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Stanbic IBTC is an end-to-end financial services provider. We aim to help you manage and grow your money by providing relevant information and services. We commit to help you move from where you are to where you want to be.

Job Detail

Location: Abuja
Experience: 5year(s)
Course of Study: Chemical Engineering

Location: Kano, Abuja
 
Job purpose
To effectively support the manager cash centre in achieving the overall objectives of the organizational goal especially in the area of monitoring cash in transit within the region through proactively tracking cash holdings of the branches, guarding against idle cash build-up which could culminate to losses, Reconciliation and Report generations and other business units within Stanbic IBTC Bank Plc.
 
Key responsibilities
 
• Close monitoring of cash movement in the entire region
• Regularly mop-up of excess cash, mutilated notes etc. for lodgement  into CBN
• Daily monitoring & reconciliation of FX and Naira GL accounts
• Be discrete in handling information relating to cash movement for security reasons
• Rendition of weekly & monthly reports as at when due
• Ensure records of the hub’s activities are properly filed & archived
• Ensure that adequate leadership skills and competencies are displayed at all times and efficient coordination of your direct reports
• Ensure adequate of store items through adherence to pre-determined re-order levels.
• Ensure that equipment are in good working order. 
Cost Management
o Develops and implements initiatives to reduce cost and ensure that the budget for Cash Management Unit is met.
o Develop initiatives to improve operational efficiency and achieve reduction in operational costs.
 
Resource Utilisation
o Ensures effective, efficient and optimal utilisation of all available resources to be responsive to meet up with the operational demand.
 
Performance
o Identifies and defines operational performance metrics geared towards meeting/exceeding the departmental goals & objectives
o Maintain excellent service delivery to the branches for a better service
o Working in teams to achieve optimal results
o Provision of accurate and timely MIS report to the centre for informed decision making
 
Control
o Identifies and assesses the risks in existing processes and make recommendations to the centre for enhanced risk/loss management
o  Ensure that the branches adhere strictly to laid down procedures on cash movement to minimize the risk of financial loss to the Bank
o Work with the branches to ensure that shortages recorded from their daily evacuation (a potential loss to the Bank) are eliminated or reduced to the barest minimum
 
People management
o Drives a performance management and career development culture through mentoring and motivating in regular team and one-on-one meetings to ensure optimal performance and minimise staff turnover rate
o Ensure intermittent job rotation/shadowing amongst your reports for optimal performance
o Undertake One – on – One six weekly discussions for your direct reports to discuss progress report on individual performance for effective enduring performance management
o Effectively leave planning to ensure leave days are utilized by march of every year
o Develop knowledge sharing sessions for the team for improved performance
 
Self-Development
o Identifies appropriate formal and occupational (informal) training needs and courses (internal/external) to develop oneself.
o Up-Skills self with regards to new processes and procedures through attendance of workshops/presentations and reading of internal and external communications.
 
Click here to apply

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