Manager, Financial Accounting at Stanbic IBTC Bank

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 position below:

Job Title: Manager, Financial Accounting

Job ID: 12833
Location: Nigeria
Division Group: Finance
Position Category Group: Finance - Central Finance
Employment Type: Full Time - Permanent

Job Purpose

• To ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports.
• Custodian of the General Ledger and Chart of Accounts.
• Preparation of financial reports

Key Responsibilities

• Being the custodian of the General Ledger, Chart of Accounts, and the repository for all financial information for the Bank.
• Monitoring all Balance sheet and Income Statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken timeously.
• Reviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processed and the amounts reflected in the general ledger appropriately supported.
• Review of suspense accounts to ensure that these are cleared daily
• Perform detailed review and analysis of the country numbers to confirm the integrity and resilience of reported results.
• Posting of journals on the system.
• Preparation of requisite schedules for the annual audit
• Ensure maintenance of and adherence to Group and Stanbic IBTC Bank accounting policies and procedures.
• Playing a leading role in coaching and developing his/her team
• Act as the secretariat for Internal Financial Control forum

Key Performance Measures

• Implement effective balance sheet substantiation process to ensure GL integrity and accuracy with minimal write off
• Ensure timeous and accurate financial reporting

Required Skills and Qualifications
Qualifications:

• Tertiary accounting qualification
• Professional Accounting qualification (e.g. ACA, ACCA )

Experience:

• Minimum of 8 years post qualification experience.
• In depth understanding of IFRS
• Computer literacy and knowledge of personal computers and software packages such as MS Word, MS Excel, MS PowerPoint, MS Access. Working knowledge of SAP and Finacle is an added advantage.
• Good communication and presentation skills at a senior level

Required Competencies
Technical Competencies:

• Accounting and IFRS knowledge
• SAP and Finacle

Personal Competencies:

• Ready to learn
• Self-starter
• Accountability and Integrity
• Ability to make decisions

Application Closing Date
28th April, 2015.

How to Apply
Interested and qualified candidates should:
Click here to apply online