finance products controller job at zenith

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Finance Products Controller Job at Stanbic IBTC Bank Plc

Posted: 15 Jul 2013 07:56 PM PDT

Job Title: Finance Products Controller

Employer: Stanbic IBTC Bank Plc (part of Standard Bank Group)

Sector: Banking and Finance

Job ID: 11766

Location: Lagos, Nigeria

Division Group: Finance

Position Category: Group Finance – Finance & Business Services

Employment Type: Full Time – Permanent

Shift: No

Regulatory Approval: Yes

Position Description: To provide a routine product reporting on income statement and balance sheet and reconciliation function within the Product Control Division of Global Markets Finance

Important relationships:

• Front-office

• Global Markets Financial Control

• Back offices – recons, accounting, etc.

• Market risk

• IT – front office, country and central core banking support and SAP support

Key responsibilities:

• Profit and loss – daily calculation, reconciliation and reporting.

• Balance sheet product accounts– daily calculation, reconciliation and reporting.

• Currency positions – daily reconciliation between front end dealing systems and core banking system.

Key performance measures:

• Daily calculation of P&L, utilising market data from Market Risk and Deal Data from front end dealing system and Core Banking System.

• Daily reconciliation of the P&L and product balance sheet between front office dealing systems, core banking systems, general ledger and dealers, utilising market data from Market Risk and Deal Data from front end dealing system and Core Banking System.

• Daily reporting, analyses and investigation of P&L and product balance sheet.

• Investigation and resolution of daily P&L and balance sheet variances.

• Preparation of periodic P&L and balance sheet summaries/analyses.

• Liaison with all front office related areas (recons, front-office, back office and market risk).

• Internal client liaison.

• Ad-hoc assignments, projects and systems work.

• Design relevant business processes and system deliverables to implement new products and systems according to Global Markets Financial Control requirements.

Required Skills and Qualifications:

Knowledge: Finance/Accounting Degree, ACA, ACCA,CFA or any other relevant financial degree.

Experience: 4-5 years experience working in a product control or similar environment (finance or risk support role would be sufficient)

Required Competencies:

Personal Competencies;

• Communication skills

• Strong numerical skills

• Quick learner

• Sound interpersonal and team skills

• Ability to deal with conflict effectively

• Query solving

• Attention to detail

• Integrity

Problem Solving;

• Investigation of daily P&L and Balance sheet variances.

• Assist in designing business processes on relevant system implementations

• Ad-hoc queries

Planning;

• Daily time management – tasks are generally completed daily

• Month-end/year-end pressures are limited to analyses and reporting                                                                                                                                                   Applicant should forward their cv to urgentrecruitment345@gmail.com

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