budgeting, and scenario planning to support strategic decision-making and operational planning.
- Actively participate in the annual budgeting process, collaborating with various business units to gather financial data, establish realistic targets, and consolidate group-wide budgets.
- Conduct in-depth variance analysis, investigating deviations from budget and forecast, and providing insightful commentary and actionable recommendations to senior management.
- Monitor key performance indicators (KPIs) and financial metrics, identifying trends, risks, and opportunities for process improvements and cost optimisation.
- Support business unit leaders in understanding their financial performance, managing expenses, and achieving their financial objectives through proactive consultation.
- Assist in ad-hoc financial analysis, feasibility studies, and special projects as required, including capital expenditure analysis and profitability assessments.
- Ensure strict compliance with internal controls, financial policies, and regulatory requirements, recommending and implementing enhancements where necessary.
- Present complex financial information clearly and concisely to non-finance stakeholders, facilitating informed business decisions.
Required Skills
- Proven experience (minimum 4 years) in financial reporting, analysis, and budgeting, preferably within the banking or financial services sector.
- Advanced proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPs, financial functions, VBA/macros) and PowerPoint for presentations.
- Strong understanding of accounting principles (IFRS), financial statements, and financial modelling best practices.
- Exceptional analytical, problem-solving, and critical thinking abilities with a keen eye for detail and accuracy.
- Ability to manage multiple priorities and deadlines effectively in a fast-paced, demanding environment.
- Excellent communication and interpersonal skills, capable of engaging effectively with stakeholders at all levels.
- High level of integrity, discretion, and a commitment to maintaining confidentiality.
- A proactive and self-motivated approach to work, with a desire for continuous learning and professional development.
Preferred Qualifications
- ACCA, CIMA, or CFA qualification (or actively pursuing).
- Proficiency with financial planning and analysis (FP&A) software (e.g., SAP, Oracle Hyperion, Power BI, Tableau).
- Experience with large datasets and data visualisation tools.
- Knowledge of local and international banking regulations and compliance standards.
- Master's degree in Finance, Accounting, Economics, or a related field.
Perks & Benefits
- Competitive salary package commensurate with experience and qualifications.
- Performance-based bonuses and incentives.
- Comprehensive health, dental, and life insurance benefits.
- Generous pension scheme contributions.
- Opportunities for continuous professional development and support for further certifications.
- A vibrant and inclusive corporate culture that values diversity and teamwork.
- Employee assistance programs for personal and professional well-being.
- Modern office facilities in a convenient location.
- Work-life balance initiatives and generous annual leave.
How to Apply
Interested candidates are strongly encouraged to apply by clicking on the application link below. Please ensure your CV is meticulously updated and clearly highlights your relevant experience in financial reporting, analysis, and planning within a dynamic environment. We eagerly await your application and the opportunity to discover how your expertise can contribute to the continued success and innovation at Mauritius Commercial Bank.