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ACCOUNTING SET-UP ANALYST at First Bank of Nigeria Ltd.

Lagos, Lagos, Nigeria -

Full Time

Start Date

Immediate

Expiry Date

29 Aug, 26

Salary

0.0

Posted On

31 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

GL Mapping, Static Data Maintenance, Business Requirement Documentation, User Acceptance Testing, Chart Of Accounts, Financial Control, Banking Operations, Accounting Standards, Regulatory Compliance, Process Improvement

Industry

Financial Services

Description

DUTIES & RESPONSIBILITIES 1. 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 2. 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 3. Cocreate Product Papers, Business Requirement Documents and User Story Document and document accounting entries and accounting procedures for products and processes 4. Participate in Controlled Live Test and User Acceptance Test sessions and reviewing accounting entries to prevent post implementation issues. 5. Follow up with product and technology teams to ensure that exceptions and errors are dealt with on an accurate and timely basis. 6. 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. 7. Proposing accounting, revenue, and other such financial control are subject to controls which ensure completeness and accuracy. 8. Proposing financial accounting process improvements as may be required 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.

Responsibilities

The role involves administering the bank's GL system and managing static data maintenance for account creation and mapping. Additionally, the analyst designs accounting procedures for new products and ensures compliance with regulatory and tax laws.