Summary
Date Posted: Thursday, November 14 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose Statement
Oversee that Accounts Payable function for procurement and suppliers is carried out efficiently and in a controlled manner. Enforce the Expense Management Guidelines for proper cost control.
Oversee the maintenance of fixed asset registers, including additions, update of asset details, disposals and write-offs of assets.

Key Accountabilities (Duties and Responsibilities)
• Identify opportunities within the various units and channels for efficiency improvement.
• Provide yardsticks at cost centre level. Periodic production of cost centre reports highlighting variances against budgets and prompting concerned units to institute corrective actions.
• Ensure that all projects are properly documented and that the documentary evidence of approvals by the relevant Committees.
• Ensure that all projects have a post implementation review (PIR) and challenge the Business owners to include the projected benefits into their future budgets Accounts Payable and Cost Controls
• Oversee that Accounts Payable function for procurement and suppliers is carried out efficiently and in a controlled manner. Enforce the Expense Management Guidelines for proper cost control.
• Ensure quick turnaround time in approving expenditure Requests; as well as processing payments
• Monitor and review the branch expenses through petty cash process and ensure that the branches get approvals for any variations
• Maintain a proper and up to date inventory of all Fixed Assets of the Bank in an automated Fixed Assets Register.
• Ensure that all the stages of Fixed Assets life cycle covering acquisition, depreciation, movement, revaluation and disposal are correctly recorded and accounted for Reconcile the Fixed Assets Registers to the General Ledger on a monthly basis.
• Collate and provide accurate information required by regulators, rating and lending agencie

Job Specifications
• Academic Qualifications:

• University Degree in Finance, Accounting or Business Studies.

• Fully qualified Certified Public or Chartered Accountant or similar qualification.

• Desired Work Experience: Minimum 2 years’ experience in an accounting or audit environment
• Experience in Accounts Department
• Experience in maintaining a Fixed Assets Register and FAR reconciliation procedures
• Good interpersonal skills and good verbal and written communication skills.
• Good numerical skills
• Good computer skills, especially MS Excel



Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure

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