Finance Business Partner

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 below:

Job Title: Finance Business Partner

Job ID: 1830

Location: Lagos

Employment Type: Full-time

Duties

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• Work closely with Business Unit Executives to provide financial insights that drive business performance and growth.
• Act as a consultant on major business initiatives, new products and enhancements, and other strategic projects.
• Support the development and execution of business strategies by assessing financial viability and forecasting outcomes.
• Challenge assumptions and provide independent advice to ensure that commercial decisions are financially sound and support long-term success.
• Establish and monitor performance targets for Business Units, aligning financial objectives with operational realities.
• Analyze monthly, quarterly, and annual results and provide actionable recommendations for improvement.
• Provide in-depth analysis to the business, highlighting areas of growth to ensure optimal performance in line with budget and other performance targets.
• Support cost optimization initiatives by evaluating expenditures and proposing efficiency improvements.
• Serve as a key point of contact between Finance and other business functions, ensuring seamless information flow.
• Assess financial risks associated with business decisions and recommend mitigating strategies.
• Ensure compliance with FirstBank Nigeria's policies and regulatory requirements.
• Maintain a robust internal control environment and champion sound risk management practices.
• Identify opportunities to enhance the efficiency and effectiveness of finance-related processes and reporting.
• Champion the adoption of digital tools and automation to streamline financial analysis, planning, and reporting activities.
• Lead or participate in cross-functional projects aimed at driving operational excellence across the Bank.
• Review macroeconomic indices for the upcoming year and provide insights on local and international macroeconomic policies that may influence business performance.
• Review trends in charges, interest rates, and inflation rates for the upcoming year, and determine applicable rates for Business Unit products as part of the budgeting process.
• Drive the review and analysis of Business Unit and product data to monitor performance across channels, products, customer segments, and locations.
• Facilitate the timely annual budgeting exercise and support the Unit Head, Budgeting & Analytics, in ensuring adequate and efficient budgetary control.
• Maintain the security of all information entrusted to the staff.
• Perform any other responsibilities as may be assigned by the Business Partner Lead.

Requirements

Minimum Education:

• First Degree in Accounting, Finance, Economics, Science, or Engineering.
• Master's Degree and/or professional certification in Accounting or Finance (e.g., ACA, CFA, or other relevant professional qualifications).

Application Closing Date

Not Specified.