Fresher Financial Control Accountant – Fixed Assets and Leases Jobs – PostBank Uganda Ltd

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Job Title:   Financial Control Accountant – Fixed Assets and Leases

Organisation: PostBank Uganda Ltd

Duty Station:  Kampala, Uganda

Reports to: Manager Financial Reporting

 

About US:

PostBank Uganda Ltd is a government-owned bank regulated by Bank of Uganda under the Financial Institutions Act, 2004. The bank focuses on the mass market with operations spread across the country. The bank is growing and enhancing its services.

 

Job Summary:   The Financial Control Accountant – Fixed Assets and Leases will be accountable for efficiency and effective utilization of Bank Investment in Fixed asset and ensuring adherence to IFRS & PBU policy in any matter of fixed asset Management.

 

Key Duties and Responsibilities:

  • Ensuring that all fixed asset acquisitions are properly and promptly captured in bank reports/ system
  • Custodian of the general ledger relating to Fixed assets and ensuring the asset register balances tally to General ledgers for Cost, Accumulated depreciation, and depreciation expense.
  • Maintain the IFRS 16 model, ensure monthly amortizations are done,
  • Reconcile Right of Use, Accumulated depreciation
  • Maintain the Lease payment schedules and Lease Liability reconciliation and adherence to IAS 21.
  • 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 exercise.
  • Maintain proper documentation for Asset count reports, movement, disposal and write offs.
  • Fast track automation of fixed assets and Inventory management module.
  • Ensure adherence to PBU accounting policies & Procedures.
  • Preparation of PPE an IFRS 16 disclosures for Annual financial statements
  • Assist the Manager Financial reporting in the financial reporting function and general ledger integrity
  • Perform any other duties as may be assigned from time to time.





Qualifications, Skills and Experience:

  • The applicant must hold a Business degree in finance / Accounting.
  • Professional accounting qualification (ACCA/CPA) is an added advantage.
  • Two years of experience in banking or an equivalent industry.
  • Understanding of International Financial Reporting Standards
  • Understanding of best fixed asset and Inventory management practices
  • Knowledge of an automated fixed asset and Inventory management system
  • Good communication and presentation skills.
  • Good interpersonal skills required in liaising with people at different levels within the bank.
  • Willingness to learn.
  • Dynamic self – starter with a personal ambition to grow an accounting career.
  • Ability to work under pressure to meet tight deadlines.
  • Excellent computer skills particularly in MS Word, MS Excel and MS access, Power Point.
  • Ability to communicate clearly both verbally and in written form in a professional manner is deemed essential.
  • Ability to build functioning working relationships across organizational, corporate, and cultural boundaries.
  • Ability to demonstrate positive image and role model PBU’s values and leadership behaviors.
  • A sense of ownership and pride in performance and its impact on the company’s success.
  • Must be a person of impeccable integrity.

 

How to Apply:

All interested and qualified candidates should send application to hr@postbank.co.ug with job title as subject, accompanied with copies of relevant academic documents.

Address applications to Chief HR & Admin Officer, PostBank Uganda.

 

The following documents should accompany the application strictly online;

  • Detailed CV
  • Certified copies of academic documents
  • Applicants address and day time telephone contacts
  • Postal/email address and daytime telephone contact of three referees of good standing in society one of which should be your current Supervisor.

 

Deadline: 4th January 2022 by 5:00pm

 

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