Job Title:   Senior Banking Assistant   

Organisation: Bank of India (U) Ltd

Duty Station:  Kampala, Uganda

Reports to: Finance Manager

About Organisation:

Bank of India Uganda Limited was registered in Uganda in 2011 and the license was granted to by Bank of Uganda on 13.03.2012 under Financial Institution Act, 2004. Bank of India (Uganda) Limited officially started operations on 18th -June-2012 by opening its first branch in Kampala-Uganda. We have bouquet of personal and corporate banking, Instant Fund Transfers and lucrative Foreign Exchange products which can be further be customized to satisfy customer requirements. Our bank is wholly owned subsidiary of Bank of India, one of the largest public sector banks in India, established in 1906 and having banking expertise and tradition of over 100 years.

Job Summary: The Senior Banking Assistant will support the Finance Manager to oversee general ledger monitoring and security to ensure compliance with Generally Accepted Accounting Principles (GAAPS), IFRS and regulatory requirements.

Key Duties and Responsibilities:

• Assist and support bank administration in its finance function and ensure timely and accurate reporting of all financial records, reporting and interpretation to management. Provide support in meeting the business revenue targets, minimize costs and maximize profitability through timely and accurate performance reports.

• Assist in preparation of annual Budget under the guidance

• and supervision of the Finance Manager/ Head of Finance.

• Assist the Finance Manager/Head of Finance in overseeing general ledger monitoring and security to ensure compliance with Generally Accepted Accounting Principles and regulatory requirements.

• Assist the Finance Manager/Head of Finance in maintaining internal control, safeguards and coordinates all audit review of financial records and functions by both internal and external auditors.

• Work with Finance manager to develop timely and accurate financial management reports reflecting the true activities of the bank on periodic basis as may be required by both internal and external stake holders.

• Assist in preparation and finalization of monthly staff salary and related matters, NSSF, Tax payments related to customers and Bank, payments to Vendors etc.

• Submission of all statutory returns of Bank pertaining to shareholders/BOU/ other regulators timely.

• Promote and cross sell banking products and services to customers.

• Ensure compliance of regulatory and banking policies and guidelines.

• Timely Submission of regulatory return pertaining to other departments like credit, Risk, Treasury

• Assist Finance Manager in maintenance of Fixed Asset Register of Bank.

• Preparation of ECL/IFRS9 and reporting to the authority timely.

• Any other duties assigned from time to time by management.

Qualifications, Skills and Experience:

The ideal candidate will have the following:

• Degree in a Business related field from a recognized Institution.

• At least CPA Level II with three years minimum experience in finance management/ Department in a Bank/financial Institution.

• Experience in supervisory role is added advantage.

• A proven and extensive track record gained within financial management from a financial institution.

• Highly organized person, with ability to multitask with ease

• Suitable basic knowledge in Computer is a must.

All suitable candidates should submit their applications along with their CVs in person to HR Department, Bank of India (U) Ltd, Head Office, Plot 37 Jinja Road next to National Water Offices, Kampala or email it to boiul.uganda@bankofindia.co.in and boiul.hr@bankofindia.co.in

Note: The applicant must be willing to work at any branch of Bank of India (U) Ltd.

The appointment shall be subject to successful academic vetting, reference checks and satisfactory due diligence report