Financial Officer

Job description

Job Summary: Reporting to the Financial Controller, the role is responsible for processing financial transactions, collate balance sheet reconciliations and provide timely, accurate and reliable management information in line with the internal and regulatory guidelines. Key Duties and Responsibilities: Prepare payment vouchers for all supplier invoices and staff advances and claims in a timely manner, attaching all the necessary support and approvals in accordance with approved policies and procedures.Prepare expenditure analysis on opex and capex (actual vs budget) for all departments, while highlighting exceptional approvals.Prepare monthly management accounts and all related schedules including insightful commentary in line with management requirements.Provide detailed analysis and interpretation of revenue and cost patterns in the Bank.Preparation of timely and accurate BoU returns (daily, weekly, monthly and quarterly reports).Accurate preparation and timely filing of tax returns and payments including VAT, WHT, excise duty and stamp duty).Carry out the annual fixed assets verification across the Bank and maintain the fixed assets register and updates (write-offs, disposals, additions, tag references)to minimize loss.Co-ordinate with procurement on disposal of assets.Implement recommendations from tax and audit reviews.Prepare monthly BS dashboard for all GL accounts (head office and branches) to readily identify areas of concern and follow up of issues arising.Maintain reconciliation schedules for borrowers and long term funds in line with the funder’s requirements.Maintain tracker on funding mix and interest expense.Consolidate the overhead budget submissions for the entire bank for submission to Financial Planning and Analysis to incorporate into the final budget. Qualifications, Skills and Experience: University Graduate in Accounting or Finance.Part qualification in an Accounting certification with a recognized institute (ACCA, CPA, CFA Level 2). Experience At least three years’ experience in accounting preferably in the financial services sector.Industry knowledge of the banking sector, knowledge of IFRS and Ugandan tax legislation, and Financial Institutions Act (FIA) 2004 and amendments.Fluency in spoken/written English.Good computer literacy with excellent use MS Office.Good computer literacy with excellent use of MS Office.Strong analytical and numeracy skills.Good communication, negotiation and interpersonal skills.Proactive self-starter able to work under own initiative. Additional Notes Only short-listed candidates will be contacted.Please note that all recruitment terms and conditions as stated in the HR Policies and Procedures Manual shall apply.

Requirements

bachelor degree 36