AVP- Business Finance Global Corporate Finance

Job Title: AVP- Business Finance Global Corporate Finance

Job Description:

The CIB Business Finance team comprises individual functions globally supporting the following products: Global Corporate Finance, Transaction Banking, Global Markets, along with the Coverage function. The unit falls under the Group Finance department and reports to the CFO, IB, CCB & International.

Key priorities of this role include:

• Acting as a trusted Finance advisor on business performance & strategic issues specific to the business.
• Providing world-class financial reporting & support services, adding value through providing professional, independent & objective financial advice, which assists in the achievement of business objectives whilst complying with Group policies and standards, and external statutory obligations.
• Production of financial & management accounting reporting statements for the functional area of responsibility in line with Group reporting standards, whilst maintaining a robust control environment.

The GCF Business Finance function(s) are responsible for all finance matters specific to the business including, but not limited to; Performance, Control, Forecasting, Budgeting & Strategy. In addition, the function provides a key support role to other Group Finance functions; Treasury, Central FP&A, Tax as well as Financial & Regulatory Reporting.

KEY ACCOUNTABILITIES:

Generic Accountability

Business Partnering:

• Enhance value-added business partnership to drive business performance.

Reporting:

• Preparation & development of best-in-class MIS reporting which meets the needs of Business, Department & Group.

Continuous Improvement:

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Products, Policies, Systems, Processes & Procedures:

• Provide inputs for implementation of policies, new products, systems and procedures for the CIB Business Finance team so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.

Specific Accountability

• Contribute towards ensuring Finance acts as a key business partner for Global Corporate Finance (GCF) and a trusted advisor on business performance and strategic issues, helping to drive the business forward.
• Provide key inputs where necessary across business management forums; MIS reviews as well as contribute towards value-added commentary and insight specific to both GCF & other CIB products where necessary.
• Contribute towards the development & rollout of Customer/Segment MIS to support CIB & International.
• Comprehensive P&L analysis including detailed analysis and interpretation of daily, weekly & monthly performance of GCF Business.
• Key business finance contact for all International Coverage & GCF queries, leading discussions, as appropriate, with both the business as well as relevant enablement functions.
• Provide relevant support to VP, Business Finance, GCF & Coverage, ensuring all business transacted is compliant, safe, and sustainable.
• Managing the day-to-day and month-end controls of P&L and Balance Sheet reconciliation, substantiation, and reporting for GCF.
• Manage GCF Account Ownership Verification (AOV) monthly process. Ensure review and submission in a timely and accurate manner.
• Manage Audit (Internal / External) related activities and provide supporting details for all requirements raised.
• Contribute towards the preparation of ADNL subsidiary financials and provide key inputs to the list of requirements raised by external auditors during audit fieldwork.
• Lead CIB transformation initiatives and provide key inputs to ensure successful delivery of all finance deliverables.
• Development and ownership of GCF Business Finance relevant policies and accountability for adherence therewith. Identification & reporting of any policy breaches. Development and implementation of Global operational financial policies and procedures for the specific functional areas.
• Manage projects driven by new regulatory requirements in international locations to ensure the key criteria of the regulation is met in a sustainable, efficient, and effective manner.
• Ensure compliance and control of specific accounting processes and practices for proposed new product initiatives or product variations.
• Maintain key linkages & strong working relationships with senior business leaders within both GCF, Group Finance as well as Senior Management across other enablement functions.
• Work with Treasury on any FTP, capital and liquidity matters affecting both GCF products as required.

Desired Candidate Profile:

• Qualified Finance Professional e.g., ACA/ICAEW, CIMA, CFA.
• Technical knowledge of Wholesale & Investment Banking products.
• Proven ability in direct management of a finance team from a leading International Bank(s).
• Proven ability in liaising & dealing with Business leaders, G-CFO, Enablement heads, Auditors & external consultants.
• Experience with reporting development tools such as Excel, Oracle OBIEE, Power BI, Microsoft Reporting Services.
• Proven leader with an ability to influence strategic decisions at a senior management level.
• Excellent communication skills with a high degree of personal integrity who can deliver under pressure.
• 5 years relevant experience from a leading international bank(s).

Company Industry:

• Banking
• Broking

Department / Functional Area:

• Finance
• Treasury