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Reconciliation Officer 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

•Provide report and ensure completeness, validity & accuracy of the GL accounts which local finance holds ownership in line with the FCP manual.
•Maintenance of proper record and documentation of SME investments.
•Maintenance of Fixed Asset Movement schedule and fixed asset register.
•Acts as the tax remittance officer, Insurance officer and as the CBR Officer

Key Roles & Responsibilities

1. Fixed Assets Management

•Prepare fixed assets movement schedule agreeing to the general ledger.
•Ensure proper treatment and classification of all fixed assets.
•Ensure no erroneous entries are posted into the fixed assets accounts.
•Provide documents for all additions to fixed assets.

2.SME Investment accounting

•Prepare SME investment movement schedule monthly.
•Ensure proper tracking of income and repayment on SME investments.
•Manages the SME accounts and ensure proper record keeping and filing.

3.  GL Reconciliation & Controls

•Prepare daily Finance Suspense Reconciliation
•Prepare daily trial balance review.
•Preparation of PSGL Accounts proofs monthly
•Prepare the Fixed Assets Schedule and undertake monthly reconciliation of the fixed assets register with the ledger
•Investigate all Receivables and Payables Accounts
•Propose correcting entries to Finance Operations as required
•Investigate all unusual items of Suspense & Sundry Accounts
•Escalate outstanding items that are within FCP manual thresholds
•Process all cross border recharges and maintain proper records.

4.Tax and Payroll Remittance

•Remit all tax and payroll deductions to the relevant tax authority before deadline.
•Obtain valid receipts and credit notes for the remittances.

5.  Insurance

•Ensure adequate insurance cover for insurable Bank Asset

•Prompt settlement of Premium due on all insurance transaction.

Qualifications & Skills

•Minimum of a Second degree in a relevant course. Professional qualifications in Accounting and Finance e.g. ACCA, ACA plus at least five years work experience in an Accounting department of a financial institution.
•Good Analytical/writing skills
•Knowledge of PSGL 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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