Stanbic IBTC Bank Job Vacancy for a Graduate Fund Accountant, February 2015

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.


Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

Stanbic IBTC Bank is recruiting to fill the position below:

Job Title: Fund Accountant - Stanbic IBTC Pension Managers Limited

Job ID: 12789
Location: Nigeria
Division: Wealth
Position: Category Wealth
Employment Type: Full Time - Permanent

Key Responsibilities

• Prepare daily cash reconciliations reports.
• Ensure prompt daily posting of all financial transactions to appropriate funds/portfolios and the respective general ledgers within specified timeline.
• Ensure timely settlement of money market transactions.
• Track and ensure prompt receipt of Corporate actions.
• Prepare daily valuation reports for all the mutual funds.
• Execute fund transfer instructions in line with agreed mandates.
• Handle all audit/ review requirements pertaining accounting entries, journal postings and applicable schedules.
• Prepare weekly/monthly asset reconciliation.
• Ensure timely settlement of capital market transactions.

• Execute fund transfer instructions in line with agreed mandates.
• Accurate and timely posting of transactions into the appropriate funds/portfolios.
• Timely resolution of outstanding items on the cash reconciliation.
• No SLA breaches.
• Timely retrieval of Corporate actions and age analysis of outstanding items.

• B.Sc. Degree in Accounting.
• Chartered Accountant or in the process of becoming one.
• General computer knowledge and proficiency in the use of Microsoft office.

• Minimum of 1-2 years experience in a finance environment.
• Required Competencies.
• Ability to work with minimal supervision.
• Positive attitude with a high level of energy and commitment.
• Detailed and analytical.
• Effective communications.
• Personal Competencies.
• Planning, methodical and result oriented.
• Team player & self-motivated.
• Open to change with great minds.