Accounting Set-Up Analyst

We are recruiting to fill the position below:

Job Title: Accounting Set-Up Analyst

Job ID: 1755
Location: Lagos
Job Type: Full-time

Job Objectives

• Effective administration and maintenance of the Bank's GL system.
• Designing accounting procedure for new products and processes.

Duties & Responsibilities

• Cocreate Product Papers, Business Requirement Documents and User Story Document and document accounting entries and accounting procedures for products and processes.
• Follow up with product and technology teams to ensure that exceptions and errors are dealt with on an accurate and timely basis.
• Participate in Controlled Live Test and User Acceptance Test sessions and reviewing accounting entries to prevent post implementation issues.
• Participate in change control process and ensure Chart of Account standards, GL Control Policy accounting standards and policies, regulatory requirements, tax laws, and all other relevant policies are adhered to.
• Proposing financial accounting process improvements as may be required.
• Proposing accounting, revenue, and other such financial control are subject to controls which ensure completeness and accuracy.
• Handle all account maintenance activities i.e. Static Data Maintenance such as creation of new accounts and appropriate GL mapping, managing restrictions on accounts, and proper monitoring to ensure that accounts have the appropriate restrictions.
• Participate in all account maintenance activities, i.e. Static / Master Data Maintenance such as creation of new accounts and appropriate GL mapping, managing restrictions on accounts as required for product setup or modifications.

Job Requirements
Education:

• Minimum Education: First degree in Applied or Social Sciences, Higher Degree / professional accounting qualification such as ACCA, ACA, or its equivalent.

Experience:

• Minimum experience: 5 years of relevant banking operations, knowledge of banking products, knowledge of accounting standards and processes, knowledge of banking regulation, from financial services or consulting.