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Job Title:  Officer Retirement Benefits Scheme (Fresher Jobs)

Organisation: Uganda Revenue Authority (URA)

Duty Station: Kampala, Uganda

About the Company:

Uganda Revenue Authority is a semi-autonomous Government Agency under the Ministry of Finance, Planning and Economic Development that is mandated to assess, collect and account for Government Tax and Non-Tax Revenue.

Job Summary: Support the finance and administration of the URA Staff Retirement Benefits Scheme to enhance accountability and value – for-money on RBS Investments.

Key Duties and Responsibilities:

Provide custody to staff retirement benefits scheme documents and information in order to promote efficiency in processing payments and conducting of the scheme’s administrative work.

• Follow up with payroll unit to establish whether RBS deductions have been remitted to the RBS bank account
• Reconcile individual contributions so that the contributions are credited to individual’s member account in respective Accounting system on a monthly basis.
• Post contributions into the Accounting information system
• Maintain and update RBS member register
• Coordinate member education sessions and related activities.
• Coordinate and provide administrative support during the RBS Trustee’s meeting with the Fund Managers to assess the investment status

Post and reconcile all RBS transactions in order to enhance accountability and value – for-money on RBS Investments

• Post the various investments to the accounting information system on a monthly basis
• Conduct monthly bank reconciliations to align fund manager, the custodian and principal office transactions
• Make follow ups with fund manager and custodian for any inconsistences that may arise during transaction posting and reconciliation

Process payment of staff retirement package in order to facilitate their smooth transition from active employment to retirement.

• Upon receipt of exit notice, engage the beneficiary to fill RBS Claim Form.
• Compute the accrued benefits including interest to members and process payments to service providers and submit to line supervisor for review
• Upload payments to the banking system upon approval for further processing
• Post all RBS payments to the accounting information system
• Reconcile member accounts to determine under or over payments in order to enhance accuracy in the payment process.
• File the payment vouchers for safety and future reference.

Qualifications, Skills and Experience:

Essential Requirements   

• An Honor’s Bachelor’s degree or its equivalency in Finance, Accounting, Commerce or any business-related course from a recognized academic institution.
• At least two (02) years of experience as a Retirement Benefits Administrator with a reputable organization or equivalent duties with another retirement/benefits firm.
• An impeccable record of integrity

Desirable Requirements   

• Professional Qualification in any of the following: ACCA, CPA, CIMA, CFA – At least at Level II
• Previous experience in a defined contribution scheme in a public agency or retirement fund.

Knowledge   

• Knowledge of the Pension Governance and operations
• Knowledge of Pension Laws and Regulatory Frameworks of Uganda
• Knowledge in the operations of Capital Markets
• Knowledge of Tax Laws.

Special Skills and Attributes

• Ability to influence and negotiate with service providers and management
• Ability to work within a team
• Ability to effectively communicate, both orally and in a written form
• Conceptual and analytical capability
• Good Interpersonal skills
• Self-drive and a passion for timely results
• Ability to work on own initiative and keep to tight deadlines

How to Apply:

• Visit this URA link, Click Here to view the detailed job description then click Apply Online.
• Upon submission of your application, you will receive an acknowledgement notification via email. Please ensure that your mailbox has adequate space.
• In case you are not able to complete the application process, you will be required to save your work and the information captured will be saved in your login. This will enable you to resume and complete your application at any time/date within the application period.
• Applicants are required to scan and attach copies of all the requisite academic documents such as Degree Transcripts; A’ level, O’ level Certificates, or any other certification attained. Any qualification which is not attached will not be considered.
• Academic documents of the successful candidates will be vetted and background checks conducted. Applicants that do not possess authentic academic documents will not be considered.
• Any applicant with forged academic documents will be charged in the relevant courts of law.
• Candidates who submit falsified information will be automatically disqualified.
• Degree holders SHOULD NOT apply for Fleet Assistant, Office Assistant and any other position whose job requirements are at diploma level and below.
• ONLY online applications using the link provided above will be considered.
• Any form of lobbying will lead to automatic disqualification.
• In case of any inquires please send an e-mail to recruitment@ura.go.ug. or call 0323443643.

Deadline: 10th September 2024

NB: URA is an equal opportunity employer and does not charge money for recruitment

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