Fresher Finance Payments Officer Job Opportunities – Absa Group (formerly Barclays Bank UK)

Organization: Absa Group Limited (formerly
Barclays Bank UK)
Duty Station: Kampala, Uganda
About US:
Absa Group Limited (formerly Barclays Bank UK) is a
diversified standalone African financial services group, delivering an
integrated set of products and services across personal and business banking,
corporate and investment banking, wealth, investment management and insurance.
Absa Group Limited is listed on the JSE and is one of Africa’s largest
diversified financial services groups with a presence in 12 countries across
the continent and around 41 000 employees.
We own majority stakes in banks in Botswana, Ghana, Kenya,
Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (Barclays Bank in
Tanzania and National Bank of Commerce), Uganda and Zambia. We also have
representative offices in Namibia and Nigeria, as well as insurance operations
in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.
Key Duties and Responsibilities:  
Financial & General Administration:
Attach supporting documentation, i.e. credit
approval, authorisation & invoices, signed spread sheet and make copies of
all mentioned documentation for audit purposes
Provide regular management information update,
i.e. invoices paid to Line Manager
Attend to queries within 24 hours with regards
to incomplete documents, not signed documents etc. and escalate to Line Manager
in the event of non resolution
Take ownership when dealing with customer
requests, offer solutions and concludes complaint constructively
Maintain financial files and records by safely
and systemically storing source documents on files/system
Address ad-hoc queries from internal and
external stakeholders (e.g. Group Tax, Private Bank Management) by asking
questions to ascertain customer needs and respond effectively, ensuring high
quality work and by meeting the required deadline
Perform general administration duties with
regards finance duties
Reporting & Compliance:
Prepare weekly/monthly/quarterly reports and
report on variances
Take accountability to ensure that accurate and
timely financial reporting obligations are met for weekly/monthly reporting by
accurately preparing reports, journals and reconciliations and working with the
specified deadlines.
Prepare the Business Unit Procure to Purchase
monthly report and follow up on discrepancies
Liaise with Group Sourcing regarding any
procurement/sourcing queries raised by cost centre non-compliance
vendors with Master Service Agreement
Assist in the preparation of the Annual
Financial Statements for the SBU by collating and submitting information to the
line manager
Obtain and keep abreast with all technical and
specialist knowledge such as changes to Companies Act, Tax and other standards
and legislation applicable
Prepare journal summaries for correct reporting
in the financial statement Prepare Value Added Tax (VAT) pack monthly in
accordance with applicable legislation, ensuring correctness of the packs and
timeously submit the pack to Group Tax after review by the Finance manager
Comply with Risk Management principles and Model
Risk Policy by understanding and keeping up-to-date with updates on these
Keep up to date with changes in accounting
standards (IFRS) and other regulatory requirements
Prepare attestations for sign off by the
Financial Manager, Chief Financial Officer 3 and Managing Executive for
submission to Group Regulatory reporting on a monthly basis.
Complete the section relating to recons when
preparing the monthly Financial Director (FD) attestations indicating
compliance with relevant legislation and Group requirements for all financial
reporting activities
Reconciliation & Budgeting:
Prepare monthly reconciliations for all accounts
on the General Ledger Control Framework attaching valid supporting documents
(e.g. signed off journals, general ledger printouts, etc.) for each recon (i.e.
investigate transactions as required) in accordance with the Accounts and Reconciliation
Policy (A&OR)
Reconcile the SBU’s bank statement with the
internal ledger accounts Reconcile Miscellaneous and other government services
Assist in preparation of the monthly/quarterly
departmental budgets by collecting and preparing all the relevant information
Conduct daily recons on control accounts and
action any deviations found, for example when an incorrect GL Account has been
debited and a recon has to be done to rectify it
Resolve all unreconciled items from prior month
and discuss any long outstanding items with the FMR.

Qualifications, Skills and Experience: 
The ideal applicant for the Absa Group Limited Finance
Payments Officer jobs should hold relevant qualifications i.e. Bachelor Honours
Degree – Financial Sciences
Analytical Thinking – Basic (Meets all of the
Digital familiarity (Meets some of the
requirements and would need further development)
Enabling team success (Meets some of the
requirements and would need further development)
Ethics and values (Meets all of the
requirements), Financial Administration (Meets all of the requirements)
Financial Experience, Openness to change (Meets
some of the requirements and would need further development)
Quality orientation (Meets all of the
How to Apply:
All suitably qualified and interested candidates who wish to
join ABSA Group in the aforementioned capacity should apply online at the link
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