Standard Chartered Bank : Analyst, Regulatory Reporting

  • Company:Standard Chartered Bank
  • Location: Lusaka, Lusaka Province, Zambia
  • State:Lusaka
  • Job type:Full-Time
  • Job category: Banking Jobs in Zambia
1) Core Responsibilities: 
• Review the fixed assets ledger, ensuring that additions and disposals are properly captured.
• To ensure all accruals are captured and correctly recorded.
• To ensure Cross boarder recharges are paid for on a timely basis.
• To ensure all Delegated Authority has been assigned.
• Ensure accurate and timely submissions of the weekly, monthly, quarterly and Yearly submissions to the Central Bank and to Group.
 
 
Financial Reporting
• Verification of entries passed through Intersystem before posting them to PSGL. 
• Prepare Central Bank approval letter for CBR’s.
• Prepare Invoices for all Cross border recharges.
• Prepare asset disposal voucher for hub processing.
• Review additions and disposal prior to depreciation run.
• On regular basis reconcile the fixed assets to the G/L and asset register.
• Process Intercompany transactions with counterparties.
• Preparation of Returns on WHT and VAT on a monthly basis.
• Handling Queries from the local Authority ( Zambia Revenue Authority)
• On a monthly basis perform a cost analysis.
 
GL Controls and Reconciliation
• Monitor and reconcile the following accounts
– General Provisions
– Prepayments
– WIP Account
– Accruals (Software, communication, equipment and others)
– Capital advance
– Fixed asset
– Sundry Creditor
– CBR receivable
– InterCo
• Sign off on correcting entries to Finance Operations
• Supervise the Investigation of all unusual items of Suspense & Sundry Accounts
• Escalate outstanding items that are within FCP manual thresholds
• Assist CEO with assigning Delegated Authority
• On a monthly basis review the Delegated Authority tables
 
Regulatory Reporting
• Assist in timely submissions of the weekly, monthly, quarterly and Yearly submissions to the Central Bank and to Group.
• Communicate effectively and escalate timely, in order to avoid stakeholder surprises, therefore building and maintaining credibility. This includes communication with the CFO and the HoR.

 

How to Apply

Submit your CV and Application on Company Website : Click Here