Standard Chartered Bank Zambia Plc
Standard Chartered Bank Zambia Plc
Posted Job
about 3 years ago

Analyst, Accounts Payable

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Processes

Accounts Payable

o Provide support and advice to KENYA HUB Kenya to ensure payments are processed in a timely, efficient and accurate manner for the country

o Co-ordinate with KENYA HUB for all issues related to staff / Vendor’s payments

o Address vendor queries/complaints in a timely manner and maintain an issues log to enable senior management address any recurrent/persistent issues

o Submit vendor invoices to KENYA HUB via the e-flow workflow to facilitate timely payment

o Process urgent payments /cash voucher for the country.

o Reconcile supplier statements and identify outstanding invoices/costs not yet submitted by the business for payment and initiate follow up actions to ensure prompt payment of vendors

o Ensure reconciliation of accounts under the ownership of finance and maintenance of adequate evidence for reconciliation.

o Process all manual payment requests

o Provide accurate information to KENYA HUB on taxes (eg WHT and VAT) to ensure correct processing of all invoices by populating tax invoice.

o Maintain archival for all paid invoices as per SCB Archival policy

o Document and monitor all dashboard call action points for closure.

o Ensure that all entries related to urgent payments are approved by CFO/FC and processed by KENYA HUB on time

o Address vendor queries/complaints in a timely manner and maintain an issues log to enable senior management address any recurrent/persistent issues

o Update Payment tracker to ensure every invoice scanned is paid.

o Remit WHT, VAT, PAYE and Insurance levy before the due date to ZRA

o Remit Cross Boarder Recharge to Owed countries as per advice from Analyst Financial Reporting.

o Assist Staff to raise Cross Boarder recharges in SODA.

Reconciliation

o Maintain all supporting documents / evidence for GL reconciliations

o Actively engage KENYA HUB to ensure that online suspense accounts stipulated in SLA are reconciled per agreed timelines with all issues escalated.

o Ensure that all Accounts Payable accounts are reconciled and submitted in FCS on time.

People and Talent

o Train and support the next PA-CFO assistant in the accounts payable process so that continuity in terms of leave or any other absence.

Risk Management

o Interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures

Governance

o Ensure all payments, both manual and AP lean are processed within the confines of the group policy.

Regulatory & Business Conduct

o Display exemplary conduct and live by the Group’s Values and Code of Conduct.

o Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.

o This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Lead the country team in Zambia to achieve the outcomes set out in the Bank’s Conduct Principles

o Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

o Vendors (Including regulators)

Staff

o Management

Qualifications

o Training, licenses, memberships and certifications

o Full ACCA /CIMA / ZICA or Bachelor in Account/Finance.

o Member of relevant bodies e.g. ACCA /ZICA.

How to Apply

Submit your CV and application on company website:

Standard Chartered Bank Zambia Plc image
Standard Chartered Bank Zambia Plc
Lusaka
Business banking
Corporate finance
Investment
Loans
BancAssurance
Personal banking
Currently, Standard Chartered Bank Zambia has a total of 25 outlets across the country and 47 automated teller machines (ATMs), with four being electronic banking centres. The bank has a presence in six of Zambia's ten provinces with branches in the Copperbelt, Lusaka, Northern, North Western, Southern and Western provinces. Standard Chartered Bank Zambia offers a wide array of services that encompass personal and business banking, corporate finance, investment, loans and personal life insurance.
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