/ / / / Job Opportunity at Standard Chartered Bank - Dar es Salaam, Finance Operations Officer

Job Opportunity at Standard Chartered Bank - Dar es Salaam, Finance Operations Officer

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Job Title: Finance Operations Officer - (1900008031)
Job: Finance
Primary Location: Africa & Middle East-Tanzania-Dar es Salaam
Schedule: Full-time
Employee Status: Permanent
Posting Date: 04/Apr/2019
Unposting Date: 19/Apr/2019

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

Job Purpose:
Support the hub in the processing of payments and maintenance of spoke General ledger
Review the fixed assets ledger, ensuring that additions and disposals are properly captured.
Reconcile SUN sundry and suspense accounts on a monthly basis and ensures outstanding items are uplifted before expiry of the entry and monitor them on a weekly basis.
To undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls.
Assist in coordinating, facilitating and promoting understanding of operational risk and in implementation and management of OR within the unit.

Key Responsibilities;

  • Prepare invoices for transmission to the hub, ensuring that invoices not subject to purchase orders are appropriately authorised and coded
  • Ensure all Vendor reconciliations are performed on a regular basis and no long outstanding Vendor payments
  • Ensure that all invoices have a PO number
  • Where cheques are printed locally, load stationary and print cheques
  • Answer queries for unmatched invoices and follow up to close open pending invoices
  • Ensure all stake holders are made aware of direct credits.
  • To report unit’s OR issues and losses to UORM.
  • To assist UORM in developing and updating of procedures, controls and monitoring plans for Operational Risk Management
  • Act as OR coordinator for the section.
  • To adhere to the agreed KCSA plans and approach.
  • To identify and report all exceptions on noncompliance with standard controls
  • To identify and report all weaknesses inherent in the standard controls.
  • To maintain proper record keeping on all KCSA related activities.
  • To maintain independence in the conduct of KCSA, i.e. not selecting and reviewing sample of self-performed transactions.

Key Relationships:
FCU
Accounts Processing Officer –Hub
SSPM
Finance Operation Risk Officer
Business Finance
TRA ( External)

Contributes To:
Delivery of SLA between hub and spoke
Timely Transmission of invoices
Team orientation
Identification of errors/unusual items by Hub

Experience/ Knowledge Required:
University degree. Part professional qualification e.g. ACCA level 1 ,CPA 1 or CIMA or HND with 2 years experience in a medium sized organisation is an added advantage
Knowledge of Sun Systems and general high level of computer literacy and understanding of business computing environment
Good communications and interpersonal skills
Apply now to join the Bank for those with big career ambitions.