Finance Analyst, Business Banking - Nigeria Job at Stanbic IBTC Bank Plc

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Job Title: Finance Analyst – Business Banking  

Employer: Stanbic IBTC Bank Plc (part of Standard Bank Group)

Job ID: 12530  

Location: Lagos, Nigeria

Division: Group Finance

Position Category: Group Finance – Finance & Business Services

Employment Type: Full Time – Permanent

Shift: Yes

Regulatory Approval; Yes

Position Description:

•  Overall responsibility for finance related activities for business banking.

•  Responsible for contributing to overall business banking strategy

•  Actively participate in preparing detailed business banking budgets annually as well as rolling forecasts.

•  Assist in periodic performance reporting for the business taking into consideration various segments, products and channels.

•  Continuous contribution to business decisions in terms of providing insights and offering finance professional advice to the business at all times.

•  Responsible for ensuring that costs are properly authorised and correctly captured for the business.

•  Actively participate and intimate the business on rationale for indirect cost allocations with underlying activities.

•  Actively participate in their periodic management meetings and contribute from time to time.

•  Serve as interface between the business and other finance functional areas.

•  Actively participate and contribute to the overall PBB business and finance objectives.

•  To provide insights and detailed business driven commentaries in financial reports.

•  Support the business in understanding key changes within the business environment and finance principles – especially with providing impact analysis and recommending alternative courses of action.

•  Smooth engagement and positive perception from the business as a key supporter and enabler.

•  Continuously seek for ways to improve performance through continuous automation of manually generated reports.

•  Proactively anticipate the business needs and requirements from time to time.

•  Analyse and understand cost drivers for the business and support them in making cost efficient decisions.

Key result areas:

•  Timely and delivery of budget and revised estimates

•  Timely, consistent and accurate monthly reporting

•  Early identification of problem areas

•  Swift and effective problem resolution

•  Monthly analysis resulting in greater understanding of business

•  Effective financial controls, which operate as designed

•  Cost reduction initiatives and other key provincial financial objectives attained

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