Senior Manager, Financial Control & System Assurance job at True North Consult Ltd

Senior Manager, Financial Control & System Assurance

2025-04-09T10:43:16+00:00

FULL_TIME

Consulting

Management

2025-04-11T17:00:00+00:00

 

Uganda

8

Department: Finance
Reports To: Head of Finance

Job Purpose

The Senior Manager, Financial Control & System Assurance is responsible for managing the bank's General Ledgers—ensuring accurate financial reporting and revenue assurance. The role focuses on implementing financial controls, policies, and procedures to promote efficiency and compliance with statutory requirements. This role also acts as a first line of defense for risk functions, including reconciliation and product control.

Key Responsibilities

Financial Controls & Reporting

• Maintain proper books of accounts in line with IFRS and regulatory requirements.
• Configure banking products in core systems to comply with accounting standards.
• Drive budget control systems to ensure effective cost management.
• Ensure accurate revenue reporting and collection.

Internal Processes

• Serve as custodian of General Ledger systems (T-24, SAP, Calypso, BPC).
• Ensure all account reconciliations are performed and balances substantiated.
• Lead reconciliation of suspense and intercompany accounts.
• Act as the primary contact for external and internal audits.
• Uphold risk management frameworks and ensure compliance with policies.

Customer & Business Support

• Lead system implementations/upgrades that impact financial reporting.
• Analyze trends and propose improvements to systems and controls.
• Collaborate with cross-functional teams to safeguard revenue.
• Provide advisory on impacts to capital, income, and expenses.

Leadership & People Development

• Set and review performance objectives for finance control team members.
• Conduct appraisals, coach and mentor staff.
• Foster collaboration across departments to achieve shared business goals.

Stakeholder Management

• Engage with all bank departments for revenue assurance and reconciliation.
• Liaise with internal audit, BOU inspection teams, external auditors, URA, and others.

Decision-Making Authority

• Strategic decisions on financial control and audit processes.
• Managerial oversight of team performance and task assignments.
• Operational approval of financial journal entries in key systems.

Person Specifications

Education & Qualifications:

• Bachelor’s degree in a business-related field; MBA is an added advantage.
• CPA, ACCA, CIMA or equivalent qualification.

Experience:

• At least 8 years of experience, with 3 in a middle management role.
• Proven track record in financial controls and system implementation.
• Experience with SAP, Calypso, BPC, and T24 systems.

Skills & Competencies:

• Deep understanding of banking operations and regulatory frameworks.
• Strong leadership, communication, problem-solving, and strategic thinking skills.
• Ability to manage risk, influence teams, and deliver results under pressure.

Financial Controls & Reporting Maintain proper books of accounts in line with IFRS and regulatory requirements. Configure banking products in core systems to comply with accounting standards. Drive budget control systems to ensure effective cost management. Ensure accurate revenue reporting and collection. Internal Processes Serve as custodian of General Ledger systems (T-24, SAP, Calypso, BPC). Ensure all account reconciliations are performed and balances substantiated. Lead reconciliation of suspense and intercompany accounts. Act as the primary contact for external and internal audits. Uphold risk management frameworks and ensure compliance with policies. Customer & Business Support Lead system implementations/upgrades that impact financial reporting. Analyze trends and propose improvements to systems and controls. Collaborate with cross-functional teams to safeguard revenue. Provide advisory on impacts to capital, income, and expenses. Leadership & People Development Set and review performance objectives for finance control team members. Conduct appraisals, coach and mentor staff. Foster collaboration across departments to achieve shared business goals. Stakeholder Management Engage with all bank departments for revenue assurance and reconciliation. Liaise with internal audit, BOU inspection teams, external auditors, URA, and others. Decision-Making Authority Strategic decisions on financial control and audit processes. Managerial oversight of team performance and task assignments. Operational approval of financial journal entries in key systems.

Deep understanding of banking operations and regulatory frameworks. Strong leadership, communication, problem-solving, and strategic thinking skills. Ability to manage risk, influence teams, and deliver results under pressure.

Bachelor’s degree in a business-related field; MBA is an added advantage. CPA, ACCA, CIMA or equivalent qualification. Experience: At least 8 years of experience, with 3 in a middle management role. Proven track record in financial controls and system implementation. Experience with SAP, Calypso, BPC, and T24 systems.

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