Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.

We are recruiting to fill the position below:

 Position:C & IC Finance Manager

JOB PURPOSE

• 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
• Provide financial input on CIC 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 the Bank’s Management Accounting Systems for the accurate and timely collation, analysis and dissemination of information

KEY RELATIONSHIPS INTERNAL & EXTERNAL

Internal

• Hub reporting manager
• Africa CIC Business Partner

External

• Central Bank – Research,
• Research Agencies
• Federal Office of Statistics,
• Financial Institutions,
• External Auditors,
• Stock Exchange etc.

FOR

• Accuracy and reliability of monthly reporting, including forecasting accuracy
• Guidance on overall Africa strategy/ comparison across the Region

CONTRIBUTES TO

• The determination of the CIC financial and management information needs, the formats and the frequency with which these should be produced
• The development of CIC management information systems to facilitate effective decisions by Heads of Global Markets and Corporates and Institutions
• Ensuring compliance to Group standards, regulatory and statutory regulations
• Achievement of CIC budget
• The CIC business strategy
• The understanding of the financial dynamics and dimensions of the CIC business
• The building of CIC operating plans, budgets and forecast
• Maintenance of appropriate financial and project controls

AUTHORITIES

• Authorised to allow processing of all expenditure within delegated authorities/ agreed strategy
• Initiate change requests necessary to satisfy CIC MIS needs in liaison with Heads of GM, CR, BSM and CFO

KEY PERFORMANCE INDICATORS

• Budget /variance reports distributed to Heads of GM, CR within agreed time scale
• Level of queries/corrections to submitted reports
• Tracking of PARs deliverables
• Budget schedules compiled, agreed and submitted within stipulated time
• Level/quality of automated reports
• Audit grade 2 and above0
• % of manual to automated reports
• Quality and timeliness of reports disseminated to Heads of GM and CR

KEY 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 CIC finance manager in all matters relating to CIC Customer Profitability Reporting
• Partner business in establishing a low, and value for money cost base

Reporting

• To ensure CIC 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

KEY RESPONSIBILITIES

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 and Skills

EXPERIENCE/ KNOWLEDGE REQUIRED

• Team builder
• High level of computer literacy and understanding of business computing environments
• Knowledge of the Banking practice and Products
• 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
• Good communication and interpersonal skills
• Strong knowledge in Management Accounting principles
• Strong analytical skills and an eye for detail

JUDGEMENT/ COMPLEXITY

• Integrity and sometimes courage to challenge the actions of peers
• Follow up and monitoring of Customer and Product performance
• Value for money review of projects
• Judgement is called for in determining variables for use in budgeting and financial evaluation of CIC deals and transactions
• Superior levels of judgement are required to assess the impact of CIC business activities on performance, to identify trends early enough to enable effective remedial action to be taken and to facilitate clear understanding of the financial impact of decisions by the Business Heads
• Contribute significantly to the professional management of the Business Support function and in the day to day performance of Business Divisions

How to Apply

• Click here to apply