Finance Business Partner

March 30, 2022

Job Description

First Bank of Nigeria Limited (FirstBank)

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.
We are recruiting to fill the position of:
Job Title: Finance Business Partner
Job Identification: 489
Location: Lagos
Job Description

To conduct competitive bechmarking, 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 conclusinve resolution
To support the implementation and maintenance of an effective MIS (Management Information System) reporting process that is accurate and fair in presenitng business performnace
To ensure the integrity and completeness of acounts 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

Balance Sheet Review:

Volume and growth analysis
Funding cost analysis (Deposit rates)
Yield analysis

Product Analysis:

Electronic & other Products Sales & Adoption
Non-Interest Income Analysis
Cash Transaction Analysis (Identify dumping)

OPEX Analysis:

Budget utilization
Cost allocation vs apportionment
Cost optimization
Branch Operations Cost Analysis
Big Spenders’ Cost Engagement

Opportunities & Initiatives:

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
Minimum Education:  

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

Minimum 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.

Application Closing Date
13th April, 2022 at 04:45 PM
Method of Application
Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit


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