Job Vacancy at Stanbic IBTC Bank

Company Description:

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.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
We are recruiting to fill the position below:

Job Title: Finance Manger – Business Banking
Job ID: 37033
Location: Lagos Island
Job Sector: Banking
Job Details

• Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

• To manage reporting and provide analytics that assists Business Banking in making appropriate business decisions

Key Responsibilities/Accountabilities
Preparation of reports that enables business banking space have better understanding of their books

• Outputs and measures:
  • Preparation of business banking Exco pack
  • Preparation of business banking client profitability report
  • Preparation of business banking budget and forecasts

Investigation of BB numbers and the factors that drive them:

• Outputs and measures:
  • Attend to queries from business banking team
  • Provide data on performance drivers for the income statement
  • Guiding the segment heads and leadership of business banking on interpretation of financial reports

Partnering with business banking team and giving guidance on the how to make the best business decisions.

• Outputs and measures:
  • Provide data required to enhance decision making
  • Attend business banking session to provide financial and non-financial information to drive business performance

Participate in budgeting process by collating financial and non-financial indicator to drive the budget:

• Outputs and measures:
  • Developing template that is easy and understandable to the business banking units for budget
  • Guide the various teams as to the preparation of the budget
  • Consolidation of various budget inputs

Relationships:

•  Business banking
• Sphere of influence: Limited to their department only
•  Provide a service to them

Preferred Qualification and Experience
Qualification:

• First Degree in General Social Science, Finance and Accounting
• Professional accountancy certification
• Master’s Degree in Finance and Accounting

Experience:

• 1-2 Years Experience in Finance – Business partnering
• 5-7 Years Experience in Business Support – Operations

Knowledge/Technical Skills/Expertise
Management Accounting:

• The ability to prepare financial reports of costs, cash flows, revenues and related items to inform management decision making.

Financial Acumen:

• Knowledge and understanding of costing, budgeting and finance concepts and the understanding and application of related processes and procedures.

Customer and Client Focused Innovation:

• Focusing attention and efforts on understanding customers (or customer segments) and proactively addressing different customer/client needs. Makes organisational changes or innovates when needed to address customer/client needs.

Aligning Business to Strategy:

• Understands the line-of-sight between strategy and organisational implementation. Translates the organisational strategy into specific decisions and actions to ensure the strategy implementation. Aligns resources to effectively execute against the strategic direction.

Purposeful Collaboration:

• Understands and leverages the dependencies across the organisation and the impact of own actions on the rest of the organisation to create organisation alignment for decision-making and delivery of quality outcomes.

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

Job Title: Finance Analyst – Personal &  Business Banking
Job ID: 37036
Location: Lagos Island
Job Sector: Banking
Job Details

• Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

• To manage reporting and provide analytics that assists Business Banking in making appropriate business decisions

Key Responsibilities/Accountabilities

Key Responsibilities

• Preparation of reports that enable channels (branches) in the personal banking and business banking space have better understanding of their books:
• Outputs and measures:
  • Preparation of branch profitability reports
  • Preparation of daily branch balance sheet
  • Preparation of daily sales report

Investigation of PBB numbers and the factors that drive them:

• Outputs and measures:
  • Attend to branch queries on branch profitability and other reports
  • Provide data on performance drivers for the income statement
  • Guiding the branch network on interpretation of financial reports

Partnering with branch network and giving guidance on the how to make the best business decisions:

• Outputs and measures:
  • Provide data required branch to enhance decision making
  • Attend to adhoc queries from branches including non-financial requests

Participate in budgeting process by collating financial and non-financial indicator to drive the budget:

• Outputs and measures:
  • Developing template that is easy and understandable to the branch network and business units for budget
  • Guide the various teams as to the preparation of the budget
  • Consolidation of various budget inputs

Relationships

• Business banking & Branch Network
• Provide a service to them

Preferred Qualification and Experience
Qualification:

• First Degree in General Social Science, Finance and Accounting
• Professional accountancy certification

Experience:

• 1-2 Years Experience in Finance and Accounting

Knowledge/Technical Skills/Expertise
Management Accounting:

• The ability to prepare financial reports of costs, cash flows, revenues and related items to inform management decision making.

Financial Acumen:

• Knowledge and understanding of costing, budgeting and finance concepts and the understanding and application of related processes and procedures.

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