Job Description
Job Overview
Business Segment: Group Functions
Company: Stanbic IBTC Bank
Location: NG, LA, Lagos, Walter Carrington Crescent
Job Type: Full-time
Job Ref ID: 80449839A-0001
Date Posted: 2/26/2026
Job Description
To undertake all functions associated with recording, reviewing and reconciling payments and GL accounts.
Review and post all transactions prior to posting on the system for payments for items or services procured on behalf of Stanbic IBTC group.
Ensure vendors are paid timeously, correct amounts are paid and accounts are accurately allocated with proper authority obtained.
Reconcile daily and prepare proofs of, the 3 ACB interface accounts, Cash advance GL, GL 2808000, 5205004, 5119008, the IC receivable and payable Accounts and other specific suspense accounts used by the team, ensuring the outstanding amounts < 3days old.
Ensure up-to-date Intercompany billing and follow closely on payment on a monthly basis.
Review and reconcile the prepayment accounts while ensuring accurate amortization and that there are no unamortized amounts.
Monitor, prepare (where applicable) and post accruals for unpaid invoices as advised by business units and ensure adequate provisions and month end allocations are made as applicable before close of each month.
Ensure smooth run of month end activities, support and manage/monitor team in all month-end processes to ensure deadlines are met and there are no disruptions to day to day and month end activities.
Qualifications
BSc Accounting, Economics or a relevant field.
Professional certification can be an added advantage.
Experience:
Minimum of 2 to 3 years’ experience in a finance department in a financial institution.
Experience working with SAP & Finacle Core can be an added advantage.
Additional Information
Behavioural Competencies:
Adopting Practical Approaches
Challenging Ideas
Checking Things
Developing Expertise
Embracing Change
Examining Information
Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za