• Application Deadline: Sat, 31 Dec 2022 00:00:00 GMT
• Position: Finance Business Partner


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 10 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Duties & Responsibilities

• To conduct competitive bechmarking, environmental scanning and analysis to generate business insight and actionable recommendations for performance improvement  in the business areas of oversight.


• To facilitate annual bottom up budgeting exercise and ensure adequate planning in the  business areas of oversight.


• To identify and assess MIS issues affecting the business and ensure their correction and conclusinve resolution.


• To support the implementation and maintenance of an effective MIS (Management Information System) reporting process that is accurate and fair in presenitng business performnace.


• To ensure the integrity and completeness of acounts mapped to SBUs under oversight.


• To ensure the correctness of costs allocated and fairness of cost apportioned to SBU.


• To provide adhoc support to the SBU and prepare any reports as required.


• To coordinate all other efforts to enhance performance by the SBU.


• Prepare and analyze the following reports at least monthly and present same to SBUs/SRF at performance review sessions.


• Balance Sheet Review:
  
  
  
  • Volume and growth analysis.
  
  
  • Funding cost analysis (Deposit rates).
  
  
  • Yield analysis.
  
  
  
  


• Product Analysis:
  
  
  
  • Electronic & other Products Sales & Adoption.
  
  
  • Non-Interest Income Analysis.
  
  
  • Cash Transaction Analysis (Identify dumping).
  
  
  
  


• OPEX Analysis:
  
  
  
  • Budget utilization
  
  
  • Cost allocation vs apportionment
  
  
  • Cost optimization
  
  
  • Branch Operations Cost Analysis
  
  
  • Big Spenders’ Cost Engagement
  
  
  
  


• Opportunities & Initiatives:
  
  
  
  • Cross-sell and collaboration.
  
  
  • Market & Environmental scanning.
  
  
  • Strategic initiatives.
  
  
  • Productivity Analysis.
  
  
  • Loss-making branches.
  
  
  
  


• Facilitate the monthly performance review session with SBU/SRF Executives, to discuss the monthly performance report, issues (including cost apportionment, account remapping etc).


• Prepare and analyze monthly/quarterly performance position of the SRF/SBU, and facilitate robust performance dialogues with SBUs and SRFs.


• Facilitate performance clinic sessions with under-performing Business Maanagers and Relationship Managers and offer advise and guidance to improve business  performance.


• Monitor and analyse income allocated to SBU and ensure the corrrectness and completeness of performance reports, including costs, revenues, volumes and products.


• Perform monthly balance sheet, income statement variance analysis.


• Provide periodic competitive analysis for business unit


• Participate in budgeting exercise to ensure adequate inputs and sensible assumptions by the SBU and budgeting teams


• Drive budget cascade to all Group Heads, Team Leads/ Business Development Managers, Business Managers and Relationship Managers and resolve all issues arising therefrom.


• Indentify and ensure full coverage of all individuals in SBU in scorecard and monthly performacne dashboard preparation.


• Identify and collate appropriate data for scorecard generation.


• Generate and communicate scorecards to all individuals in the SBU and SRF being covered.


• Drive adoption of issue management via the bank’s Helpdesk platform and BPM app as appliacble.


• Monitor staff movement, ensure account re-mapping wihin SBU and correct any errors or irregularities.


• Faciliate the resolution of all account mapping related issues and other inter-SBU disputes relating to ownership, income, value-chain, collaboration, cross-sell.


• Educate BM/RMs on peformance reports, strategic initiative, including new initiatives, dashboards and other reports.


• Assist the Business Partner Leads in resolving conflicts arising from scorecards, MIS, expense control, budget of SRF/SBU’s.


• Facilitate enlightenment/training sessions on scorecards and other performance initiatives.


• Facilitate inter-departmental engagements between SBUs and SRFs as may be required to drive business process efficiency or performance improvement


• Identify and implement process effectiveness and efficiency improvement initiatives.


• Develop apps, reports and other tools to enable robus business engagement and administration.


• Maintain the Security of all Information entrusted to the staff.

Job Requirements

Minimum Education:  

• First Degree in Accounting, Finance, Economics, Science or Engineering.


• Master’s Degree / Professional certification in Accounting or Finance.

Minimum Experience:

• 10 years’ industry experience and at least 5 years in a MIS, Finance or accounting role.


• Experience in MIS (Management Information System).


• Proficiency in Microsoft office suite, MS access, SQL, etc.


• Experience in Finance or Accounting.