Job Title:    Accountant (Fresher Jobs)

Organisation: Tropical Bank

Duty Station:  Kampala, Uganda

Reports to: Manager Financial Reporting/Management Accountant

About Organisation:

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: Perform the bank’s day-to-day financial operations by ensuring accurate financial record-keeping, preparation of BOU reports, submission of taxes, processing financial transactions, supporting the preparation of financial statements, and assisting with budgeting and compliance.

Key Duties and Responsibilities:

• Prepare the monthly financial reports for management, regulators, and other stakeholders.
• Report on compliance with financial controls, including fixed asset management.
• Regularly and accurately update the general ledger to reflect all financial transactions.
• Support the business when preparing or evaluating new proposals (new contracts, revisions of contracts, investment decisions).
• Prepare payment vouchers for approval by the line manager and advise or post the approved payments and transactions into the Core Banking System.
• Support the line manager and other team members in ad-hoc financial projects and tasks as needed.
• Prepare periodic suspense and Nostro accounts reconciliations and reports
• Ensure that creditors’ payments are made in a timely manner.
• Ensure accurate financial record-keeping at all times.
• Ensure implementation of internal control points or recommendations raised by external and internal auditors.
• Assist in preparing financial reports and statements required by regulatory authorities, ensuring compliance with relevant banking regulations, accounting standards (IFRS), and tax laws.
• Process financial transactions, including accounts payable, accounts receivable, journal entries, and bank reconciliations.
• Conduct periodic fixed assets verification exercises and ensure that asset movements are followed and updated in the register in liaison with the administration department.
• Ensure the end-of-month provisions and amortization schedules are prepared and posted into the accounting system
• Support in analysing variances between actual and budgeted figures and provide explanations for differences
• Analyse and consolidate all information submitted by departments and branches for budget formulation
• Review & analyse all off-balance sheet items and liaise with the Credit department to confirm accuracy.
• Compile regulatory returns and ensure submission on time

Qualifications, Skills and Experience:

• Bachelor’s degree in commerce, Business Administration, Finance, or a related field.
• Enrolment on a Professional certification program like ACCA ,CPA

Skills & Experience

• At least 2 years of banking or accounting experience
• Strong numerical and analytical skills to interpret financial data and provide insights.
• In-depth understanding of financial management and accounting principles

Competencies & Knowledge

• Strong Business analysis and requirement-gathering skills.
• Excellent communication and presentation skills.
• Strategic and dynamic thinking.
• Stakeholder and Relationship Management skills
• High ethical standards and integrity.
• Problem-solving abilities.
• Proficiency in English Language.

If you meet the above requirements, please submit your application online by sending a cover letter, a detailed CV, and copies of relevant academic and professional certificates to the following email address: recruitment@trobank.com