Job Title: Â Cash Officer (Fresher Jobs)
Organisation:Â KCB Bank Uganda Limited
Duty Station:Â Kampala, Uganda
About the Company:
KCB Bank Uganda Limited which is part of KCB Group, East Africa’s largest commercial bank that was established in 1896. Over the years, the Bank has grown and spread its wings into Tanzania, South Sudan, Uganda, Rwanda and Burundi completing the East African circuit in the year 2012. Today, the Group has the largest branch network in the region with over 238 branches, 950 ATMs and 8,000 agents offering banking services on a 24/7 basis in East Africa. KCB Bank Uganda was established in the year 2007 and has grown to become one of Uganda’s top ten commercial banks.
Key Duties and Responsibilities:
- Participate in counting and verification of cash from branches, BOU, CDMS, inter-bank or other agencies
- Ensure dual control on all cash transactions and post cash transactions in the core banking system as per laid down procedures.
- Ensure that the bank is safeguarded against penalties, losses and frauds
- Timely preparation of all the necessary documentation for all cash transactions e.g Swift messages to BOU
- Monthly preparation and reconciliation of CIT schedules versus CIT service invoices billed to the bank to guard against invoicing fraud
- Ensure adequate and excellent record keeping of all unit records including transaction vouchers
- Participate in cash knowledge dissemination to bank staff across the branch network
- Represent the bank as a cash agent in all cash transactions with the inter-bank and BOU
- Participate in identification of risks affecting the unit and report all risk incidents through appropriate channels
- Custody of unit keys & other bank valuables in the unit including CIT seals ensuring their register is maintained up-to-date.
- Reconciliation of suspense accounts/GLs under the Cash Management Unit as per predetermined frequency.
Daily Responsibilities
- Receipt, counting and verification of cash from/to branches, CDMs, BOU, inter-bank & other channels
- Raise vouchers and post cash related entries in the core banking system under proper segregation.
- Report on branch cash positions daily for proper cash planning
- Lodgment/withdraw of cash to and from vault under dual control.
- Update cash registers for all currencies held to ensure cash positions are a reflection of system GL balances
Qualifications, Skills and Experience:
- Bachelors’ degree in a business-related field
- Possession of a masters degree or professional qualification in banking is an added advantage
- At least 1 year experience in banking with knowledge of cash handling in a financial institution
- Knowledge of cash risk management, banking policies & procedures
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.
Click Here
Deadline: 23rd April 2025
Note: Qualified candidates with disability are encouraged to apply. Only short-listed candidates will be contacted.
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