Jobs at First Bank of Nigeria Limited

Job Identification: 1725

Duties & Responsibilties

• Support the Finance Business Partner in budgeting, forecasting, and financial planning for various business units.
• Conduct detailed financial analysis, variance analysis, and trend reporting to inform business performance and identify improvement opportunities.
• Assist in the preparation and review of monthly, quarterly, and annual management reports for senior management and regulatory bodies.
• Collaborate with business units to gather, validate, and document financial and operational data, ensuring accuracy and completeness.
• Identify, recommend, and track key performance indicators (KPIs) in line with business objectives and regulatory requirements.
• Develop business cases and financial models to support new initiatives, product launches, or strategic projects.
• Support in facilitating financial review meetings, preparing presentations and supporting documentation as needed.
• Ensure compliance with internal controls, financial policies, and regulatory standards applicable to the Nigerian banking sector.
• Act as a liaison between finance, IT, risk, and other support departments to resolve issues and drive process improvements.
• Participate in special assignments and ad hoc projects as directed by the Finance Business Partner and Head of Finance.
• Identify and collate appropriate data for scorecard generation 
• Cascade the business unit’s budget to the the groups, teams, desks and relationship managers
• Prepare customer profitability analysis for RMs on request.
• Track performance effectively.
• Generate and communicate scorecards to End-Users
• Assist in the resolution of conflicts arising from Scorecards, MIS, Expense control, Budget of these groups
• Facilitate robust performance dialogues.
• Facilitate enlightenment/training sessions on scorecards and other Performance Initiatives.
• Maintain the Security of all Information entrusted to the staff.
• Any other responsibilities as may be assigned by Business Partner

Job Requirements
Education:

• First Degree in Accounting, Finance, Economics, Science or Engineering.
• Master’s Degree/Professional certification in Accounting or Finance (ACA, CIBN or similar professional qualifications).

Experience:

• Experience in MIS (Management Information System).
• Proficiency in Microsoft office suite and leading analytics tools, SQL, etc.
• Experience in Finance or Accounting.
• Minimum of 6 years’ relevant experience, in MIS, Finance, Forecasting, budgeting or finance role

go to method of application »

DUTIES & RESPONSIBILITIES

• Daily review and reconciliation of Account Balances in Treasury Application, i.e., Calypso to Core Banking Application Balances.
• Daily review and reconciliation of Treasury suspense Account.
• Daily validation of the previous day’s closing positions of Treasury Products (Fixed Income Securities, Placements & Takings, Fx and Derivatives).
• Daily review & validation of Receivables, Payables and Contingent Accounts of Treasury Products.
• Daily root-cause analysis of variances, raise exceptions against originating users/departments and/or obtain approvals for corrections (where applicable).
• Daily GL-Blotter Reconciliation to ensure all deals consummated by Treasury dealers are documented in the blotter and posted into the Ledger, with prompt escalation of all outstanding. 
• Timely preparation and delivery of Daily Profit or loss Report for Treasury Products for Trading Desks & other Units.
• Monthly validation of the completeness of Fixed Income Securities & Pledges held by the bank in S4, CSCS & FMDQ and other depositories.
• Monitor the compliance of Treasury units with the Product Control Framework and other regulatory guidelines on Treasury Products.
• Monitor the Suspense Accounts for Treasury Products to ensure that only verifiable unsettled trades are held in such accounts (where applicable).
• Handle the creation/modification of Accounting Rules, Account Mapping, Static Filters and other requirements for new/existing Treasury Products.
• Support the Financial/Management Reporting Team by providing analytical insight into the performance/positions of Treasury Products.
• Support process improvements around the Treasury Business Value chain (Trading Desks, Risk Management, Settlement Operations, Internal Control).
• Support the management of audits relating to the Treasury Business & Products (Internal, External & Regulatory Audits).

Job Requirements/Qualifications

• Bachelors Degree in Accounting, Economics or any related field. 
• Must possess at least 5 years’ relevant experience in a similar role. 
• CFA or ACA/ACCA; Accounting or related Bachelors.