Team Lead, Accounts Payable at Standard Bank Group

Standard Bank Group is an African-focused, client-centric, digitally enabled integrated financial services group with compelling competitive advantages. Our strategy is underpinned by our purpose and revolves around delivering simple, relevant and holistic solutions to our clients through their channel of choice in a seamless manner. Our strategy provides us with the path to get there.

We are recruiting to fill the position below:

Job Title: Team Lead, Accounts Payable

Location: Walter Carrington Crescent - Victoria Island, Lagos
Employment Type: Full Time
Business Segment: Group Functions

Job Description
To undertake all functions associated with recording, reviewing and reconciling payments and GL accounts:

• Review and post all transactions prior to posting on the system for payments for items or services procured on behalf of Stanbic IBTC group.
• Ensure vendors are paid timeously, correct amounts are paid and accounts are accurately allocated with proper authority obtained.
• Reconcile daily and prepare proofs of, the 3 ACB interface accounts, Cash advance GL, GL 2808000, 5205004, 5119008, the IC receivable and payable Accounts and other specific suspense accounts used by the team, ensuring the outstanding amounts <3days old.
• Ensure up-to-date Intercompany billing and follow closely on payment on a monthly basis.
• Review and reconcile the prepayment accounts while ensuring accurate amortization and that there are no unamortized amounts.
• Monitor, prepare (where applicable) and post accruals for unpaid invoices as advised by business units and ensure adequate provisions and month end allocations are made as applicable before close of each month.
• Ensure smooth run of month end activities, support and manage/monitor team in all month-end processes to ensure deadlines are met and there are no disruptions to day to day and month end activities.

Qualifications

• BSc Accounting, Economics or a relevant field.
• Professional certification can be an added advantage.

Experience:

• Minimum of 2 to 3 years’ experience in a finance department in a financial institution.
• Experience working with SAP & Finacle Core can be an added advantage.

Additional Information:
Behavioural Competencies:

• Adopting Practical Approaches
• Challenging Ideas
• Checking Things
• Developing Expertise
• Embracing Change
• Examining Information.

Application Closing Date
Not Specified.

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