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Officer Retirement Benefits Scheme - (2400029) job at Uganda Revenue Authority (URA) | Apply Now
Are you looking for Administrative jobs in Uganda 2024?If yes, you might be interested in Officer Retirement Benefits Scheme - (2400029) job at Uganda Revenue Authority (URA)
The Uganda Revenue Authority (URA) is the principal government agency responsible for collecting and managing national revenue to facilitate economic development and ensure financial stability in Uganda. Established in 1991, URA has gained a solid reputation as a vital institution in the country's fiscal policy, recognized for its significant role in revenue generation, tax administration, and enforcing compliance. The Authority is committed to fostering a professional and supportive work culture, where employees are empowered to grow, innovate, and contribute to the agency's goals. URA offers diverse job opportunities with an emphasis on career advancement, work-life balance, and continuous professional development.
Over the years, URA has evolved from a nascent body into an advanced, technology-driven institution that employs modern systems to enhance efficiency and improve service delivery. Its innovative approach to taxation and digitalization has reshaped Uganda’s revenue collection process, contributing significantly to national development. With a broad reach across Uganda, URA oversees a wide array of tax categories, serving both individuals and businesses. The Authority operates based on core values of integrity, fairness, accountability, professionalism, and service excellence. As part of its Corporate Social Responsibility initiatives, URA is actively involved in promoting financial literacy, environmental sustainability, and community welfare projects. For more details, visit their website at www.ura.go.ug.
Nakawa, Kampala, Uganda
Full Time
Officer Retirement Benefits Scheme - (2400029) job at Uganda Revenue Authority (URA)
Uganda Revenue Authority (URA)
Organization: Compensation and Benefits
Primary Location: Uganda-Nakawa HQs
Job: 12621.Officer Retirement Benefits Scheme
Schedule: Permanent
Shift: Standard
Job Type: Full-time
Job Level: Day Job
Job Posting: Aug 22, 2024, 12:00:00 AM
Unposting Date: Sep 10, 2024, 11:59:00 PM
JOB ROLE/ PURPOSE:
Support the finance and administration of the URA Staff Retirement Benefits Scheme to enhance accountability and value – for-money on RBS Investments.
1.Provide custody to staff retirement benefits scheme documents and information in order to promote efficiency in processing payments and conducting of the scheme’s administrative work.
Follow up with payroll unit to establish whether RBS deductions have been remitted to the RBS bank account
Reconcile individual contributions so that the contributions are credited to individual’s member account in respective Accounting system on a monthly basis.
Post contributions into the Accounting information system
Maintain and update RBS member register
Coordinate member education sessions and related activities.
Coordinate and provide administrative support during the RBS Trustee’s meeting with the Fund Managers to assess the investment status
2. Post and reconcile all RBS transactions in order to enhance accountability and value – for-money on RBS Investments
Post the various investments to the accounting information system on a monthly basis
Conduct monthly bank reconciliations to align fund manager, the custodian and principal office transactions
Make follow ups with fund manager and custodian for any inconsistences that may arise during transaction posting and reconciliation
3. Process payment of staff retirement package in order to facilitate their smooth transition from active employment to retirement.
Upon receipt of exit notice, engage the beneficiary to fill RBS Claim Form.
Compute the accrued benefits including interest to members and process payments to service providers and submit to line supervisor for review
Upload payments to the banking system upon approval for further processing
Post all RBS payments to the accounting information system
Reconcile member accounts to determine under or over payments in order to enhance accuracy in the payment process.
File the payment vouchers for safety and future reference.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
PERSON SPECIFICATIONS
Essential Requirements
An Honor’s Bachelor’s degree or its equivalency in Finance, Accounting, Commerce or any business-related course from a recognized academic institution.
At least two (02) years of experience as a Retirement Benefits Administrator with a reputable organization or equivalent duties with another retirement/benefits firm.
An impeccable record of integrity
Desirable Requirements
Professional Qualification in any of the following: ACCA, CPA, CIMA, CFA – At least at Level II
Previous experience in a defined contribution scheme in a public agency or retirement fund
Knowledge
Knowledge of the Pension Governance and operations
Knowledge of Pension Laws and Regulatory Frameworks of Uganda
Knowledge in the operations of Capital Markets
Knowledge of Tax Laws
SPECIAL SKILLS AND ATTRIBUTES
Ability to influence and negotiate with service providers and management
Ability to work within a team
Ability to effectively communicate, both orally and in a written form
Conceptual and analytical capability
Good Interpersonal skills
Self-drive and a passion for timely results
Ability to work on own initiative and keep to tight deadlines
APPLICATIONS FOR THIS POSITION MUST BE ONLINE
Click the "Apply Button" Below to submit your Application
