Vacancy title:
Senior Manager, Financial Control & System Assurance

[Type: FULL_TIME, Industry: Consulting, Category: Management, Accounting & Finance, Business Operations]

Jobs at:
True North Consult Ltd

Deadline of this Job:
Wednesday, January 7 2026

Duty Station:
kampala | Kampala | Uganda

Summary
Date Posted: Wednesday, December 10 2025, Base Salary: Not Disclosed

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JOB DETAILS:

Background

The main purpose of the role is to effectively manage the General Ledgers that form the primary source of financial information for the bank. The two key functions of the role are; 1. Financial controls and 2. Revenue assurance. Specifically, the role holder is to implement and entrench financial controls, policies, tools, processes and procedures that ensure internal efficiencies, and effective preparation and dissemination of financial information for management decision making and statutory reporting purposes.

The role ensures overall integrity and accuracy of the general ledgers as a basis for the preparation of financial and management reporting. The role ensures that the group’s general ledger system is well maintained and all accounts fully reconciled and substantiated at all times. The role is custodian of the general ledger, chart of accounts and is the central repository for all financial and management information of the bank.

The role also ensures high quality of Bank products reporting, accounting, controls and revenue assurance to support business objectives. The role offers the 1st line of defense risk function for the bank. Control functions of reconciliation and product control report into this function.

Responsibilities

Financial

• Ensure that proper books of accounts are kept in accordance with the International Financial Reporting Standards and the applicable laws and regulations in Uganda to minimize, deter and detect risks of Fraud, manipulation and revenue losses.
• Responsible for proper configuration of banking products in Core banking system and other systems in accordance with the International Financial Reporting Standards and regulations.
• Ensure budget control system features are in place to drive effective cost management and consciousness.
• Ensure the Banks Products are accounted for properly and assure revenues are being reported and collected accurately.

Internal business processes

• Custodian of the general ledgers that are the basis of financial reporting and management accounts. The current systems the Bank uses are: i) T-24 (R18); ii) SAP; iii) Calypso vii) EDW TB; viii) BPC ledgers
• Ensure that the Bank’s general ledgers are well maintained and all accounts fully reconciled and substantiated at all times.
• Monitoring all Balance sheet and Income Statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken timeously
• Ensure the Financial Market Products are properly classified, accounting and financial reporting and valuations are done in conformity of relevant accounting policies
• Ensuring proper reconciliation of suspense accounts across the Bank. Driving strict adherence to reconciliation SLAs between Bank reconciliation and respective departments.
• Ensuring intercompany balances are properly accounted for and reconciled.
• The primary lead on all Bank external and internal audits. Involvement in annual external and internal audit process through provisions of accurate information from the General Ledger and Reconciliation.
• Ensure adherence to the Bank Risk and Control Framework.
• Champion for the department’s Risk and Control Self- Assessment (RCSA) process
• Custodian of relevant bank policies- IFRS and Accounting policy, Finance and Administration Policy that supports the proper functioning and financial management as well as risk management.

Customer

• Define, manage and participate in implementation and upgrade of Bank systems especially impacting General Ledger, Revenue assurance and Reconciliation process.
• Application of sound analytical judgment to identify trends, suggesting and implementing improvements to the existing controls, procedures and systems to bolster fraud prevention
• Responsible for cross-functional teams partnering in driving business performance and revenue collections. This includes review of process and procedures to ensure Bank is safeguarded from risk of revenue leakages at all times including at launch of new products, new systems and system enhancements.
• Advising management on potential impact to capital, income and expenses from pending recondition entries / transactions so as to ensure compliance with minimum capital requirements and providing adequate capital for business growth.
• Constructively challenge, input and maximize value in key business areas and drive exceptional business performance through business partnering especially on revenue collection process.
• MIS - Develop and implement systems for collating and analyzing financial and operational data to provide relevant management information and reports to specified stakeholders.

Leadership and People Development

• Set performance objectives for each member in financial controls in accordance with the Department’s overall objectives.
• Regularly review performance to trigger feedback and prompt actions to ensure objectives for individuals and team are met. Such actions include recognition of outstanding performance, taking corrective measures, which may include coaching, mentoring, and training to develop new skills or attitudes.
• Carry out performance appraisals to provide overall assessment for a set period of performance in a manner that enhances motivation and performance improvements.
• Collaboration amongst the staff with other members of the Department, and with other relevant stakeholders in Bank’s operating business entities for the purpose of cultivating collective responsibility to achieve business goals.

Stakeholder Management

Internal

• All Departments - for: Revenue assurance. General Ledger Management – including opening and closing accounts Reconciliation – ownership of internal GL accounts and substantiation of balances in those accounts Business heads Internal audit
• Finance Peer Teams Manager - Business Performance Manager - Financial Reporting

External

• BOU Inspections teams External Auditors Customers on failed transactions. URA teams Product Controls systems’ consultants.

Decision Making Authority

Strategic

• Overall financial control environment of the Bank.
• Group chart of accounts maintenance
• Annual external audit process management

Managerial

• Work assignment, performance assessment, development, and disciplinary actions on direct- report staff.
• Give guidance, decisions and advice on financial accounting and management and operational support for the bank

Operational

• Approval of journals into T-24, SAP and Calypso as might be delegated.

Work Cycle Impact:

Control Functions

• Daily, monthly, annually.

Audit

• Above 1 year

Systems including GL set ups and control environment

• Above 1 year

Person Specification

Education, Training, Skills & Experience

Ideal Job Specifications

Academic Qualifications

• University degree in business related studies or equivalent.
• MBA is an added advantage.

Professional Qualifications

• CPA, ACCA, CIMA or equivalent professional qualification.

Work Experience

• Eight (8) years’ work experience 3 of which at in middle management role.
• A track record of developing & implementing financial control functions
• Experience of leading and delivering significant change and business improvement initiatives, including system changes.
• Practical experience in use of relevant MS Office applications.
• Competence in the use of SAP, Calyp

Work Hours: 8

Experience in Months: 96

Level of Education: postgraduate degree

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