Manager, Internal Financial Control Careers – Stanbic Bank Uganda

Job Title:  Manager, Internal Financial Control

Organisation: Stanbic Bank Uganda Limited

Duty Station:   Kampala, Uganda

About the Company:

Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).

Key Duties and Responsibilities:

• To drive the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports, Ensure appropriate financial controls are implemented across the bank to support integrity of the General ledger and Preparation of Internal financial control reports.  To take responsibility for daily and monthly Global Markets Balance Sheet and Income Statement controls for a subset of countries within the Africa Regions. You will also be responsible for ensuring standardization, review, control as well as management, training and coaching of Stanbic Uganda staff.
• Key custodian of the General Ledger, Chart of Accounts, and the repository for all Financial and Management information for the Bank.
• Monitoring all internal balance sheet account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken timeously.
• Reviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processed, and the amounts reflected in the general ledger appropriately supported.
• Review of suspense accounts to ensure that these are cleared daily.
• Perform regular reviews on all units conducting reconciliation and drive corrective actions were gaps are noted.
• Sign off on the validity, accuracy and completeness of the Global Markets balance sheet.
• Reconciliation of ledger balances back to source system.
• Explain movement on the balance sheet and attribute these to movement in positions as well as market.
• Deliver accurate (Profit & Loss) P&L reports (daily, weekly & monthly) analysis and commentary to business, and other stakeholders without delay.

Qualifications, Skills and Experience:

• A bachelor’s degree in Accounting, Economics, Finance, or a closely related field is mandatory.
• ACCA level 2, or CFA level 1 with demonstrable, comprehensive accounting knowledge is required.
• A minimum of 5 to 7 years in a high-pressure Finance/Accounting environment is necessary.
• In-depth understanding and application of International Financial Reporting Standards is imperative.
• Substantial, proven experience across the entire Finance and Accounting value chain is required.
• Additional Information

Behavioral Competencies:

• Adopting Practical Approaches
• Checking Details
• Documenting Facts
• Examining Information
• Following Procedures
• Interacting with People
• Interpreting Data

Technical Competencies:

• Automation
• Financial Accounting
• Financial Analysis
• Financial and Accounting Control
• Financial Consolidation
• Management Accounting

How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity are encouraged to Apply Online by visiting Link below.

Click Here

For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare

Related Jobs