Standard Chartered Bank : Analyst, Accounts Payable

  • Company: Standard Chartered Bank
  • Location: Lusaka, Lusaka Province, Zambia
  • State: Lusaka
  • Job type: Full-Time
  • Job category: Banking Jobs in Zambia

Processes

Accounts Payable

 

  •       Provide support and advice to KENYA HUB Kenya to ensure payments are processed in a timely, efficient and  accurate manner for the country
  • Co-ordinate with KENYA HUB for all issues related to staff / Vendor’s payments
  •   Address vendor queries/complaints in a timely manner and maintain an issues log to enable senior management address any recurrent/persistent issues
  • Submit vendor invoices to KENYA HUB via the e-flow workflow to facilitate timely payment
  • Process urgent payments /cash voucher for the country.
  • 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
  • Ensure reconciliation of accounts under the ownership of finance and maintenance of adequate evidence for reconciliation.
  • Process all manual payment requests
  • Provide accurate information to KENYA HUB on taxes (eg WHT and VAT) to ensure correct processing of all invoices by populating tax invoice.
  • Maintain archival for all paid invoices as per SCB Archival policy
  • Document and monitor all dashboard call action points for closure.
  • Ensure that all entries related to urgent payments are approved by CFO/FC and processed by KENYA HUB on time
  • Address vendor queries/complaints in a timely manner and maintain an issues log to enable senior management address any recurrent/persistent issues
  • Update Payment tracker to ensure every invoice scanned is paid.
  • Remit WHT, VAT, PAYE and Insurance levy before the due date to ZRA
  • Remit Cross Boarder Recharge to Owed countries as per advice from Analyst Financial Reporting.
  • Assist Staff to raise Cross Boarder recharges in SODA.

 

Reconciliation

  • Maintain all supporting documents / evidence for   GL reconciliations
  • Actively engage KENYA HUB to ensure that online suspense accounts stipulated in SLA are reconciled per agreed timelines with all issues escalated.
  • Ensure that all Accounts Payable accounts are reconciled and submitted in FCS on time.

 

People and Talent

 

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

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

 Governance

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

Regulatory & Business Conduct

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

  •      Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. 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
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

 

Key Stakeholders

 

Vendors (Including regulators)

Staff

Management

 

How to Apply

Submit your CV and Application on Company Website : Click Here