Job Title: Team leader, Accounts Payable
Employer: Stanbic IBTC Bank Plc (part of Standard Bank Group)
Sector: Banking and Finance
Job ID: 11822
Location: Lagos, Nigeria
Division: Group Finance
Position Category: Group Finance – GEF
Employment Type: Full Time – Permanent
Shift: No
Regulatory Approval: Yes
Position Description: – To undertake all functions associated with recording, reconciliation and payment of both internal and external customers. – Supervise the accounts payable function
Key result areas:
• Process all local payments for items procured on behalf of Stanbic IBTC Bank (SIBTC), ensuring suppliers are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
• Process all foreign payments (through IBC) for items procured on behalf of SIBTC, ensuring suppliers are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
• Process all staff claims ensuring the claims are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
• Ensure that all payments are recorded, authorised and properly paid in accordance with the bank's policies and guidelines.
• Preparing and capturing of journals.
• Reconcile monthly major vendor accounts
• Calculate, process and post VAT on imported services
• Provide proof of payment to the clients.
• Supervise the collection of cheques by suppliers
• Remit statutory payments (PAYE, VAT, WHT &NSSF) and obtain receipts and certificates.
• Monitor all prepayment accounts and investigate any abnormal movements.
• Reconcile all prepayment accounts monthly.
• Prepare and post standing orders relating to prepayments.
• Monitor, prepare and post accruals for unpaid invoices where services have been rendered.
• Reconcile stationery control account with physical stock held at the warehouse
• Review transactions prior to posting on the system
• Playing a leading role in coaching and developing his/her team
Required Skills and Qualifications:
• B.Com (Accounting/Finance).
• ACCA / ICAN an advantage
• Minimum 3 years' experience in a finance department. Preference will be given for those who have worked in a financial institution.
• Computer literacy and knowledge of personal computers and software packages MS Word, MS Excel, MS PowerPoint, MS Access. Working knowledge of SAP, and Equinox is an added advantage.
Required Competencies:
• Analytical mind with strong orientation to financial analysis.
• Good interpersonal skills required in liaising with people at different levels within the bank and suppliers
• Adaptable and flexible
• Good planning and organisation skills
• Ability to multi-task and work in teams
• Ability to work under pressure to meet tight deadlines.
• A person with high integrity.
• Good computer skills (Excel Word, PowerPoint and Outlook).
• Dynamic self-starter with a personal ambition to succeed
• Proactive
• Detail oriented
Apply to this job (http://www.jobnavy.com/job/21292/team-leader-accounts-payable-job-at-stanbic-ibtc-bank-plc/)