TEAM LEAD, ACCOUNTS PAYABLE AT STANBIC IBTC BANK | ACCOUNTS PAYABLE JOBS IN LAGOS

About Company:

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.

Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

Job Description:

• To undertake all functions associated with recording, reviewing and reconciling payments and GL accounts.

Key Responsibilities

• 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.

Requirements:

Behavioural Competencies:

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

Qualifications and Skills:

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

Salary

Application Closing Date: Not specified

Application Instructions:

Click the button below to apply