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Financial Control Accountant job at PostBank Uganda Ltd | Apply Now
Are you looking for Finance jobs in Uganda 2025 today? then you might be interested in Financial Control Accountant job at PostBank Uganda Ltd
Kampala, Uganda
Full Time
About the Organisation
PostBank Uganda Limited is one of Uganda's most esteemed financial institutions, known for its dedication to delivering reliable banking services across the nation. Established with a mission to promote financial inclusion and foster economic development, PostBank has grown to become a trusted name in the Ugandan banking sector.
History and Growth
PostBank Uganda Limited has a rich history that dates back to its inception as a savings bank within the Uganda Post Office in the 1920s. Over the decades, it evolved to meet the changing financial needs of the population. In 1998, it was incorporated as a limited liability company, marking a significant milestone in its journey toward modernization and growth.
Today, PostBank operates an extensive network of branches and ATMs across Uganda, ensuring that even the most remote communities have access to essential banking services. The bank continues to expand its footprint and enhance its service offerings to meet the diverse needs of its customers.
Vision and Mission
Vision: To be the leading provider of inclusive financial services in Uganda.
Mission: To provide reliable, affordable, and innovative financial solutions to all Ugandans, particularly those in underserved areas, thereby contributing to their economic well-being and the country's overall development.
PostBank Uganda Limited (PBU) is a government owned bank regulated by Bank of Uganda under the Financial Institutions Act, 2004. The bank focuses on being the market leader in advancing financial inclusion.
Job Title
Financial Control Accountant job at PostBank Uganda Ltd
PostBank Uganda Ltd
Job Description
Job Title: Financial Control Accountant (Fresher Jobs)
Organisation: PostBank Uganda Limited (PBU)
Duty Station: Kampala, Uganda
Reports to: Finance Manager General Ledger Controls
The role holder will ensure the overall integrity & accuracy of the general ledger & preparation of Financial & Management reports, assist the Finance Manager General Ledger controls in the financial reporting function and ensure adherence to IFRS & PBU policy in any matter of financial reporting.
Duties, Roles and Responsibilities
Strategic/ Financial
Custodian of the general ledger, chart of accounts & the repository for all Financial & management information for the Bank.
Ensuring that all fixed asset acquisitions are properly and promptly captured in bank reports/ system.
Ensuring that work in progress is monitored regularly and completed works capitalized appropriately.
Ensuring monthly depreciation costs are booked appropriately.
Recommend assets due for write off and or disposal.
Carry out asset count exercise to establish accuracy of asset records vs physical presence.
Preparation of requisite schedules to facilitate audit exercises (internal, external and Bank of Uganda).
Maintain proper documentation for asset count reports, movement, disposal and write offs.
Monitoring all balance sheet & income statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken as per the laid down guidelines in the internal control framework for balance sheet substantiation.
Perform revenue assurance on the balance sheet and ensure no income leakages.
Preparation of monthly general ledger reconciliations
Reconciliation of suspense accounts to ensure that they are cleared daily.
Ensure maintenance of and adherence to PBU accounting policies & procedures.
Handling bank reconciliation and following outstanding items to timely resolution.
Preparation of daily, monthly and quarterly management and regulatory reports.
Perform any other duties as may be assigned from time to time.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Bachelor’s degree in Accounting, Finance, Commerce, Statistics, Economics or any related field.
Professional accounting qualification ACCA/CPA is an added advantage
A minimum of 2 years’ experience in banking or an equivalent industry.
Ability to analyze and evaluate data for acceptability and correctness.
Analytical mind with strong orientation to financial analysis.
Ability and experience in communicating with all levels of management regarding management information needs.
Good interpersonal skills required in liaising with people at different levels within the bank.
Good planning and organization skills. Dynamic self starter with a personal ambition to succeed.
Ability to work under pressure to meet tight deadlines.
Excellent computer skills, particularly in MS Word, MS Excel and MS access, Power Point.
The ability to communicate clearly both verbally and in written form in a professional manner is deemed essential.
Ability to demonstrate positive image and role model PBU’s values and leadership behavior.
A sense of ownership and pride in performance and its impact on the bank’s success.
Must be a person of impeccable integrity.
Business Behaviours
Professionalism –Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations.
Planning & Organizing – Develops clear goals that are consistent with agreed strategies; identifies priority activities and assignments; adjusts priorities as required; allocates appropriate amount of time and resources for completing work; foresees risks and allows contingencies when planning; monitors and adjusts plans and actions as necessary; uses time efficiently.
Client Orientation – Considers all those to whom services are provided to be “clients” and seeks to see things from clients’ point of view; establishes and maintains productive partnerships with clients by gaining their trust and respect; identifies clients’ needs and matches them to appropriate solutions; monitors ongoing developments inside and outside the clients’ environment to keep informed and anticipate problems; keeps clients informed of progress or setbacks in projects, meets timelines for delivery of products or services to client.
How to Apply
The following documents should accompany the application: Cover letter, Detailed CV, and Copies of academic documents all as one file.
Online applications addressed to Chief Human Resource Officer, PostBank Uganda.
Send application to hr@postbank.co.ug with job title as subject.
Deadline: 31st January 2025 by 5.00pm
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