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Job Title:  Senior Supervision Officer (Financial Analysis)

Organization: Uganda Retirement Benefits Regulatory Authority (URBRA)

Duty Station: Kampala, Uganda

About US:

The Uganda Retirement Benefits Regulatory Authority manages retirement plans for Uganda’s public workforce by serving as the fiduciary stewards of the contributions and disbursements of the pension trust funds. In partnership with the state’s public employers, we help ensure that they can offer their employees a comprehensive retirement plan that is responsive to their needs and is equitable to all stakeholders. URBRA’s primary mandates include;

• Regulate the establishment, management and operation of retirement benefits schemes in Uganda in both private and public sector
• Supervise institutions which provide retirement benefits products and services
• Protect the interest of member and beneficiaries of retirement benefits schemes
• Promote the development of the retirement benefits sector
• Provide for licensing for custodians, trustees, administration and fund managers of retirement benefits schemes, the appointment of inspectors and interim administrators.

Job Summary:   The Senior Supervision Officer (Financial Analysis) will conduct analysis of financial reports from licensed entities and ensure compliance with reporting and accounting standards.

Key Duties and Responsibilities:

• Review scheme financial submissions and make regulatory recommendations
• Identify early warning signs of scheme failure, to inform regulatory interventions.
• Advise on financial reporting requirements of the sector
• Prepare and advise on financial performance indicators to inform consistent sector assessments
• Review actuarial valuation reports and liaise with scheme actuaries/ consultants
• Monitor benefits payments and policies related to benefits payments in schemes
• Monitor market trends and application of financial reporting standards and advise on their implication to the sector.
• Plan and prepare for engagements with scheme accountants and auditors for capacity enhancement on regulatory requirements
• Prepare financial analysis reports and support the preparation of the Authority’s annual performance report
• Supervise financial analysts

Qualifications, Skills and Experience:

• The applicant must hold a Bachelor’s Degree in either Finance; or Accounting; or Commerce; or Actuarial Science; or Economics; or Statistics; or a related field from a recognized institution.
• Master’s degree in any of the above fields from a recognized university is desired
• Professional qualifications in any of the above fields is an added advantage
• Must be a registered member of a professional body.
• At least five years of relevant work experience, 3 (three) of which must have been served at Officer Level in a reputable institution.
• Significant experience in financial analysis, accounting, or Auditing in a regulated or regulatory body is preferred.
• Broad knowledge of the financial sector will be an added advantage.

Competencies:

Technical

• Knowledge of legal and regulatory provisions
• Strategic Planning and Implementation
• Analytical skills
• Risk management
• Proficiency in ICT

Behavioural

• Negotiation skills
• Communication skills
• Leadership skills
• Time management
• Coaching and mentorship
• Interpersonal skills

How to Apply:

All suitably qualified candidates should submit applications with include the following:

• A typed cover letter addressed to the Chief Executive Officer
• A current Curriculum Vitae
• Copies of Academic and other relevant certificates
• Names and day time telephone contacts of at least three (3) referees.

These should be delivered in a sealed envelope to:

The Chief Manager Human Resource and Administration,

Uganda Retirement Benefits Regulatory Authority,

5th Floor, Plot 1, Clement Hill Road,

Kampala, Uganda

Email to: recruitment@urbra.go.ug

The above documents should be attached to the email as one PDF document. Applications should ONLY have the position name in the subject line.

Deadline: 6th October 2023 by 5:00 P.M

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