Officer Finance Job at Stanbic Bank

Officer Finance Job at Stanbic Bank… See details on how to apply for the opportunities available at Stanbic Bank.

Descriptions;

Stanbic Bank is a division of Standard Bank, a member of the Standard Bank Group, based in Johannesburg, South Africa. Stanbic Bank was adopted as a trading name in 1992, when the Standard Bank Group, then known as Standard Bank Investment Corporation, acquired the African operations of ANZ Grindlays Bank. The new name was adopted to avoid confusion with the Standard Bank’s British former parent bank, Standard Chartered Bank, which continued to operate in Africa.

RESPONSIBILITIES:

Accountable for transactional financial data and information integrity through gathering, analysing, interpreting and reporting of financial information.
Review transactional financial data and information integrity to ensure they accurately reflect the operating results of the business.
Analyse and interpret data in order to provide financial management information to business stakeholders for decision making.
Prepare and process all accounting journals and verify that supporting documentation to journals is available.
Analyse and motivate for approval expenditure and in line with supporting documentation. Identify deviations from policy and escalate to finance manager.
Perform a reasonability test on statutory payments due and verifying records against transactional information by performing calculations using specific formulae and procedures
Undertake all functions associated with confirming recording and payment of both internal and external vendors
Ensure that all payments are recorded, authorized and properly paid in accordance with Bank Policies, tax guidelines and in a timely manner.
Responding to payment queries in a timely manner
Preparation of payment runs in the system.
Processing of foreign currency payments.
Processing of staff claims for payments.
Ensure secure and appropriate filling for all documents and vouchers.
Preparation of supplier payment reconciliations
Providing ad-hoc request at the request of management

Preferred Qualification and Experience

First Degree in Finance, Accounting, Business or Economics (Second class upper and above)
Recognized professional certification (CPA (K)/ACCA/CIFA) is a plus.
Ability to analyse and synthesize information, interpret data, retrieve information and communicate the results concisely.
Good data analytics skills.
Working knowledge of accounting software. (Knowledge of SAP, NBOL, Model Bank (T-24), Coupa will be an added advantage.)