Stanbic IBTC Asset Management at Stanbic IBTC Bank – Fund Accountant

Posted on :

29 May, 2015

Category :

Accounting Jobs in Nigeria

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.

Ultimately, Standard Bank’s success is built entirely upon our people. With an unrivalled global reputation for innovation and service, our corporate culture promotes independence, teamwork, and creativity. Optimising this environment and ensuring clarity of goals and communication is just one aspect of the work managed by our HR division, and they now need a Human Capital Business Partner to help them meet these business-critical goals

We are recruiting to fill the position below:

Job Title: Fund Accountant – Stanbic IBTC Asset Management

Job ID: 12853
Location: Nigeria
Employment Type Full Time – Permanent

Key Responsibilities

  • Prepare daily cash reconciliations reports
  • Ensure prompt daily posting of all financial transactions to appropriate funds/portfolios and the respective general ledgers within specified timeline
  • Handle all audit/ review requirements pertaining accounting entries, journal postings and applicable schedules
  • Prepare financial statements in IFRS format
  • Prepare weekly/monthly asset reconciliation
  • Ensure timely settlement of capital market transactions
  • Ensure timely settlement of money market transactions
  • Track and ensure prompt receipt of Corporate actions
  • Prepare daily valuation reports for all the mutual funds
  • Execute fund transfer instructions in line with agreed mandates

Key Performance Measures

  • Execute fund transfer instructions in line with agreed mandates
  • Accurate and timely posting of transactions into the appropriate funds/portfolios
  • Timely resolution of outstanding items on the cash reconciliation
  • No SLA breaches
  • Timely retrieval of Corporate actions and age analysis of outstanding items
  • Seamless preparation of Financial statements and handling of audit issues

Required Skills and Qualifications

Knowledge/ Qualification:

  • B.Sc. Degree in Accounting
  • Chartered Accountant or in the process of becoming one
  • General computer knowledge and proficiency in the use of Microsoft office


  • Minimum of 2-3 years experience in a finance environment

Required Competencies

Problem Solving:

  • Managing work volume i.e prioritizing with a detailed To-do list with specific timelines
  • Management of potential reporting pressures by proactively making ready information that may be required for periodic and or impromptu requests/ enquiries.
  • Supporting team members and other internal partners/ clients


  • Proper organization of tasks to be done on a daily basis and where unexpected requests or tasks come in, they are weighed on a scale of urgency & importance for effective handling
  • Proactive thinking to envisage the next line of action

Decision making:

  • This is done subject to level of availability of information and consideration of inherent risk involved in a particular circumstance. Where a specific scenario is MUD, then decision making is delegated upward.

Personal Competencies

  • Planning, methodical and result oriented
  • Team player & self-motivated
  • Open to change with great minds
  • Ability to work with minimal supervision
  • Positive attitude with a high level of energy and commitment
  • Detailed and analytical
  • Effective communications

Application Closing Date
3rd June, 2015.

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

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