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Senior, Financial Planning and Budgeting

Development Bank of Rwanda (BRD)

The Development Bank of Rwanda is Rwanda’s only National Development Bank mandated to support Rwanda’s development goals. Over the last years, the bank has undergone substantial re-organization aimed at positioning it as an “innovative and sustainable provider of development finance for socio-economic impact”. 

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VACANCY ANNOUNCEMENT

The Development Bank of Rwanda (BRD) Plc is Rwanda’s only national development bank, mandated to support the country’s Vision 2050 development agenda. Over the past five years, the Bank has registered exponential growth, significantly contributing to socio-economic development, strengthening institutional and human capacity, and fostering good corporate governance and risk management practices.

The Bank is currently implementing its revised Strategic Plan (2024–2028), which aligns with the country’s strategic direction to unlock greater value for stakeholders through supporting entrepreneurship, addressing market failures, and promoting impactful socio-economic transformation.

To deliver on this bold vision, BRD’s expanded and refocused mandate is anchored on four strategic pillars:

  • Availing transformational finance
  • Increasing green financing for a resilient future
  • Driving scale and impact
  • Fostering innovation and technology

To meet this ambitious vision, BRD recognizes the importance of investing in top-tier human capital and building institutional strength to remain a center of excellence in Rwanda’s financial sector.

BRD is an equal opportunity employer and is committed to gender equality and inclusivityFemale candidates and persons living with disabilities are highly encouraged to apply.

We invite qualified and dynamic professionals to apply for the following positions:

SENIOR, FINANCIAL PLANNING AND BUDGETING (1)

  • Background Information

Job Title: Senior, Financial Planning and Budgeting

Job Grade: JG 6

Department: Finance

Reports to: Senior Manager, Financial Information Management 

Direct Reports: N/A

Indirect Reports: N/A

  • Purpose of the Job

The purpose of the job is to ensure proper financial planning for the Bank through examination of budget estimates for completeness, accuracy and conformity with procedures and regulations, and to analyze budgeting and accounting reports for the purpose of maintaining expenditure control as well financial projections that would hold in decision making

  • Main Responsibilities of the Job: 
  • Review internal budgets and transaction summaries for accuracy and rate of spending.
  • Analyze financial information (e.g., revenues, expenditures and cash management) to ensure all operations are within budget.
  • Preparation of Budget, forecasts and financial projections
  • Prepare monthly forecast and variance analysis of income, cash flow and capital expenditure per cost center.
  • Prepare and analyze actual versus budget and forecast information for use in monthly management meetings.
  • Prepare monthly budget variance reports that identify trends and support recommendations on cost management.
  • Consolidate departmental business needs and the associated financial impacts of those needs on the budget to facilitate success of the business. 
  •  Implement departmental expenditure controls to enhance financial resource accountability for the bank.
  • Provide advice and technical assistance to user departments on cost analysis, fiscal allocation and budget preparation.
  • Periodically analyze the trends affecting budgets needs and use the information in budget preparation.
  • Preparation and Analysis of the financial projections based on the strategic plan and key assumptions.
  • Prepare a detailed Budget analysis per Cost Center and Projects and their performance.
  • Prepare projections on capital Planning of the Bank and resource mobilization planning. 
  • Financial projection for new projects onboarding for viability and feasibility.
  • Analysis of the Income streams to mitigate any income leakage
  • Operational Responsibilities
  • Availability and reliability of Budget
  • Bank’s performance against the budget set
  • Financial Projection for decision making.
  • Initiatives of efficiency in cost management of the Bank
  • Working relationships 
  • Heads of department
  • Professional, academic qualifications and experience
  • Bachelor’s degree in finance, Commerce, Accounting, Business Administration/ or related field
  • Association of Charted Certified Accountant (ACCA)/Certified Public Accountant (CPA) would be an added advantage.
  • A minimum of three (3) years’ experience working in a commercial bank, auditing or similar institution
  • Core competencies
  • Knowledge of Budgeting and Planning standards
  • Cash flow management experience
  • Experience using Accounting Systems
  • Knowledge of International Financial Reporting Standards and GAAP
  • Experience in Reconciliation of Financial Records
  • Knowledge of relevant legislation including changing accounting standards
  • Excellent knowledge of Cost accounting, modeling and reporting

Application Guidelines: 

Interested candidates must submit their applications via the BRD career portal: (https://www.brd.rw/careers/ ) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, motivation letter, names of three previous supervisors (as one document) as well as their emails and telephone

Only online applications shall be considered

Email-only for inquiries (not application): recruitment@brd.rw

Address all applications to the Head, Human Capital, and Corporate Services of BRD. 

Deadline for application: September 13, 2025. 

The employment package is highly competitive and attractive. 

Only Candidates with the right qualifications and relevant experience shall be shortlisted and contacted for a written test. 

Done in Kigali, September 3, 2025.

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