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Head, Finance Operations At Standard Chartered Bank Nigeria

Date Posted: 03/Jun/2014
Deadline: Not Specified
  • Specialization Admin / Finance
  • Industry
  • Experience 0 year(s)
  • Location Nigeria

Job Description

•Processing of invoices and payments in line with approved DA limits
•Posting of Operating costs, Fixed Assets, Purchases, Other Payables and Receivables
•Supervise daily clearance of outstanding items.
•Review of Operating Costs and depreciation / amortization, trends and suggest remedial action
•To drive the Cost allocation for Product Processing Costs and CRES costs.
•Maintenance of key control standards

Key Roles & Responsibilities

1. Transaction Processing

•Ensure that the Cost Allocation methodologies are consistently applied and costs are collated accurately for each cost centre
•Review processed invoices for accuracy and completeness
•Handle the month end accruals and amortisations
•Ensure all cost commitments advised are accrued for
•Process all cross border recharges

2.Fixed Assets Accounting
•Prepare Asset addition/disposal batches for processing by hub
•Review additions and disposal prior to depreciation run
3.CRES Accounting
•Allocate CRES cost in compliance with the policy
•Ensure notional rent is correctly captured.

4.Accounts Payable and Branch Claims
•Process  vendor invoices through E-procurement
•Process  Staff claims through T&E and cash advance payments
•Ensure prompt payment of approved insurance premiums, invoices, statutory fees/taxes, etc
•Process all Foreign Exchange (including Recharges) payments
•Track the utility allowance per eligible staff

5.Payroll Processing
•Process staff salary and payroll deductions

6.Operational Risk
•Ensure all general and business KCSAs are done
•Manage diary  for control logs in finance operations

7. Archiving
•Ensure Finance Operations documents are kept in a secured environment
•Ensure retrieval is made easy.

8. Perform other duties as may be assigned by FC or the CFO

Qualifications & Skills

•University degree in accounting with four years experience in a medium sized organization
•Professional qualification is an added advantage.
•Knowledge of PSF Systems and general high level of computer literacy and understanding of business computing environment
•Good communications and interpersonal skills

In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.

Diversity & Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

Method of Application

Interested and qualified? Click the Apply now button to send your application

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