Stanbic Bank Jobs - Finance Manager Taxation & Payments ~ Ugandan Jobline Jobs

Organisation: Stanbic Bank

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 Finance

Manager Taxation & Payments will oversee all tax related matters in the

bank and provide an efficient accounts payable service to Stanbic bank Uganda

Limited.

Key Duties and Responsibilities: 

• Manage compliance with tax law in Stanbic
  
  Bank Uganda Limited (SBUL) and all tax aspects including transfer pricing,
  
  withholding taxes, indirect taxes, PAYE and tax planning


• Monitor tax compliance within SBUL.


• In charge of the identification and
  
  evaluation of taxation risks within SBUL


• Implementation of systems and processes to
  
  mitigate identified taxation risks.


• Responsible for the preparation of monthly
  
  and annual taxation computations and returns.


• New and existing product evaluation to
  
  determine taxation impact.


• Custodian of SBUL transfer pricing policy,
  
  responsible for ensuring that policy is up to date and appropriate
  
  agreements and approvals are in place to ensure compliance.


• In charge of the optimisation of SBUL
  
  taxation expense, by identifying areas of tax savings


• Manage the relationship and participate in
  
  selection of external taxation consultants serving SBUL


• Improve taxation knowledge within SBUL
  
  through communication and tax training where appropriate

• Manage the accounts payable function to
  
  ensure:


• Sound internal controls are in place
  
  within the accounts payable process.


• All payments are adequately supported and
  
  appropriately authorised in line with the banks policies and guidelines.


• Expenditure is within budget


• Daily clearing of all suspense items,


• In charge of monthly reconciliation of
  
  major vendor accounts


• Foreign payments processed and supporting
  
  documentation complies with exchange control regulations


• Local payments processed and supporting
  
  documentation complies with the Income Tax Act and VAT Act.


• In charge of monitoring of staff claims to
  
  ensure that details of payments giving rise to PAYE are forwarded to the
  
  HR department


• Actively monitor, prepare and post
  
  accruals for unpaid invoices where services have been rendered.


• Branch petty cash control and
  
  reimbursement.


• On advice from legal department, timeous
  
  payment of taxes under authority of a garnishee order/agency notice.


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

Qualifications, Skills and Experience: 

• The ideal candidate should possess a University
  
  Degree in B.Com (Accounting/Finance).


• Post graduate qualification in a relevant
  
  field is an added advantage


• Professional ACCA or CIMA.


• At least four years banking experience in
  
  a financial management position.


• Knowledge of Uganda Banking regulations.


• Good knowledge and understanding of South
  
  African Banking regulations will be an added advantage.


• Good understanding of Ugandan Taxation
  
  regulations


• Detailed Understanding of IFRS


• Working knowledge of accounting software.
  
  (Knowledge of SAP, Bank Master or Branch Power will be an advantage.)


• An appreciation and a good understanding
  
  of macro economics and external factors affecting the business strategies
  
  adopted, and market serviced by SBUL.


• Ability to analyse and evaluate data for
  
  acceptability and correctness.


• Analytical mind with strong orientation to
  
  financial analysis.


• Ability and experience in communicating
  
  with all levels of management regarding management information needs.


• Good interpersonal skills required in
  
  liaising with people at different levels within and outside the bank..


• Dynamic self-starter with a personal
  
  ambition to succeed.


• 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

Online by visiting Link below.