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  • Posted: Jan 11, 2022
    Deadline: Jan 18, 2022
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  • Guaranty Trust Bank plc is a foremost Nigerian financial institution with vast business outlays spanning Anglophone/Francophone, West Africa, East Africa and the United Kingdom. The Bank presently has an Asset Base of over 2 Trillion Naira, shareholders funds of over 200 Billion Naira and employs over 10,000 people in Nigeria, Cote d'Ivoire, Gambia, G...
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    Expense Control Officer

    Industry: Financial Services

    Job Summary

    • To control and maintain daily operating and capital expenditure through centralized payments, reporting and monitoring and negotiations.

    Duties / Responsibilities

    • Monitor Actual expenditure to approved budget and pledge
    • Prepare daily, monthly, quarterly reports for all Capex and Opex transactions
    • Prepare and render periodic proofs for System Control
    • Allocate and avail OPEX and CAPEX budget on all expense lines
    • Review and avail approved extrabudgetary and re-allocation requests
    • Ensure adherence to expenditure approval limits
    • Participate in service/price negotiation with suppliers, vendors and service providers
    • Carry out periodic price research and market survey
    • Ensure prompt payment for services rendered to the organization
    • Ensures adherence of payments to approved pledges/budgets
    • Keep database of all transactions processed and drafts issued
    • ​Carry out compliance checks on payment supporting documents before posting.

    Education and Experience

    • Solid analytical skills, with background in Accounting, Statistics, Economics or Mathematics
    • Knowledge of expense reporting tools
    • Added advantage – use of SAP Business by Design.

    Required Skills/Abilities:

    • Budget and cost management skills
    • Analytical Skills
    • Excellent negotiation skills
    • Communication skills
    • Good knowledge of reporting tools
    • Multitasking and Organizational skills
    • Proficiency in MS Word, PowerPoint, and Excel.

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