Vacancy for a Finance Products Controller at Stanbic IBTC Bank
Employment Nigeria
01-Jan-1970
NIGERIA , NIGERIA ,
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.
Group Finance is a corporate function that serves the overall Standard Bank group across a variety of accounting disciplines – internal and external reporting, budgeting and planning, tax, technical accounting and investor relations. It also runs the bank’s capital management and regulatory reporting teams and the financial shared services processing centre. Group Finance has its own, dedicated SAP technical support and development team and a new financial systems and process improvement programme team known as Refine.
We are recruiting to fill the above position of:
Job Title: Finance Products Controller
Job ID: 11766
Job Location: Nigeria
Position Description
- To provide a routine product reporting on income statement and balance sheet and reconciliation function within the Product Control Division of Global Markets Finance
Important relationships:
- Front-office
- Global Markets Financial Control
- Back offices – recons, accounting, etc.
- Market risk
- IT – front office, country and central core banking support and SAP support
Key responsibilities:
- Profit and loss – daily calculation, reconciliation and reporting.
- Balance sheet product accounts– daily calculation, reconciliation and reporting.
- Currency positions – daily reconciliation between front end dealing systems and core banking system.
- Key performance measures:
- Daily calculation of P&L, utilising market data from Market Risk and Deal Data from front end dealing system and Core Banking System.
- Daily reconciliation of the P&L and product balance sheet between front office dealing systems, core banking systems, general ledger and dealers, utilising market data from Market Risk and Deal Data from front end dealing system and Core Banking System.
- Daily reporting, analyses and investigation of P&L and product balance sheet.
- Investigation and resolution of daily P&L and balance sheet variances.
- Preparation of periodic P&L and balance sheet summaries/analyses.
- Liaison with all front office related areas (recons, front-office, back office and market risk).
- Internal client liaison.
- Ad-hoc assignments, projects and systems work.
- Design relevant business processes and system deliverables to implement new products and systems according to Global Markets Financial Control requirements.
Required Skills and Qualifications:
- Finance/Accounting Degree, ACA, ACCA,CFA or any other relevant financial degree.
- 4-5 years experience working in a product control or similar environment (finance or risk support role would be sufficient)
Required Competencies
- Personal Competencies
- Communication skills
- Strong numerical skills
- Quick learner
- Sound interpersonal and team skills
- Ability to deal with conflict effectively
- Query solving
- Attention to detail
- Integrity
Problem Solving:
- Investigation of daily P&L and Balance sheet variances.
- Assist in designing business processes on relevant system implementations
- Ad-hoc queries
Planning:
- Daily time management – tasks are generally completed daily
- Month-end/year-end pressures are limited to analyses and reporting
Method of Application
Interested and qualified candidates should:
Click here to Apply
Application Closes on: 25th July, 2013
Sorry the application deadline for this job has elapsed
