Head, Finance Operations at Standard Chartered Bank

Ref No: 2100035856
Job: Finance
Schedule: Full-time
Employee Status: Permanent

The Role Responsibilities
Transaction Processing:

• Ensure that the Cost Allocation methodologies are consistently applied and costs are collated accurately for each cost centre
• Review processed invoices for accuracy and completeness
• Handle the month end accruals and amortisations
• Ensure all cost commitments advised are accrued for

Properties Accounting:

• Allocate Properties cost in compliance with the policy
• Ensure notional rent is correctly captured.

Accounts Payable:

• Process  vendor invoices through E-procurement
• Process  Staff claims through T&E and Business Travel Allowance
• Ensure prompt payment of approved insurance premiums, invoices, statutory fees/taxes, etc
• Process all Foreign Exchange (including Recharges) payments

Payroll Processing:

• Process staff salary and payroll deductions

Accounts Maintenance:

• Raise and Process Journals to clear  outstanding entries on all PSGL Accounts

Archiving:

• Ensure Finance Operations documents are kept in a secured environment
• Ensure retrieval is made easy
• Perform other duties as may be assigned by FC or the CFO

Risk Management:

• Fraud / error free environment
• Efficient payments & postings processes
• Minimal level of queries by businesses
• Timeliness in clearing suspense accounts
• Timeliness in responding to Hub issues
• Timely rendition of KCSAs

Governance:

• Ensure adherence to all Processes, Policies and Procedures.

Key Stakeholders
Internal:

• Accounts Processing Officer –Hub
• HR – staff payments
• SCM
• PROPERTIES & Project Teams
• Business Partners
• Finance IS officer

External:

• System Specs - payroll
• Local tax authorities and consultants

Our Ideal Candidate

• University Degree in Accounting with 4 years experience in a medium sized organisation.  Professional qualification is an added advantage.
• Knowledge of PSGL and general high level of computer literacy and understanding of business computing environment
• Good communications and interpersonal skills
• High level of computer literacy is required for processing data in various packages