Accounts Clerk Job at African Development Bank (AfDB)
African Development Bank (AfDB) established to strengthen dialogue
between the Bank and the Government is recruiting to fill the below
position:
Job Title: Accounts Clerk
Grade: GS-6
Location: Nigeria
Position N°: 50000710
Reference: ADB/15/043
Objectives
To ensure that:
- The system of internal control around banks and General Ledger reconciliation is adequate, effective and functioning properly.
- Internal control around the bank accounting activities of the
Bank Group is effective by ensuring that the financial transactions
reported on the bank accounts are properly and accurately recorded in
the appropriate accounting period.
- Financial reports of the banking activities of the Bank Group are timely and accurate.
- Reconciliation and clearance of all suspense and
receivable/payable accounts in the general ledger are carried out
properly and in a timely manner.
Duties and Responsibilities
Under the supervision of the Division Manager, FFCO.1, the incumbent will carry out the following functions:
1.) Bank Reconciliation:
- Provide input for technical accounting and policy guidelines on
system implementation projects in the area of bank accounts and the
reporting of due from banks in the financial statements
- Verify the reliability and accuracy of bank balances in the general ledger and trial balance
- Carry out daily reconciliation of bank accounts.
- In liaison with Treasury department (FTRY), ensure that adequate
internal controls are maintained in the opening and closing of new and
old bank accounts.
- In liaison with other data entry personnel, improve the internal control environment related to Bank accounts and transactions.
- Provide input and assistance for internal and external audit of bank accounts.
- Investigate and follow up on all outstanding items on bank
reconciliation statements with responsible persons and Organization
Units.
- Analytically identify old and irrecoverable amounts on bank reconciliation and advise how best to resolve them.
- Ensure accurate and timely reconciliation of banking
transactions for all the bank accounts maintained by the Bank Group and
Trust Funds.
- Provide monthly summary of bank reconciliations and control weaknesses for review by Management
2.) Analysis and Reconciliation of General Ledger Accounts:
- Investigate and ensure reconciliation and clearance of bank related transit suspense / accounts
- Ensure reconciliation of all inter-institution accounts for the Bank Group and bilateral funds.
- Give instructions for the settlement of ail inter-institution receivables and payables for the Bank Group and bilateral funds.
- Liaise with other sections in financial control department (FFCO) for the clearance of items on inter-institutions accounts.
3.) Preparation of Analytics and Reports:
- Preparation of analytical reports showing trends on degradation of the bank account outstanding items
- Preparation of Bank reconciliation reports for use by Section Heads and other colleagues.
Other Duties
- Participate actively in the preparation of the monthly and
quarterly financial statements and other financial reports that require
bank account information.
- Participate in the overall evaluation of internal control around banking activities.
- Carry out other duties as may be allocated by the Supervisor or Division Manager.
Requirements
Including desirable skills, knowledge and experience:
- At least a first degree in Accounting, Finance, Audit, Business
Administration, or Banking. A master’s degree in finance, accounting or
business administration will be an added advantage.
- At least four (4)years of relevant experience;
- Ability to communicate and write effectively in French and/or English, with good working knowledge of English;
- Excellent Customer service record.
- Competence in the use of standard software applications (Word, Excel, Access and PowerPoint, SAP);
How to Apply
Interested and qualified candidates should:
Click here to apply online
Application Deadline 28th April 2015.