Manager, Financial Reporting at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.We are recruiting to fill the position below:Job Title: Manager, Financial ReportingJob ID: 34461Location: Lagos Island, LagosJob Sector: Financial ServicesJob DetailsFinance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.Job PurposeTo ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports.Custodian of the General Ledger and Chart of Accounts.Preparation of financial reportsKey Responsibilities/AccountabilitiesBeing the custodian of the 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 GroupImplement process and procedures to safeguard bank’s resources and financial integrity.Maintain overview of subsidiary entitiesAct as secretariat for the IFC forumMonitoring 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 taken timeouslyReviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processedCost reporting, budgeting and analysis:Co-ordinate and ensure that timely Corporate function operating expenses reports are provided and Corporate functions Heads receive good serviceDrive the required business analysis for making recommendations for cost management improvement.Oversee SIBTC group Opex, investigate variances and provide explanationsPreparation of financial reports, coordination of external and regulatory audits:Preparation of requisite schedules for the annual auditCoordination 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 businessProvision of Technical Advice and Accounting support to other Functional Units:Ensure maintenance of and adherence to Group accounting policies and procedures.Being the custodian of the 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 GroupImplement process and procedures to safeguard bank’s resources and financial integrity.Maintain overview of subsidiary entitiesAct as secretariat for the IFC forumMonitoring 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 taken timeouslyReviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processed Cost reporting, budgeting and analysis:Co-ordinate and ensure that timely Corporate function operating expenses reports are provided and Corporate functions Heads receive good serviceDrive the required business analysis for making recommendations for cost management improvement.Oversee SIBTC group Opex, investigate variances and provide explanationsPreparation of financial reports, coordination of external and regulatory audits:Preparation of requisite schedules for the annual auditCoordination 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 UnitsEnsure maintenance of and adherence to Group accounting policies and procedures. 

Apply at https://ngcareers.com/job/2018-08/manager-financial-reporting-at-stanbic-ibtc-bank-968/