Financial Reporting Officer at Stanbic IBTC

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