Finance Analyst - Business Banking at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Group Finance is a corporate function that serves the overall Standard Bank group across a variety of accounting disciplines – internal and external reporting, budgeting and planning, tax, technical accounting and investor relations. It also runs the bank’s capital management and regulatory reporting teams and the financial shared services processing centre. Group Finance has its own, dedicated SAP technical support and development team and a new financial systems and process improvement programme team known as Refine.

We are recruiting to fill the above position of:

Job Title: Finance Analyst - Business Banking

Job ID: 12530
Location: Nigeria

Position Description

• Overall responsibility for finance related activities for business banking.
• Responsible for contributing to overall business banking strategy
• Actively participate in preparing detailed business banking budgets annually as well as rolling forecasts.
• Assist in periodic performance reporting for the business taking into consideration various segments, products and channels.
• Continuous contribution to business decisions in terms of providing insights and offering finance professional advice to the business at all times.
• Responsible for ensuring that costs are properly authorised and correctly captured for the business.
• Actively participate and intimate the business on rationale for indirect cost allocations with underlying activities.
• Actively participate in their periodic management meetings and contribute from time to time.
• Serve as interface between the business and other finance functional areas.
• Actively participate and contribute to the overall PBB business and finance objectives.
• To provide insights and detailed business driven commentaries in financial reports.
• Support the business in understanding key changes within the business environment and finance principles – especially with providing impact analysis and recommending alternative courses of action.
• Smooth engagement and positive perception from the business as a key supporter and enabler.
• Continuously seek for ways to improve performance through continuous automation of manually generated reports.
• Proactively anticipate the business needs and requirements from time to time.
• Analyse and understand cost drivers for the business and support them in making cost efficient decisions.

Key result areas:

• Timely and delivery of budget and revised estimates
• Timely, consistent and accurate monthly reporting
• Early identification of problem areas
• Swift and effective problem resolution
• Monthly analysis resulting in greater understanding of business
• Effective financial controls, which operate as designed
• Cost reduction initiatives and other key provincial financial objectives attained

Required Skills and Qualifications
1) Qualifications:

• Tertiary accounting qualification
• Professional Accounting qualification (e.g. CA, ACCA )

2) Experience:

• Minimum of 6 years post qualification experience.
• In depth understanding of Nigerian GAAP
• Computer literacy and knowledge of personal computers and software packages such as MS Word, MS Excel, MS PowerPoint, MS Access. Working knowledge of SAP and Equinox is an added advantage.
• Good communication and presentation skills at a senior level

Required Competencies

• Ability to analyse and evaluate data for acceptability and correctness.
• Analytical mind with strong orientation to financial analysis.
• Ability and experience in communicating with all levels of management regarding management information needs.
• Good interpersonal skills required in liaising with people at different levels within the bank.
• Willingness to get involved in detail
• Good planning and organisation skills.
• Strong report writing skills.
• Dynamic self-starter with a personal ambition to succeed.
• Ability to work under pressure to meet tight deadlines.
• A person with high integrity.
• Excellent computer skills particularly in MS Word, MS Excel and MS Access, Power Point.
• Work within a team environment
• Accountable and self starter

Application Closing Date
12th February, 2014

Method of Application
Interested and qualified candidates should:
Click here to apply online