Jobs in Kampala at Deposit Protection Fund Of Uganda (DPF)

Jobs in Kampala Uganda Deposit Protection Fund Of Uganda (DPF) Jobs in Kampala Head Finance And Business Operatio Jobs in Kampala at Deposit Protection Fund Of Uganda (DPF) Head Finance And Business Operatio Employment opportunities Deposit Protection Fund Of Uganda (DPF)

Job Title ⇒ Head Finance and Business Operations
]https//www.theugandanjobline.com/
Organisation ⇒ Deposit Protection Fund of Uganda DPF
Duty Station ⇒ Kampala, Uganda
Reports to ⇒ Chief Executive Officer
About US ⇒
The Deposit Protection Fund of Uganda DPF, which is also referred to as the
Fund, was established as a separate legal entity following the enactment of
the Financial Institutions Amended Act, 2016. Prior to this, DPF was managed
by Bank of Uganda.
Job Summary ⇒ The Head Finance and Business Operations will primarily
identify and assess compliance issues, implement effective controls, monitor
day-to-day regulatory quality at the transaction level. Has responsibility for
the Fund’s accounting and financial planning and reporting.
Key Duties and Responsibilities ⇒
Key Responsibilities
⇗ Efficient management of depositor payouts, depositor claims and resolution
in case of Bank failure;
⇗ Performance reports and records of contributing Institutions;
⇗ Oversee financial operations of the Fund;
⇗ Custody and proper management financial records of all Fund investments;
⇗ Establish financial accounting, reporting and budget management systems;
⇗ Conduct analysis of financial risks and benefits on business initiatives
and strategy;
⇗ Coordinate creditors’ meetings in case of liquidation;
⇗ Coordinate general meetings of members during liquidation;
⇗ Ensure compliance with legislative requirements relating to financial
matters;
Duties
⇗ Oversees efficient depositor payout of protected deposits, Manages
depositor claims & resolution in case of Bank failure;
⇗ Reviews the depositor payout manual to ensure it is up to date and
operational;
⇗ Ensures proper depositor records are kept in all contributing institutions
to facilitate depositor payout process if a need arises;
⇗ Oversees the implementation of Depositor Unique Identifiers Single
Customer view;
⇗ Proposes decisions on the conduct of procedure and mode of payment of
insured deposits in case of a bank’s bankruptcy or liquidation;
⇗ Oversees site examinations of Contributing Institutions with the purpose of
monitoring, analyzing, and strengthening the financial condition;
⇗ Analyzes Onsite and offsite reports on the performance of Contributing
Institutions from Bank of Uganda and advise Chief Executive Officer;
⇗ Oversees the conduct of simulations for depositor payout;
⇗ Cooperates with international organizations and institutions in connection
with deposit insurance, and gets familiar with the deposit insurance systems
in other countries;
⇗ Determines the methodology for measurement and calculation of the potential
risk of the Deposit Insurance Fund at a bank and the entire banking sector
level;
⇗ Determines the standards for banks’ reporting on deposits and placements;
⇗ Furnishes reports to the Bank of Uganda concerning the settlement of banks’
obligations for payment of deposit insurance premium, for each bank
individually;
⇗ Ensures accurate payments are received and penalties are issued to
defaulting institutions;
⇗ Establishes and periodically tests the collective software solution to
support depositor payout;
⇗ Notifies depositors and other stakeholders about the deposit insurance,
determines visual appearance and format of the information material, prints
and distributes brochures, posters and leaflets to banks, etc.;
⇗ Participates in meetings with Bank of Uganda and other regulatory
authorities regarding the problem and troubled Contributing Institutions
including informational meetings, financial assistance, and make
recommendations to the CEO;
⇗ Ensures the Cash Book and General Ledger are always up-to-date;
⇗ Ensures that monthly reconciliations are undertaken in respect of all the
Fund’s accounts and balance sheet control Accounts;
⇗ Ensures custody and proper financial records of all Investments;
⇗ Oversees preparation of Fund financial Statements and ensures timely
financial reporting;
⇗ Ensures fixed asset register is properly maintained;
⇗ Coordinates external and Internal Audit activities;
⇗ Ensures successful implementation of IFRS9 and compliance to all
International Accounting Standards IAS and International Financial Reporting
Standards;
⇗ Establishes and periodically tests financial accounting and reporting as
well as Budget management systems
⇗ Leads on financial fraud prevention and detection and to annually report on
such matters;
⇗ Implements recommendations on the operation of the financial control
systems and other matters by Internal and External Auditors;
⇗ Oversees preparation of DPF Annual Work Plans and Budget and ensure that
they are monitored;
⇗ Participates in activities of liquidation and recoveries procedures of
banks and contributing institutions in accordance with legal regulations;
⇗ Works with Information Technology department to develop, implement and
improve systems for payroll management and depositor payouts.
Expected outputs
⇗ Efficient and effective Depositor payouts and claims;
⇗ Efficient and effective liquidation and recoveries processes;
⇗ Depositor Unique Identifiers Single Customer view;
⇗ Presentations to the Executive Management and/or the Board of Directors;
⇗ Accurate and timely financial statements, records and annual reports;
⇗ Implementation of IFSR9 and IAS at the Fund.

Qualifications, Skills and Experience ⇒
⇗ The applicant must hold a First Class or Upper Second Class degree in
business administration, finance, accounting or other relevant field is
essential;
⇗ Master’s degree in finance, accounting or other relevant field is
essential;
⇗ Professional qualification in CPA with active license is essential;
⇗ 8+ years of experience in banking and finance is desirable;
⇗ Demonstrated experience with financial reporting and accounting principles,
financial sector regulation and compliance requirements is desirable.
Competencies
Technical Competencies
⇗ Budgeting, forecasting, statistics skills;
⇗ Financial reporting, analysis and proficiency using financial systems;
⇗ Payables/receivables, payroll management, taxation, fiscal and external
funds accounting;
⇗ Strategy and risk management;
⇗ Crisis and project management.
Behavioural Competencies
⇗ Accountability and Dependability Takes personal responsibility for the
quality and timeliness of work and achieves results with little oversight;
⇗ Transparency and Integrity Earns others’ trust and respect through
consistent honesty and professionalism in all interactions;
⇗ Team spirit and collaboration Promotes cooperation and commitment within
the team to achieve the Fund’s organizational goals and deliverables; Builds
constructive working relationships characterized by a high level of
acceptance, cooperation, and mutual respect
⇗ Adaptability and Flexibility Adapts to changing needs, conditions, and
work responsibilities;
⇗ Self-Management and thoroughness effectively manage own time, priorities,
and resources to achieve goals; Ensures that work is complete and accurate and
independently follows up with others to ensure that agreements and commitments
have been fulfilled;
⇗ Communication Shares and receives information using clear oral, written
and interpersonal communication skills;
⇗ Stress Tolerance/tact Maintains composure in highly stressful or adverse
situations, diplomatically handles challenging or tense interpersonal
situations;
⇗ Employee Engagement and enthusiasm Demonstrates commitment to the job,
colleagues, the Fund and its mission by acting in ways that further the
accomplishment of its goals;
⇗ People Management Leads and engages people to maximize organizational and
individual performance through alignment with the Fund’s mission and
attainment of strategic and operational goals.
⇗ Coaching and Mentoring Enables co-workers to grow and succeed through
feedback, instruction, and encouragement. Influences others to be excited and
committed to furthering the Fund’s objectives; ability to gain other’s support
for ideas, proposals, and solutions.
How to Apply ⇒
All qualified candidates should apply online at the link below.
Click Here ]https//careers.dpf.or.ug/job/head-finance-and-business-
operations/
Deadline 8 th January 2021

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Jobs in Kampala Uganda Deposit Protection Fund Of Uganda (DPF) Jobs in Kampala Head Finance And Business Operatio Jobs in Kampala at Deposit Protection Fund Of Uganda (DPF) Head Finance And Business Operatio Employment opportunities Deposit Protection Fund Of Uganda (DPF)

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Brown Alex Wednesday, 30 December 2020 Deposit Protection Fund Of Uganda (DPF) Uganda Jobs Employment opportunities at Kampala Jobs in Kampala