Finance Analyst - Personal & Business Banking at Stanbic IBTC

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.