Standard Chartered Bank Nigeria Vacancy : Head, Finance Manager needed

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 for the position of:

Job Title: Head, Finance Manager-WB Finance

Job ID: 363237

Job Description

• To add value to the strategic direction, planning, budgeting and performance of the business in support of the Nigeria country CFO, GM & OCC. Heads, Head WB Finance Africa
• To improve performance management and business partnering through:
• Enhancing analytics to provide value add insight into the WB business
• Improving quality of reporting and other Finance related metrics
• Developing a good understanding of the WB business and supporting the business in managing capital and driving performance management by instituting a risk/reward culture.
• Enhancing the cost and investment management by developing a strong understanding of the entire WB cost base.
• By adding more value to the function and assist Business Heads in decision making through understanding the soft spots in WB business.
• To enhance the Financial control environment and ensure that there is continuous improvement in existing processes, infrastructure and capabilities
• To take a keen interest in the implementation of new or enhanced accounting/banking systems for the region ensuring that mappings, product codes and accounting treatment are correct
• To enhance WB Finance performance for Nigeria and contribute to best practice within Africa.

Keys and Responsibilities

Budgeting and Planning

• Provide financial input and co-ordinate the formulation of the Business operating plans/budget and monitor progress towards its achievement, drawing attention to important trends opportunities to maximise earning and minimise risk.

Business Partner

• 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 in all matters relating to WB Customer Profitability Reporting
• Partner business in establishing a low, and value for money cost base
• Assist business in analysing variance reports and variations from stated strategies
• Regularly highlight performance and execution gaps from agreed strategies and recommend remedial actions
• Ensure that the WB balance sheet is aligned to deliver performance targets and continuously leveraged to deliver optimum revenues.
• Perform regular segment, customer and product profitability reviews to ensure that value i snot being destroyed.
• Act as Financial advisor to the WB business in matters relating to Finance

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

• Provide financial input and co-ordinate the formulation of the Business operating plans/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
• Ensure adherence of Wholesale Banking to the Financial Control Policies
• Ensure that the WB business complies with taxation, capital, regulatory and statutory accounting requirement.

Capital Management

• To assist the CFO, Nigeria on capital management issues.

Project Management

• Assist in the evaluation of projects which are specific to the WB Business in accordance with Group and local guidelines and contribute fully to their implementation
• Assist business in preparation of PARs
• Ensure that project accounting disciplines and tracking mechanisms ( including benefits tracking )are in place for all WB projects

Operational Risk

• Act as the responsible person for Finance Business Operational Risk Group
• To review the operational risk reports for the unit (KCSA, KRI, SORE, LSORE) as required.

Others

• Undertake ad hoc projects and assignments as agreed with Line Manager and the Heads of Global Markets and OCC.

Qualifications & Skills

• 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 player and builder

Application Closing Date  for this vacancy at standard chartered bank of nigeria
17th December, 2012

Method of Application for this vacancy at standard chartered bank of nigeria
Interested and qualified candidates should:
Click here to apply online

Note: When the page opens, at the Location drop down, select Nigeria - SCB and click Search, then click Head, Finance Manager-WB Finance

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