Stanbic IBTC Bank Vacancies: Financial Controller - Jobs in Nigeria

Stanbic IBTC Bank Vacancies: Financial Controller

Posted on :

26 Feb, 2010

Category :

Banking Jobs in Nigeria

Stanbic IBTC Bank PLC offers its clients a wide range of corporate, investment, business and personal banking products and solutions.  With over 60 branches across the country and over 1500 dedicated staff, the bank is positioned to take care of your banking requirements. The bank recruits a Financial Controller for their Nigerian operations.

Position Description

PURPOSE OF JOB:
To manage all matters relating to the operation of the following key functions within the finance department: financial reporting, accounts payable, accounts receivable, reconciliations overall financial discipline, capital management, taxation and regulatory reporting.
Custodian of the General Ledger, Chart of Accounts, and the central repository for all Financial and Management information for the Bank.
To ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of Financial and Management Reporting
Ensure financial controls and disciplines are in place.
Preparation of financial reports

KEY RESULT AREAS:
To participate in setting the Stanbic IBTC Bank Plc (“SIBP”) finance strategy and objectives.
Ensuring that all internal and external reporting requirements are timeously met, including preparation of monthly and quarterly accounts, Group Accounts and Statutory Annual Financial Statements,
Being the custodian of the General Ledger, Chart of Accounts, and the central repository for all Financial and Management information for the Bank.
Ensure that transactions are correctly and timeously recorded in the books of accounts.
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.
Manage the processing, payment and reconciliation of all suppliers.
Manage all aspects of fixed asset accounting, ensuring that amounts ultimately recorded in the general ledger are correct.
Perform detailed review and analysis of the country numbers to confirm the integrity and resilience of reported results.
Facilitate the design and implementation of reporting systems to provide and communicate quality information.
Manage compliance with tax law in Stanbic IBTC Bank Plc (SIBP) and all tax aspects including transfer pricing, withholding taxes, indirect taxes, PAYE and tax planning
Ensuring compliance with CBN and SARB reporting regulations
Effective management of capital to ensure optimum use.
Understand the business information needs of Head office information receivers and align this with country management information needs.
Provide reliable information and reports to SIBP EXCO to enable them to meaningfully direct the country.
Provision of Technical Advice and Accounting support to other Functional Units.
Formalize finance and accounting processes and procedures (maintenance of the procedures manual)
To support and develop the in country finance teams in creating a finance partnership with business.
Participate in the development of the annual budgeting process
Ensure maintenance of and adherence to Group/Bank accounting policies and procedures.
Liaison with external auditors, tax consultants, central bank, revenue authority, Standard Bank Africa Finance and Group Finance.
Playing a leading role in coaching and developing his/her team.

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