Management Reporting / Analytics Job at Standard Chartered Bank Plc - Nigeria

Started by Jobrib, Mar 06, 2013, 11:30 PM

Jobrib

Job Title: Management Reporting/Analytics

Job ID: 372246

Location: Lagos, Nigeria

Organisation: Standard Chartered Bank Plc – SCB Nigeria

Sector: Banking and Finance

Job Description:

• To act as back up to the Head of CB Business finance  

• Ensure the monthly financial performance report is accurate and complete

• Produce a detailed profitability review of existing products and new products

• Collate the CB monthly  forecasts in conjunction with VC GMs

• Provide financial input into the drafting of PAR within the CB business

• Provide the operational and competitive trends likely to affect the business operations, including performance gaps and suggested remedial action

• Actively review and implement strategies to ensure value for money and a lean cost base

• Ensure the necessary Financial Control disciplines are kept within the CB Business

• Provide financial input into the PPD review process

• Collate and consolidate the CB business budget

Key Roles & Responsibilities:

Business Analytics:

• Collect and present relevant financial data to help in the formulation of the strategy of the businesses.

• Partner business in establishing a low, and value for money cost base

• Assist business in analysing variance reports and variations from stated strategies

• Assist business to undertake the financial analysis of the Business monthly financial performance  

• Undertake regular financial analysis of new and existing products within each of the Business Value Centres highlighting the impact on business performance and the risks of such products

Reporting:

• To ensure CB monthly reporting is timely and accurate at both product and Value centre levels. This includes the consistent application of the Funds Transfer Pricing and Cost Allocation methodologies

• Ensure all CB revenue and costs have been factored into the monthly management reports

• Provide back-up details of CB revenue and costs as required

Budgeting and Planning:

• Provide financial inputs and collate the formulation of the Business operating plans/budget

Financial Control:

• Undertake regular checks to ensure that the financial control policy is consistently applied in CB

• Track all the CB value centre costs and commitments to ensure they are in line with the agreed strategy and business plans

Project Management:

• Assist in the evaluation of projects (through post implementation reviews) which are specific to the CB Value Centres in accordance with Group and local guidelines.

• Provide financial inputs into the preparation of PARs

Operational Risk:

• Act as the Responsible Person for WB business Finance  

• Ensure that the planned actions to correct the observed control gaps and exceptions are promptly undertaken.

Others:

• Undertake ad hoc projects and assignments as agreed with Line Manager.

Qualifications & Skills:

• MBA in Business, or Accounting or Professional Qualification – CIMA, CPA, ACCA or its equivalent

• 4 – 6 years banking experience is required.

• High level of computer literacy and understanding of business computing environments

• Knowledge of the Banking practice and Products

• Strong knowledge in Management Accounting principles

• Strong analytical skills and an eye for detail

• Good communication and interpersonal skills

• Team builder

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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