Job Summary: Perform the bank’s day-to-day financial operations by ensuring accurate financial record-keeping, processing financial transactions, supporting the preparation of financial statements, and assisting with budgeting, reporting, and compliance.
Key Duties and Responsibilities:
- Prepare the monthly financial reports for management, regulators, and other stakeholders.
- Report on compliance with financial controls, including fixed asset management.
- Regularly and accurately update the general ledger to reflect all financial transactions.
- Support the business when preparing or evaluating new proposals (new contracts, revisions of contracts, investment decisions).
- Prepare payment vouchers for approval by the line manager and advise or post the approved payments and transactions into the Core Banking System.
- Support the line manager and other team members in ad-hoc financial projects and tasks as needed.
- Prepare periodic suspense and Nostro accounts reconciliations and reports
- Ensure that creditors’ payments are made in a timely manner.
- Ensure accurate financial record-keeping at all times.
- Ensure implementation of internal control points or recommendations raised by external and internal auditors.
- Assist in preparing financial reports and statements required by regulatory authorities, ensuring compliance with relevant banking regulations, accounting standards (IFRS), and tax laws.
- Process financial transactions, including accounts payable, accounts receivable, journal entries, and bank reconciliations.
- Conduct periodic fixed assets verification exercises and ensure that asset movements are followed and updated in the register in liaison with the administration department.
- Ensure the end-of-month provisions and amortization schedules are prepared and posted into the accounting system
- Support in analyzing variances between actual and budgeted figures and provide explanations for differences.
- Analyze and consolidate all information submitted by departments and branches for budget formulation.
- Review & analyze all off-balance sheet items and liaise with the Credit department to confirm accuracy.
- Compile regulatory returns and ensure submission on time.
- Comply with AML/CFT/CPF policies and procedures, non -compliance of which shall be addressed as per the bank disciplinary processes.
- Any other duty as shall be assigned to you from time to time.
Qualifications, Skills and Experience:
- Bachelor’s Degree in Commerce, Business Administration, Finance, or a related field.
- Enrolment on a Professional certification program like ACCA, CPA, or any other relevant professional body is preferred.
- At least 2 years of banking or accounting experience
- Strong numerical and analytical skills to interpret financial data and provide insights.
- In-depth understanding of financial management and accounting principles
- Competencies required for this role
- Strong Business analysis and requirement-gathering skills.
- Excellent communication and presentation skills.
- Strategic and dynamic thinking.
- Stakeholder and Relationship Management skills
- High ethical standards and integrity.
- Problem-solving abilities.
- Fluent in the English Language and any other local language preferably Luganda particularly for explanatory purposes to Bank customers who do not understand the English Language.
- Proficiency in English Language and any other local language preferably Luganda particularly for explanatory purposes to Bank customers who do not understand the English Language.
How to Apply:
If you meet the above requirements, please submit your application online by sending a cover letter, a detailed CV, and copies of relevant academic and professional certificates to the following email address:
