Insurance & Asset Management at Standard Bank Group – Finance Business Partner –

Finance Business Partner – Insurance & Asset Management at Standard Bank Group

Location: KE, Nairobi County, Nairobi, Westlands Road

Job Type: Full-time

Job ID: 80389382_80328685

Date Posted: 10/4/2023

Job Purpose

As the Finance Business Partner for Insurance & Asset Management at Standard Bank Group, your mission is to collaborate with the Head of Insurance and Asset Management in developing and executing a strategic financial management plan. You will establish robust financial systems and processes, ensuring compliance with relevant legislation and driving operational efficiency. Your role also involves providing in-depth financial analysis and insights into product performance across Insurance and Asset Management.

Key Deliverables

Financial Management

• Analyze and interpret financial and accounting reports to provide valuable financial insights to the business.
• Collaborate with the Head of Insurance and Asset Management and key stakeholders to ensure financial preparation, reconciliation, and reporting align with financial reporting, compliance, and business requirements. Adhere to all accounting policies, processes, and procedures.

Strategy

• Develop and implement a Finance strategy in partnership with the business to achieve Insurance and Asset Management objectives.
• Prepare and analyze financial results, identifying areas for improvement by understanding the macro-economic landscape and its impact on Insurance and Asset Management. Highlight potential risks and opportunities.

Data

• Assist in the preparation of Insurance and Asset Management reports and documents for Leadership Councils on both Group and country-specific levels on a monthly basis.
• Prepare monthly, quarterly, and annual deliverables and reports in alignment with reporting cycles. Review budgetary planning and performance measurement controls to ensure effective reporting.

Risk, Regulatory, Prudential & Compliance

• Review budgetary planning and performance measurement controls to ensure timely completion within specific country regulatory and geographical compliance requirements.
• Oversee product structures and collaborate with product teams to provide financial analysis and insight. Develop new product structures and support the implementation of accounting initiatives.

Technology & Architecture

• Identify gaps in product automated mapping to enhance financial and MIS reporting capabilities. Work with GBM and core banking teams to initiate recommendations for improvement and manage their implementation.

QUALIFICATIONS

Minimum Qualifications

• Type of Qualification: First Degree
• Field of Study: Finance and Accounting

Other Minimum Qualifications, Certifications, or Professional Memberships

• CPA (K) finalist or equivalent

Experience Required

• Product Management: 5 years
• Experience in advising business leaders on financial aspects and relevant stakeholders on decision-making processes and strategic objectives in a financial services environment.
• Financial Insights & Analytics: 5-7 years
• Experience in running income statements to identify problems with general ledger entries. Familiarity with financial controls and practices in a large corporate setting.

ADDITIONAL INFORMATION

To Be Confirmed

SAVE JOB APPLY NOW

Please note: All our recruitment processes comply with applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za.

EXPERT Tips To Be A Successful Applicant

Are you excited about the Finance Business Partner role at Standard Bank Group? Here are some expert tips to help you stand out as a successful applicant:

1. Showcase Your Financial Leadership: Highlight your experience in advising business leaders on financial matters and your contributions to strategic decision-making processes in the financial services sector. Provide concrete examples of your leadership in this area.

2. Demonstrate Financial Insights: Emphasize your ability to analyze income statements and identify issues with general ledger entries. Share instances where your financial insights led to improved financial controls and practices within a large corporate organization.

3. Align with Standard Bank’s Values: Familiarize yourself with Standard Bank’s values and culture. Tailor your application to demonstrate how your skills and experience align with the bank’s mission and objectives.

4. Highlight Regulatory Knowledge: Showcase your understanding of regulatory requirements and compliance in the financial industry. Explain how you’ve ensured adherence to these regulations in your previous roles.

5. Emphasize Technology and Innovation: In the ever-evolving financial landscape, technology and innovation are crucial. Discuss any experience you have in leveraging technology to enhance financial reporting and processes.

By following these expert tips and customizing your application to the Finance Business Partner role, you’ll increase your chances of becoming a valuable member of the Standard Bank Group team. Good luck with your application!