Finance Manager – Wholesale bank
Standard Chartered Bank – Nigeria – SCB (Nigeria)
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Job Description
•Provide financial input on WB deals and transactions to ensure the business complies with taxation, capital, regulatory and statutory accounting requirements
•Assist with project benefits/deliverables within the WB business
•Manage and meet WB reporting deadlines and ensure that reports are as far as possible, reflect business performance.
•Actively review and assist in planning business costs to ensure value for money and a lean cost base
•Manage the Bank’s Management Accounting Systems for the accurate and timely collation, analysis and dissemination of information
Key Roles & Responsibilities
Business Analyst
•Collect and present relevant financial data to help in the formulation of the strategy of the WB Business and monitor progress towards Key Performance Indicators
•To assist the WB finance manager in all matters relating to WB Customer Profitability Reporting
•Partner business in establishing a low, and value for money cost base
Reporting
•To ensure WB monthly reporting is timely and accurate at both product and customer segment levels. This includes the consistent application of the Funds Transfer Pricing and Cost Allocation methodologies
•Assist business to undertake the financial analysis of the Business monthly performance
Budgeting and Planning
•Assist the Business Finance manager in co-ordinating budget and monitor progress towards its achievement, drawing attention to important trends opportunities to maximise earning and minimise risk.
Financial Control
•Review and monitor the business performance against Group policies for Market Risk, Liquidity Management, local regulatory and other statutory requirements
•Manage the WB cost centres
Project Management
•Ensure that project accounting disciplines and tracking mechanisms (including benefits tracking) are in place for all WB projects
Operational Risk
?To prepare the operational risk reports for the unit (KCSA, KRI, SORE, LSORE) for WB Business finance as required.
Others
•Undertake ad hoc projects and assignments as agreed with Line Manager, CFO and the Heads of Global Markets and Client Relationships as the case may be.
Qualifications & Skills
•MBA in Business, or Accounting or Professional Qualification – CIMA, CPA, ACCA or its equivalent plus at least three years experience in a middle management position with relevant / specific banking experience
•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