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Job Title:  Junior Controller, Product

Organisation: Stanbic Bank Uganda Limited

Duty Station:   Kampala, Uganda

About the Company:

Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).

Key Duties and Responsibilities:

• Source, gather and maintain all relevant accounting data and information and validate it’s accuracy and completeness, to enable the preparation of ledgers, reconciliations, financial statements and reporting.
• Perform and report daily, weekly, monthly profit and loss analyses, which include review of new deal activity and ensuring profits and losses, are supported by market data.
• Perform balance sheet substantiation exercises, including independent price verification review and valuation adjustments/provisions have been made in accordance with the appropriate IFRS.
• Ensure a sound and effective internal control environment through daily, weekly, and monthly reconciliations, general ledger data quality checks and submissions to relevant stakeholders.
• Monitoring product Balance sheet and Income Statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken timeously.
• Preparation of monthly general ledger reconciliations to ensure that product balances on the Balance sheet and PnL reconcile to the source systems e.g. Calypso, Prime among others and that any variances are timeously cleared, resultant entries processed, and the amounts reflected in the general ledger appropriately supported.
• Reconciliation of GM accounting system and the core banking system entries to ensure all cash transactions in calypso are duly reflected on the core- banking system and SAP.
• Front office back-office accounting reconciliation, investigation and alignment of front office and back office accounting on the ledger.
• Proactive management of Banking book Forex risk monitoring and reporting (any Forex risk not managed by GM)

Qualifications, Skills and Experience:

• First Degree in Finance and Accounting, Economics, Finance or related degree
• ACCA level 2, CPA Level 2 or CFA level 1
• ACI dealing certificate an added advantage
• At least 3 years work experience and a good understanding of International Financial Reporting Standards.
• Computer literacy and knowledge of personal computers and software packages such as MS Word, MS Excel, MS PowerPoint, MS Access. (Moderate to Advanced level)
• Good communication and presentation skills and experience interacting with senior management.
• Working knowledge of SAP, Finacle, and Calypso is added advantage.
• 1 years post Professional Exam qualification experience is an added Advantage
• Knowledge and understanding of Treasury / Global markets products
• Additional Information

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Documenting Facts
• Embracing Change
• Examining Information

Technical Competencies:

• Financial Accounting
• Financial Acumen
• Financial Analysis
• Financial and Accounting Control
• Financial Consolidation
• Financial Systems Administration
• Management Accounting
• Preparing Financial Statements
• Reconciling Financial Records

How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity are encouraged to Apply Online by visiting Link below.

Click Here

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