Jobs: Accountant needed at Stanbic Bank

Organisation: Stanbic Bank

Job ID: 12968

Duty Station: Kampala, Uganda

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).

Job Summary: The Snr Accountant-Financial Controls will steer the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports. The incumbent will also ensure appropriate financial controls are implemented across the bank to support integrity of the General ledger. He / she will also prepare and submit internal financial control reports

·         The incumbent will be the chief custodian of the General Ledger, Chart of Accounts, and the repository for all Financial and Management information for the Bank.

·         In charge of monitoring all internal balance sheet account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken timeously.

·         Responsible for reviewing of monthly general ledger reconciliations to ensure that outstanding items are timeously cleared, resultant entries processed and the amounts reflected in the general ledger appropriately supported.

·         Review of suspense accounts to ensure that these are cleared daily.

·         Perform regular reviews on all units conducting reconciliation and drive corrective actions were gaps are noted.

·         Technically support the full substantiation of the total balance sheet.

·         Manage all Internal Financial Control (IFC) and Balance sheetsubstantiation (BSS) reporting.

·         Ensure monthly Value at Risk (VaR) assessments are performed on all balance sheet accounts in the bank and recommend appropriate provisioning requirements.

·         The incumbent will be posting of journals on the system.

·         Responsible for the preparation of requisite schedules for the annual audit

·         Ensure maintenance of and adherence to Group and SBUL accounting policies and procedures.

·         Provision of technical advice and accounting support to other Functional Units

·         Playing a leading role in coaching and developing his/her team

·         The incumbent for the Stanbic Bank Snr Accountant-Financial Controls should hold a B.Com (Accounting/Finance).

·         Professional accounting qualification i.e. ACCA

·         At least two years or related experience.

·         Broad knowledge and 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 & SAP.

·         Working knowledge of Bankmaster and Branchpower is added advantage.

·         Excellent communication and presentation skills at a senior level

·         Ability to work under pressure to meet tight deadlines.

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