Summary
Date Posted: Wednesday, December 29, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
The Bank wishes to recruit a competent, energetic, and flexible resource, with a clean record of accomplishment to fill the position of Financial Control Accountant – Fixed Assets and Leases.

ROLE PURPOSE
Accountable for efficiency and effective utilization of Bank Investment in Fixed asset and ensuring adherence to IFRS & PBU policy in any matter of fixed asset Management.

KEY RESULT AREAS/ DELIVERABLES:
• Ensuring that all fixed asset acquisitions are properly and promptly captured in bank reports/ system
• Custodian of the general ledger relating to Fixed assets and ensuring the asset register balances tally to General ledgers for Cost, Accumulated depreciation, and depreciation expense.
• Maintain the IFRS 16 model, ensure monthly amortizations are done, Reconcile Right of Use, Accumulated depreciation
• Maintain the Lease payment schedules and Lease Liability reconciliation and adherence to IAS 21.
• Ensuring that Work in progress is monitored regularly and completed works capitalized appropriately.
• Ensuring Monthly depreciation costs are booked appropriately.
• Recommend assets due for write off and or disposal.
• Carry out asset count exercise to establish accuracy of asset records Vs physical presence.
• Preparation of requisite schedules to facilitate audit exercise.
• Maintain proper documentation for Asset count reports, movement, disposal and write offs.
• Fast track automation of fixed assets and Inventory management module.
• Ensure adherence to PBU accounting policies & Procedures.
• Preparation of PPE an IFRS 16 disclosures for Annual financial statements
• Assist the Manager Financial reporting in the financial reporting function and general ledger integrity
• Perform any other duties as may be assigned from time to time.

EDUCATION AND TRAINING
• A Business degree in finance / Accounting.
• Professional accounting qualification (ACCA/CPA) is an added advantage.

SKILLS AND EXPERIENCE
• A minimum of 2 years’ experience in banking or an equivalent industry.
• Understanding of International Financial Reporting Standards
• Understanding of best fixed asset and Inventory management practices
• Knowledge of an automated fixed asset and Inventory management system
• Good communication and presentation skills.
• Good interpersonal skills required in liasing with people at different levels within the bank.
• Willingness to learn.
• Dynamic self – starter with a personal ambition to grow an accounting career.
• Ability to work under pressure to meet tight deadlines.
• Excellent computer skills particularly in MS Word, MS Excel and MS access, Power Point.

BUSINESS BEHAVIOUR
• Ability to communicate clearly both verbally and in written form in a professional manner is deemed essential.
• Ability to build functioning working relationships across organizational, corporate, and cultural boundaries.
• Ability to demonstrate positive image and role model PBU’s values and leadership behaviors.
• A sense of ownership and pride in performance and its impact on the company’s success.
• Must be a person of impeccable integrity.

THE FOLLOWING DOCUMENTS SHOULD ACCOMPANY THE APPLICATION STRICTLY ONLINE:
• Detailed CV
• Certified copies of academic documents
• Applicants address and day time telephone contacts
• Postal/email address and daytime telephone contact of three referees of good standing in society one of which should be your current Supervisor.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
Only online applications addressed to Chief HR & Admin Officer, PostBank Uganda. Send application to hr@postbank.co.ug  with job title as subject, accompanied with copies of relevant academic documents.
Note: Only Shortlisted candidates will be contacted.
Closing Date: 04th January 2022 at 5:00 pm.

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