Stanbic IBTC Bank Recruits Team Leader, Accounts Payable

Posted on Fri 19th Jul, 2013 - hotnigerianjobs.com --- (0 comments)

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Group Finance is a corporate function that serves the overall Standard Bank group across a variety of accounting disciplines - internal and external reporting, budgeting and planning, tax, technical accounting and investor relations. It also runs the bank's capital management and regulatory reporting teams and the financial shared services processing centre. Group Finance has its own, dedicated SAP technical support and development team and a new financial systems and process improvement programme team known as Refine.

We are recruiting to fill the above position of:

Job Title: Team Leader, Accounts Payable

Job ID: 11822
Location: Nigeria

Position Description

To undertake all functions associated with recording, reconciliation and payment of both internal and external customers.
Supervise the accounts payable function

Key Responsibilities

Process all local payments for items procured on behalf of Stanbic IBTC Bank (SIBTC), ensuring suppliers are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
Process all foreign payments (through IBC) for items procured on behalf of SIBTC, ensuring suppliers are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
Process all staff claims ensuring the claims are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
Ensure that all payments are recorded, authorized and properly paid in accordance with the bank's policies and guidelines.
Preparing and capturing of journals.
Reconcile monthly major vendor accounts
Calculate, process and post VAT on imported services
Provide proof of payment to the clients.
Supervise the collection of cheques by suppliers
Remit statutory payments (PAYE, VAT, WHT &NSSF) and obtain receipts and certificates.
Monitor all prepayment accounts and investigate any abnormal movements.
Reconcile all prepayment accounts monthly.
Prepare and post standing orders relating to prepayments.
Monitor, prepare and post accruals for unpaid invoices where services have been rendered.
Reconcile stationery control account with physical stock held at the warehouse
Review transactions prior to posting on the system
Playing a leading role in coaching and developing his/her team.

Required Skills and Qualifications

B.Com (Accounting/Finance).
ACCA / ICAN is an advantage
Minimum 3 years' experience in a finance department. Preference will be given for those who have worked in a financial institution.
Computer literacy and knowledge of personal computers and software packages MS Word, MS Excel, MS PowerPoint, MS Access. Working knowledge of SAP, and Equinox is an added advantage.

Required Competencies

Analytical mind with strong orientation to financial analysis.
Good interpersonal skills required in liaising with people at different levels within the bank and suppliers
Adaptable and flexible
Good planning and organisation skills
Ability to multi-task and work in teams
Ability to work under pressure to meet tight deadlines.
A person with high integrity.
Good computer skills (Excel Word, PowerPoint and Outlook).
Dynamic self-starter with a personal ambition to succeed
Proactive
Detail oriented.

Application Closing Date
31st July, 2013

Method of Application
Interested and qualified candidates should:
Click here to apply online

Sorry, this listing is no longer open.

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