Financial Controller job at Cairo bank Uganda

To control and direct the financial accounting functions of the Bank ensuring reports generated are in accordance with International Accounting Standards and local regulatory requirements.

Plan and manage the bank’s taxation affairs are planned and managed to optimize the bank’s position.

Monitor the bank’s operating base costs and highlight factors impacting effective cost management, thus contributing towards the achievement of a low-cost business environment.

Manage the day-to-day relationship with auditors, tax authorities, tax advisors and insurers.

The Financial controller has a key role in implementing and maintaining internal financial controls.

 Internal financial controls are controls which ensure reliability in financial reporting by providing reasonable assurance that proper accounting records are maintained, and the financial information used within the business or for publication is reliable.

Ensure that statutory accounts are drawn up following local requirements and promptly.

To ensure that timely and accurate financial returns are prepared in accordance with International Financial Reporting Standards and local statutory requirements.

Manage internal and external stakeholders for timely resolution of issues.

Review the computation and output of the IFRS 9 model

In charge of General Ledger administration, suspense accounts, inter-branch accounts.

Evaluate financial reporting systems, accounting and collection procedures and investment activities and make recommendations to changes and procedures, operating systems, budgets, and other control functions.

Responsible for the integrity of the fixed asset register, ensuring all assets are capitalized and the Bank always maintains an updated register.

To ensure authorization procedures are followed before goods and services are ordered and before creditors or staff expenses are paid, all expenses are accounted for, and procurement procedures are clearly documented and adhered to in vendor management.

Liaise with Head Finance and local tax advisers to manage compliance with the local corporate, income and other tax regimes (e.g. withholding tax and VAT and minimize the burden of taxation on the Group.

Ensure timely submission of direct and indirect tax returns to URA by the due dates and support the effective management of the Bank’s tax affairs and the local tax liabilities.

Manage objective setting and annual performance appraisals relating to your direct reports.

In charge of accurate and timely group reporting.