WB Business Finance Manager Job in Nigeria at Standard Chartered Bank Plc

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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