Finance Business Partner, Corporate Banking at First Bank

DUTIES & RESPONSIBILITIES

• To conduct competitive benchmarking, 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 conclusive resolution
• To support the implementation and maintenance of an effective MIS (Management Information System) reporting process that is accurate and fair in presenting business performance
• To ensure the integrity and completeness of accounts 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
  • To analyse, report and generate business insight on products, channels, customers, branches  and Customer Profitability Reports) in the business areas of oversight
  • Prepare the following reports at least monthly and present same to SBUs/SRF at performance review sessions
  • Volume and growth analysis
  • Funding cost analysis (Deposit rates)
  • Yield analysis
  • Electronic & other Products Sales & Adoption
  • Non-Interest Income Analysis
  • Cash Transaction Analysis (Identify dumping)
  • Budget utilization
  • Cost allocation vs apportionment
  • Cost optimization
  • Branch Operations Cost Analysis
  • Big Spenders’ Cost Engagement
  • Cross-sell and collaboration
  • Market & Environmental scanning
  • Strategic initiatives
  • Productivity Analysis
  • Loss-making branches
  • Support and participate in the monthly performance review session with SRF Executives, to discuss the monthly performance review presentation, issues (including cost apportionment, account remapping etc)
  • Prepare and facilitate monthly/quarterly performance review sessions and hold robust performance dialogues with SBUs and SRFs
  • 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
  • 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
  • Drive adoption of issue management via the bank’s Helpdesk platform
  • 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
  • Maintain the Security of all Information entrusted to the staff.

JOB REQUIREMENTS

Education

• First Degree in Accounting, Finance, Economics, Science or Engineering.
• Master’s Degree/Professional certification in Accounting or Finance.

Experience

• Experience in MIS (Management Information System).
• Proficiency in Microsoft office suite, MS access, SQL, etc.
• Experience in Finance or Accounting.
• 10 years’ industry experience and at least 5 years in a MIS, Finance or accounting role