Job Title: WB Business Finance Manager
Job ID: 352303
Location: Lagos, Nigeria
Organisation: Standard Chartered Bank Plc
Sector: Banking and Finance
Job Description
Contributes to the right balance of growth, profitability and control of the business by:
• Providing Senior Wholesale Banking management with frequent, complete, accurate, timely and valid information as to the performance of the WB business on a monthly basis.
• Managing the processes and systems for formulating and evaluating business strategies/performance including planning, forecasting and budgeting, advanced analysis of financial data and teams profitability.
• Focusing on design, development, implementation, control and maintenance of management performance processes within WB.
• Support in setting strategy and monitoring progress towards KPI's.
• Ensure the accurate and timely monthly reporting of financial information including compliance to IFRS.
• Preparation of a comprehensive budget and forecasts for the Wholesale Bank
• Prepare monthly Customer Profitability.
• Support ALCO & RALCO related issues which also includes Balance Sheet, RWA and Capital Requirement Analysis.
• Periodic Sales Reporting Issues
• All country Wholesale Bank finance issues
• Build on key team coherence to deliver on Business Support performance objectives.
• Support business to review product program/document with special emphasis on appropriate financial accounting
Key Roles & Responsibilities
Business Partnering:
• Support the Wholesale Bank on strategy and monitor progress towards Key Performance Indicators.
• Actively implement the business partnering concept between Nigeria finance teams and the wholesale Bank.
• Actively implement a consistent path to the Group Business Model and migrates best practice.
Reporting:
• To report Wholesale Bank monthly performance and ensure reports are timely and accurate at both product and customer segment levels. This includes the consistent application of FTP and cost allocation methodologies.
• To further develop and implement comprehensive financial reporting for the Wholesale Bank.
• Review Nigeria business projections for ALCO and RALCO reporting and ensure timely submission to Group Market Risk.
• Ensure that Sales Reports are accurate.
• Ensure the PMI report are of good quality and timely resolve any issues relating to product, data and segment accuracy.
Budgeting and Planning:
• Actively support the formulation of the annual Wholesale Bank budget and Strategy planning.
• Actively support Wholesale Bank Business Heads in developing and
Monitoring the Value Based Management (VBM).
Value Based Management (VBM):
• Assist EDF in formulation of consistent management processes across Nigeria to support the VBM strategy.
Management Control:
• Actively support the EDF in the proper application of accounting principles and disciplines from the Group Management Accounting manual.
Project Management:
• Implement project accounting disciplines and tracking for all pan African and local projects and ensure benefits tracking is carried out.
Unit ORMA UORM
• To report Unit's OR issues and losses from the RP to the FORM.
• To assist FORM in developing and updating of procedures, controls and monitoring plans for Operational Risk Management
• Act as OR Coordinator for the section
• To adhere to the agreed KCSA plans and approach
• To identify and report all exceptions on non compliance with standard controls
• To identify and report all weaknesses inherent in the standard controls
• To maintain proper record keeping on all KCSA related activities
• To maintain independence in the conduct of KCSA, i.e. not selecting and reviewing sample of self-performed transactions
• To own all risk issues within WB Finance
Qualifications & Skills
• A broad appreciation of banking practice and management techniques.
• A good knowledge of Group and local banking accounting procedures and requirements.
• Ability to analyze, evaluate and communicate clearly and logically both in writing and orally.
• A formal business studies qualification – University degree in accounting/finance, MBA and/or professional qualification – CA, CIMA, ACCA, CIS, etc.
• Good interpersonal and communication skills
• An eye for detail and accuracy with a strong analytical capability
In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.
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WB Business Finance Manager Job in Nigeria (http://www.jobnavy.com/job/8895/wb-business-finance-manager-job-in-nigeria-at-standard-chartered-bank-plc/)