Workatele

Manager Financial Reporting at Tropical Bank, Kampala, Uganda

Tropical Bank

Manager Financial Reporting at Tropical Bank, Kampala, Uganda

Tropical Bank

Full time Job

Date Posted: January 10, 2025

Application deadline:

January 13, 2025 5:00pm

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Job description

Manage the preparation and submission of accurate and timely financial reports for
internal and external stakeholders and ensure that all financial statements and
regulatory filings comply with international accounting standards (IFRS) and local
regulatory requirement.

Responsibilities

1. Provide leadership to the finance reporting team to ensure timely delivery of
financial statements.
2. Ensure timely preparation and submission of accurate Bank of Uganda reports.
3. Ensure timely and accurate reports are prepared and shared in accordance with
IFRS and respond to any queries that may arise.
4. Work closely with the management accounting team to ensure alignment on
financial data and reporting
5. Ensure timely preparation and review of General ledger reconciliations and other
supporting systems.
6. Verify and approve payment vouchers.
7. Oversee and ensure proper administration of the Bank’s fixed assets.
8. Act as the primary liaison with external and internal auditors, ensuring seamless
audits and addressing any financial reporting issues raised.
9. Drive continuous improvements in financial reporting systems and processes to
enhance reporting accuracy and eciency.
10. Liaise with internal and external auditors and regulators to ensure all audit action
points relating to financial controls are fully implemented on time.
11. Support the Head Finance and Administration in managing the information
systems by ensuring all systems are subject to controls and satisfy the reporting
requirements of the business.
12. Participate and support in preparing budgets and forecasts for the Institution and
ensure budgets and forecasts are reviewed regularly.
13. Ensure that the bank’s financial reporting processes align with tax reporting
obligations and provide timely accurate tax filings.
14. Ensure that the Bank’s general ledgers are well maintained, and all accounts are
fully reconciled and substantiated.
15. Manage a good relationship with other departments to ensure service delivery as
per Service Level Agreements (SLA).
16. Ensure the financial reporting team is updated with the latest accounting
standards and regulatory requirements through ongoing training and
development.

Education & Training

Bachelor’s degree in commerce, Business Administration, Finance, or a related
field.
• Professional certification of ACCA or CPA.
• A master’s degree in a related field is an added advantage.

Skills & Experience

At least 5 years of experience in finance, accounting, or related field, with a
minimum of 2 years in a supervisory role within the banking or financial services
sector.
• In-depth understanding of the regulatory environment governing financial
reporting in the banking sector, including BOU reporting requirements.
• In-depth understanding of financial management and accounting principles.
• Experience in preparing statutory financial statements in compliance with IFRS.
• Solid understanding of accounting software principles.
• Ability to manage and develop high-performing teams.

Behavioural Competencies

Proficiency in drafting professional correspondence, reports, and proposals.
• Strong Business analysis and requirement-gathering skills.
• Relationship building and troubleshooting
• Excellent communication and presentation skills.
• Strategic and dynamic thinking.
• Leadership and Change Management skills
• Stakeholder and Relationship Management skills
• High ethical standards and integrity.
• Problem-solving abilities

Application deadline:

January 13, 2025

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