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Job Title:    Manager Financial Reporting    

Organisation: Tropical Bank

Duty Station:  Kampala, Uganda

Reports to: Head Finance & Administration

About the Company:

Tropical Bank was established in 1973 under the name Libyan Arab Uganda Bank for Foreign Trade and Development. Tropical Bank Limited is jointly owned by the Governments of the Republic of Uganda 0.03% and the Libyan Foreign Bank (LFB) 99.97% of Paid-up Capital. The Bank provides professional and personalized commercial banking services to various sectors of the economy including financial support to Parastatals, Corporates, Small and Medium Enterprises, Individuals, and Non-Governmental Organisations.

Job Summary: Manage the preparation and submission of accurate and timely financial reports for internal and external stakeholders and ensure         that all financial statements and regulatory filings comply with international accounting standards (IFRS) and local regulatory requirements.

Key Duties and Responsibilities:

• Provide leadership to the finance reporting team to ensure timely delivery of financial statements.
• Ensure timely preparation and submission of accurate Bank of Uganda reports.
• Ensure timely and accurate reports are prepared and shared in accordance with IFRS and respond to any queries that may arise.
• Work closely with the management accounting team to ensure alignment on financial data and reporting
• Ensure timely preparation and review of General ledger reconciliations and other supporting systems.
• Verify and approve payment vouchers.
• Oversee and ensure proper administration of the Bank’s fixed assets.
• Act as the primary liaison with external and internal auditors, ensuring seamless audits and addressing any financial reporting issues raised.
• Drive continuous improvements in financial reporting systems and processes to enhance reporting accuracy and e
• Liaise with internal and external auditors and regulators to ensure all audit action points relating to financial controls are fully implemented on time.
• Support the Head Finance and Administration in managing the information systems by ensuring all systems are subject to controls and satisfy the reporting requirements of the business.
• Participate and support in preparing budgets and forecasts for the Institution and ensure budgets and forecasts are reviewed regularly.
• Ensure that the bank’s financial reporting processes align with tax reporting obligations and provide timely accurate tax filings.
• Ensure that the Bank’s general ledgers are well maintained, and all accounts are fully reconciled and substantiated.
• Manage a good relationship with other departments to ensure service delivery as per Service Level Agreements (SLA).
• Ensure the financial reporting team is updated with the latest accounting standards and regulatory requirements through ongoing training and development.

Qualifications, Skills and Experience:

Education & Training

• Bachelor’s degree in commerce, Business Administration, Finance, or a related field.
• Professional certification of ACCA or CPA.
• A master’s degree in a related field is an added advantage.

Skills & Experience

• At least 5 years of experience in finance, accounting, or related field, with a
• minimum of 2 years in a supervisory role within the banking or financial services sector.
• In-depth understanding  of  the  regulatory  environment  governing  financial
• reporting in the banking sector, including BOU reporting requirements.
• In-depth understanding of financial management and accounting principles.
• Experience in preparing statutory financial statements in compliance with IFRS.
• Solid understanding of accounting software principles.
• Ability to manage and develop high-performing teams.
• Proficiency in drafting professional correspondence, reports, and proposals.
• Strong Business analysis and requirement-gathering skills.
• Relationship building and troubleshooting
• Excellent communication and presentation skills.
• Strategic and dynamic thinking.

Behavioural Competencies

• Leadership and Change Management skills
• Stakeholder and Relationship Management skills
• High ethical standards and integrity.
• Problem-solving abilities.

How to Apply:

If you believe you meet the requirements for any position above, please submit your application letter and CV to recruitment@trobank.com

Applications should be addressed to;

Head Human Resource

Tropical Bank Ltd

Plot 27 Kampala Road

P.O. Box 9485 Kampala.

Please Note the following:

• Candidates must put the Job tittle/position in the subject of email during submission of their application.
• Tropical bank does not ask for money or rewards in exchange for Job opportunities.
• Only shortlisted candidates will be contacted.

Deadline: 13th January 2025

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