Financial Reporting Officer

Recruiter
Standard Bank
Location
null, Nigeria
Salary
Competitive salary
Posted
27 May 2022
Closes
26 Jun 2022
Ref
d83fc4e74096
Job role
Accountant
Sector
Accounting - Public practice
Job Details

Test Division Summary

Job Purpose

  • To ensure the overall integrity and accuracy of General Ledger as a basis for the preparation of financial and management reports.
  • Custodian of General Ledger and Chart of Accounts.
  • Recording entries in the general ledger
  • Preparation of financial reports
  • Provide management and other stakeholders with timely and accurate financial


    • Key Responsibilities/Accountabilities

    Key Responsibilities

    Being the custodian of General Ledger, Chart of Accounts, and the repository for all Financial and Management information for the Bank.
  • Effective ownership and management of balance sheet substantiation across the Group
  • Implement processes and procedures to safeguard the bank's resources and financial integrity.
  • Maintain an overview of subsidiary entities
  • Monitoring all Balance sheet and Income Statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions are taken timeously
  • Reviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processed and the amounts reflected in the general ledger appropriately supported

    • BSS substantiation/AssureNet (BDC & SINL), Preparation of group daily dashboard (income statement and balance sheet), Proactive in resolving issues identified on review of account proofs
  • Group daily dashboard to be ready by 10am daily.
  • Monthly proof of GLs must be ready BD 10
  • No aging items in intercompany GLs-(reimbursable items)

    • Preparation of financial reports, coordination of external and regulatory audits
  • Preparation of requisite schedules for the annual audit
  • Coordination of financial statements audits - IFC audits, regulatory, and statutory audits.
  • Perform detailed review and analysis of the country numbers to confirm the integrity and resilience of reported results.
  • Ensuring that all internal and external reporting requirements are timeously met, including preparation of monthly and quarterly accounts, Group Accounts, result publication and Statutory Annual Financial Statements.

    • Provide technical accounting support to business
  • Provision of Technical Advice and Accounting support to other Functional Units
  • Ensure maintenance of and adherence to Group accounting policies and procedures.


    • Minimum Qualification and Experience

    Qualifications and Experience
  • First degree in Finance, Accounting or Mathematical Science
  • ACCA, ACA, CIMA, or relevant accounting/ finance qualification
  • Minimum of three years experience in finance (financial/statutory accounting)
  • In-depth understanding of International Financial Reporting