Finance Officer Career Jobs – Uganda Development Bank Ltd (UDBL)

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Job Title:   Finance Officer  

Organisation: Uganda Development Bank Ltd (UDBL)

Duty Station:  Kampala, Uganda

Reports To:  Manager Finance

Scale: UDBL 06

 

About US:

Uganda Development Bank Ltd (UDBL) is the country’s only Development Finance Institution (DFI) established in 1972. The Bank has recently re-positioned itself as a partner to the Government of Uganda in delivering the theme of its National Development Plan.

 

Job Summary:  The jobholder shall ensure smooth finance operations whilst also

ensuring that the Bank honors all requisite statutory and supplier obligations in line with agreed/acceptable standards.

Accountability Statement

The Finance Officer is responsible for administering smooth finance

operations, including initiating, and verifying payments, maintaining

the financial records and information for management use, in

accordance with all applicable Policies, Procedures and practices of

the Bank.

 

Key Duties and Responsibilities:

  • Prepare necessary entries for monthly expensing of prepayments, accruals, and provisions.
  • Input data into the bank’s accounting system.
  • Prepare Journal entries into the bank’s core banking system.
  • Prepare reconciliations of GL accounts.
  • Prepare required analysis schedules for expenses, income, assets and liabilities
  • Compile the monthly statutory returns and ensure that payment of taxes (incl. PAYE, VAT, WHT, LST) and NSSF are submitted to the respective bodies in time.
  • Regular reconciliation of customer loan accounts.
  • Post entries into the Fixed Asset Register.
  • Process invoices for all business partners and reconcile business partner accounts.
  • Processing of disbursements and ensuring proper documentation is maintained on client’s file.
  • Participate in both external and internal auditors by provision of the necessary schedules, explanations, and information.
  • Keep an up-to-date record of taxes, payments, accruals and advance rental income, and book respective expenses and revenues as they fall due.
  • Any other adhoc duties assigned by manager finance and Senior manager finance.





Qualifications, Skills and Experience:

  • The ideal applicant must hold good degree preferably in commerce/business
  • studies/economics or any other numerate fields
  • At least four years’ working experience in a related job in a
  • financial institution or an Audit Firm.
  • Professional qualifications such as ACCA, CPA is a must.

 

How to Apply:

All Interested candidates should apply using the availed UDBL job application form DownLoad Here and attach copies of their certified Academic documents. Send application to jobs@udbl.co.ug

 

Deadline: 21st January 2022

 

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

 

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